Global Substance Abuse Treatment Market is Anticipated to Witness High Growth Owing to Rising Awareness About Adverse Effects of Substance Use Disorder
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Substance Abuse Treatment Market |
The
global substance abuse treatment market comprises of therapeutic drugs,
assessment tools, and counseling services meant for treating substance use
disorders, including alcohol, tobacco, and drug addiction. The treatment market
covers opiate addiction treatment, non-opiate treatment drugs, and behavioral
therapies to treat substance abuse effectively and provide long-term recovery.
The rising incidence of substance abuse disorders due to increased social
acceptance of recreational drug use and lack of awareness about addiction has
fueled the need for effective treatment options.
The Global
substance abuse treatment Market Demand is estimated to be valued at
US$ 11.8 BN in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast
period 2024 to 2031.
Key Takeaways
Key players operating in the global substance abuse treatment are Indivior PLC,
Pfizer, Inc., Johnson & Johnson Inc., Alkermes., Mallinckrodt
Pharmaceuticals, Teva Pharmaceuticals, Inc., Par Pharmaceutical, Inc., USWM,
LLC, Valeant Pharmaceuticals, Greenyard Pharmaceutical Ltd. Cipla Health
Limited. Perrigo, Haleon Group of Companies, Ventus Medical, Glenmark and other
prominent players.
The rising awareness about substance use disorder and associated health risks
has opened up huge opportunities for substance abuse treatment providers.
Widespread promotional campaigns by health organizations and government bodies
on signs of addiction and available treatment options are encouraging more
people to seek professional help, thereby amplifying the market potential.
Key players are actively expanding their geographical footprint through
collaborations, mergers, and acquisition activities to establish a global
presence. For instance, in 2025, Alkermes acquired RB Health to penetrate the
European substance abuse treatment market. Rising accessibility to treatment
worldwide due to the efforts of leading providers will further fuel the market
growth.
Market drivers: Growing social acceptance and easy availability of drugs have
increased substance abuse significantly among the young population fueling the
need for advanced treatment. Rising awareness about adverse health effects of
addiction and government initiatives to promote treatment seeking behavior are
also driving the market growth.
Market restraints: Low treatment seeking rates due to stigma surrounding addiction
discourage people from opting for professional help. Lack of health insurance
coverage for substance abuse treatment in many countries increases the
financial burden on patients, limiting market growth. High costs of novel
therapeutics and relapse during recovery are major challenges faced by the
market.
Segment Analysis
The Global Substance Abuse Treatment Market is dominated by the outpatient
treatment sub-segment owing to ease of accessibility of such facilities as
compared to inpatient rehab centers. Outpatient rehab centers allow patients to
live at home and visit the facility only for specific counseling and therapy
sessions. This flexibility helps in encouraging more people to seek timely
medical help without disrupting their daily lives and work. Other prominent
sub-segments include inpatient treatment, residential treatment, and
counselling and therapy.
Regional Analysis
North America dominates the global market due to rising awareness initiatives
by public as well as private institutions. The region is projected to remain
the largest market during the forecast period. Growing opioid addiction,
increasing focus on advanced treatment therapies, and favourable reimbursement
policies facilitate the market growth in North America. Europe represents the
second largest market worldwide on account rapid growth in the number of people
seeking treatment for substance abuse and rising expenditure on healthcare.
Asia Pacific market is propelled by growing substance abuse issues in countries
like China, India, Australia, and Japan. This has encouraged governments as
well as private entities to boost addiction treatment programs across the
region.
Get more insights on this topic: Global
Substance Abuse Treatment Market
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