North America Behavioral Rehabilitation Market Predicted to Grow at a CAGR of 6.2% CAGR | Springstone, Inc., American Addiction Centres, Acadia Healthcare

The behavioral rehabilitation market is projected to reach US$ 224.72 million by 2028 from US$ 147.47 million in 2021; it is expected to grow at a CAGR of 6.2% from 2021 to 2028.

Factors such as an increase in the prevalence of behavioral disorders and easy availability of behavioral rehabilitation therapies are driving the market. Moreover, the rising government initiatives is expected to foster market growth during the forecast period. However, the stigma attached to behavioral disorders and the lack of awareness regarding behavioral disorders hamper the market growth. The US is witnessing a rise in the demand for behavioral rehabilitation products. Growing prevalence of behavioral disorders and increasing awareness about the available therapeutic options are the major driving factors.

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The Anxiety and Depression Association of America (ADAA) states that anxiety disorders are the most common mental illnesses in the US, affecting 40 million adults aged 18 and older, i.e., 18.1% of the population each year. Although anxiety disorders are very much treatable, only 36.9% of those suffering receive treatment, according to the Anxiety and Depression Association of America.

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Major key players covered in this report:

• Springstone, Inc.
• American Addiction Centres
• 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 Centre

The North America behavioral rehabilitation market is segmented based on treatment, application, and healthcare setting. Based on treatment, the market is segmented into counselling therapy services and drugs. The counselling therapy services segment would hold a larger market share in 2021 and is anticipated to register a higher CAGR during 2021–2028. In terms of application, the market is segmented into anxiety disorders, mood disorders, substance abuse disorders, personality disorders, and attention deficit disorders. The anxiety disorders segment would hold the largest market share in 2021, contributing a market share of 35.36%. The segment is expected to account for a market share of 37.13% by 2028.

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This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Behavioral Rehabilitation market.

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