Behavioral Health Market worth $89.85 billion by 2030, growing at a CAGR of 7.23% - Exclusive Report by 360iResearch

The "Behavioral Health Market by Disorder (Anxiety & Depression, Autism, Bipolar Disorders), Component (Services, Software), Treatment, Age Group, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Behavioral Health Market to grow from USD 55.12 billion in 2023 to USD 89.85 billion by 2030, at a CAGR of 7.23%.

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The scientific study of human emotions, behaviors, and biological factors affecting a person's mental health, daily functioning, and sense of self is known as behavioral health. All factors that affect mental health fall under the behavioral health category, including the use of drugs and alcohol, behavior, habits, and other outside influences. Stress, sadness, anxiety, marital issues, grief, addiction, ADHD or learning difficulties, mood disorders, or other psychological problems may be experienced by someone struggling with behavioral health. Counselors, therapists, life coaches, psychologists, nurse practitioners, or doctors treat behavioral health issues with therapy, counseling, or medication. The rising number of mental disorders, promising government initiatives, and increasing cognitive health management centers have expanded the use of behavioral health services. At the same time, complicated reimbursement scenarios and a deficiency of well-trained professionals may pose challenges for the market. Nevertheless, AI- and smartphone-assisted therapy, digital pills, and virtual reality are optimizing mental health treatment and management in the future.

The Americas and EMEA region represent a significant development in the behavioral health market attributed to advanced healthcare infrastructure, surged prevalence of mental health disorders, and increased awareness among people regarding their mental health throughout these regions. According to Mental Health of America, in 2019-2020, 20.78% of adults experienced a mental illness, equivalent to over 50 million Americans. Moreover, the Centers for Disease Control and Prevention (CDC) reported that about 1 in 25 U.S. adults lives with a severe mental illness, including schizophrenia, bipolar disorder, or major depression. On the other hand, as per the World Health Organization, in 2021, more than 150 million people in the European Region suffered from a mental health condition. Thus, the rising prevalence of mental disorders, emerging government support, and growing awareness among people have increased the adoption of behavioral health services. The behavioral health services use in the APAC can be attributed to high unmet needs for mental healthcare services, improved affordability due to increasing government initiatives, and a large population base in countries such as Japan, China, India, and Australia.

Market Segmentation & Coverage:

This research report categorizes the Behavioral Health Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Disorder, market is studied across Anxiety & Depression, Autism, Bipolar Disorders, Eating Disorders, Post-Trumatic Stress Disorder, Schizophrenia, and Substance Abuse Disorders. The Autism is projected to witness significant market share during forecast period.

Based on Component, market is studied across Services and Software. The Services is further studied across Emergency Mental Health Services, Home-Based Treatment Services, Inpatient Hospital Treatment Services, and Outpatient Counseling. The Software is further studied across Assessment and Outcome Measurement Tools, Data Analytics and Reporting Software, Electronic Health Record (EHR) Systems, and Practice Management Software. The Software is projected to witness significant market share during forecast period.

Based on Treatment, market is studied across Alternative & Complementary Therapies, Collaborative Care & Care Coordination, Medication Management, Psychotherapy, Substance Use Disorder Treatment, and Telebehavioral Health. The Telebehavioral Health is projected to witness significant market share during forecast period.

Based on Age Group, market is studied across Adult, Geriatric, and Pediatric. The Adult is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Homecare Setting, Hospitals, Outpatient Clinics, and Rehabilitation Centers. The Homecare Setting is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Behavioral Health Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Behavioral Health Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Behavioral Health Market, highlighting leading vendors and their innovative profiles. These include Acadia Healthcare, Advanced Data Systems, AdvancedMD, Inc., Ascension Health Alliance, Behavioral Health Network, Inc., BHG Holdings, LLC., Bright Harbor Healthcare, Carelon Behavioral Health, Inc., CareTech Holdings Limited, Cerner Corporation by Oracle Corporation, Compulink Healthcare Solutions, Core Solutions, Inc, Curalinc, Echo Group, Kareo, Inc., Magellan Health, Inc., Meditab, Netsmart Technologies, Inc., NXGN Management, LLC, Optum, Inc., Promises Behavioral Health, LLC, Pyramid Healthcare Inc., Sevita, UnitedHealth Group, Universal Health Services, Inc., Uprise Health, Valant, and WELLIGENT, INC. by ContinuumCloud, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Behavioral Health Market, by Disorder
7. Behavioral Health Market, by Component
8. Behavioral Health Market, by Treatment
9. Behavioral Health Market, by Age Group
10. Behavioral Health Market, by End-User
11. Americas Behavioral Health Market
12. Asia-Pacific Behavioral Health Market
13. Europe, Middle East & Africa Behavioral Health Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Behavioral Health Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Behavioral Health Market?
3. What is the competitive strategic window for opportunities in the Behavioral Health Market?
4. What are the technology trends and regulatory frameworks in the Behavioral Health Market?
5. What is the market share of the leading vendors in the Behavioral Health Market?
6. What modes and strategic moves are considered suitable for entering the Behavioral Health Market?

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