$4550
$2730
The behavioral rehabilitation market is expected to grow from US$ 350.63 million in 2021 to US$ 540.84 million by 2028; it is estimated to grow at a CAGR of 6.4% during 2021 to 2028.
People may get into several behavioral addictions for various reasons, severely affecting their health and well-being from a long-term perspective. Behavioral rehabilitation is a fiercely used methodology to retrieve patients from behavioral habits. Behavioral addictions are the same as substance misuse addictions. Patients usually need to undergo different methodological courses and medications. Behavioral rehabilitation activities are prescribed for an extended period. Rehabilitation therapy is implemented by professionals who understand specific addictions.
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Behavioral Rehabilitation Market: Strategic Insights
Market Size Value in US$ 350.63 Million in 2021 Market Size Value by US$ 540.84 Million by 2028 Growth rate CAGR of 6.4% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Behavioral Rehabilitation Market: Strategic Insights
Market Size Value in | US$ 350.63 Million in 2021 |
Market Size Value by | US$ 540.84 Million by 2028 |
Growth rate | CAGR of 6.4% from 2021 to 2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
Akshay
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Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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An increase in the prevalence of behavioral disorders, easy availability of behavioral rehabilitation therapies, and a rise in the number of product launches are driving the market.
Behavioral Rehabilitation Market
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Market Insights
Availability of Behavioral Rehabilitation Therapies
Behavioral disorders are a common issue among children and adolescents across the world. It involves a pattern of disruptive behaviors that last for at least six months, causing problems for them at home, in school, and in other social situations. Disruptive behavioral disorders (DBDs) contribute significantly to the vast array of diseases among children and adolescents. Categorized as psychiatric disorders, DBDs mainly include conduct disorder (CD) and oppositional defiant disorder (ODD).
According to the Center for Disease Control and Prevention (CDC), 5.1% of all US children, aged 4-17 years, have been reported as having severe emotional or behavioral difficulties by their parents. Emotional and behavioral disorders affect 10–15% of children worldwide, the National Institute of Mental Health (NIMH) stated in a recent report. Another common behavioral disorder, obsessive-compulsive disorder (OCD), affects around 2–3% of people in the US. Among adults, the number of affected females is slightly more than males. OCD often begins in childhood, adolescence, or early adulthood; the average age when symptoms appear is 19 years old
Many researches show that addiction and depression are treatable. The National Institute on Drug Abuse (NIDA), which supports more than 85% of the world's research on drug abuse and addiction, has found that counseling therapy services is the most effective treatment approach. Treatments for behavioral disorders mainly focus on behavioral treatment and medication. Parent management training and family therapy are considered quite effective for managing behavioral disorders. Cognitive behavioral therapy treatment has surfaced as the most used mechanism for managing the symptoms of behavioral disorders.
Application-Based Insights
Based on application, the behavioral rehabilitation market is segmented into anxiety disorders, mood disorders, substance abuse disorders, personality disorders, and attention deficit disorders. The anxiety disorders segment held the largest market share in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Behavioral Rehabilitation Market, by Application – 2021 and 2028
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Treatment-Based Insights
In terms of treatment, the behavioral rehabilitation market is segmented into drugs, and counselling and therapy services. The counselling and therapy service segment held the largest market share in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Healthcare Setting-Based Insights
Based on healthcare setting, the behavioral rehabilitation market is segmented into outpatient behavioral rehabilitation, inpatient behavioral rehabilitation, and residential behavioral rehabilitation. The outpatient behavioral rehabilitation segment held the largest market share in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Product launches is the most commonly adopted strategy by companies to expand their footprints and product portfolios in the market. Moreover, the companies have implemented various inorganic strategies such as mergers and acquisitions, and partnerships. For instance, in March 2019, the FDA approved Johnson & Johnson Health Care Systems Inc.'s Spravato (esketamine) nasal spray to treat depression in adults.
Company Profiles
- Springstone, Inc.
- American Addiction Centers
- 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 Center
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Treatment, Application, Healthcare Setting
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, RoAPAC, RoE, RoMEA, RoSCAM, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The behavioral rehabilitation market based on treatment is segmented into counseling therapy services and drugs. In 2021, the counseling therapy services segment accounted for the highest share, moreover, the same segment is expected to grow at a CAGR of 6.7% in the forecast period.
The behavioral rehabilitation market Springstone, Inc, American Addiction Centers, Acadia Healthcare, Universal Health Services, Inc., Magellan Health, Inc., Haven Behavioral Healthcare, Inc., Psychsolutions, Inc., BHG Holdings, LLC., Aurora Behavioral Health System, and Baxter Regional Medical Center.
The factors that are driving and restraining factors that will affect the behavioral rehabilitation market in the coming years. Factors such as the increasing prevalence of behavioral disorders, rising numbers of product launches and easy availability of behavioral rehabilitation therapies. However, the impact of stigma attached to behavioral disorders is expected to hampers the behavioral rehabilitation market.
The behavioral rehabilitation market. People may get into several behavioral addictions for various reasons, severely affecting their health and well-being from a long-term perspective. Behavioral rehabilitation is a fiercely used methodology to retrieve patients from behavioral habits. Behavioral addictions are the same as substance misuse addictions and usually need them to undergo different methodological courses and medications. Behavioral rehabilitation activities are prescribed for an extended period. Rehabilitation therapy is implemented by professionals who understand specific addictions.
The List of Companies - Behavioral Rehabilitation Market
- Springstone, Inc.
- American Addiction Centers
- 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 Center
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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