Substance abuse is a compulsive, excessive, and self-harmful habit that results in addiction, dependence, severe physiological injury, psychological harm, or death. The market is largely driven by the increasing awareness among the patients, higher rates of seeking treatment, and enhanced government intervention, support, and guidance to curb substance abuse.
For study purposes, the global market for the treatment of substance abuse is segmented on the basis of treatment, which includes alcohol addiction, nicotine addiction, and drug abuse. It is observed that the nicotine addiction treatment segment holds the largest market share on account of a high number of tobacco-dependent population, increasing number of approved drugs, and surging use of nicotine with other stimulants. Substance abuse, tobacco, alcohol, and drug addiction are on the rise globally, especially in developing countries, such as China and India. Nearly 6 million people across the globe succumb to tobacco addiction each year, and the number is projected to double during the forecast period.
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Impact of COVID 19
Substance abuse is a significant public health problem that continues to impact millions of people across the globe. Moreover, social and economic changes occasioned by the pandemic, along with the traditional difficulties with access and adherence to treatment will certainly worsen, further aggravating their condition. The people that smoke tobacco or marijuana are highly susceptible to the virus. Similarly, people with opioid addiction disorder and methamphetamine use disorder can also be vulnerable due to the effects on the respiratory and pulmonary health of the drugs.
Substance Abuse Treatment Market: Segmentation
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now