Behavioral Health Market on the Rise: Expected to Cross USD 66.6 Billion by 2031, Claims AMR

The behavioral health market was valued at $41.7 billion in 2021, and is estimated to reach $66.6 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.

Behavioral health refers to a person’s overall emotional and mental well-being, encompassing mental health and substance use disorders. It plays a vital role in promoting healthier lives, stronger families, and safer communities through prevention, early intervention, treatment, and recovery approaches. Common behavioral disorders include substance abuse, gambling addiction, self-injury, and eating disorders, among others. While these conditions can be serious and recurring, they are treatable, and individuals can achieve full recovery. Service providers prioritize addressing individuals’ needs and the relationship between behavioral health and physical health conditions. They are increasingly utilizing electronic health records and other technologies to support prevention, treatment, and recovery efforts.

• CAGR: 4.7%
• Current Market Size: USD 41.7 Billion
• Fastest Growing Region: APAC
• Largest Market: North America
• Projection Time: 2022-2031
• Base Year: 2021

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KEY FINDINGS OF STUDY

• By disorder, the substance abuse disorders segment accounted for major share of the global behavioral health market size in 2021.
• By service, the emergency mental health services segment is anticipated to grow with the highest CAGR during the forecast period.
• By age group, adult segment occupied major share of the global behavioral health market in 2021 and is expected to remain dominant during the forecast period.
• Asia-Pacific is anticipated to grow at the highest rate during the behavioral health market forecast period.

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Major Key Behavioral Health Market Players in the Industry –

• Acadia Healthcare
• Ascension
• Behavioral Health Network, Inc.
• Behavioral Health Services Inc.
• Bright Harbor Healthcare
• Caretech Holdings PLC
• Centene Corporation
• Civitas Solutions Inc.
• Core Solutions Inc.
• Elevance Health
• North Spring Behavioral Healthcare
• Oracle Corporation
• Promises Behavioral Health
• Pyramid Healthcare, Inc.
• Strategic Behavioral Health LLC
• Universal Health Services, Inc.
• Welligent Inc.

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Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the behavioral health market analysis from 2021 to 2031 to identify the prevailing behavioral health market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the behavioral health market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global behavioral health market trends, key players, market segments, application areas, and market growth strategies.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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