The global behavioural health market was valued at USD 133.2 billion in 2018, and is predicted to succeed in USD 182.1 billion by 2026, growing at a CAGR of 4.0% during 2019-2026. The key factors boosting the expansion of the market are increasing cases of mental disorders which is creating demand for better behavioural health treatment. Moreover, increased social acceptance is additionally a serious driving factor of market growth.
Furthermore, advancements in medication management and clinical procedures across the world have led to the burgeoning market growth of behavioural health market.
Inpatient Hospital Management service type segment is predicted to dominate global behavioural health market during the forecast period. In 2018, almost half the market share was held by inpatient hospital management. However, the very best rate of growth is predicted to be witnessed by the Homecare management segment during the forecast period due to the increasing demand for homecare treatment and rising awareness of the behavioural health issues.
Clinical advancements in behavioural health industry and increasing social acceptance are likely to drive the expansion of worldwide behavioural health market in near future. mental disorder to dominate the market in terms of revenue share.
Research report on global behavioural health market captures the profiles of key players which include Acadia Healthcare Co, Universal Health Services Inc, Magellan Services Inc, National Mentor Holdings, Inc, Behavioural Health Services, Inc, Behavioural Health Network, Inc, North Range Behavioural Health, Seton Healthcare Family (Ascension Health), Ocean psychological state Services, Beacon Health Strategies.
Based on geography, North America region dominated the market in 2018 due to high diagnosis rate of behavioural health disorder, high volume of advanced medication management and growth in social acceptance. additionally , the region is additionally witnessing an increase in incidence of mental disorders is further fuelling the market growth. Europe held the second largest revenue share in 2018 and is predicted to grow at a gentle rate during the forecast years.
Key takeaways/key essentials:
- In 2018, the Outpatient Clinics end use type held quite half the market share.
- Acadia Healthcare Co, Universal Health Services Inc, Magellan Services Inc, National Mentor Holdings, Inc are the leading players holding approximately around one third of the market share.
- The homecare services segment is anticipated to grow at the very best rate during the forecast period from 2019 to 2026.
- Homecare Services segment is that the emerging services segment within the behavioural health field, which is meant to cater to the unmet needs of the behavioural health market.
- North America region occupied maximum revenue share in global behavioural health market in 2018.
The global behavioural health market report is segmented supported services type, the market comprises of Inpatient Hospital Treatment, Outpatient Counselling, Home-Based Treatment Services, Emergency psychological state Services, medical care Management. The disorder includes mental disorder , manic depression , Depression, disorder , Post-Traumatic Stress Disorder, drug abuse Disorder et al. . the top user type includes Outpatient Clinics, Rehabilitation Centers, Hospitals (Emergency), Homecare Setting.
The research report “Global Behavioural Health Market” provides in-depth analysis of behavioural health market, globally, supported services type, disorder type, user type and major geographies for the forecast period from 2019 to 2026. The report highlights the main market drivers propelling the expansion also as challenges faced by the market participants. The research report also provides market size and forecast for behavioural health market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments within the market.