Press release
Global Addiction Rehab Facilities Market Overview Covering Forecast Market Size And Growth Rate 2033
Addiction Rehab Facilities Global Market Report 2024
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19266&type=smp
According to The Business Research Company's, The addiction rehab facilities market size has grown strongly in recent years. It will grow from $17.35 billion in 2023 to $19.02 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increasing focus on mental health, increasing awareness about addiction, growing mental health issues, rising healthcare expenditures, and an increase in rehabilitation facilities.
The addiction rehab facilities market size is expected to reach strong growth in the next few years. It will grow to $27.6 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to rising substance abuse rates, growth in telehealth services, expanding insurance coverage, increasing education and knowledge, and the expansion of outpatient programs. Major trends in the forecast period include technological advancements, adoption of holistic treatments, the expansion of outpatient rehab facilities, the integration of AI and machine learning in treatment plans, and demand for personalized treatment.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/addiction-rehab-facilities-global-market-report
Market Drivers and Trends:
The rising use of addictive substances is expected to propel the growth of the addiction rehab facilities market going forward. Addictive substances are chemicals that, when consumed, cause a compulsion to continue use despite harmful consequences, often leading to physical or psychological dependence. Substance addiction is rising due to a combination of increased availability of drugs, social and economic stressors, and a lack of effective preventive measures and treatment resources. Addiction rehab facilities are required for treating substance addiction because they provide structured, comprehensive care, including medical supervision, therapy, and support, essential for effectively managing withdrawal, recovery, and long-term sobriety. For instance, in June 2024, according to the American Addiction Centers, a US-based provider of substance abuse treatment, as of 2022, approximately 16.7% of Americans aged 12 and older experienced a substance use disorder, reflecting a significant rise from previous years. Specifically, 10.5% had an alcohol use disorder, and 9.7% struggled with a drug use disorder. Therefore, the rising use of addictive substances is driving the growth of the addiction rehab facilities market.
Major companies operating in the addiction rehab facilities market are developing innovative health services, such as opioid use disorder services, to enhance real-time care coordination and support for residents. Opioid use disorder services are tailored treatments and support systems aimed at helping individuals manage and overcome opioid addiction. These services include a combination of medications, therapy, and counseling. For instance, in February 2023, Jovive Health, a US-based provider of urgent care and primary care services, launched the Medication-Assisted Treatment (MAT) services for patients with Opioid Use Disorder (OUD). The service offers a unique approach to addressing opioid dependence by focusing on diminishing the physical withdrawal symptoms and cravings that often make discontinuation difficult. Utilizing medication-assisted treatment (MAT) with buprenorphine, the clinics in California, Nevada, and Illinois help manage the long-lasting changes in brain chemistry caused by chronic opioid use, providing patients with a more manageable path to overcoming their addiction and safely stopping opioid use.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
BrightView Holdings Inc., Hazelden Betty Ford Foundation, Recovery Centers of America, Banyan Treatment Center, Caron Treatment Centers, The Right Step Consulting Pvt. Ltd., Promises Treatment Centers, Cenikor Foundation, Sunshine Behavioral Health Partners LLC, Sierra Tucson Group, Sober College School of Addiction Studies, Alina Lodge, Ascendant New York, Brookdale Premier Addiction Recovery, The Recovery Village, The Edge Treatment Center, The Phoenix Recovery Center, The Discovery House, Northbound Treatment Services, Passages Addiction Treatment Centers's, A Better Today Recovery Services, Ocean Recovery Alliance's
Addiction Rehab Facilities Market 2024 Key Insights:
• The addiction rehab facilities market size is expected to reach strong growth in the next few years. It will grow to $27.6 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%.
• Rising Substance Use Drives Expansion Of Addiction Rehab Facilities Market
• Innovation In Opioid Use Disorder Services Drives Growth In Addiction Rehab Facilities Market
• North America was the largest region in the addiction rehab facilities market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/customise?id=19266&type=smp
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Addiction Rehab Facilities Market Overview Covering Forecast Market Size And Growth Rate 2033 here
News-ID: 3766766 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Addiction
Addiction Recovery Micro-Steps
Breaking Big Goals into Micro-Steps: The Path to Lasting Recovery
Achieving lasting recovery from addiction is a journey, not a sprint. At its core, recovery is about transformation-of the mind, body, and spirit. But let's be honest: the idea of "complete transformation" can feel overwhelming, especially when you're just beginning your path to sobriety. The key? Breaking down big goals into manageable micro-steps that lead to meaningful, lasting results.
Why Small Steps…
NYC Addiction Resources Expands Addiction Treatment Services to the New York Tri …
NYC Addiction Resources Expands Services to the New York Tri-State Area
Denville, New Jersey - June 27, 2024 - NYC Addiction Resources is excited to announce the expansion of our specialized services to the New York Tri-State area, encompassing parts of New York, New Jersey, and Connecticut. Our mission is to link residents with top-tier treatment centers dedicated to drug and alcohol recovery, drug detoxification, alcohol detox, and dual diagnosis rehab.
Connecting…
New Era in Digital Addiction Support: A Forever Recovery Welcomes Addiction Unsc …
March 13, 2024 - In a significant development for digital support in addiction recovery, A Forever Recovery, a leading online resource for addiction treatment and mental health education, is thrilled to announce the acquisition of Addiction Unscripted. Known for its vibrant online community, Addiction Unscripted has been pivotal in offering a digital sanctuary for individuals and families grappling with addiction.
Addiction Unscripted is recognized for creating a space where those impacted…
Drug Addiction in Maine
𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐀𝐝𝐝𝐢𝐜𝐭𝐢𝐨𝐧
Addiction is a chronic, relapsing brain disease that causes compulsive drug-seeking and use despite negative consequences. It changes the brain's structure and function, making it difficult to control impulses, make decisions, and feel pleasure.
👉𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 >> https://cascobayrecovery.com/drug-addiction-in-maine/
The disease of addiction is complex, and it often stems from multiple factors, including genetics, environment, and personal history. Some people may be more vulnerable to addiction due to their…
Drug Addiction in Maine
𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐀𝐝𝐝𝐢𝐜𝐭𝐢𝐨𝐧
Addiction is a chronic, relapsing brain disease that causes compulsive drug-seeking and use despite negative consequences. It changes the brain's structure and function, making it difficult to control impulses, make decisions, and feel pleasure.
👉 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 >> https://cascobayrecovery.com/drug-addiction-in-maine/?fbclid=IwAR0krb0hvXFfxusGKboMnDsYqIMEP0YpGilKWyF-Ipg8vDHJDZEuFdB1gf8
The disease of addiction is complex, and it often stems from multiple factors, including genetics, environment, and personal history. Some people may be more vulnerable to addiction due to…
Addiction Treatment Market - Beyond Addiction, Embracing Transformation: Elevate …
Newark, New Castle, USA - new report, titled Addiction Treatment Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Addiction Treatment market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Addiction Treatment market. The report offers an overview of the market, which…
