Collaborative care model is a team-based, interdisciplinary approach that deliver evidence-based treatment, diagnoses, and follow-up to an identified population suffering from depression and anxiety. This model is basically used to treat the large number of people suffering from mental illness.
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Cosmax Group, Cisco Systems, Microsoft Corporation, IBM, Jive Software, AGNITY Healthcare, Uniphy Health Holding, Everbridge, PerfectServe, and Vocera Communications.
Growing cases of depression and anxiety is a prime factor driving growth of the global collaborative care model market. According to the Anxiety and Depression Association of America, approximately 322 million people in the world live with depression. A World Health Organization (WHO) report estimated that the global cost of treatment of mental illness is nearly US$ 2.5 trillion (two-thirds in indirect costs) in 2010, which is expected to increase to over US$ 6 trillion by 2030.
Rising awareness regarding mental health condition and its treatment is expected to augment growth of the market. For instance, 10 October is a World Mental Health Day. The overall objective of World Mental Health Day is to raise awareness of mental health issues around the world and to mobilize efforts in support of mental health. The Day provides an opportunity for all stakeholders working on mental health issues to talk about their work, and what more needs to be done to make mental health care a reality for people worldwide.
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Covid-19 Impact Analysis
During Covid-19 pandemic, few studies suggest there was increased cases of depression, and a fear of being infected by the disease among major parts of the population. The access to mental health services was restricted due to the lockdown policy imposed across many countries worldwide. Due to the growing cases of anxiety, key players involved in the market are focusing on treatment options to support and combat mental illness during the crisis period.
- The collaborative care model market is expected to exhibit a CAGR of 15.6 % over the forecast period owing to the growing advancement in the treatment of mental illness. For instance, in February 2019, The Integrated Health Model Initiative (IHMI), a collaborative effort founded by the American Medical Association (AMA) to lead solutions for improving, organizing and exchanging health data, announced the development of a new data model to manage an uninterrupted stream of data from innovative devices that remotely monitor blood pressure.
- North America is expected to gain significant growth over the forecast period owing to the high prevalence of depression disorder in the region. According to The Johns Hopkins University, an estimated 26% of Americans ages 18 and older — about 1 in 4 adults — suffers from a diagnosable mental disorder in a given year.
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Table of Content
Global Collaborative Care Model Market Research Report
Section 1: Global Collaborative Care Model Industry Overview
Section 2: Global Economic Impact on Collaborative Care Model Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Collaborative Care Model Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Collaborative Care Model Market Forecast
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