According to MRFR analysis, Behavioral Health Services Market 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.
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.
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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 inpatient hospital treatment segment is likely to be the largest during the review period due to a growing aging population globally. Around 1.3 million Americans are diagnosed with various behavioral disorders every year. The outpatient counseling segment is predicted to be the fastest-growing due to the rising prevalence of the disorder in the elderly population.
The global Behavioral Healthcare Market size 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 anxiety disorder segment is expected to hold the majority share of the market. Rising prevalence of anxiety disorder in most commonly seen in US. Around 40 million adults are diagnosed with anxiety disorder every year. The bipolar disorder segment is expected to be the fastest-growing due to its rising prevalence globally. It was estimated that around 7 million people in US were suffering through bipolar disorder in 2018.
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.
Some of the key players in the global Behavioral Health Services market are Acadia Healthcare (US), National Mentor Holdings Inc (US), Behavioral Health Services Inc (US), Ocean Mental Health Services Inc (US), The MENTOR Network (US), Universal Health Services, Inc (US), Behavioral Health Network, Inc (US), CareTech Holdings PLC (UK), Strategic Behavioral Health (US), North Range Behavioral Health (US), Pyramid Healthcare (US), Promises Behavioral Health (US), and others.
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