About Behavioral Rehabilitation
Growing awareness among people regarding the availability of therapeutic options will help to boost global behavioral rehabilitation market. People might get several behavioral addictions due to many reasons, and these addictions can severely hurt their health from an extended term perspective. Most of the addictions might not go away by themselves. To resolve such issues, highly reliable methodologies are needed, and behavioral rehabilitation is a set of techniques that could achieve the same if utilized properly. The prevalence of behavioral disorders is also increasing, driving the behavioral rehabilitation market. The growing efforts and initiatives taken by governments across the globe in this direction will also push the growth of this market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
CAGR | 7.0% |
The global behavioral rehabilitation market is highly fragmented. There exists a large number of players in the market. However, recent times have witnessed a considerable number of mergers and acquisitions. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Behavioral Rehabilitation market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Acadia Healthcare (United States), Universal Health Services Inc. (United States), Magellan Health Inc. (United States), Psychiatric Solutions Inc. (United States), Crc Health (United States), Aurora Behavioral Health System (United States), Behavioral Health Group (United States), Haven Behavioral Healthcare Inc. (United States) and Springstone, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are American Addiction Centers Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Behavioral Rehabilitation market by , Application (Anxiety, Mood, Substance Abuse, Personality and Attention Deficit Disorders) and Region.
On the basis of geography, the market of Behavioral Rehabilitation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Healthcare Settings, the sub-segment i.e. Inpatient will boost the Behavioral Rehabilitation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment Method, the sub-segment i.e. Counseling will boost the Behavioral Rehabilitation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Incidences of Depression, Increasing Preferences of Partial Hospitalization Programs (PHP) and Advent of Online Counselling
Market Growth Drivers:
Rising Occurrence of Behavioral Disorders, Growing Accessibility of Therapies for Behavioral Rehabilitation and Rising Government Initiatives towards Behavioral Rehabilitation
Challenges:
Impact of Stigma on People with Behavioral Disorder
Restraints:
Dearth of Awareness of Behavioral Disorders and Lack of Proper Reimbursement
Opportunities:
Technological Advancement in Healthcare Expenditure in Emerging Economics
Market Leaders and their expansionary development strategies
In February 2023, MORE Health, a global digital health company specializing in expert second medical opinions, announces a partnership with Meadows Behavioral Healthcare, the nation's trusted treatment leader, to increase access to the top trauma, mental health, addiction, and recovery experts.
In September 2023, Discovery Behavioral Health, Inc. launched of a new A.I.-driven platform called Discovery365. The platform tracks patient progress for 12 months after discharge from a behavioral treatment program, a period Discovery refers to as "the one-year recovery gap," when industry relapse rates are exceedingly high. The agreement joins Discovery Behavioral Health with experts from Brigham and Women's Hospital. Powered by Videra Health technology, the Discovery365 platform represents a paradigm shift in the industry.
Key Target Audience
Service Providers, Industry Associations, Private and Government Research Associations, Government Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.