Press release
Addictions Therapeutics Global Market Ascends to $7.48 Billion by 2025: Growth Driven By Rise in Substance Abuse and Advancements in Diagnostics
Addictions Therapeutics Market Size
What Is The Projected Market Size Of The Addictions Therapeutics Global Market Report 2025 And Its Growth Rate?
• The addictions therapeutics market witnessed robust growth from $7.05 billion in 2024 to $7.48 billion in 2025, marking a compound annual growth rate (CAGR) of 6.1%.
• The growth in the historic period can be attributed to factors such as increased use of addictive substances like alcohol, tobacco, and drugs, heightened awareness and escalating prevalence of substance abuse disorders.
• The market is expected to rise sharply to $9.62 billion in 2029 at a CAGR of 6.5%, due to initiatives such as rising drug awareness campaigns, the emergence of synthetic drugs and new psychoactive substances.
What Is Driving The Growth In The Addictions Therapeutics Global Market?
Increasing consumption of alcohol is anticipated to be a significant driver for the growth of the addictions therapeutics market. Addiction therapeutics are used to treat addiction concerning alcohol, promoting a balance between neurotransmitters in an individual, reducing their cravings, and alleviating withdrawal symptoms. For instance, in February 2023, a report by Statistics Canada revealed alcoholic beverage sales at $26.1 billion, reflecting a 2.4% increase from the previous year. Therefore, this escalating trend in alcohol consumption is fueling the addiction therapeutics market's growth.
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Who Are the Key Players Driving Addictions Therapeutics Global Market Report 2025 Growth?
• Pfizer Inc.
• Novartis AG
• Teva Pharmaceutical Industries Ltd.
• Mylan N.V.
• Bausch Health Companies Inc.
• Sun Pharmaceutical Industries Limited
• Perrigo Company plc
• Dr. Reddy's Laboratories Ltd.
What Are The Key Trends In The Addictions Therapeutics Global Market Report 2025?
• Technological advancements in diagnostics
• Advances in neuroscience
• Partnerships and collaborations to address addiction issues
• Innovative drug launches for addictions therapeutics
What Are The Segments Of The Addictions Therapeutics Global Market Report 2025?
• By Drug Type: Buprenorphine, Naltrexone, Bupropion, Disulfiram, Nicotine Replacement Products, Varenicline, Other Drugs
• By Treatment Type: Opioid Addiction Treatment, Alcohol Addiction Treatment, Nicotine Addiction Treatment, Other Substance Addiction Treatment
• By Treatment Center: Inpatient Treatment Center, Residential Treatment Center, Outpatient Treatment Center
• By Distribution Channel: Hospital Pharmacies, Medical Stores, Other Distribution Channel
• By Application: Public, Private, Government
Which Region Leads The Addictions Therapeutics Global Market Report 2025?
North America was the largest region in the addictions therapeutics market in 2024. The report covers multiple geographic regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa, providing detailed insights into these markets' performances.
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What Is Covered In The Addictions Therapeutics Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Addictions Therapeutics Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Addictions Therapeutics Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall 2025 Addictions Therapeutics Global Market Report growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the 2025 Addictions Therapeutics Global Market Report.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and the launch of new products in the market.
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