Quick Summary:
In an era that continues to emphasize the importance of mental health, the global market for Psychiatric and Substance Abuse Hospitals stands as a promising investment opportunity. Guided by a comprehensive examination of market trends, growth drivers, and challenges, this report provides critical insights into a sector projected to reach a revised size of $42 billion by 2030.
Key market segments such as Alcoholism and Drug Addiction Rehabilitation Hospitals are thoroughly analysed, detailing their respective growth rates and contributions to the overall market. Geographic markets hold significant influence over the market dynamics; our report unravels these factors with an in-depth focus on major economies including the U.S, China, Japan, Canada, and Germany. Also incorporated are profiles of leading competitors, putting an indispensable tool for strategic decision-making right at your fingertips. Capitalize on the opportunities within this dynamic market, backed by our comprehensive research and expertise.
Global Psychiatric and Substance Abuse Hospitals Market to Reach $42 Billion by 2030
The global market for Psychiatric and Substance Abuse Hospitals estimated at US$29.3 Billion in the year 2022, is projected to reach a revised size of US$42 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Alcoholism Rehabilitation Hospitals, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$13.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Drug Addiction Rehabilitation Hospitals segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 7.3% CAGR
The Psychiatric and Substance Abuse Hospitals market in the U.S. is estimated at US$8.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.Select Competitors (Total 46 Featured) -
- HCA Healthcare
- NSW Health
- Queensland Health
- Tenet Healthcare Corporation
- Universal Health Services Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Psychiatric and Substance Abuse Hospitals?
What is the growth rate of the Global Market for Psychiatric and Substance Abuse Hospitals?
What is the forecasted size of the Global Market for Psychiatric and Substance Abuse Hospitals?
Who are the key companies in the Global Market for Psychiatric and Substance Abuse Hospitals?
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 29.3 Billion |
| Forecasted Market Value ( USD | $ 42 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- HCA Healthcare
- NSW Health
- Queensland Health
- Tenet Healthcare Corporation
- Universal Health Services Inc.
