Global Abuse Deterrent Formulation Technology Market, Trends & Analysis - Forecasts to 2026
The global abuse deterrent formulation technology market is estimated to witness a moderate CAGR during the forecast period. Abuse deterrent formulation technology is the method to minimize prescribed drug abuse while ensuring total access to vital medications for individuals with legitimate needs. The demand for abuse deterrent formulation technology is driven by growing number of drug misuse cases that occur every year across the globe. According to the Centers for Disease Control and Prevention (CDC), more than 72,000 overdose-related deaths were reported in America only in the year 2017. Rising health issues, increasing cases of operations and the growing geriatric population are also expected to boost the use of abuse deterrent formulation technology. Prescription drug abuse affects people of all ages, education, income level, gender, and ethnic background around the world. The continuous research & development in the healthcare sector to stop the drug overdose is expected to boost the global abuse deterrent formulation technology market. However, lack of awareness about drug overdose and complex molecular structure of the drugs are expected to restrain the growth of the global abuse deterrent formulation technology market. Request for a sample copy of Global Abuse Deterrent Formulation Technology Market at: https://www.globalmarketestimates.com/report-summary.php?report_id=1647&report_name=global-abuse-deterrent-formulation-technology-market
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