Global Substance Abuse Treatment Market Size and Trends
Global substance abuse treatment market was valued US$ 11.8 Bn in 2023 and is expected to reach US$ 22.8 Bn by 2031 exhibiting a compound annual growth rate (CAGR) of 8.6% from 2024 to 2031.
Figure 1. Global Substance Abuse Treatment Market Share (%), By Region, 2023
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Global Substance Abuse Treatment Market – Trends
- Focus on opioid dependence treatment: Growing trend of opioid dependence is significantly influencing the global substance abuse treatment market. According to the United Nations Office on Drugs and Crime (UNODC), around 36 million people globally suffer from drug use disorders that are related to opioids. The intake of prescription and non-prescription opioids like oxycodone, hydrocodone, fentanyl, and others has been rising sharply over the years, thus leading to dependence issues. This presents a massive patient pool requiring effective treatment solutions. Pharmacological treatments involving medicines like buprenorphine and methadone for medically assisted therapy are witnessing higher demand. According to World Health Organization (WHO), opioid agonist maintenance therapy should be an integral part of the comprehensive package of services in substance abuse care. The therapy aims to stabilize dependency on opioids and prevent relapse into illicit drug use. As a result, major players in the global substance abuse treatment market are investing significantly in new opioid dependence therapies and novel drug delivery formulations of existing options. For instance, manufacturers are developing extended release injections of buprenorphine to overcome issues of non-adherence to daily oral medications.
Figure 2. Global Substance Abuse Treatment Market Share (%), By Age Group, 2024
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