Cocaine Use Disorder Market to Exceed $2 Billion by 2030: Global Trends, Analysis, Forecasts and Key Player Profiles by Treatment Approach, Drug, Treatment Setting and Region

Dublin, June 21, 2024 (GLOBE NEWSWIRE) — The “Global Cocaine Use Disorder Market by Treatment Approach (Behavioral Therapy, Cognitive Behavioral Therapy, Contingency Management), Medication (Anticonvulsants, Antidepressants, Antipsychotics), and Treatment Setting – Forecast 2024-2030” report has been published. ResearchAndMarkets.com Recruitment.

The cocaine use disorder market is estimated to be worth US$ 1.32 billion in 2023, US$ 1.39 billion in 2024, and is expected to grow at a CAGR of 6.21% to reach US$ 2.01 billion by 2030.

The growing awareness and societal acceptance of addiction issues has created a need for treatment for cocaine use disorder. Government and private funding for addiction treatment programs influences the market size. Advancements in treatment methods and the prevalence of cocaine use across the globe have also led to an increase in the adoption of cocaine use disorder treatment.

However, the limited number of specialized healthcare providers and the social stigma associated with drug addiction may restrict the adoption of treatment options. Regulatory hurdles and varying efficacy of treatment across populations also pose major challenges to the growth of the market.

Moreover, personalized medicine approaches that utilize genetic and psychosocial markers to customize treatment create significant growth potential. The application of artificial intelligence and machine learning to predict treatment outcomes and enhance patient engagement through digital platforms also creates significant opportunities for market expansion.

Regional Insights

In the Americas region, cocaine remains a significant public health concern, with significant investment being made in research into new treatments and rehabilitation programs. The demand for effective treatment options highlights the urgent need for consumer support in managing cocaine use disorder in the United States and Canada. Recent patents in the Americas region highlight innovative treatment approaches, including pharmacological interventions and digital health solutions designed to curb addiction.

Cocaine use patterns vary across European Union countries, from high prevalence in nightlife venues to controlled use among the broader population. Significant efforts are being made to harmonize data collection and reporting standards across the EMEA region to better serve consumer needs. In the Middle East and Africa region, efforts to address cocaine use are at an early stage, often integrated into broader drug abuse prevention programs.

In the Asia-Pacific region, major countries such as China, India and Japan have enacted strict drug control policies and invested in public education campaigns to curb drug use. Research into the nature of drug addiction and its treatment is increasing in Asia-Pacific countries, reflecting a growing awareness of the need for evidence-based interventions in the management of cocaine use disorder.

Market Segmentation Analysis

  • Treatment environment: There is growing interest in residential rehabilitation facilities
  • Pharmacotherapy: Need-Based Selection of Psychostimulants in the Treatment of Cocaine Use Disorder

Industry Insights

  • Market turmoil analysis
  • Porter’s Five Forces Analysis
  • Value Chain and Critical Path Analysis
  • Pricing Analysis
  • Technology Analysis
  • Patent Analysis
  • Trade Analysis
  • Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV Positioning Matrix is ‚Äč‚Äčessential in assessing vendors’ market positioning in the cocaine use disorder market. The matrix examines key metrics related to business strategy and product satisfaction to provide a comprehensive assessment of vendors. This detailed assessment allows users to make an informed decision aligned with their requirements. Based on the assessment, vendors are categorized into four distinct quadrants representing different levels of success: Forefront (F), Pathfinder (P), Niche (N), and Vital (V).

Market Share Analysis

Market share analysis is a comprehensive tool that offers an insightful and detailed assessment of the current state of vendors in the Cocaine Use Disorder market. A close comparison and analysis of vendor contributions provides companies with a deeper understanding of their performance and the challenges they face in competing for market share. These contributions include total revenue, customer base, and other key metrics. In addition, the analysis provides valuable insights into the nature of competition in the sector, including factors such as accumulation, fragmentation advantage, and merger characteristics observed during the base year period studied. These detailed descriptions enable vendors to make more informed decisions and devise effective strategies to gain a competitive advantage in the market.

Recent developments

  • Scientists develop cocaine vaccine
  • FDA Approves New Buprenorphine Treatment Option for Opioid Use Disorder

Strategic Analysis and Recommendations

Strategic analysis is essential for any organization looking to gain a strong foothold in the global market. A thorough assessment of their current position in the Cocaine Use Disorder market will enable businesses to make better informed decisions that are aligned with their long-term goals. This critical assessment includes a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Major Company Profiles

This report offers an in-depth study of recent and key developments in the Cocaine Use Disorder market, highlighting key vendors and their innovative profiles, including:

  • Alkermes PLC
  • Alnylam Pharmaceuticals Inc.
  • Camrus AB
  • Indivior PLC
  • Johnson & Johnson Services Co., Ltd.
  • Kenfarm Co., Ltd.
  • Novartis International AG
  • Orexo AB
  • Otsuka Pharmaceutical Co., Ltd.
  • Pfizer Japan Inc
  • Revive Therapeutics, Inc.
  • Sage Therapeutics
  • Shionogi & Co., Ltd.
  • Teva Pharmaceuticals USA, Inc.
  • Beatrice Co., Ltd.

Market segmentation and coverage

This research report segments the Cocaine Use Disorder market and forecasts revenue and analyzes trends for each of the following sub-markets:

Treatment approach

  • Behavioral therapy
  • Cognitive behavioral therapy
  • Contingency Management
  • Drug therapy treatment
  • Increased motivation

Pharmaceuticals

  • Anticonvulsants
  • Antidepressants
  • Antipsychotics
  • Psychostimulants

Treatment Settings

  • Hospital-Based Treatment Programs
  • Inpatient Rehabilitation Center
  • Outpatient Rehabilitation Center
  • Residential rehabilitation facilities

region

  • Americas
  • Asia Pacific
  • Europe, Middle East, and Africa

Major features

Report Attributes detail
number of pages 198
Forecast Period 2024-2030
Estimated market value in 2024 (USD) $1.39 billion
Market value forecast to 2030 (USD) $2.01 billion
Compound Annual Growth Rate 6.2%
Target area global

For more information on this report, please visit: https://www.researchandmarkets.com/r/vsy8g0

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  • Global Cocaine Use Disorder Market


            

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