The Global Substance
Abuse Treatment Market size is expected to grow at an
approximate CAGR of 11.6% during forecast period, 2018–2023. Increasing cases
of tobacco smoking is one of the prominent factors driving the substance abuse
treatment market. According to the information published in the Frontiers in
Psychiatry journal, China is facing an immense public health challenge from
tobacco smoking. It is estimated that number of deaths, due to cigarette
smoking, will reach 2 million by 2030 and 3 million by 2050.
Various other factors such as
increasing incidence of drug addiction, technological advancement in the
diagnostics industry, rising patient awareness about substance abuse treatment
and improvement in treatment rates and healthcare infrastructure are also
expected to propel the growth of the market.
However, poor treatment
compliance in some countries and reluctance of individuals for accessing
treatment can hamper the market growth over the forecast period.
Segmentation
The Global substance abuse
treatment market is segmented based on abuse type, treatment type, end user,
and region.
The Global market for substance
abuse treatment, by abuse type is segmented into alcohol dependence,
tobacco/nicotine addiction, and drug abuse. The drug abuse segment is
anticipated to hold the largest market share owing to the increasing addiction
of opioid.
The market, by treatment type, is
segmented into alcohol addiction treatment, tobacco/nicotine addiction
treatment, and drug abuse treatment. The alcohol addiction treatment segment is
further classified as disulfiram, acamprosate, and naltrexone. The
tobacco/nicotine addiction treatment segment is further classified as nicotine
replacement treatment, and non-nicotine medication. The nicotine replacement
treatment segment includes nicotine patch, nicotine gum, nicotine lozenge,
nicotine spray, and nicotine inhaler. The non-nicotine medication segment
includes bupropion, and varenicline. The drug abuse treatment segment is
further classified as methadone, buprenorphine, and naltrexone.
Based on end user, the market is
segmented into outpatient treatment centres, residential treatment centres, and
inpatient treatment centres.
Regional Analysis
The Americas dominated the global
market for substance abuse treatment owing to presence of major market players
and rising awareness about substance abuse treatment within the region. In
recent years, various private and government organizations have launched
campaigns and seminar to spread awareness about substance abuse. For instance,
in February 2017, the Ad Council and Viacom have launched the LISTEN campaign
and a new PSA to address America’s substance abuse crisis.
In 2017, it was estimated that Europe
stood second in the global substance abuse treatment market. This can be
attributed to the rising research and development investments.
Asia Pacific was projected to be
the fastest growing region in 2017. Factors such as increasing incidences of
tobacco addiction and increasing technological advancements within the region
are boosting the regional markets of the Asia Pacific region.
Key Players
Some of the key players in the
global substance
abuse treatment market are Pfizer Inc., Alkermes Plc,
GlaxoSmithKline Plc., Purdue Pharma LP, Allergan, Mylan Laboratories, Reckitt
Benckiser Pharmaceuticals, Teva Pharmaceuticals, Forest Laboratories, Inc.,
Accord Healthcare, Amphastar Pharmaceuticals, Apotex, BioCorRx, Cipla,
Glenmark, INSYS Therapeutics, LFB Group, Lupin, Opiant Technologies, Sanofi
Aventis, Sanquin, Sterinova, Sun Pharmaceuticals, and others.
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