Press release
Residential Substance Abuse And Mental Health Facilities Market Analytics 2020-23: Healthcare Services And Its Detail Analysis By Focusing On Key Players Like National Health Service; Universal Health Services; Genesis Healthcare
The Business Research Company offers " Residential Substance Abuse And Mental Health Facilities Global Market Report 2020-30: COVID-19 Implications and Growth" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global residential substance abuse and mental health facilities market is expected to grow from $77.3 billion in 2019 to $86.4 billion in 2020 at a compound annual growth rate (CAGR) of 11.9%. The growth can be attributed to the continued services being provided by the residential substance abuse and mental health facility services during the COVID-19 outbreak. The impact of COVID-19 has caused stress, anxiety, and depression in many patients. The mental health condition of patients with preexisting mental health issues has also worsened due to covid impact. Therefore, people with substance abuse and mental health are advised to continue their treatment during Covid-19, and the service providers are permitted to continue providing their services following the recommendations and guidelines issued by health authorities. The market is then expected to grow at a CAGR of 6% from 2021 and reach $101.8 billion in 2023.
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The residential substance abuse and mental health facility services market consists of sales of residential substance abuse and mental health facility services and related goods by entities (organizations, sole traders and partnerships) that provide residential substance abuse and mental health facility services. This industry includes establishments that provide residential mental health & intellectual disability facility services and substance abuse centers that offer treatment to drug addicted patients, counseling and other support services to mentally challenged patients.
Online tools and telehealth consultations are offering access to mental health experts to individuals dealing with mental illness. It is also an ideal tool for individuals who prefer anonymity. A recent study published by the Journal of Substance Abuse Treatment found that live Internet-based chemical dependency treatment performed well compared to traditional face-to-face counseling. California-based CRC Health Group is one of the leading providers of online treatment in this field..
Residential Substance Abuse And Mental Health Facilities Market Segmentation: -
By Type
1. Residential Mental Health & Intellectual Disability Facilities
2. Substance Abuse Centers
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Few Points From Table Of Content:
1. Executive Summary
2. Report Structure
3. Residential Substance Abuse And Mental Health Facilities Market Characteristics
4. Residential Substance Abuse And Mental Health Facilities Market Product Analysis
5. Residential Substance Abuse And Mental Health Facilities Market Supply Chain
...........
20. Residential Substance Abuse And Mental Health Facilities Market Competitive Landscape
21. Key Mergers And Acquisitions In The Residential Substance Abuse And Mental Health Facilities Market
22. Market Background: Healthcare Services Market
23. Recommendations
24. Appendix
The report covers the trends and market dynamics of the residential substance abuse and mental health facility services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the residential substance abuse and mental health facility services market are National Health Service; Universal Health Services; Acadia Healthcare Company Inc; Kindred Healthcare Inc.; Genesis Healthcare
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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