Press release
Rising Demand of Addiction Treatment is Poised to Expand at a CAGR of 6.7% by 2032
Addiction to various substances has been a major problem across the world. Abuse of substances such as alcohol, marijuana, prescription medicine, tobacco, and others inflict exhausting damage to the human body. Out of these, tobacco consumption, mostly in the form of cigarette smoking, is a leading cause of death in the world.
The increased prevalence of cigarette smoking has improved the prospects for the tobacco and nicotine addiction treatment market.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4712?PS
Cigarette smoking has increased the prevalence of lung cancer and cardiovascular diseases. More than 8 million people die each year as a result of tobacco consumption.
In response to the pandemic, the American Society of Addiction Medicine (ASAM) has convened the Caring for Patients during the COVID-19 Task Force (CPDC). This forum includes a national panel of experts in addiction medicine to produce extensive resources tailored to addiction medicine treatment within the context of COVID-19.
They are also capitalizing on the current scenario to boost the production of certain drugs. For instance, Alkermes is in the process of identifying new providers who are currently available to regulate injections of their medicines, including appropriate retail pharmacies and clinics.
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐:
โข North America is poised to capture more than the two-fifths market share of the global addiction treatment market.
โข Asia-Pacific shall grow the market size, at a CAGR of 6.9%
โข By treatment centers, the outpatient treatment segment is poised to capture around three-fifths of the global addiction treatment market, expanding 1.5x during the forecast period.
โข By distribution channel, the hospital's segment is anticipated to be the most attractive, capturing more than half of the market share in the global addiction treatment market.
๐๐ฟ๐ผ๐๐๐ต ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐:
โข The increased prevalence of cigarette smoking in youths has boosted the prospects for the tobacco and nicotine addiction treatment market
โข Initiatives such as the establishment of smoke-free cities in countries like China especially for youths are also projected to drive the growth of the addiction treatment market.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4712
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ:
The competitive landscape of the Addiction Treatment Market focuses on awareness campaigns to desist individuals from the habit of tobacco consumption.
โข The global addiction treatment market consists of the following players: Alkermes, Purdue Pharma, Recket Benckiser (Indivior), Orexo AB, and Teva Pharmaceuticals. These companies are involved in the production of de-addiction drugs and other formulae to assist patients in reducing their dependence on substances.
โข
โข This drug is typically designed for outpatient settings where patients are able to abstain from alcohol consumption without the need for constant supervision. Similarly, Allergan manufactures Campral Acamprosate which helps in alcohol deaddiction by restoring the natural chemical balance in the brain.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ ๐ฏ๐ ๐๐ฎ๐ฐ๐.๐ ๐ฅ
โข Alkermes
โข Purdue Pharma
โข Recket Benckiser (Indivior)
โข Orexo AB
โข Teva Pharmaceuticals
๐ ๐ผ๐ฟ๐ฒ ๐๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐ถ๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐๐ต๐ฒ ๐๐ฑ๐ฑ๐ถ๐ฐ๐๐ถ๐ผ๐ป ๐ง๐ฟ๐ฒ๐ฎ๐๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐:
Fact.MR, in its report, offers a market analysis of the global Addiction Treatment Market the forecast period through 2020 and beyond. This survey reveals the growth of Healthcare in the Addiction Treatment Market with detailed segmentation as follows
Treatment Type
โข Alcohol Addiction Treatment
โข Tobacco/Nicotine Addiction Treatment
โข Opioid Addiction Treatment
โข Other Substances Addiction Treatment
Drug Type
โข Bupropion
โข Varenicline
โข Acamprosate
โข Disulfiram
โข Naltrexone
โข Methadone
โข Buprenorphine
โข Nicotine Replacement Products
โข Others
Treatment Centers
โข Outpatient Treatment Centers
โข Residential Treatment Centers
โข Inpatient Treatment Centers
Distribution Channel
โข Hospital Pharmacy
โข Medical Stores
โข Others
Key Regions
โข North America
โข Europe
โข Asia Pacific
โข Latin America
โข Middle East & Africa (MEA)
๐๐ฒ๐ ๐๐๐น๐น ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/checkout/4712
Key Questions covered in the Addiction Treatment Market Report
โข The report offers insight into the addiction treatment demand outlook for 2020-2025
โข The market study also highlights projected sales growth for the addiction treatment market between 2020 and 2025
โข Addiction treatment market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
โข Addiction treatment market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others
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