The latest report published by IMARC Group, titled “Substance Use Disorder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2023”, offers a comprehensive analysis of the industry, which comprises insights on the substance use disorder market. the 7 major substance use disorder markets are expected to exhibit a CAGR of 3.78% during 2023-2033. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Industry Definition and Application:
Substance use disorder (SUD) refers to a chronic, recurring medical issue characterized by the uncontrollable use of drugs or alcohol. This disorder can significantly affect a person’s physical and mental well-being, personal relationships, professional life, and overall lifestyle quality. SUD may arise from casual drug use or extended intake of prescription drugs such as pain relievers. The manifestation of symptoms varies, influenced by the substance involved, usage frequency and quantity, and personal and medical history. Common SUD symptoms are intense cravings for substances, continuous use despite harmful repercussions, and withdrawal symptoms, including restlessness, insomnia, physical discomforts like nausea, and profuse sweating. Additional signs encompass social, legal, and financial difficulties and strained familial and social relationships. The diagnosis process for SUD typically necessitates an exhaustive evaluation by a medical expert, incorporating medical history, a physical checkup, and behavioral analysis.
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What are the growth prospects and trends in the industry?
The surge in both prescription and illegal drug use, combined with growing tobacco and alcohol consumption, is the main force behind the expansion of the substance use disorder market. The rise of outpatient rehab programs, which enable patients to receive regular treatment at home, also positively influences the market. To destigmatize SUD and promote treatment, various worldwide governmental bodies are raising awareness that SUD is a treatable medical condition.
The market is further boosted by the introduction of private insurance for SUD treatment, which makes access and affordability easier. There’s an increasing utilization of holistic therapies, such as yoga, meditation, and acupuncture, in conjunction with traditional treatments to tackle the physical, emotional, and spiritual dimensions of substance abuse. Additionally, behavioral therapies like cognitive-behavioral therapy and motivational interviewing, which address harmful thought patterns and behaviors, are expected to fuel the substance use disorder market growth in the coming years.
Countries Covered:
- United States
- Germany
- France
- United Kingdom
- Italy
- Spain
- Japan
Analysis Covered Across Each Country
- Historical, current, and future epidemiology scenario
- Historical, current, and future performance of the substance use disorder market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the substance use disorder market
- Reimbursement scenario in the market
- In-market and pipeline drugs
This report also provides a detailed analysis of the current substance use disorder marketed drugs and late-stage pipeline drugs.
In-Market Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
- Drug overview
- Mechanism of action
- Regulatory status
- Clinical trial results
- Drug uptake and market performance
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=6917&flag=C
Competitive Landscape With Key Players:
The competitive landscape of the substance use disorder market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2033)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
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City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com/
Article source: https://article-realm.com/article/Health-Fitness/49602-2023-Substance-Use-Disorder-Market-Report-By-2033.html
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