DRUG ADDICTION TREATMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Key Developments

• On February 1, 2024, Dr. Rahul Gupta, Director of the White House Office of National Drug Control Policy, commended the U.S. Department of Health and Human Services (HHS) for implementing significant measures to enhance access to addiction treatment and save lives
• In December 2023, Abhasa, a luxury rehabilitation center in Coimbatore, India called for more drug addiction treatment facilities in India to address the escalating drug abuse crisis. Despite 364 government-owned de-addiction centers, there is a significant need for specialized professionals like psychiatrists, psychologists, and counselors. Abhasa has treated over 1,500 patients across its three centers, addressing issues such as substance addiction, depression, and behavioral disorders.
• On January 4, 2023, the U.S. Department of Health and Human Services' (HHS) Substance Abuse and Mental Health Services Administration (SAMHSA) released the 2021 National Survey on Drug Use and Health (NSDUH) results. This comprehensive report provides insights into Americans' experiences with mental health conditions, substance use, and treatment pursuits including detailed estimates by race, ethnicity, and age group.
• In 2022, Pfizer Inc., a global pharmaceutical company, established a strategic partnership with Alex Therapeutics, a digital therapeutics company, to deliver personalized treatments for nicotine addiction through digital therapeutics. This collaboration leverages Alex Therapeutics' AI-powered platform to provide Cognitive Behavioral Therapy (CBT) and Acceptance and Commitment Therapy (ACT) to patients.