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Psychiatric Hospitals in the US - Industry Market Research Report

  • ID: 239717
  • Report
  • Region: United States
  • 36 pages
  • IBISWorld
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<p>The diagnosis: Reduced stigma toward mental illness is expected to continue bolstering demand</p>

Psychiatric Hospitals in the US

The Psychiatric Hospitals industry is made up of hospitals that specialize in the treatment of mental illness and behavioral health. The industry is mainly supported by government-sponsored healthcare, which accounts for nearly two-thirds of mental healthcare spending in the United States, according to the US Department of Health and Human Services. As a result, the expansion of Medicare and Medicaid has had a significant effect on the Psychiatric Hospitals industry. Over the five years to 2024, the sustained influx of patients resulting from expanded public and private healthcare coverage and prevalence of mental illness is projected to bolster revenue. Industry merger and acquisition activity has increased over the past five years, largely because psychiatric healthcare providers have sought to maintain their bargaining power with increasingly consolidated managed-care organizations.

This industry includes establishments licensed to provide diagnostic and medical treatment, in addition to monitoring services for inpatients suffering from mental illness or substance abuse disorders. These establishments maintain inpatient beds and a staff of physicians. Facilities that emphasize counseling for mental health and substance abuse rather than medical treatment are not included in the industry (report 62322).

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.

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ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • Universal Health Services Inc.
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