The United States Behavioral Rehabilitation Market size is estimated at USD 91.87 billion in 2024, and is expected to reach USD 112.42 billion by 2029, growing at a CAGR of 4.12% during the forecast period (2024-2029).
The market is driven by factors, such as the growing number of rehabilitation centers across the country, and the increasing prevalence of behavioral disorders and drug abuse.
Individuals with an anxiety disorder are three to five times more likely to visit the doctor and six times more likely to be hospitalized for psychiatric conditions than those who do not have anxiety disorders. The roots of anxiety disorders are presently unknown but probably involve a combination of factors, including genetic, psychological, environmental, and developmental. Furthermore, an increase in research and development on the treatment of anxiety disorders, due to the overall increasing prevalence is expected to drive the studied market's growth, over the forecast period.
This product will be delivered within 2 business days.
The market is driven by factors, such as the growing number of rehabilitation centers across the country, and the increasing prevalence of behavioral disorders and drug abuse.
Key Highlights
- With the evolution done in behavioral health since the last decade, immense changes have been made in terms of treatment for behavioral disorders and its rehabilitation. The current state indicates that there has been a growing awareness of the issue, and more Americans are now getting coverage for the behavioral diseases as well.
- According to the statistics provided by the National Institute of Mental Health, in 2018, every year, a large number of people are being diagnosed with mental illnesses in the United States. According to the US Department of Health and Human Services (DHHS), one in every five (20%) children and adolescents suffers from mental health disorders at some point in their life. There are also new trends coming up in the market that has been fueling the market growth.
US Behavioral Rehabilitation Market Trends
Anxiety Disorder is Expected to Showcase a High CAGR During the Forecast Period
Anxiety disorders are different from normal feelings of anxiousness and involve excessive anxiety or fear. According to Our World in Data, an estimated 284 million people have experienced an anxiety disorder in 2017, globally, making it the most prevalent mental health or neurodevelopmental disorder. Whereas, the Anxiety and Depression Association of America stated that anxiety disorders are the most common mental illness in the United States, affecting 40 million adults age 18 and older, i.e., 18.1% of the population each year. Even though anxiety disorders are very much treatable, only 36.9% of those suffering receive treatment.Individuals with an anxiety disorder are three to five times more likely to visit the doctor and six times more likely to be hospitalized for psychiatric conditions than those who do not have anxiety disorders. The roots of anxiety disorders are presently unknown but probably involve a combination of factors, including genetic, psychological, environmental, and developmental. Furthermore, an increase in research and development on the treatment of anxiety disorders, due to the overall increasing prevalence is expected to drive the studied market's growth, over the forecast period.
US Behavioral Rehabilitation Industry Overview
The United States behavioral rehabilitation market is moderately competitive and consists of several major players. Some of the companies that are currently dominating the market are AAC Holdings Inc., Acadia Healthcare, Addiction Campuses, Aurora Behavioral Health System, Behavioral Health Group, Haven Behavioral Healthcare Inc., and Universal Health Services Inc., among others.Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Methodology
LOADING...
