Addiction Treatment Market: 2021 Key Players Data, Industry Analysis, Segmentation, Share, Size, Opportunities and Forecast to 2027
Addiction Treatment Market is anticipated to reach US$ 9.56 Bn. by 2029 from US$ 5.99 Bn. in 2021 at a CAGR of 6% during a forecast period.
Addiction Treatment Market Overview:
The research "Addiction Treatment Market" seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the Addiction Treatment Market by Product Type, Application, Key Manufacturers, and Several Key Regions.
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Market Scope:
The research focuses on the Addiction Treatment market’s growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the Addiction Treatment industry to assess the impact of several variables on Addiction Treatment market trends, including supplier bargaining power etc
Segmentation:
By Treatment Type, The rising incidence of cigarette smoking has bolstered the market for tobacco and nicotine addiction therapy. Furthermore, the increased availability of nicotine replacement products and medications to treat tobacco and nicotine addiction would propel market growth. Varenicline, Bupropion, and Nortriptyline are examples of such medications. Tobacco and nicotine addiction therapy is expected to account for more than half of the worldwide addiction treatment market, growing at a CAGR of 6.3 percent.
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Key Players: the key players are
• Pfizer Inc.
• Alkermes Plc.
• GlaxoSmithKline Plc.
• Purdue Pharma LP.
• Allergan
• Mylan Laboratories
• Reckitt Benckiser Pharmaceuticals
• Teva Pharmaceuticals
• Forest Laboratories, Inc.
• Accord Healthcare
• mphastar Pharmaceuticals
• Apotex
• BioCorRx
• Cipla
• Glenmark
• INSYS Therapeutics
• LFB Group
• Lupin
• Opiant Technologies
• Sanofi Aventis
• Sanquin
• Sterinova
• Sun Pharmaceuticals
Regional Analysis:
The report has assessed the Addiction Treatment market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on Addiction Treatment Market:
The global repercussions of the coronavirus disease 2019 (COVID-19) are already being seen, and they will have a significant impact on the Addiction Treatment market in 2021. The COVID-19 outbreak has had a wide-ranging impact, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on all indoor/outdoor events; the declaration of a state of emergency in over thirty countries; a massive slowdown in the supply chain; the stock market; falling businesses, growing panic among the people, and uncertainty about the future.
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Key Questions answered in the Addiction Treatment Market Report are:
- Which key trends are likely to emerge in the Addiction Treatment market in the forecast period?
- What will be the Addiction Treatment market size by 2027?
- Which company had the biggest share in the Addiction Treatment market in 2020?
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