Behavioural Health Services Market to see Huge Growth by 2029

Behavioural health services market is anticipated to grow at a significant CAGR during the forecast period. The market is expected to be driven by the increasing prevalence of mental disorders coupled with the surging demand for behavioural health treatment across the globe. According to the World Health Organization (WHO), depression is a common disease globally, with an estimated 3.8% of the population affected, including 5.0% among adults and 5.7% among adults older than 60 years. Around 280 million people across the globe have depression. This represents a potential market prospect for the global behavioural health services market. Growing awareness regarding behavioural health issues is further expected to accelerate market growth.

These opportunities are expected to forge a new future in behavioural health issues globally. For instance, insurers leverage the array of data at their fingertips to establish new relationships with members, allowing for preventive interventions to address behavioural health needs. Care providers are combining an array of new technologies into their practice to provide personalized care to their patients which is also creating new market opportunities in the global behavioural health services market. Moreover, government policymakers facilitate deeper partnerships across industry players by enabling them to create shared ethical and regulatory frameworks focused on innovative behavioural health technology. Additionally, organizations across the globe are offering differentiated behavioural health support to their employees that improve performance and retention; thereby, escalating the behavioural health services market growth.

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Market Coverage

· The market number available for - 2021-2029

· Base year- 2020

· Forecast period- 2023-2029

· Segment Covered

· Regions Covered- Globally

Competitive Landscape: Acadia Healthcare, Universal Health Services, Inc., and Magellan Health Inc., among others.

Behavioural Health Services Market by Segment

By Service Type

• Outpatient Counselling

• Intensive Case Management

• Home-based Treatment Services

• Emergency Mental Health Service

• Others

By Type

• Anxiety Disorder

• ADHD

• Bipolar Disorders

• Depression

• Others

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Behavioural Health Services Market by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

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