Behavioral Health Market

Behavioural Health Market: Outpatient Counselling Projected to be the Most Lucrative Service Type: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

  • 2018-06-27
  • REP-GB-5375
  • 241 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Behavioral Health Market

This study offers a comprehensive, 360 degree analysis on the Behavioral Health market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Behavioral Health market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Behavioural health includes non-pharmacological therapies for conditions such as mental health, substance abuse disorder etc. A considerable chunk of population struggle throughout their lives to cope with mental illnesses, such as personality disorders or depression, substance abuse disorders or other addictive behaviours. Behavioural health services provide help, treatment or support to a suspected or confirmed behavioural health need. Behavioural health integration is an effective strategy adopted to improve the outcomes for millions of individuals with behavioural or mental health conditions worldwide. In this report, behavioural health market is categorized into service type, disorder type and region. The report analyses the demand from hospitals, rehabilitation centres, drug abuse centres, mental health clinics, inpatient clinics, outpatient clinics, home care setting, etc.

Market Value and Forecast

In terms of revenue, the global behavioural health market is projected to expand at 3.4% CAGR over the forecast period of 2018-2028, and is expected to be valued at US$ 156.3 Bn by 2028 end.

Market Dynamics

Global demand for behavioural health services is growing as a result of increasing prevalence of mental disorders and rising demand for behavioural health treatment. Increased awareness and social acceptance of behavioural health issues are expected to create favourable market prospects for behavioural health service providers. Clinical advancements in therapy and medication management have yielded new and better procedures for both psychological and detoxification treatments. Online counselling programs and day care services are propelling the growth of behavioural health market. Development of new treatment and programs, favourable supply and demand dynamic and increasing mental health budget are some other factors that are expected to boost the behavioural health market growth.

However, limited access to mental health providers, lack of trained mental health care provider, low awareness regarding treatment option among general population and limitation of primary care services are some factors that might hamper the demand for behavioural health services in the global market.

Market Segmentation, by Service Type

Based on service type, the global behavioural health market is segmented into as outpatient counseling, intensive case management, home-based treatment services, inpatient hospital treatment, emergency mental health service and others. Outpatient counseling service type segment is expected to witness the highest growth rate, in terms of value, in the global behavioural health market over the forecast period.

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Market Segmentation, by Disorder Type

Based on disorder type, the market is segmented into the anxiety disorder, bipolar disorders, depression, eating disorder, post-traumatic stress disorder (PSTD), substance abuse disorder and others. Other segment includes schizophrenia, insomnia, disruptive behavioural disorders, pervasive development disorder, etc. Currently, anxiety disorder segment account for relatively high revenue share, followed by depression.

Key Regions

Geographically, global behavioural health market is segmented into seven major regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (Asia-Pacific excluding Japan), Japan and the Middle East & Africa (MEA). In terms of value, North America dominated global behavioural health market in 2017 and is expected to expand at a CAGR of above 3% over the forecast period of 2018-2028. APEJ is expected to be the fastest growing market, in terms of revenue, in the global behavioural health market, registering over 4% CAGR over 2018-2028.

Key Players

Some of the key players identified in the global behavioural health market are Acadia Healthcare Co., Inc., Universal Health Services, Inc., Magellan Health Inc., National Mentor Holdings Inc., Behavioural  Health Services Inc., Behavioural  Health Network Inc., North Range Behavioural  Health, Strategic Behavioural  Health, LLC, Seton Healthcare Family (Ascension Health), Ocean Mental Health Services Inc. among others. Merger & acquisition activity is emerging as a prominent trend among service providers of the behavioural health market.

Future Market Insights (FMI) offers a 10-year forecast on the global behavioural health market. The primary objective of the report is to offer updates and information related to market opportunities in the global behavioural health market.

Report Description

In terms of revenue, the global behavioural health market is expected to register a CAGR of 3.4% during the forecast period of 2018–2028. The primary objective of the report is to offer insights on the market dynamics that can influence the growth of the global behavioural health market over the forecast period. Insights on key trends, drivers, restraints, value forecasts and opportunities for companies operating in the global behavioural health market are presented in the report.

Global demand for behavioural health services is increasing as a result of rising number of mental illnesses and substance abuse disorder cases. Merger & acquisition activity among service providers, stabilization of inpatient treatment centers, recovery and support services, adoption of new treatment techniques are expected to spur the demand of behavioural health market. Increase in global healthcare expenditure, adoption of behavioural health care services, insurance policies for mental health are expected to boost the market growth.

Revenue from the behavioural health market in North America is expected to grow at highest rate due to increasing awareness and improved mental health care system. To understand and assess opportunities in this market, the report offers market forecast on the basis of service type, disorder type and regions. The report provides analysis on the global behavioural health market in terms of market value (US$ Mn).

The report begins with market definition, followed by definitions of different disorder type. The market dynamics section includes FMI’s analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of global behavioural health market. Opportunity analysis provided in the section allows client to better equip their clients with crystal clear decision making insights.

Subsequent section of the report provides analysis of market on the basis of regions, and presents forecast in terms of value for the next 10 years. On the basis of regions, the global behavioural health market is segmented into:

  • North America

    • US

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Western Europe

    • Germany

    • Italy

    • France

    • Spain

    • UK

    • Rest of Western Europe

  • Eastern Europe

    • Russia

    • Poland

    • Rest of Eastern Europe

  • Asia Pacific Excluding Japan

    • India

    • China

    • ASEAN

    • Australia & New Zealand

    • Rest of APEJ

  • Japan

  • Middle East & Africa (MEA)

    • GCC Countries

    • South Africa

    • Rest of MEA

Next section provides competitive edge for global behavioural health market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the behavioural health market. Competition landscape section provides dashboard view of the activities of major players in the global behavioural health market. Company profile section provides information on key offerings of each player in global behavioural health market, their direct & indirect presence, revenue, key developments and strategies and SWOT analysis. Key players included in this report are  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), Ocean Mental Health Services Inc..

The next section analyses market on the basis of service type and presents forecast in terms of value (US$ Mn) for the next 10 years. Service type included in the report are:

  • Outpatient Counselling

  • Intensive Case Management

  • Home-based Treatment Services

  • Inpatient Hospital Treatment

  • Emergency Mental Health Service

  • Others

The next section analyses the market on the basis of disorder type and presents forecast in terms of value (US$ Mn) for the next 10 years. On the basis of disorder type, the global behavioural health market is categorized into:

  • Anxiety Disorder

  • ADHD

  • Bipolar Disorders

  • Depression

  • Eating Disorder

  • Post-traumatic Stress Disorder(PSTD)

  • Substance Abuse Disorder

  • Others

In addition, we have considered Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify growth opportunities for companies operating in the global behavioural health market.

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from sales and delivery perspective for services offered by behavioural health market. To understand key segments in terms of their growth and performance in the global behavioural health market, Future Market Insights has developed a market attractiveness index. The resulting index would help providers to identify existing market opportunities.

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