Substance Abuse Treatment Market Growth Analysis by 2024
Read Report Overview: https://www.transparencymarketresearch.com/us-substance-abuse-treatment-market.html
As per the TMR’s estimation, the market for substance abuse treatment in the U.S., which offered an opportunity worth US$4.42 bn in 2015. Projected to progress at an impressive CAGR of 12.40% over the period from 2016 to 2024 and touch US$12.43 bn by the end of the forecast period. Outpatient treatment centers have emerged as the key end user of substance abuse treatments. With the increasing popularity of outpatient rehab across the U.S., this segment is anticipated to remain leading over the years to come.
Drug Abuse Treatment to Report Greater Uptake
The research report analyzes the U.S. market for substance abuse treatment on the basis of various market verticals, among which the treatment type is the most prominent one. Based on the type of treatment, this U.S. market has been classified into alcohol addiction treatment, tobacco or nicotine addiction treatment, and drug abuse treatment.
Request Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=21773
Among the three, the uptake of drug abuse treatment is much higher than the other two. The scenario is anticipated to remain so over the period of the forecast, reports the research study. Buprenorphine, methadone, and naltrexone have surfaced as the most preferred drug abuse treatments in the U.S., among which, buprenorphine is likely to report significant growth in the near future, thanks to the continual innovation and advancements in buprenorphine pills and film, and the recent introduction of buprenorphine implants.
Rising Number of Substance Addicts to Boost Market’s Growth
The U.S. is witnessing an alarming rise in the number of people addicted to alcohol, nicotine/tobacco, and opioid, resulting in a mounting burden on the country’s economy. “The U.S. government has come up with several early intervention and presentation strategies to manage this situation, which is likely to boost the uptake of substance abuse treatment in this country over the next few years,” says an analyst at TMR.
Download Brochure of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21773
Apart from this, this market is also projected to gain from the increasing initiatives by the leading providers of substance abuse treatment in the U.S., who, in a bid to improve their customer base, are taking up various measures to create awareness among consumers and drug vendors pertaining to the ill effect of drug abuse and the importance of abuse treatment.
These companies are also using various medium, such as television, information brochures, and newspapers, to spread the word. Hitherto, it has been proved to be highly efficient in curbing the substance abuse crisis. Researchers expect the trend to remain so over the forecast period and reflect positively on this market in the coming years. However, the lack of options for the treatment of mental illness caused by substance addiction and various legal obligations obstructing the clearance of therapies from the FDA may hinder the growth of this market to some extent in the near future, notes the study.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Transparency Market Research
90 State Street,
NY - 12207
USA - Canada Toll Free 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Substance Abuse Treatment Market Growth Analysis by 2024 here
News-ID: 967755 • Views: 119
More Releases from TMR - Research Report
Global Tissue Extraction System Market: Trends and Opportunities 2017 - 2025
Global Tissue Extraction System Market: Overview The global tissue extraction system market is foretold to display an impressive growth rate in the coming years. This could be owing to the need for tissue extraction or biopsy for cancer analysis after the patient has been suspected of carrying the disease. The procedure is extremely vital for diagnosing the disease. Thus, increasing prevalence of carcinogenic agents, compromised immunity levels, and rising incidence of
Neurology Sterile Injectable Market: Growth Factors, Applications, Regional Anal …
Neurology sterile injectables are generally administered to individuals suffering from pain linked to the nerves. Neuropathic pain injections are used to provide relief to these individuals. Neurology sterile injectable block the pain signal from reaching the brain. Neurological sterile injection can be administered at sympathetic nervous system, trigger points, dorsal roots, and peripheral nerves. The most commonly use neurological injectable used for nerve block are steroid injection, opioids, and local
External Fixator Devices Market: Global Survey and Trend Research
External fixator devices are used to stabilize and support long bone open fractures to help the patient carry body’s weight as well as movement. Schanz screws, connecting rods, and clamps are used in case of unipolar external fixators. Circulatory fixators include circular rings, wires, connecting rods, and struts. The external fixator devices provide rigid fixation along with fixed distraction of the fracture fragments. The major advantage of external fixator devices
Anorectal Preparations Market Trends, and Forecast 2017 - 2025
Anorectal preparations are products that contain a combination of an anti-inflammatory agent, or a pain reliever, and a local anesthetic as a suppository, or an ointment. External or internal hemorrhoids are treated by the topical application of anorectal preparations. Hemorrhoids are masses or lumps of tissue in the anus that contain enlarged blood vessels. The formation of hemorrhoids is due to an increase in abdominal pressure. Frequent constipation, which is
More Releases for Abuse
Sutton Women's Centre conference on Domestic Abuse
Sutton Women's Centre are hosting a conference on Domestic Abuse, at The Grange, Beddington Park, Wallington on 28th March 2019. Over 140 delegates from local organisations, charities and businesses will be attending. The conference will give them the opportunity to listen to survivors of abuse, explore the issue of coercive control, its impact and how local strategies are tackling this. A number of leading national and
Handling FMLA Abuse
Edupliance announces webinar titled, “Handling FMLA Abuse” that aims to help attendees to understand how do they identify the FMLA abuse and what can they do about it. The event going to be held LIVE on, Nov 21, 2017 from 1 PM - 02:30 PM ET/ 10 AM - 11:30 AM PT. Since the Family and Medical Leave Act (“FMLA”) was signed into law, employers have been faced with the
Substance Abuse Treatment Market | Evolving Market Trends
U.S. Substance Abuse Treatment Market: Snapshot In the U.S. Substance abuse has become a major cause of concern. People in this country are increasingly getting addicted to a variety of drugs, affecting their health and their family life to a large extent. With prolonged drug and alcohol abuse, the prevalence of mental illness and various chronic diseases, such as diabetes and cardiovascular disorders, have increased substantially among consumers, creating a high
Drugs of Abuse Testing Market: High Prevalence of Drug Abuse Augurs Well for Ove …
Drugs of abuse testing offer a variety of testing methods that can be conducted at home as well as in laboratories to detect drugs present in the human body. These drugs are tested through saliva, blood, and sweat. The testing of drugs is done for drugs that are banned by governments. Analysts anticipate that the global market will witness a considerable growth rate in the coming years due to
Social Problems due to Drug Abuse Driving Substance Abuse Treatment Market
Substance abuse refers to the use of psychoactive substances, which include alcohol and illicit drugs, to the extent that it is harmful or hazardous. Psychoactive substance abuse can lead to dependence syndrome – a cluster of behavioral, physiological, and cognitive symptoms stemming from the body’s reaction to a lack of the respective substance. This develops as a result of continual use of the substance and typically involve a strong urge
Rosecrance Health Network Offers Substance Abuse Treatment
FOR IMMEDIATE RELEASE Rockford, IL- Rosecrance Health Network services provide flawless substance abuse treatment to the patients. The health organization is non-profitable addiction treatment provider in Chicago. The organization provides inpatient and outpatient healthcare services in the United States. Inpatient treatment for substance abuse and also outpatient are based on evidence-based treatment provided to the patients. Comparing to any alcohol and drug rehab centers in Chicago, the healthcare services provided by the