The Nicotine Addiction Treatment Global Market Report 2023, provides comprehensive information on the nicotine addiction treatment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global nicotine addiction treatment market size is expected to grow from $8.29 billion in 2022 to $9.00 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nicotine addiction treatment market size is expected to grow to $12.24 billion in 2027 at a CAGR of 8.0%.
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Innovative solutions have emerged as a key trend gaining popularity in the nicotine addiction treatment market. Major companies in the nicotine addiction treatment market are focused on launching innovative solutions to sustain their position in the market. For instance, in February 2022, the World Health Organization (WHO), a Switzerland-based specialized agency of the United Nations responsible for international public health, launched the ‘Quit Tobacco App’ to help people quit smoking. It is the first app to specifically target all tobacco products and assists users in quitting by helping them identify triggers, set goals, control cravings, and maintain focus. Innovative methods, like this app, are desperately needed to help people stop using tobacco, which they may be aware is hazardous yet find difficult to stop for a variety of reasons.
The nicotine addiction treatment market is segmented:
1) By Type: Pharmacological, Therapies, Other Types
2) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
3) By End-User: Generation Z, Millennials, Generation X, Silent Generation
North America was the largest region in the nicotine addiction treatment market in 2022.
The table of contents in TBRC’s nicotine addiction treatment market report includes:
1. Executive Summary
2. Nicotine Addiction Treatment Market Characteristics
3. Nicotine Addiction Treatment Market Trends And Strategies
4. Nicotine Addiction Treatment Market – Macro Economic Scenario
5. Nicotine Addiction Treatment Market Size And Growth
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26. Africa Nicotine Addiction Treatment Market
27. Nicotine Addiction Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nicotine Addiction Treatment Market
29. Nicotine Addiction Treatment Market Future Outlook and Potential Analysis
30. Appendix
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