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Residential Substance Abuse And Mental Health Facilities Market Competitive And Growth Analysis 2024 | Kaiser Permanente, Universal Health Services Inc., Ohio Department of Mental Health and Addiction Services
"The new report published by The Business Research Company, titled Residential Substance Abuse And Mental Health Facilities Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the residential substance abuse and mental health facilities market size has grown strongly in recent years. It will grow from $118.62 billion in 2023 to $129.89 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The residential substance abuse and mental health facilities market size is expected to see strong growth in the next few years. It will grow to $172.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
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Rising Cases Of Autism And Attention Deficit And Hyperactivity Disorder (ADHD) Driving Growth In Market
Autism and Attention Deficit and Hyperactivity Disorder (ADHD) cases are increasing in most parts of the world. ADHD is defined by impaired functioning in the areas of attention, hyperactivity, and impulsivity and autism is a neurodevelopmental disorder characterized by impaired social interaction, verbal and non-verbal communication, and restricted and repetitive behavior. According to the Centers for Disease Control and Prevention (CDC), around one in every 36 children in the US has an autism spectrum disorder (ASD) in 2023. Increasing incidences of mental issues is expected to drive this market growth going forward.
Technology Driven Solutions In Substance Abuse Treatment
Medical service providers are using technology-based interventions to aid in the treatment of substance abuse patients. Technology is used to deliver interventions via digital platforms with the intention of treating substance use disorders by providing emotional, decisional, or behavioral support for physical and mental health problems. These technology-based interventions include internet technology-mediated therapy, web-based self-help interventions, and virtual therapeutic software. Also, self-guided and web-based education interventions enable people to access information about specific symptoms, diagnoses of conditions that effect on patient health and treatments and provide communication between a therapist and patient through the internet. For instance, major hospitals offering technology-based interventions for substance abuse disorders include the Mayo Clinic, Texas Medical Centre, Johns Hopkins, The London Clinic, American Hospital, and Fortis Memorial Research Institute.
The residential substance abuse and mental health facilities market covered in this report is segmented -
1) By Type: Residential Mental Health & Intellectual Disability Facilities, Substance Abuse Centers
2) By Type of Expenditure: Public, Private
3) By End User Gender: Male, Female
Subsegments Covered: Residential Intellectual And Developmental Disability Facilities, Residential Mental Health Facilities, Illicit Drugs Addiction Treatment, Alcohol Addiction Treatment, Tobacco Addiction Treatment
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Major companies operating in the residential substance abuse and mental health facilities market include Kaiser Permanente, Universal Health Services Inc., Ohio Department of Mental Health and Addiction Services, NHS England, Acadia Healthcare Company, CareTech Holdings PLC, Pyramid Healthcare, Haven Behavioral Healthcare, American Addiction Centers, Behavioral Health Network Inc. (BHN), Promises Behavioral Health, Aware Recovery Care, The MENTOR Network, Strategic Behavioral Health, Ascension Seton, North Range Behavioral Health, Phoenix House, Caron Treatment Centers, Sierra Tucson, The Meadows, Rogers Behavioral Health, Timberline Knolls Residential Treatment Center, The Ranch, The Recovery Village, Sunspire Health, Summit BHC, The Aviary Recovery Center, The Meadows, The MENTOR Network, The Pavilion.
Contents of the report:
1. Executive Summary
2. Residential Substance Abuse And Mental Health Facilities Market Report Structure
3. Residential Substance Abuse And Mental Health Facilities Market Trends And Strategies
4. Residential Substance Abuse And Mental Health Facilities Market - Macro Economic Scenario
5. Residential Substance Abuse And Mental Health Facilities Market Size And Growth
…..
27. Residential Substance Abuse And Mental Health Facilities Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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