GLOBAL SUBSTANCE ABUSE TREATMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Substance Abuse Treatment Market, By Type (Alcohol, Opioids, Tobacco/nicotine, Cocaine, Marijuana, Methamphetamines, Other illicit drugs), By Treatment Type (Opioid, Nicotine, Alcohol, Tobacco ,Others), By Age Group (Adolescents, Adults, Geriatric), By Treatment Setting (Outpatient Treatment, Inpatient Treatment Residential Treatment Facilities, Detoxification Centers), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global Substance Abuse Treatment Market- Recent Developments

Acquisition and Partnership

On November 29, 2023, World Health Organization (WHO) designates a new Collaborating Centre on Substance Use, Noncommunicable Disease and Policy Impact which will focus on reducing substance use as a means of reducing the burden imposed by noncommunicable diseases (NCDs).
On May 23, 2023, Camurus announced that the US Food and Drug Administration (FDA) has approved Brixadi (buprenorphine) extended release injection for subcutaneous (SC) use, a weekly and monthly medication for the treatment of moderate to severe opioid use disorder (OUD), in patients who have initiated treatment with a single dose of a transmucosal buprenorphine product or who are already being treated with a daily buprenorphine product.
On January 4, 2023, Tempero Bio, a clinical-stage biopharmaceutical company received approval from the U.S. FDA for its investigational new drug (IND) application for TMP-301, a lead candidate that is used for indication of treatment of cocaine use disorder.
In January 2022, Pfizer Inc., one of the global pharmaceutical company, entered into a strategic partnership with Alex Therapeutics, a company providing digital health solutions. This collaboration is set to leverage Alex Therapeutics' AI-driven digital platform which integrates techniques from cognitive behavioral therapy (CBT) and acceptance and commitment therapy (ACT), to aid those battling nicotine addiction.

Global Substance Abuse Treatment Market Report Snapshots