U.S. Substance Use Disorder Treatment Market 2023-2030
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. Rising number of patients seeking assistance for disorder treatment is set to propel market growth. Fortune Business Insights™ shares this information in its report titled “U.S. Substance Use Disorder Treatment Market, 2022-2029.”
COVID-19 Impact:
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.
List of Key Players Profiled in the Report
- Hazelden Betty
Ford Foundation (U.S.)
- JourneyPure
(Regard Recovery) (U.S.)
- Workit Health
(U.S.)
- Pyramid
Healthcare Inc. (U.S.)
- American
Treatment Network (U.S.)
- Banyan Treatment
Centers (U.S.)
- Asana Recovery
(U.S.)
- Acadia
Healthcare (U.S.)
- Promises
Behavioral Health (U.S.)
About Us:
Fortune Business
Insights™ delivers
accurate data and innovative corporate analysis, helping organizations of all
sizes make appropriate decisions. We tailor novel solutions for our clients,
assisting them in addressing various challenges distinct to their businesses.
Our aim is to empower them with holistic market intelligence, providing a
granular overview of the market they are operating in.
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