According to the latest market report published by Credence Research, Inc. “Substance Abuse Treatment Market– Growth, Future Prospects and Competitive Analysis, 2017 – 2025” the global Substance abuse treatmentmarket was valued at US$ 13,217.9Mn in 2016, and is expected to reach US$27,910.0Mn by 2025, expanding at a CAGR of 8.6% from 2017 to 2025.
The purpose of the report is to illustrate the state of the market of Substance Abuse Treatment, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Substance abuse is a compulsive, excessive, and self-damaging use of habit forming drugs or substances; leading to addiction, dependence, serious physiological injury, psychological harm or death. Factors such as growing patient awareness, higher treatment seeking rate, increased government intervention and encouragement to curb substance abuse in all countries are driving the growth of substance abuse treatment market globally. For the purpose of study, global substance abuse treatment market is segmented on the basis of treatment such as alcohol addiction treatment, nicotine addiction treatment and drug abuse treatment. It is observed that, in the base year 2016, nicotine addiction treatment market held largest market share because higher number of tobacco addicted population, rising number of approved medication and increased use of nicotine with other stimulants are influencing the growth of nicotine addiction treatment market globally. Substance abuse treatment market is currently dominated by North America due to factors such as higher cost of therapy, better reimbursement policies and higher number of addicted population are fueling the market growth in North America. However, it is anticipated that Asia pacific would grow at highest CAGR due to factors such as developing treatment awareness, developing economic condition and rising treatment awareness are expected to drive the market growth in Asia Pacific during forecast period 2017-2025.
Market Competition Assessment:
The substance abuse treatmentmarket is observed to be highly competitive and comprises large number of players.However, the market is currently dominated by few players such asAlkermes Plc., Allergan, Inc., GlaxoSmithKline Plc., Mylan Laboratories, Pfizer Inc., Purdue Pharma LP, Reckitt Benckiser Pharmaceuticals, Teva Pharmaceuticalsand other.
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1 Global Substance Abuse Treatment Market Snapshot
2.2 Global Substance Abuse Treatment Market, by Treatment, 2016 (US$ Bn)
2.3 Global Substance Abuse Treatment Market Share, by Geography, 2016 (Value )
Chapter 3 Substance Abuse Treatment Market Analysis
3.1 Global Substance Abuse Treatment Market Overview
3.2 Market Dynamics
3.2.1 Market Drivers
22.214.171.124 Higher Number Of Addicted Population
126.96.36.199 Poor Patient Compliance In Some Region
188.8.131.52 Increasing Treatment Awareness
3.3 Attractive Investment Proposition
3.4 Competitive Landscape of Key Players in Substance Abuse Treatment Market
Chapter 4 Global Substance Abuse Treatment Market, by Treatment
4.2 Alcohol Addiction Treatment
4.3Nicotine Addiction Treatment
4.4 Drug Abuse Treatment
Chapter 5 Global Substance Abuse Treatment Market, By Geography
5.2 North America (U.S. & Canada)
5.3 Europe (U.K., Germany & Rest of Europe)
5.4 Asia Pacific (China, Japan and Rest of APAC)
5.5 Latin America
5.6 Middle East and Africa
Chapter 6 Company Profiles
6.1 Alkermes Plc.
6.3 Forest Laboratories, Inc.
6.4 GlaxoSmithKline Plc.
6.5 Mylan Laboratories
6.6 Pfizer Inc.
6.7 Purdue Pharma LP
6.8 Reckitt Benckiser Pharmaceuticals
6.9 Teva Pharmaceuticals
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Substance Abuse Treatment buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Substance Abuse Treatment contains:
Analysis and forecast of Substance Abuse Treatment market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Substance Abuse Treatment market;
Assessment and forecast of Substance Abuse Treatment market development;
Financial and business profiles of the leading companies in the Substance Abuse Treatment industry.
– Up to date working Substance Abuse Treatment data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Substance Abuse Treatment for the period 2018 to 2026
– Planned Substance Abuse Treatment additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Substance Abuse Treatment projects by region, key countries, and companies
– Details of major planned Substance Abuse Treatment projects in the world up to 2026
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