Middle East and Africa Addictions Therapeutics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Treatment Type ; Drug Type ; Treatment Center ; Distribution Channel and Country

December 2020 •
87 pages •
Report ID: 6004177 •
Format: PDF

Summary
Table of contents
Search Inside

The Middle East and Africa addictions therapeutics market is expected to reach US$ 223.05 million by 2027 from US$ 172.05 million in 2019. The market is estimated to grow with a CAGR of 3.4% from 2020-2027.
The growth of the market is attributed to the rising approval of new drugs and launch of digital therapeutics to treat addiction, and increasing conduction of various awareness campaigns and government efforts to counteract drug abuse and promote medication. However, the high cost associated with drug development hinders the growth of the addiction therapeutics market.
Drug addiction, also referred to as substance disorder, is a type of disease that hampers an individual’s brain, behavior, and metabolic processes leading to an inability to control.Nonmedical use and abuse of prescription drugs are becoming severe issues worldwide.

Addiction to abusive substances is responsible for the death of millions of people across the world.As per Addcounsel estimates published on July 26, 2019, there are ~500,000 drug users in the Middle East and Africa owing to its larger population.

The Addiction Centre report also stated that the number of people undertaking treatments for these addictions has increased in the recent years.Thus, the rising awareness among people about drug addiction treatment is likely to support the growth of the Middle East and Africa addiction therapeutics market in the coming years.

Similarly, awareness campaigns and government efforts to counteract drug abuse and promote medication for all sorts of addiction treatments would fuel the market growth during the forecast period.
The COVID-19 pandemic is hindering the Middle East and Africa addictions therapeutics market.Due to the outbreak of disease, healthcare industries have been affected severely, considering the economic conditions in the current situation.

Moreover, the traditional difficulties regarding treatment access and adherence for the population suffering from addictions will worsen during the pandemic, therefore aggravating their condition.
Based on treatment type, the Europe addictions therapeutics market is segmented into nicotine addiction treatment, alcohol addiction treatment, opioid addiction treatment, and other substance addiction treatment. The nicotine addiction treatment segment held the largest share of the market in 2019 and is estimated to register the highest CAGR in the market during the forecast period.
The Europe addictions therapeutics market, by drug type, is segmented into varenicline, bupropion, nicotine replacement products, buprenorphine, naltrexone, disulfiram, and others.The varenicline segment held the largest market share in 2019.

However, the nicotine replacement products segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on treatment center, the Europe addictions therapeutics market is segmented into outpatient treatment center, residential treatment center, and inpatient treatment center. In 2019, the outpatient treatment center segment held the largest share of the market and is estimated to register the highest CAGR in the market during the forecast period.
By distribution channel, the Europe addictions therapeutics market is segmented into hospital pharmacies, medical stores, and others.The hospital pharmacies segment held the largest share of the market in 2019.

However, the medical stores segment is estimated to register the highest CAGR in the market during the forecast period.
A few of the major primary and secondary sources referred to while preparing this report on the Europe addictions therapeutics market are Federation of African Pharmaceutical Manufacturers’ Associations (FAPMA); Centers for Disease Control and Prevention (CDC); South African National Council on Alcoholism and Drug Dependence (SANCA).

Ahmad helps you find the right report:

+1 718 618 4302
Contact by email

FAQ

Testimonials

The market research advisor answered my questions quickly and professionally. ReportBuyer's team did their best to ensure that I felt comfortable before making the investment to purchase the report.

Cristian Nunez

Director of Corporate Development Chugach Alaska Corporation

My overall experience with ReportBuyer today has been very positive, and I must thank you for your patience (...). Also, the sample you sent me and the explanations provided were very helpful.

D. Lescuyer

Executive Vice President Oral Business at Skyepharma

The research specialist was very helpful, and proposed the best content for my needs. ReportBuyer also offered a great follow-up, thanks for everything !

P. Thompson

EMEA Managing Director

We were satisfied with the support that ReportBuyer's team provided. Thanks to their recommendations, the report we purchased provided exactly what we want.

Y. Wang

Business Analyst

We didn't have time to do the research internally, and thanks to ReportBuyer's team we were able to find the appropriate data.

S. Chen

Research Coordinator

I was impressed by the customer service: it was fast, responsive, and 100% professional !

D. Krivan

Market Research Analyst

The research specialist provided prompt and helpful service. He also followed up to ensure I had all the information to deliver my business development plan.

C. Adams

Senior Business Development Manager