Drug Addiction Treatment Market Latest Technology and forecasts to 2027

1. Drug Addiction Treatment Market To Reach USD 31.17 Billion By 2027

2. Market Summary Legalization of marijuana in certain states for medical use, technological developments in the diagnostic industry, and government initiatives and rise in awareness about drug addiction have resulted in boosting the Drug Addiction Treatment market. Market Size – USD 16.47 Billion in 2018, Market Growth - CAGR of 7.0%, Market Trends –The rising demand for drug addiction treatment for marijuana addicts The global drug addiction treatment market is forecast to reach USD 31.17 Billion by 2027, according to a new report by Reports and Data. Drug addiction can be defined as the condition that affects the behavior and brain of an individual. When an individual is addicted to a drug, he/she fails in controlling the urge to use it, in spite of knowing the harm related to the use of those drugs. Further key findings from the report suggest : • The Drug Addiction Treatment market held a market share of USD 16.47 Billion in the year 2018 that is forecasted to grow at a rate of 7.0% during the forecast period. • In context to Drug Type, the Marijuana segment is projected to witness the fastest growth rate of 7.8% during the forecast period, which is expected to hold, 14.9% of the market by 2027.  • In context to Treatment, the Detoxification segment held the largest market share of 49.0% in 2018, with a growth rate of 6.4% during the forecast period. www.reportsanddata.com

3. Key Players: • Pfizer, Indivior, Novartis, Alkermes, Cipla, Mylan, Dr. Reddy's Laboratorie, Glenmark, PLIVA (Odyssey), and Teva Pharmaceutical. • Segmentation: • Drug Type Outlook (Revenue, USD Billion; 2016-2027) • Tobacco/Nicotine and Vaping • Alcohol • Marijuana • Synthetic Cannabinoids • Prescription and Over-the-Counter Medications • Treatment Outlook (Revenue, USD Billion; 2016-2027) • Detoxification • Counseling and behavioral therapies • Rehabilitation programs • Self-help groups • End-user Outlook (Revenue, USD Billion; 2016-2027) • Hospital and Clinics • Residential treatment centers (non-hospital) www.reportsanddata.com

4. Regional Drug Addiction Treatment Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com