Press release
North America Addictions Therapeutics Market to Witness Growth Acceleration During 2022-2027 With Top Prominent Players are Purdue Pharma L.P, Alvogen, Camurus AB, Hikma Pharmaceuticals PLC
North America Addictions Therapeutics Market Demand
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Addiction is a psychological and physical inability to stop consuming drugs, alcohol, opioids, and related category substances, even though those substances have various mental and physical harms. An addiction develops dependency in a person to take that substance. So, to stop addictions, there are several options available such as drug therapy, rehabilitation, which can stop addiction in a better way.
The North America Addictions Therapeutics market is expected to reach US$ 6,102.31 million by 2027 from US$ 3,715.23 million in 2019. The market is estimated to grow with a CAGR of 6.5% from 2020 to 2027. The growth of the market is attributed to rising approval of new drugs and launch of digital therapeutics to treat addiction, conduction of various awareness campaigns and government efforts to counteract drug abuse and promote medication. However, high cost associated with drug development is hindering the growth of the addiction therapeutics market.
Top Key Players within the North America Addictions Therapeutics Market:
Indivior PLC, Pfizer Inc, GlaxoSmithKline plc, Bausch Health Companies Inc, Cipla Inc., Orexo AB, Purdue Pharma L.P, Alvogen, Camurus AB, Hikma Pharmaceuticals PLC
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Expert Analysis:
The report tracks historical developments and analyzes this scenario and future projections supported optimistic and certain scenarios. The report offers an in depth analysis of the important factors like market dynamics (supply, demand, price, quantity). It includes North America Addictions Therapeutics Market industry volume, market share, market trends, growth aspects, a good range of applications, utilization ratio, supply and demand analysis, manufacturing capacity. The report collects relevant data that permits readers to know individual elements and their interactions within the current market scenario. It focuses on the required modifications for brand spanking new and existing businesses to evolve and adapt to future trends during this market.
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The report features a meticulous account of the knowledge associated with the North America Addictions Therapeutics Market.
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