The Psychologists, Social Workers and Marriage Counselors industry includes nonphysician mental health practitioners that diagnose and treat mental, emotional and behavioral disorders. Due to the necessity of industry services, the industry generally thrives even during poor economic conditions. For example, mental health services are in high demand during the currently inflationary environment due to stresses caused by the uncertain future. No wonder industry revenue will grow at a CAGR of 5.0% to $26.2 billion in 2023, including 2.3% in 2023 alone.Helping out: An acceleration in the number of privately insured individuals will boost industry demand
This industry is composed of mental health practitioners that diagnose and treat mental, emotional and behavioral disorders brought about by mental illness, substance abuse or physical and emotional trauma. These practitioners include psychologists, social workers and marriage counselors. The industry excludes mental health professionals that have a Doctor of Medicine degree or a Doctor of Osteopathy degree.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Magellan Health, inc.
- FHC Health Systems Inc.
- New Directions Behavioral Health, LLC
- Integrated Behavioral Health Inc.
- Deer Oaks EAP Services LLC
- Employee Resource Systems Inc.
- Empathia Inc.
Methodology
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