Alcohol Use Disorder Treatment Market Trends

Growth Drivers

• Advancement in Treatment- Ongoing research and development efforts have led to the introduction of more efficient and diverse treatment options, including medications, behavioral therapies, and digital health solutions. As per recent estimates, about 2 million cognitive behavioural therapy (CBT) appointments were registered in 2021.
• Government Initiatives & Policies – Supportive government initiatives, policies, and healthcare reforms aimed at addressing substance abuse contribute to the growth by facilitating access to treatment and reducing stigma.
• Rising Healthcare Expenditure- Increasing healthcare expenditure, coupled with greater insurance coverage and medical network solutions for mental health and addiction treatment, allows more individuals to afford and access these services. In 2021, there was a recovery, with an average 5.8% increase in per capita GDP. As more money was granted by the governments, real per capita health spending increased from a little over 4% in 2020 to 8% in 2021.

Challenges

• Limited Treatment Options- While advancements are being made, the range of effective treatments for alcohol use disorder is still somewhat limited. Personalized and targeted interventions are necessary but not always readily available.
• High treatment costs and inadequate insurance coverage can hamper the alcohol use disorder treatment market growth.
• Shortage of healthcare professionals specializing in addiction treatment can be challenging got the industry.