July 21, 2024
Asia (ASEAN) Alcohol Dependency Treatment Market

Expanding Telemedicine Services Is Anticipated To Open Up New Avenues For The Asia (Japan, South Korea, China, India, ASEAN) Alcohol Dependency Treatment Market

Market Overview:

The Asia (Japan, South Korea, China, India, ASEAN) Alcohol Dependency Treatment Market provides treatment for alcohol dependence through various modes such as outpatient counselling, medication, rehabilitation therapy and medical detoxification. Common treatment options include disulfiram, naltrexone, acamprosate and various behavioural therapies. The market caters to both residential and outpatient facilities depending on the severity of alcohol dependence. Telemedicine services are also being adopted to expand the reach of treatment programs, especially in remote areas.

Market Dynamics:

One of the key drivers for the Asia (Japan, South Korea, China, India, ASEAN) Alcohol Dependency Treatment Market is rising prevalence of alcohol use disorders due to changing social and cultural norms. For example, countries such as South Korea have witnessed significant rise in alcohol consumption in recent years leading to growing patient base requiring treatment support. Moreover, rapid urbanization and hectic lifestyle has also contributed to alcohol dependence requiring effective treatment interventions. Growing adoption of telemedicine is another factor fueling the market growth. Telemedicine services enable remote delivery of alcohol dependency programs through virtual means to areas with limited access to residential care centers. This helps in overcoming challenges of inadequate infrastructure and expands treatment access.

The global Asia (Japan, South Korea, China, India, ASEAN) Alcohol Dependency Treatment Market Size is estimated to be valued at Us$ 2.9 Bn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis

The Asia (Japan, South Korea, China, India, ASEAN) alcohol dependency treatment market is dominated by the inpatient treatment segment. The inpatient treatment segment accounted for around 60% share of the overall market in 2023 due to high availability of facilities and preference for intensive treatment among patients and families. The segment involves compulsory admission of patients for a stipulated duration varying from 1-3 weeks or more depending on the condition and treatment plan of individual patients.

PEST Analysis

Political: The governments in countries like China, Japan, South Korea and India have implemented various policies and schemes to boost funding and infrastructure for alcohol dependency treatment. However, lack of enforcement remains a challenge especially in developing nations.
Economic: High economic growth has led to rising healthcare spends on alcohol dependency treatment in Asia. However, the costs remain relatively high thereby restricting access for lower income groups.
Social: Changing social attitudes and increased awareness is driving the reduction of stigma associated with alcohol addiction in major Asian cities. However, social pressures and taboos still discourage many from seeking timely treatment.
Technological: Digital therapeutics and remote monitoring solutions are augmenting conventional inpatient and outpatient care. Wearables and smartphone apps allow continuous monitoring and relapse prevention support.

Key Takeaways

The Asia (Japan, South Korea, China, India, ASEAN) alcohol dependency treatment market is expected to witness high growth, exhibiting CAGR of 6.6% over the forecast period, due to increasing health burden of alcohol use disorder and supportive governmental initiatives.

Regional analysis: Countries like China, Japan and South Korea dominate the market currently due to high healthcare spends and focus on mental healthcare. However, countries in Southeast Asia are expected to exhibit fastest growth over the coming years led by countries like Thailand, Singapore and Malaysia with the establishment of international standards of treatment facilities.

Key players: Key players operating in the Asia (Japan, South Korea, China, India, ASEAN) alcohol dependency treatment market are Kurihama Medical and Addiction Center, National Hospital Organization Kurihama Medical and Addiction Center, Osaka National Hospital, National Hospital Organization Nagasaki Medical Center, National Hospital Organization Kochi Medical Center, National Center for Mental Health (Nashilgil Hospital), Seoul St. Mary’s Hospital, Samsung Medical Center, Yonsei University Health System, Asan Medical Center, Beijing HuiLongGuan Hospital, Peking University Sixth Hospital, Beijing Huilongguan Hospital, Shanghai Mental Health Center, Tongji Medical College, Huazhong University of Science and Technology, National Institute of Mental Health and Neurosciences (NIMHANS), All India Institute of Medical Sciences (AIIMS), Tata Memorial Hospital, VIMHANS (Vidyasagar Institute of Mental Health and Neurosciences), Schizophrenia Research Foundation (SCARF), Promises Healthcare (Singapore), The Cabin Chiang Mai (Thailand), The Dawn Medical Rehab and Wellness (Thailand), The Solace Sabah (Malaysia), The Kusnacht Practice (Singapore)

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it