Alcohol Addiction Therapeutics Market Demonstrates A Spectacular Growth By 2024-2030
The alcohol addiction therapeutics market focuses on the development and commercialization of treatments designed to help individuals overcome alcohol use disorder (AUD). This market includes a range of products, from pharmaceuticals to behavioral therapies, and is influenced by various factors such as rising awareness, increasing prevalence of AUD, advancements in medical research, and regulatory policies.
Some of the key players profiled in the study are AstraZeneca Plc (United Kingdom), BioCorRx Inc (United States), Bionex Pharmaceuticals LLC (United States), Cerecor Inc (United States), Chronos Therapeutics Ltd (United Kingdom), Corcept Therapeutics Inc (United States), Curemark LLC (United States), Eli Lilly and Company (United States), Ethypharm SA (France), H. Lundbeck A/S (Denmark), Heptares Therapeutics Ltd (United Kingdom), Indivior Plc (United Kingdom), Kinnov Therapeutics SAS (France), Kyorin Pharmaceutical Co Ltd (Japan), Lohocla Research Corp (United States), Montisera Ltd (United Kingdom), Omeros Corp (United States), Opiant Pharmaceuticals Inc (United States), Others.
According to HTF Market Intelligence, the Global Alcohol Addiction Therapeutics market to witness a CAGR of 6.4% during forecast period of 2024-2030. Global Alcohol Addiction Therapeutics Market Breakdown by Type (CM-1212, CTDP-002, A-705253, ABT-436, ADX-71441, Others) by Therapy Type (Pharmacotherapy, Behavioral Therapy, Combination Therapy) by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Rehabilitation Centers) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Market Trends:
- Growing adoption of MAT, which combines medications with counseling and behavioral therapies .
Market Drivers:
- Increasing rates of AUD globally drive the demand for effective treatment options .
Market Opportunities:
- Leveraging telemedicine to provide remote counseling and support, increasing access to treatment.
Market Challenges:
- Potential side effects and safety concerns associated with some addiction medications.
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