Press release
Future of the Global Addictions Therapeutics Market: Trends, Innovations, and Key Forecasts Through 2034
Addictions Therapeutics
Addictions Therapeutics Market Size Growth Forecast: What to Expect by 2025?
The market encompassing therapeutics for addictions has experienced robust expansion over the past few years, projected to climb from a value of $7.05 billion in 2024 to $7.46 billion come 2025, reflecting a compound annual growth rate (CAGR) registering at 5.8%. This upward trajectory throughout the review period is attributable to several factors, including the heightened consumption of habit-forming agents spanning alcohol, tobacco, and illicit drugs, along with a concurrent surge in both recognition and the actual incidence of substance use disorders. Furthermore, the movement toward legalizing cannabis* across numerous jurisdictions, coupled with augmented financial backing and institutional commitment toward fostering addiction recovery programs, contributed significantly to this market surge.
How Will the Addictions Therapeutics Market Size Evolve and Grow by 2029?
Anticipation builds for substantial expansion within the addictions therapeutics market over the coming years, projecting a valuation of $9.57 billion by 2029, driven by a compound annual growth rate (CAGR) of 6.4%; this upward trajectory is fueled by increasing public awareness initiatives regarding substance abuse, the proliferation of synthetic drugs and novel psychoactive substances, lifestyle modifications and heightened stress levels, the broadening availability of rehabilitation centers, and the increasing incorporation of remote healthcare solutions into dependency treatment protocols, while key developments shaping this era include progress in diagnostic technologies, breakthroughs in neuroscience, strategic alliances forged across pharmaceutical firms and related entities tackling addiction challenges, and the introduction of novel pharmaceutical products designed for addiction therapies.
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What Drivers Are Propelling the Growth of Addictions Therapeutics Market Forward?
The escalating intake of alcoholic beverages is anticipated to be a primary catalyst for the expansion of the addiction therapeutics sector in the future. Alcohol consumption involves the ingestion of drinks that contain ethyl alcohol, whereas addiction therapeutics represent treatments deployed to manage alcohol-related dependence by discouraging further drinking. These therapies function by counteracting alcohol's depressant impacts and fostering equilibrium between the brain's excitatory neurotransmitter, glutamate, and its inhibitory counterpart, gamma-aminobutyric acid, thereby diminishing cravings and easing associated withdrawal manifestations such as insomnia, anxiety, and unease. Illustratively, official data released in February 2023 by Statistics Canada, the nation's statistical body, indicated that retail and governmental liquor authority sales of alcoholic drinks reached a cumulative total of $26.1 billion for the fiscal year concluding March 31, 2022, signifying a 2.4 percent rise compared to the preceding year, with wine sales specifically climbing by 2.1 percent to $8.1 billion over that same timeframe; moreover, for the 2021-2022 period, beer accounted for the largest segment of total alcohol sales value at 34.9 percent, followed by wine at 31.3 percent, spirits at 25.8 percent, and ciders and coolers rounding out the remaining 8.0 percent, confirming that increased alcohol usage is driving the momentum in the addiction therapeutics market.
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Which Emerging Trends Are Transforming the Addictions Therapeutics Market in 2025?
Leading entities within the addiction treatment sector are focusing on creating novel offerings, such as pharmaceuticals specifically targeting cocaine* use disorders (CUD), with the ultimate goals of capturing broader consumer segments, boosting transaction volumes, and amplifying financial intake. Medications intended for CUD are pharmaceutical agents created to assist those grappling with dependency or addiction to cocaine*. As an illustration, during January of 2023, Tempero Bio, a pharmaceutical firm situated in the United States, received the go-ahead from the U.S. Food and Drug Administration (FDA) for its product known as TMP-301. A key distinguishing feature defining TMP-301, the firm's candidate under investigation, is its function as a negative allosteric modulator (NAM) targeting the metabotropic glutamate receptor 5 (mGluR5). Developed with the precise purpose of addressing cocaine* use disorders (CUD), TMP-301 garners attention due to its combination of high efficacy, specificity, and the convenience of being orally administered, all engineered to successfully suppress the heightened glutamate activity linked to CUD.
What Are the Key Segments in the Addictions Therapeutics Market?
The addictions therapeuticsmarket covered in this report is segmented -
1) By Drug Type: Buprenorphine; Naltrexone; Bupropion; Disulfiram; Nicotine Replacement Products; Varenicline; Other Drugs
2) By Treatment Type: Opioid Addiction Treatment; Alcohol Addiction Treatment; Nicotine Addiction Treatment; Other Substance Addiction Treatment
3) By Treatment Center: Inpatient Treatment Center; Residential Treatment Center; Outpatient Treatment Center
4) By Distribution Channel: Hospital Pharmacies; Medical Stores; Other Distribution Channel
5) By Application: Public; Private; Government
Subsegments:
1) By Buprenorphine: Subutex; Suboxone
2) By Naltrexone: Oral Naltrexone; Extended-Release Naltrexone (Vivitrol)
3) By Bupropion: Wellbutrin; Zyban
4) By Disulfiram: Antabuse
5) By Nicotine Replacement Products: Nicotine Patches; Nicotine Gum; Nicotine Inhalers; Nicotine Lozenges
6) By Varenicline: Chantix (Champix)
7) By Other Drugs: Acamprosate; Topiramate; Gabapentin
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Who Are the Key Players Shaping the Addictions Therapeutics Market's Competitive Landscape?
Major companies operating in the addictions therapeutics market include Pfizer Inc., Novartis AG, Teva Pharmaceutical Industries Ltd., Mylan N.V., Bausch Health Companies Inc., Sun Pharmaceutical Industries Limited, Perrigo Company plc, Purdue Pharma L.P., Dr. Reddy's Laboratories Ltd., Cipla Inc., Hikma Pharmaceuticals plc, Amneal Pharmaceuticals Inc., Mallinckrodt Plc, Alkermes plc., Glenmark Pharmaceuticals Limited, Indivior plc., Lannett Company Inc., BioDelivery Sciences International Inc., Insys Therapeutics Inc., Camurus AB, Orexo AB, Elite Pharmaceuticals Inc., Braeburn Inc., Titan Pharmaceuticals Inc., BioCorRx Inc.
What Geographic Markets Are Powering Growth in the Addictions Therapeutics Market?
North America was the largest region in the addictions therapeutics market in 2024. The regions covered in the addictions therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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