The Insight Partners Latest Research on “Behavioral Rehabilitation Market Forecast to 2028″ Includes COVID-19 Impact and Global Analysis By Treatment (Drugs, Counselling, and Therapy Services), Application (Anxiety Disorders, Mood Disorders, Substance Abuse Disorders, Personality Disorders, and Attention Deficit Disorders), Healthcare Setting (Outpatient Behavioral Rehabilitation, Inpatient Behavioral Rehabilitation, and Residential Behavioral Rehabilitation)
“Behavioral Rehabilitation Market is expected to reach US$ 540.84 million by 2028 from US$ 350.63 million in 2021; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028. The report highlights the key factors and trends impacting the market and focuses on prominent players and their strategies.
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Impact of COVID-19 Pandemic on Behavioral Rehabilitation Market:
The global economies are severely affected due to the exponential growth of COVID-19 cases in the region. The COVID-19 pandemic is expected to impact the market negatively. The COVID-19 pandemic and the subsequent economic downturn have detrimental effects on people’s mental wellness and built new barriers for those who already have a mental illness or behavioral disorders. For instance, about 4 in 10 adults in the US have reported anxiety or depressive disorder signs during the pandemic. This number has remained mostly steady, up from 1 in 10 adults who had related symptoms from January to June 2019. According to the KFF Health Tracking Poll from July 2020, various adults reported specific adverse effects on their mental health and well-being as a result of worry and stress about COVID-19, such as difficulty sleeping about 36%, eating about 32%, increasing alcohol consumption or substance use about 12%, and others.
The report segments the behavioral rehabilitation market as follows:
The behavioral rehabilitation market is segmented based on treatment, application, and healthcare setting. Based on treatment, the market is segmented into drugs, counseling and therapy services.
Based on application, the behavioral rehabilitation market is segmented into anxiety disorders, mood disorders, substance abuse disorders, personality disorders, and attention deficit disorders.
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Based on the healthcare setting, the market is segmented into outpatient behavioral rehabilitation, inpatient behavioral rehabilitation, and residential behavioral rehabilitation.
By geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South and Central America (Brazil, Argentina, and the Rest of South and Central America).
Leading Companies are:
- Springstone, Inc.
- American Addiction Centers
- Acadia Healthcare
- Universal Health Services, Inc.
- Magellan Health, Inc.
- Haven Behavioral Healthcare, Inc.
- PsychSolutions, Inc.
- BHG Holdings, LLC.
- Aurora Behavioral Health System
- Baxter Regional Medical Center
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