Alcohol Use Disorder Industry Forecast to Reach $1.88 Billion by 2030 - Telemedicine and Mobile Applications Present Lucrative Business Opportunities [Yahoo! Finance]
Addex Therapeutics Ltd - American Depositary Shares (ADXN)
Company Research
Source: Yahoo! Finance
Type, Distribution Channel - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Alcohol Use Disorder Market grew from USD 1.21 billion in 2023 to USD 1.28 billion in 2024. It is expected to continue growing at a CAGR of 6.50%, reaching USD 1.88 billion by 2030. Key factors influencing growth in the AUD market include increasing alcohol consumption, rising incidences of alcohol-related disorders, and advancements in treatment technologies. Additionally, there is an uptick in government initiatives supporting mental health care and substance abuse treatment, further propelling market growth. However, challenges such as social stigma, limited access to treatment in certain regions, and high costs can hamper market expansion. Moreover, regulatory hurdles and the underreporting of cases pose additional barriers. A promising area for innovation lies in digital health solutions, such as telemedicine and mobile applications, offering personalize
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ADXN
Sec Filings
- 11/12/24 - Form 6-K
- 9/30/24 - Form 6-K
- 9/19/24 - Form 6-K
- ADXN's page on the SEC website