Exploring Key Insights of the Cannabis Use Disorder Market: Growth Prospects, Emerging Trends, and Opportunities
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How Rapidly is the Cannabis Use Disorder Market Expected to Expand Between 2025 and 2034 Based on Current Trends?
The market for cannabis use disorder has seen significant growth in the past few years. The market size is predicted to expand from $1.53 billion in 2024 to $1.66 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%. Factors contributing to this growth during the historic period include the decriminalization and legalization of cannabis, heightened public consciousness about mental health and addiction, expansion of cannabis research and clinical studies, advancements in addiction therapy and behavioral treatment, as well as the rise of digital health platforms offering accessible treatment options.
Robust expansion is anticipated in the cannabis use disorder market in the forthcoming years. Its value is projected to reach $2.22 billion by 2029, with a compound annual growth rate (CAGR) of 7.5%. The acceleration in market growth during the forecast period is ascribed to the broader legalization and regulation of cannabis, heightened mental health consciousness and integrated healthcare models, advancements in drug treatments and their approval by FDA, the emergence of digital therapeutics and telehealth facilities, along with an upsurge in investment dedicated to research and treatments grounded in evidence. Factors trending during this same period will include interventions centred around digital and mobile health, novel studies advocating for psilocybin-assisted therapy, enrichments in treatment alternatives, the embrace of personalized medicine, and progress in biotechnology.
What Combination of Drivers Is Leading to Accelerated Growth in the Cannabis Use Disorder Market?
The surge in recognition and identification of cannabis addiction is anticipated to accelerate the expansion of the cannabis use disorder market. This involves enlightening the general public, healthcare workers, and individuals about the indications, symptoms, and dangers of cannabis use disorder (CUD). The rise in recognition and identification of cannabis addiction is attributed to several elements such as heightened legalization and accessibility of cannabis, and increased scientific and medical acknowledgment. The treatment for cannabis use disorder provides a structured tactic to manage withdrawal symptoms, decrease cravings, and address the underlying psychological factors. It offers clinical proof of dependency patterns, which underscores the severity of the disorder and guides the right level of intervention as per the individual’s specific requirements. For instance, figures from the Office for Health Improvement and Disparities, a UK-based government department, showed in December 2023 that there was a 2% increase in people seeking treatment for cannabis-related problems compared to the previous year, rising from 28,263 in 2021 to 28,845 in 2022. Hence, the escalation in knowledge and identification of cannabis addiction is fueling the expansion of the cannabis use disorder market.
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Which key players are shaping the future of the Cannabis Use Disorder market?
Major companies operating in the cannabis use disorder market are Lyra Health Inc., Pyramid Healthcare Inc., Hazelden Betty Ford Foundation, Charlie Health, Caron Treatment Center, Promises Behavioral Health, Sierra Tucson, Samarpan, Affect Therapeutics Inc., Cadabam’s Rehabilitation Center, Aelis Farma, Skywood Recovery, Pelago, PleoPharma Inc., Abhasa, Marijuana Anonymous, Northpoint Colorado, Sukoon Health, Granite Mountain Behavioral Healthcare, GreeneStone
How Are the Latest Trends Influencing the Growth of the Cannabis Use Disorder Market?
Leading businesses in the cannabis use disorder market are working towards innovating sophisticated substance use management solutions. These solutions are designed to offer custom care to individuals grappling with cannabis dependency. The comprehensive system is designed to prevent, treat, and manage substance use disorders and assist affected individuals in overcoming their reliance on substances like cannabis. This system places emphasis on long-term recovery, prevention of relapse, and improvement of overall wellness. For instance, in April 2024, Pelago, a virtual clinic located in the US and specializing in substance use management, rolled out a treatment program for cannabis use disorder (CUD). The objective of this initiative is to combat the escalating incidence of CUD in the U.S, a condition that affects up to 18 million adult residents. The modus operandi of Pelago entails educating people about cannabis usage, granting access to scientifically validated care such as cognitive behavioural therapy, and motivational enhancement therapy. The agenda also extends support to teenagers between ages 15-17 set on achieving abstinence-based goals.
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What Are the Major Segments of the Cannabis Use Disorder Market and Their Role in Driving Growth?
The cannabis use disorder market covered in this report is segmented –
1) By Treatment: Pharmacotherapy, Behavioral Therapies
2) By Route Of Administration: Oral, Transdermal, Inhalation, Sublingual
3) By End-User: Hospitals, Specialty Clinics, Rehabilitation Centers, Homecare Settings
Subsegments:
1) By Pharmacotherapy: Cannabinoid-Based Medications, Antidepressants, Antipsychotics, Benzodiazepines
2) By Behavioral Therapies: Cognitive Behavioral Therapy (CBT), Contingency Management, Motivational Enhancement Therapy (MET), 12-Step Facilitation Therapy
What Regions Are At the Forefront of Cannabis Use Disorder Market Expansion?
North America was the largest region in the cannabis use disorder market in 2024. The regions covered in the cannabis use disorder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Can We Define the Cannabis Use Disorder Market and Its Key Components?
Cannabis use disorder (CUD) refers to a condition characterized by the problematic or excessive use of cannabis, leading to significant impairment or distress. It is classified as a type of substance use disorder and occurs when an individual is unable to control or reduce their cannabis consumption despite negative consequences.
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