Substance Abuse Treatment Market to Reach $228 Billion by 2031
Global Market Expected to Grow Significantly
Addiction Treatment Market Projected to Reach $1395 Billion
The global substance abuse treatment market is projected to reach US$228 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 7.9% from 2023 to 2031. The market was valued at US$118 billion in 2023.
Similarly, the global addiction treatment market is estimated to reach US$1395 billion by 2031, with a CAGR of 4.8% from 2024 to 2031.
These market trends are driven by factors such as the rising prevalence of substance abuse disorders worldwide, the emergence of new and effective treatment methods, and increased government and non-profit investments in addiction treatment programs.
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