Global Alcohol Addiction Therapeutics Market: Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Alcohol Addiction Therapeutics Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global alcohol addiction therapeutics market report has been segmented on the basis of product type, application, and region.
Global Alcohol Addiction Market: Overview
Alcohol addiction therapeutics are used to treat the cognitive and psychological aspects of alcohol addiction. Alcohol addiction therapeutics offers various treatments such as homeopathic, meditation, medical, and rehabilitation center. Alcohol addiction therapies depend on the current health condition of patient and their issues.
Global Alcohol Addiction Therapeutics Market: Dynamics
Growing awareness about drawbacks of addiction to drinking alcohol such as high blood pressure may damage heart muscle, stroke, brain damage, alcohol withdrawal syndrome, and liver disease is a major factor expected to drive growth of the global alcohol addiction therapeutics market over the forecast period. In addition, strict government regulation regarding consumption of alcohol is another key factor expected to fuel growth of the global alcohol addiction therapeutics market.
In addition, alcohol addiction therapeutics offers various advantage especially for the poor population such as free of cost treatment in some of the rehabilitation center and online support for alcohol treatment. This is another factor expected to drive the global market growth over the forecast period.
Increasing awareness regarding various health benefits such as protection from liver damage and non-brain damage is another key factor projected to boost growth of the global market. In addition, increasing pollution level and the trend towards drinking alcohol among youth population across the globe are factors expected to drive growth of the alcohol addiction therapeutic market.
Furthermore, increasing criminal cases such as drink and drive and physical or mental harassment across the globe are factor anticipated to boost demand for these treatments, which in turn expected to drive the global market growth.
However, presence of uncertified medical center in the market is a major factor expected to hamper growth of the global alcohol addiction therapeutics market. In addition, increasing among individual’s addiction problems are different is another factor expected to hamper growth of the global alcohol addiction therapeutics market to a certain extent.
Global Alcohol Addiction Therapeutics Market: Segment Analysis
Among the product type segments, the CM-1212 segment is expected to account for the highest revenue share in the global alcohol addiction therapeutics products market. Among the application segments, the hospital segment is expected to account for the highest revenue share in the global alcohol addiction therapeutics market.
Global Alcohol Addiction Therapeutics Market: Region Analysis
The market in North America is expected to account for the highest revenue share in the global market followed by market in Europe, owing to increasing concern towards a healthy lifestyle in countries in the region.
Market in Asia Pacific is anticipated to register moderate growth in the global market, owing to increasing awareness regarding drawbacks of addiction of alcohol in countries such as China, India, and Japan in the region.
Markets in Middle East & Africa and Latin America, are expected to witness inclining growth in terms of revenue, owing to less population and awareness about alcohol addiction in countries in these regions.
Global Alcohol Addiction Therapeutics Market Segmentation:
Segmentation by Product Type:
Segmentation by Application:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- Cipla Ltd.
- Allergan plc
- AstraZeneca Plc
- Pfizer Inc.
- GlaxoSmithKiline plc
- Purdue Pharma L.P
- Chronos Therapeutics Ltd.
- Kinnov Therapeutics SAS
- Bionex Pharmaceuticals LLC
- Curemark LLC
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