Substance Abuse Treatment Market Soaring: Projected to Reach $22.8 Billion by 2031

The global substance abuse treatment market is experiencing rapid growth, driven by rising addiction rates and increasing acceptance of innovative treatment options. The market is projected to reach $22.8 billion by 2031, with a CAGR of 5.4% from 2023 to 2031. This growth is fueled by factors such as greater social acceptance of substance use, increased availability of illicit drugs, stress, and mental health issues. The market is also benefiting from the adoption of digital therapeutic solutions and the development of new and more effective drugs.

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