Of late, the behavioural health market has gained notable traction due to the rising prevalence of numerous mental health issues, unhealthy lifestyles, and a growing geriatric population. The behavioural health of a person can often be aggravated by physical ailments such as chronic diseases, precipitating severe depression, and anxiety among others. Governments across the globe are incentivizing research activities to improve the quality of behavioural health services. To enhance and strengthen the physical and virtual care integration, several players across the behavioural health market are also engaging in strategic collaborations. Against this backdrop, the behavioural health market is anticipated to grow at a robust pace owing to constant efforts made by private entities to provide improved healthcare for patients.
Depression and Anxiety Disorder Segment to Facilitate Market Expansion
Depression and anxiety are among the leading factors affecting the behavioural health of an individual. Noticeably, the geriatric population is more likely to be suffering from depression, leaving a significant impact on the overall market growth. Physical health has been found to affect mental health too. Therefore, the growing prevalence of various chronic diseases is rapidly triggering mental health issues among individuals. On the other hand, increased levels of fear, anxiety, and stress are highly capable of exacerbating a person's mental health. Against this background, the surging cases of patients suffering from anxiety and depression are anticipated to fuel the growth of the global behavioural health market.
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Growing Incidence of Severe Mental Health Issues Provides Tailwind to Behavioural Health Market
Behavioural health of an individual directly influences their physical and mental well-being, and their ability to function in everyday life. Inculcating good habits in daily routine is found to remarkably enhance one’s way of living and improve the person’s behaviour. To promote good behavioural health, identifying the triggers is of prime importance. Such triggers could be as basic as bad eating habits and binge drinking or as severe as detrimental eating, smoking, and harmful drugs. The rising prevalence of serious mental illness among all age groups is predicted to accelerate the demand for behavioural health treatment globally. Such positive trends are expected to bode well for the holistic growth of the global behavioural health market.
Substance Abuse Disorder Creates Headways for Market Growth in North America
In North America, drug addiction has risen incessantly over the past few years, resulting in a burgeoning need for substance abuse services. The annual cost of drug abuse in the United States, including tobacco and alcohol, is consistently growing. Such developments are making substantial contributions to the growth of the behavioural health market in the region. This trend is further underpinned by the increasing prevalence of various mental health conditions, the growing geriatric population, and greater mental health awareness. Besides, well-established healthcare infrastructure, greater access to mental health services, and robust healthcare expenditure are further steering growth in North America’s behavioural health market.
Leading Market Players
Most prominent players operating in the global behavioural health market include Acadia Healthcare Co. Inc., Ocean Mental Health Services Inc., Universal Health Services, Inc., Strategic Behavioral Health LLC, Seton Healthcare Family (Ascension Health), National Mentor Holdings Inc., Behavioral Health Services Inc., Magellan Health Inc., North Range Behavioral Health, and Behavioral Health Network Inc.
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With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global behavioural health treatment market as well as the factors responsible for such a growth.
Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the behavioural health treatment market.
For enhancing readers’ experience, the report starts with a basic overview about the behavioural health treatment market and its classification.
Further, we have considered 2027 as the estimated year, 2020 – 2027 as the stipulated timeframe.Competitive Assessment The behavioural health treatment market report includes global as well as emerging players:Promises Behavioural HealthPyramid HealthcareAscension SetonStrategic Behavioural HealthNorth Range Behavioural HealthBehavioural Health Network Inc.Universal Health Services, Inc.The MENTOR NetworkCareTech Holdings PLCAcadia HealthcareThe insights for each vendor consists of:Company profileSWOT analysisMain market informationMarket shareRevenue, pricing and gross marginRequest Sample Report - https://www.factmr.com/connectus/sample?flag=S_id=4370Regional Analysis Important regions covered in the behavioural health treatment market report include:North America (U.S., Canada)Europe (Francce, Germany)Asia Pacific (China, Japan)Latin America (Brazil, Mexico)Middle East and Africa (GCC Countries, South Africa)The behavioural health treatment market report also provides data regarding the key countries in the defined regions.Segmentation AnalysisBy Disorder Type:DepressionAnxietySchizophreniaBipolar DisordersAlcohol Use DisordersSubstance Abuse DisordersEating DisordersPost-traumatic Stress Disorder (PSTD)By Service Type:Inpatient Hospital Treatment ServicesOutpatient CounsellingEmergency Mental Health ServicesHome-based Treatment ServicesWhat insights does the behavioural health treatment market report provide to the readers?Behavioural health treatment market fragmentation on the basis of product type, end use, and region.Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.Collaborations, R projects, acquisitions, and product launches of each behavioural health treatment market player.Various regulations imposed by the governments on the consumption of behavioural health treatment market in detail.Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global behavioural health treatment market.Request Methodology of this Report - https://www.factmr.com/connectus/sample?flag=RM_id=4370Questionnaire answered in the behavioural health treatment market report include:What is the present and future outlook of the global behavioural health treatment market on the basis of region?What are the challenges and opportunities for the behavioural health treatment market?Why the consumption of behavioural health treatment market highest in region?In which year segment is expected to overtake segment?
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The new report by Expert Market Research titled, ‘Global Behavioural Health Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global behavioural health market, assessing the market based on its segments like disorder, services, and major regions.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/behavioral-health-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Forecast CAGR (2021-2026): 3.4%Forecast Market Size (2026): USD 134 BillionIncreasing adoption of behavioural health software, availability of government funding, government initiatives to encourage EHR adoption in behavioural health organisations, favourable behavioural health reforms, and high demand for mental health services amidst provider shortage are driving the market growth.
The global behavioural health industry is driven by the growing awareness and social acceptance of behavioural health issues.
The demand for support services, such as software upgrades and maintenance, is a primary driver of the market's growth.Industry Definition and Major SegmentsBehavioural health management software allows patients and caregivers to communicate.
Combining innovative behavioural health tech solutions with traditional behavioural health solutions is expected to improve performance and efficacy, hence expanding the behavioural health industry's size.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/behavioral-health-marketBased on disorder, the market includes:DepressionAnxietySchizophreniaBipolar DisordersAlcohol Use DisordersSubstance Abuse DisordersEating DisordersPost-traumatic Stress Disorder (PSTD)OthersOn the basis of services, the market includes:Inpatient Hospital Treatment ServicesOutpatient CounsellingEmergency Mental Health ServicesHome-based Treatment ServicesOthersOn the basis of region, the industry is divided into:North AmericaEuropeAsia PacificLatin AmericaMiddle East and AfricaMarket TrendsOnline counselling programmes and daycare services are fuelling the industry's expansion.
The increased emphasis on subscription models, rising software applications in emerging regions, and rising use of telehealth as a means of providing care services will all contribute to the behavioural health market's growth throughout the forecast period by producing significant opportunities.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global behavioural health treatment market.
The behavioural health treatment report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume.
Further, the behavioural health treatment report elaborates the market behavior of each vendor operating in the behavioural health treatment market.According to an analytical study published by Fact.MR, anxiety would be a relatively common disorder as compared to depression and others, on account of individuals leading a fast-paced lifestyle, requiring them to multitask.
As opposed to the aforementioned favourable dynamics, social stigma related to mental conditions dissuades individuals from seeking professional help.
This fact is likely to lead to sluggish growth of the behavioural health treatment market during the forecast period (2020-2027).Key players analyzed in the behavioural health treatment market study:CareTech Holdings PLCThe MENTOR NetworkUniversal Health Services, Inc.Behavioural Health Network Inc.Key findings of the behavioural health treatment market study:Regional breakdown of the behavioural health treatment market based on predefined taxonomy.Innovative manufacturing processes implemented by behavioural health treatment vendors in detail.Region-wise and country-wise fragmentation of the behavioural health treatment market to grasp the revenue, and growth outlook in these areas.Changing preferences among consumers across various regions and countries.Factors (Positive and Negative) impacting the growth of the global behavioural health treatment market.You can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S_id=4370Europe to Remain Global Leader with a Share Tantamount to 47% by 2027The behavioural health treatment market in Europe is projected to witness a significant rise in revenue by 2027, around 21% up from the revenue generated in 2019.
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