Report Code: A08410 | Pages: NA | Mar 2023 | 1253 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Addiction Treatment Market
Request Now !When a person is addicted to a drug and if the person fails to control the urge, they are given addiction control treatment. This condition is concerned with illegal drugs, nicotine, painkillers, and alcohol. Usage of drugs regularly affects the ability of the brain to function, which leads to failure in controlling the urge to take the drug. This change in the functioning of the brain occurs over some time. Along with the brain functionality, drug addiction also affects impairments in health, social function, and voluntary control over substance use. It results in losing control over themselves, which further leads to damaging behaviors. Opioid painkillers have a high risk and can result in swift addiction in comparison to other types of drugs. Addiction to drugs range in duration, severity, and complexity from mild to severe.Â
COVID-19 scenario analysis:
Various awareness initiatives are introduced and run by governments and manufacturers; growing abuse of prescription drugs; beneficial reimbursements for smoking termination therapy; various drug store owners also sharing adverse effects of drug abuse, and the importance of addiction treatment are the major factors influencing the addiction treatment market. Additionally, awareness is been spread through television advertisements, newspapers, information brochures, and other media that have proved beneficial for the market growth. However, unwillingness of people in getting access to treatment procedure and the discontinuation of behavioral therapies leading to relapse are the factors that restrain the growth of this market. Improper treatment compliance in some countries also negatively affects the growth of the substance abuse treatment market globally.
On March 8th, 2016, GlaxoSmithKline and 2morrow Inc. entered into a partnership and developed the SmartQuit app, which supplies patches to smokers having the app plan. On January 4th, 2016, Acadia Healthcare acquired Priory Group, a leading provider of behavioral care services in the UK.
A significant rise in awareness of the adverse impact of using drugs and associated faster detection of the condition lower the number of individuals with serious conditions requiring hospitalization. Rehabilitation treatment centers are rising and increasing the consumption of addiction treatment plants. The major reason is the identification of the condition in the initial stage, which is expected to increase the demand for elementary line of treatment that are available in residential treatment centers.
Many treatment centers that have agreements with private recovery facilities have entered the market, thus helping in the expansion of treatment access to a higher number of people in the society.
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Questions answered in the addiction treatment market research report:
Addiction Treatment Market: Global Opportunity Analysis and Industry Forecast 2020–2027 Report Highlights
Aspects | Details |
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By Treatment Type |
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By Drug Type |
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By Treatment Center |
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By Distribution Channel |
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By Region |
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Key Market Players | Alkermes plc, Allergan plc, Cipla Ltd., GlaxoSmithKline plc, Pfizer, Inc., Purdue Pharma L.P, Mallinckrodt, Hikma Pharmaceuticals PLC, Orexo AB, Reckitt Benckiser |
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