Substance Abuse Treatment Market Size 2023 To 2032


Posted November 4, 2023 by ChaithanyaVaishnav

Global substance abuse and addiction treatment market size is expected to reach $15.88 Bn by 2027 at a growth rate of 9.8%.
 
The Substance Abuse And Addiction Treatment Global Market Report 2023, provides comprehensive information on the substance abuse and addiction treatment market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Substance Abuse And Addiction Treatment Market’s Growth:

https://www.thebusinessresearchcompany.com/report/substance-abuse-and-addiction-treatment-global-market-report

The global substance abuse and addiction treatment market size is expected to grow from $9.80 billion in 2022 to $10.90 billion in 2023 at a compound annual growth rate (CAGR) of 11.21%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The substance abuse and addiction treatment market size is expected to reach $15.88 billion in 2027 at a CAGR of 9.8%.

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https://www.thebusinessresearchcompany.com/sample_request?id=9127&type=smp

New product innovation has emerged as the key trend gaining popularity in the substance abuse and addiction treatment market. Major companies operating in the substance abuse and addiction treatment market are developing innovative products to strengthen their position in the market. For instance, in September 2021, Lyra Health, a US-based provider of innovative mental healthcare benefits, launched its first technology-integrated care solutions. The unique features of integrated care solutions Lyra Reset include virtual counseling to help stop drinking or achieve sobriety, digital lessons, and medication to combat cravings, all of which serve to reduce the impact of stigma. This first technology—integrated care solutions—is designed to address major mental health concerns like alcohol use disorder (AUD), suicidality, and other complicated mental health conditions.

The substance abuse and addiction treatment market is segmented:

1) By Abuse Type: Alcohol Dependence, Tobacco or Nicotine Addiction, Other Abuse Types

2) By Treatment: Alcohol Addiction Treatment, Tobacco or Nicotine Addiction Treatment, Opioid Addiction Treatment, Other Treatments

3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels

North America was the largest region in the substance abuse and addiction treatment market in 2022.

The table of contents in TBRC’s substance abuse and addiction treatment market report includes:

Executive Summary
Substance Abuse And Addiction Treatment Market Characteristics
Substance Abuse And Addiction Treatment Market Trends And Strategies
Substance Abuse And Addiction Treatment Market - Macro Economic Scenario
Substance Abuse And Addiction Treatment Market Size And Growth
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Africa Substance Abuse And Addiction Treatment Market
Substance Abuse And Addiction Treatment Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Substance Abuse And Addiction Treatment Market
Substance Abuse And Addiction Treatment Market Future Outlook and Potential Analysis
Appendix
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Categories Medical
Tags substance abuse and addiction treatment market , substance abuse and addiction treatment market growth , substance abuse and addiction treatment market analysis
Last Updated November 4, 2023