Addiction Treatment Market Size, Share, Growth, Trends, Consumption, Revenue, Company Analysis and Forecast 2020-2027

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Healthcare

According to Vision Research Reports, the global addiction treatment market size surpassed at US$ 6.1 Bn in 2019 and is projected to reach US$ 11 billion by 2027.

The global addiction treatment market is driven by awareness initiatives by manufacturers and governments and growing abuse of prescription drugs. Moreover, growth of the market can be attributed to favorable reimbursements for smoking cessation therapy.

The global addiction treatment market is anticipated to grow at a CAGR of 5% during the forecast period. The novel COVID-19 pandemic is likely to have a negligible impact on the overall prospects of the addiction treatment market, as the demand for addiction treatment continues during the ongoing COVID-19 event. Other factors that are projected to accelerate the growth of the global market for addiction treatment include rising investments in research and development, increasing government support to curb addiction, development of new addiction treatment laboratories that co-exist with patient care settings, and surging addiction cases worldwide.

Addiction treatment is intended to help an individual to prevent or stop compulsive addicted products or drugs seeking. Drug abuse and addiction treatment is provided in several different settings by using a number of behavioral and pharmacological approaches. North America dominated the global addiction treatment market in 2019 and the trend is anticipated to continue during the forecast period. Rise in awareness regarding different opioid treatment programs and increasing government initiatives to raise awareness about substance abuse and ill effects of drugs are expected to drive the market in North America. Asia Pacific is likely to be a highly lucrative market for addiction treatment and it is expected to expand at a high CAGR during the forecast period.

Growing Abuse of Prescription Drugs to Drive Market

The prevalence of prescription drug abuse is increasing rapidly. This, in turn, is increasing the rate of overdose deaths and the frequency of emergency room visits. The non-medical consumption of prescription drugs is growing very rapidly. According to the Substance Abuse and Mental Health Services Administration (SAMHSA), more than 6.5 million people above the age of 11 used prescription drugs for non-medical reasons in 2013 in the U.S. According to the UNODC data, globally, deaths directly caused by the use of drugs increased by 60% from 2000 to 2015.

Key Drivers

  • In order to increase the customer pool, drug abuse treatment providers and manufacturers of drug abuse treatment products are focusing on creating awareness among people and drug store owners about adverse effects of drug abuse and importance of abuse treatment
  • Awareness through television advertisements, information brochures, newspapers, and other media has proved to be effective in curbing the substance abuse crisis to a certain extent
  • Favorable reimbursements have motivated addicts to take smoking cessation therapy. Reimbursements are provided for prescription drugs such as Zyban and Chantix. However, some insurance companies refuse to cover costs incurred for NRT products such as nicotine patches, nicotine gum, sprays, inhalers, and lozenges.
  • In Canada, around 50% of the public sector organizations and around 35% of the private sector organizations provide reimbursements for nicotine gum, lozenges, and patches

Key Trend

  • In order to reduce mortality and morbidity rate, governments in the developed and developing countries are conducting awareness campaigns regarding the ill-effects of substance abuse and to encourage people to opt for early treatment
  • In countries such as the U.K., the National Health Service (NHS) runs various public and privately funded programs for the treatment of substance addiction
  • Moreover, companies adopt merger & acquisition strategy to expand market presence in new geographies or add new products and services or both to existing platforms
  • For instance, in December 2015, Acadia Healthcare acquired Priory Group, a leading provider of behavioral care services in the U.K. This acquisition was intended to expand Acadia Healthcare’s capacity and geographic presence in the U.K.

Growing Adoption of Data Analysis Techniques to Improve Medical Care

While research and development activities continue to play an imperative role in pointing out the efficacy of addiction treatment in controlled settings, the implementation of these findings remains a major challenge. For instance, a majority of the programs provide a range of addiction treatments. However, there is little evidence on the overall impact of the multidimensional programs on the patients. As market participants involved in the addiction treatment market continue to address these challenges, data analysis has emerged as an effective role that offers tremendous promise in enhancing the quality of addiction treatment. At present, the demand for real-time data collection to streamline addiction treatment and curate tailor-made treatment programs is rising due to which, the development of cutting-edge clinical informatics platforms is likely to gain considerable momentum.

Tobacco/Nicotine Addiction Treatment Type to Dominate Market

Based on treatment type, the global addiction treatment market has been classified into alcohol addiction treatment, tobacco/nicotine addiction treatment, opioid addiction treatment, and other substance addiction treatment. The tobacco/nicotine addiction treatment claimed the largest market share in 2019, followed by other segments. Smoking is one of the leading preventable causes of deaths and it is increasing across the globe. Thus, a large portion of tobacco/nicotine addiction treatment is funded by local states and different federal governments. Moreover, several private health plans provides coverage for the treatment of addiction and its consequences.

Nicotine Replacement Products to Offer Lucrative Opportunities

In terms of drug type, the global addiction treatment market has been segmented into bupropion, varenicline, acamprosate, disulfiram, naltrexone, methadone, buprenorphine, nicotine replacement products, and others. The nicotine replacement products segment held a major market share in 2019. Rise in number of smokers, especially in the U.S., has increased concerns about health risks for both smokers and passive smokers. This drives the nicotine replacement products segment of the global addiction treatment market.

High Preference for Outpatient Treatment Centers

In terms of treatment centers, the global addiction treatment market has been categorized into outpatient treatment centers, residential treatment centers, and inpatient treatment centers. The outpatient treatment centers segment is anticipated to claim the higher share compared to the other segments and this is due to the high preference of outpatient treatment centers among addiction patients. According to the National Institute on Drug Abuse, treatment outcomes improve with longer periods of care. Hence, patients prefer to visit outpatient treatment centers as they are less expensive, allow patients to attend work, provide increased access to support from friends and family members, and offer flexible timing option for treatment. Hence, the market share of the outpatient treatment centers segment is predominant over other segments and is expected to grow during the forecast period.

North America to Dominate Global Market

In terms of region, the global addiction treatment market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global addiction treatment market in 2019, followed by Europe. North America accounted for a major share of the global addiction treatment market in 2019. Increased consumption of illicit drugs and penetration of insurance plans for costly diagnosis tests, make it one of the largest markets in terms of revenue. According to the National Survey on Drug Use and Health, an estimated 741,000 adolescents suffered from an illicit drug use disorder in 2017.

Leading players operating in the global drugs of abuse testing market include 

  • Alkermes plc
  • Cipla Ltd.
  • GlaxoSmithKline plc
  • Pfizer, Inc.
  • Mallinckrodt
  • Hikma Pharmaceuticals PLC
  • Orexo AB
  • Titan Pharmaceuticals, Inc.
  • Teva Pharmaceutical Industries Ltd,
  • Indivor Plc

Market Segmentation

By Treatment

    • Alcohol Addiction Treatment
    • Tobacco/Nicotine Addiction Treatment
    • Opioid Addiction Treatment
    • Other Substances Addiction Treatment

By Drug Type

    • Bupropion
    • Varenicline
    • Acamprosate
    • Disulfiram
    • Naltrexone
    • Methadone
    • Buprenorphone
    • Nicotine Replacement Products
    • Others

By Treatment Center

    • Outpatients Treatment Centers
    • Residential Treatment Centers
    • Inpatients Treatment Centers

By Distribution Channel

    • Hospital Pharmacies
    • Medical Stores
    • Others

By Region

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific          
      • China
      • India
      • Japan
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa

The Addiction treatment market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Addiction treatment market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Addiction treatment market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Addiction treatment market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Addiction treatment market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Addiction treatment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Addiction treatment by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Addiction treatment market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Addiction treatment market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Addiction treatment market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Addiction treatment industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Addiction treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Addiction treatment market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Addiction treatment market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Addiction treatment market. These factors have benefited the growth of the global market for Addiction treatment. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Addiction treatment. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Addiction treatment are as follows:

  • History Year: 2016-2019
  • Base Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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