The Addictions Therapeutics Market was valued at US$ 6,691.01 million in 2019 and is projected to reach US$ 10,735.94 million by 2027; it is expected to grow at a CAGR of 6% from 2021 to 2027.
Addiction is the psychological and physical inability to stop consumption of drugs, alcohol, opioids, and related categories of substances, even if they cause a variety of mental and physical harm. Addiction can be life-threatening if not stopped. Therefore, there are several options, such as medication and rehabilitation, which can help you stop your addiction in a better way. Rising addiction among the general population and increasing awareness campaigns are propelling the growth of the addiction treatment market. Additionally, increasing demand for R&D from contract organizations is expected to drive the market growth during the forecast period. However, the steep cost of drug development limits market growth.
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Market Segments
By Treatment Type
- Opioid Addiction Treatment
- Alcohol Addiction Treatment
- Nicotine Addiction Treatment
- Other Substance Addiction Treatment
By Drug Type
- Buprenorphine
- Naltrexone
- Bupropion
- Disulfiram
- Nicotine Replacement Products
- Varenicline
- Others
Key Players
- Alkermes Plc
- Emergent BioSolutions Inc.
- GlaxoSmithKline Plc
- Indivior Plc
- Mallinckrodt Plc
- Orexo AB
- Otsuka Holdings Co. Ltd.
- Pfizer Inc.
Scope of the Report
The research study analyzes the global Addictions Therapeutics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Addictions Therapeutics Market Report
1. What was the Addictions Therapeutics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Addictions Therapeutics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Addictions Therapeutics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Addictions Therapeutics market.
- The market share of the global Addictions Therapeutics market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Addictions Therapeutics market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Addictions Therapeutics market.
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