Scope of the Study
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.
The market study is being classified, by Application (Anxiety, Mood, Substance Abuse, Personality and Attention Deficit Disorders) and major geographies with country level break-up. According to AMA, the Global Behavioral Rehabilitation market is expected to see growth rate of 7.0%
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 profiled in the study. Additionally, the Players which are also part of the research are American Addiction Centers Inc. (United States).
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. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Behavioral Rehabilitation market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Behavioral Rehabilitation market by Type, Application 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 2018. Europe on the other hand stood as second largest market due to the presence of key companies into 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.
- Rising Occurrence of Behavioral Disorders
- Growing Accessibility of Therapies for Behavioral Rehabilitation
- Rising Government Initiatives towards Behavioral Rehabilitation
- Growing Incidences of Depression
- Increasing Preferences of Partial Hospitalization Programs (PHP)
- Advent of Online Counselling
- Dearth of Awareness of Behavioral Disorders
- Lack of Proper Reimbursement
- Technological Advancement in Healthcare Expenditure in Emerging Economics
- Impact of Stigma on People with Behavioral Disorder
Market Leaders and their expansionary development strategies
On 2nd May 2019, Central Iowa and Universal Health Services held a ceremonial groundbreaking for their new 100-bed behavioral health, serving Central Iowa and the surrounding region. The new facility, named Clive Behavioral Health, is a partnership of MercyOne and UHS to address the growing, unmet need for accessible, high-quality and advanced behavioral health services.
On 31st July 2018, Universal Health Services, Inc. has announced that, through its UK subsidiary Cygnet Health Care, it has acquired The Danshell Group ("Danshell").
Key Target AudienceService Providers, Industry Associations, Private and Government Research Associations, Government Regulatory Bodies and Others
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