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Alcohol Use Disorder Market worth $1.88 billion by 2030, growing at a CAGR of 6.50% - Exclusive Report by 360iResearch
Alcohol Use Disorder Market | 360iResearch
The Global Alcohol Use Disorder Market to grow from USD 1.21 billion in 2023 to USD 1.88 billion by 2030, at a CAGR of 6.50%.
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The market for Alcohol Use Disorder (AUD) encompasses a range of products, therapies, and services dedicated to the diagnosis, treatment, and management of AUD, characterized by a reduced ability to control or stop alcohol use despite adverse consequences. The rising awareness of AUD as a treatable condition is leading to higher diagnosis and treatment rates. The advancements in treatment options including new pharmaceuticals and digital therapeutics, enhance the efficacy and accessibility of alcohol use disorder. The increasing health care expenditure globally, with a growing focus on mental health and substance abuse disorders, contributes the market growth. However, limited accessibility to treatment facilities and high costs associated with comprehensive care may limit the market growth. Regulatory hurdles in the approval and adoption of new therapies and digital health solutions may pose challenges in the market. Moreover, the expansion of telehealth services to reach underserved populations and provide continuous, remote support contributes to the market growth. The development of personalized treatment plans leveraging genetic, behavioral, and environmental data to improve outcomes are creating new avenues in the market.
In the Americas region, alcohol use disorder affects a significant portion of the adult population. Recent patents in drug formulations and digital interventions for AUD treatment show a trend towards personalization and non-invasive therapies in the Americas region. Ongoing investments are notably directed towards biotechnology firms focusing on novel medication and holistic treatment methods in the region. European countries show a diverse landscape regarding AUD, with northern countries generally exhibiting higher rates of alcohol consumption. The EU has introduced regulations and initiatives to combat alcohol misuse, with a notable push towards integrating health services. Innovation in the EMEA region has been seen in alcohol monitoring devices and AI-driven predictive analytics for personalized treatment plans. The Middle East has a relatively lower prevalence of AUD due to cultural and religious factors. Africa faces unique challenges with AUD, linked to socio-economic factors and the availability of informal alcohol markets. In the APAC region, China's rapid urbanization and economic growth have been mirrored by increasing alcohol consumption and AUD rates. In Japan, societal pressures and work culture contribute to alcohol consumption patterns, reflecting a focus on pharmaceutical interventions and innovative therapy models, including virtual reality (VR) environments for therapy.
Market Segmentation & Coverage:
This research report categorizes the Alcohol Use Disorder Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Treatment Type, market is studied across Behavioral Therapy, Detoxification, Inpatient Rehabilitation, and Medication. The Behavioral Therapy is projected to witness significant market share during forecast period.
Based on Disorder Type, market is studied across Alcohol Abuse, Alcohol Dependence, and High-Functioning Alcoholism. The Alcohol Dependence is projected to witness significant market share during forecast period.
Based on Distribution Channel, market is studied across Hospital Pharmacies and Retail Pharmacies & Drug Stores. The Hospital Pharmacies is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.12% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Alcohol Use Disorder Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Alcohol Use Disorder Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Alcohol Use Disorder Market, highlighting leading vendors and their innovative profiles. These include Addex Therapeutics, Adial Pharmaceuticals, Alkermes, Astellas Pharma, Beckley Psytech Limited, BioCorRx, Inc., Bioprojet, Clairvoyant Therapeutics, Corcept Therapeutics Inc., GlaxoSmithKline PLC, Indivior Inc., Kinnov Therapeutics, Kinoxis Therapeutics, Lundbeck, MediciNova, Merck & Co. Inc., Omeros Corporation, Otsuka Pharmaceuticals, Sun Pharmaceutical Industries Limited, and Teva Pharmaceutical Industries Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Alcohol Use Disorder Market, by Treatment Type
7. Alcohol Use Disorder Market, by Disorder Type
8. Alcohol Use Disorder Market, by Distribution Channel
9. Americas Alcohol Use Disorder Market
10. Asia-Pacific Alcohol Use Disorder Market
11. Europe, Middle East & Africa Alcohol Use Disorder Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Alcohol Use Disorder Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Alcohol Use Disorder Market?
3. What is the competitive strategic window for opportunities in the Alcohol Use Disorder Market?
4. What are the technology trends and regulatory frameworks in the Alcohol Use Disorder Market?
5. What is the market share of the leading vendors in the Alcohol Use Disorder Market?
6. What modes and strategic moves are considered suitable for entering the Alcohol Use Disorder Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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