Behavioural Health Market is expected to be valued at US$ 156.3 Bn by 2028 at a CAGR of 3.4%
The global Behavioural Health Market generated US$ 128.2 billion in revenue in 2017 and is anticipated to grow at a 3.4% CAGR from 2022 to 2028, when it will be worth US$ 156.3 billion.
During the course of the forecast period, North America is anticipated to account for the largest revenue share in the global market for behavioural health. Almost 43.8 million adult Americans currently have a mental disorder, which is increasing demand for behavioural health treatments. Home care, day care, and internet counselling services are in high demand in developing nations, and this is projected to support the behavioural health market’s expansion in these regions.
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|Behavioral Health Market Size (2022)||US$ 128.2 Bn|
|Projected Behavioral Health Market Value (2028)||US$ 156.3 Bn|
|Global Behavioral Health Market Growth Rate (2022-2028)||3.4% CAGR|
|Region With Dominant Behavioral Health Market Share||North America|
Global Behavioural Health Market: Segmental Analysis & Forecast
The global behavioural health market is segmented based on service type, disorder type, and region. Based on service type the market is segmented into outpatient counselling, intensive case management, home-based treatment services, inpatient hospital treatment, emergency mental health service and others. The inpatient hospital treatment services type segment is expected to represent highest revenue share in the global behavioural health market. Home-based treatment services are expected to gain popularity among people in the coming years and this segment is expected to expand at a CAGR of 4.0% over the forecast period.
Based on disorder type the market is segmented into the anxiety disorder, bipolar disorder, depression, eating disorder, post-traumatic stress disorder (PSTD), substance abuse disorder and others. Among all disorder types, the anxiety disorder segment is anticipated to continue to lead the global behavioural health market due to a high patient pool globally and high adoption of behavioural health therapy among patients suffering from anxiety issues. According to the WHO, globally 260 million people are suffering from anxiety disorder.
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Increased exposure to drugs and alcohol among young adults and strengthening insurance coverage policies for mental health are identified as key trends among end users in the global behavioural health market. Furthermore, rehabilitation programs for substance abuse disorder patients, outpatient counselling for ADHD affected children, and campaigns to spread awareness regarding mental disorders and drug addiction, etc. are some of the major factors that are driving the growth of the global behavioural health market. Government initiatives to reduce the burden of mental illness and rehabilitation services by non-government organizations (NGO) are further expected to positively impact revenue growth of the global behavioural health market.
Global Behavioural Health Market: Competition Analysis
The global market for behavioural health is fragmented with many local and regional level players operating in the worldwide market. Some of the key players featured in the global behavioural health market report include Acadia Healthcare Co., Inc., Universal Health Services Inc., Magellan Health Inc., National Mentor Holdings Inc., Behavioral Health Services Inc., Behavioral Health Network Inc., North Range Behavioral Health, Strategic Behavioral Health LLC, Seton Healthcare Family (Ascension Health) and Ocean Mental Health Services Inc. etc. among others.
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Key Segments Covered in Behavioral Health Industry Survey Behavioral Health by Service Type:
- Outpatient Counselling for Behavioral Health
- Intensive Case Management for Behavioral Health
- Home-based Treatment Services for Behavioral Health
- Inpatient Hospital Treatment for Behavioral Health
- Emergency Mental Health Service for Behavioral Health
Behavioral Health by Disorder Type:
- Anxiety Disorder
- Bipolar Disorders
- Eating Disorder
- Post-traumatic Stress Disorder (PTSD)
- Substance Abuse Disorder
Behavioral Health Market by Region:
- North America Behavioral Health Market
- Latin America Behavioral Health Market
- Europe Behavioral Health Market
- East Asia Behavioral Health Market
- South Asia & Pacific Behavioral Health Market
- Middle East & Africa (MEA) Behavioral Health Market
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