Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that the global market for the treatment of alcohol dependence will reach $304m by 2016.
(1888PressRelease) March 17, 2008 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that the global market for the treatment of alcohol dependence will grow at a compound annual growth rate of 13.5% from 2006 to reach $304m by 2016.
The report, "Pipeline Insight - Substance Dependence - Part II (Alcohol)", which is available at http://www.reportbuyer.com/go/DAT09505, finds that the main factors influencing the market will be the continued uptake of existing brands and the launch of two opioid antagonists. It reports that opioid antagonists are the most prevalent drug class in late-stage development and include two reformulations of naltrexone.
Analysts state that the current alcohol dependence pipeline is weak and lacking in innovation, leaving market opportunity for new therapies. Additionally, they say that the efficacy of currently marketed pharmaceutical products is limited, displaying poor medication compliance rate in alcohol-dependent patients. This leads them to predict that pipeline drugs that possess the potential to improve patient compliance can expect to receive a strong uptake.
Authors of the report say that the alcohol dependence market requires a shift in public perception. They say alcohol dependence should no longer be seen as a behavioral disorder, but as a treatable medical condition. They also benchmark key late-stage anti- alcohol dependence compounds against the current market leader.
The study assesses the seven major markets and contains total sales forecasts of key late-stage pipeline drugs. It also examines their clinical and commercial potential. It forecasts key late-stage pipeline drugs revenues to 2016.
"Pipeline Insight - Substance Dependence - Part II (Alcohol)" is available from Report Buyer.
For more information, see website.
Report Buyer product ID: DAT09505
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