The U.S. substance use disorder treatment market size was valued at USD 35.14 billion in 2021 and USD 37.24 billion in 2022. The market is expected to reach USD 60.18 billion by 2029 with a CAGR of 7.1% during the forecast period. Substance abuse refers to the condition where uncontrolled use of substances leads to addiction.
The U.S. Substance Use Disorder Treatment Market refers to the market for services and therapies aimed at treating individuals with substance use disorders (SUDs). Substance use disorders involve the misuse or addiction to substances such as alcohol, opioids, stimulants, or other drugs, leading to significant physical, mental, and social health problems.
The market encompasses a range of treatment modalities and approaches, including inpatient and outpatient rehabilitation programs, medication-assisted treatments, counseling and behavioral therapies, support groups, and other specialized interventions. These treatments aim to help individuals overcome their addiction, manage withdrawal symptoms, address underlying psychological issues, and develop strategies for long-term recovery and relapse prevention.
Decreasing Patients in Drug Rehabilitation Centers Declined Market Growth
The emergence of COVID-19 impeded the demand for substance use disorder treatment due to decreasing patients in drug rehabilitation centers. Restrictions on movement, decline in the number of patient visits, and other major parameters impacted the revenues of these service providers in the market. Market players also witnessed decline; Hazelden Betty Ford Foundation generated a revenue of USD 186.3 million in r 2020 and had a decline of 6.1% as compared to USD 198.5 million in 2019.
Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
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