Market Highlights:
Behavior health services provide services to patients with mental health disorders, substance abuse disorders, and other mental disorders. Behavioral health includes conditions such as depression, anxiety, substance abuse, and others. Around 83% people in the US are suffering from behavioral health issues. According to Japanese study around 298 people were suffering from various behavioral disorders in 2018.
According to MRFR analysis, the global Behavioral Health Services Market Growth is expected to register a CAGR of ~3.4% during the forecast period of 2019 to 2025 and was valued at USD 146.3 billion by 2025.
The global behavioral health services market is currently dominated by several market players. The key players are involved in product launches and strategic collaborations to strengthen their market positions.
Key Players:
• Acadia Healthcare
• National Mentor Holdings Inc
• Behavioral Health Services Inc
• Ocean Mental Health Services Inc
• The MENTOR Network
• Universal Health Services
• Behavioral Health Network
• CareTech Holdings PLC
• Strategic Behavioral Health
• North Range Behavioral Health
Segmentation:
• The global behavioral health services market has been segmented based on services type, disorder type, and end user.
• The market, based on services type, has been divided into inpatient hospital treatment, outpatient counseling, home-based treatment services, emergency mental health services, and others.
• The global behavioral health services market has been segmented on the basis of disorder type, into anxiety disorder, bipolar disorders, depression, eating disorder, post-traumatic stress disorder (PSTD), substance abuse disorder, and others.
• The end user segments of the market are providers, patients, and others. The providers segment is expected to hold the largest share of the market as these centers are the primary locations for patients receiving treatment and services.
Regional Analysis:
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increasing prevalence of behavioral disorders and rising per capita healthcare expenditure. The behavioral health services market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European behavioral health services market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The behavioral health services market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing patient pool of depression disorder and raising awareness about the behavioral health services methods, the market in Asia-Pacific is expected to be the fastest-growing. The behavioral health services market in the Middle East & Africa has been divided into the Middle East and Africa.