Behavioral Health Market Size, Share By Service Type (Inpatient Hospital Treatment, Outpatient Counselling, Home-Based Treatment Services, Emergency Mental Health Services, Intensive Care Management), By Disorder (Anxiety Disorder, Bipolar Disorder, Depression, Eating Disorder, Post-Traumatic Stress Disorder, Substance Abuse Disorder and Others), By End User Type (Outpatient Clinics, Rehabilitation Centers, Hospitals, Homecare Setting)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

The global behavioral health market size was estimated at USD 53.60 billion in 2022 and is expected to surpass around USD 296.28 billion by 2032 and poised to grow at a compound annual growth rate (CAGR) of 6.79% during the forecast period 2023 to 2032.

Key Takeaways:

• North America was the dominating behavioral health market in 2022.
• Asia Pacific is estimated to be the fastest-growing market during the forecast period.
• Depending on the service, the inpatient services segment dominated the global mental health market in 2022.
• The home-based treatment services segment is estimated to grow at the highest CAGR within the forecast period.
• Based on the disorder, the depression & anxiety segment dominated the global mental health market in 2022.
• The outpatient clinics is predicted to occupy the largest market share in the year 2022 and will uphold this trend within the forecast year.

Behavioral Health Market Report Scope

Behavioral health is defined as the connection between behavior and the health and well-being of the body, mind and spirit. This is projected to include how behavior like eating habits, drinking or exercising impact physical or mental health. It mainly refers to the mental health, psychiatric, marriage & family counseling and addiction treatment. It includes services provided by social workers, counselors, psychiatrists, neurologists and physicians. Some of the known causes of behavioral health disorders include early adverse life experiences, such as trauma and a history of abuse, old experiences related to chronic medical conditions, such as cancer or diabetes, biological factors or chemical imbalance in the brain, use of alcohol or drugs, having feelings of loneliness or isolation. Behavioral health services can be used to treat a wide range of psychological conditions and disorders that include alcohol and substance use disorders, attention-deficit/hyperactivity disorder (ADHD), and eating disorders.

The global behavioral health market size is anticipated to exhibit significant growth during the forecast period, owing to increase in prevalence of destructive behavior, increase in number of substance abuse and increase in the demand for behavioral health services.

Furthermore, the penetration of digital technologies such as telehealth, development of new treatments for behavioral health and increased funding to treat behavioral health issues are considerably contributing toward the growth of behavioral health market size. However, availability of alternative health therapies for behavioral disorders and high cost of service associated with the behavioral healthcare are negatively impacting the market behavioral health market share. Conversely, the introduction of telehealth for behavioral health care offers lucrative behavioral health market opportunity.

Service Type Insights

Depending on the service, the inpatient services segment dominated the global mental health market in 2022. The longer stays in the hospitals generates higher amount of revenues for the hospitals. Inpatient services are the primary source of revenue for the hospitals. The average length of stays are for 10 to 13 days. Patients with serious mental illness stays longer and their chances of re-admission is also higher. Thus, the high potential of revenue generation is associated with the inpatient segment, which has resulted in the dominance of this segment.

This research study segments the global market based on various parameters such as service type, disorder type, and end-user. Depending on service type, this market is classified into Inpatient hospital treatment, intensive care management, home-based treatment services, outpatient counselling, and emergency mental health services. The home-based treatment services segment is estimated to grow at the highest CAGR within the forecast period. The growth is mainly associated with public awareness and various government programs run across the city to opt for the treatment. At, the present the public is also quite aware and keen to take care of both health and mind. Home-based treatment services is gaining rapid traction in the market. The children and teen patients feel more comfortable in a home care setting and parents are also there to ensure the safety of their child in a home-based therapy. The conveniences associated with the home-based treatment services is boosting its demand and hence this segment is estimated to be the fastest-growing segment during the forecast period.

Disorder Type Insights

In terms of the disorders, the behavioural health market is classified into anxiety disorder, bipolar disorder, depression, eating disorder, post-traumatic stress disorder, substance abuse disorder, and others.

Based on the disorder, the depression & anxiety segment dominated the global mental health market in 2022. The increased prevalence of depression among the population is supporting the growth of this segment. According to the World Health Organization, around 5% of the global adult population and around 5.7% of the geriatric population is suffering from depression. Therefore, the rising geriatric population is also expected to contribute towards the market growth as depression is higher in the elderly people. Furthermore, there is an interrelationship between the physical health and the mental health. The physical health problems can lead to mental health problems. Therefore, the rising prevalence of various chronic diseases is also estimated to have a positive impact on the growth of the depression segment. Anxiety is a kind of behavioural disorder characterized by excessive down emotions with nervousness, fear, and worry. A recent study has shown there is a huge spike in Anxiety patients in the last decades. These patients also shown the symptoms of panic attacks, OCD(obsessed thoughts), and post-traumatic disorders.

On the other hand, the substance abuse disorders is estimated to be the most opportunistic segment during the forecast period. This is attributed to the rising prevalence of drug abuse or substance abuse amongst the young population in the developed and the developing nations. According to the World Health Organization, over 180,000 deaths were directly linked to the drug use disorders in 2019, across the globe.

Application Insights

Depending on end-users the global behavioural health market is categorized into outpatient clinics, rehabilitation centers, hospitals (emergency), and homecare settings. The outpatient clinics is predicted to occupy the largest market share in the year 2022 and will uphold this trend within the forecast year. Rapid technological advancement and the penetration of the internet are considered the mark key for both self as well as for creating awareness across the world.

Regional Insights

Behavioral health becomes an important aspect of global studies. North America does the most quality studies related to behavioral health and its impact on society. United States also proved to be quicker acceptance and implication of the technological advanced products. As per the WHO, it is found that costs for the treatment for the behavioral disorders prove to be much higher compared to the other major chronic condition. As per the study, it is also concluded that around 36% of the U.S. population suffering from some kind of mental disorder in their lifetime. A rising percentage of the geriatric population in Europe is also considered as a major concern that promotes the growth of mental disorders.

North America was the dominating behavioral health market in 2022. The increased prevalence of various mental health problems in US has resulted in the dominance of North America in the global mental health market. According to the National Center for Health Statistics, suicide rate has increased by around 35% from 1999 to 2018. Suicide is a result of depression & anxiety and suicide is the tenth-leading cause of death in the US. Moreover, the rising cases of substance abuse in US is also contributing exponentially towards the market growth. According to the Substance Abuse and Mental Health Services Administration (SAMHSA), every 1 in 4 individual in US has substance use disorder. According to the National Center for Drug Abuse Statistics, around 31.9 million people in US use illegal drugs and around 8.1 million of them have a drug use disorder. The presence of developed healthcare infrastructure in the region, increased awareness regarding mental health, improved access to mental health services, higher healthcare expenditure, and increasing geriatric population are some of the prominent factors that drives the growth of the North America behavioral health market.

Asia Pacific is estimated to be the fastest-growing market during the forecast period. Asia Pacific is witnessing rising cases of mental health disorders owing to the rising cases of physical health illnesses and disability and rising consumption of illicit drugs. The presence of huge youth population coupled with rising consumption of alcohol and substance abuse. The rising prevalence of depression is resulting in the rising number of suicide cases. According to the World Health Organization, around 77% of the global suicide incidences occur in low and middle income countries. Furthermore, the rising awareness regarding mental health and growing investments in the development of healthcare infrastructure in the region is expected to boost the behavioral health market growth in Asia Pacific. A large pool of population exists in Asia pacific, with rapid economical development followed by increasing per-capita healthcare expenditure considered as one of the major driving factors for the growth of the behavioral health market.

Some of the prominent players in the Behavioral Health Market include:

• Universal Health Services, Inc.,
• Magellan Health Inc.,
• National Mentor Holdings Inc.,
• Behavioral Health Network Inc.,
• North Range Behavioral Health,
• Behavioral Health Services Inc.,
• Acadia Healthcare Co.,
• Seton Healthcare Family and Beacon Health Strategies

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Behavioral Health market.

By Service Type

• Home-Based Treatment Services
• Outpatient Counselling
• Emergency Mental Health Services
• Inpatient Hospital Treatment
• Intensive Care Management

By Disorder Type

• Bipolar Disorder
• Anxiety Disorder
• Depression
• Post-Traumatic Stress Disorder
• Eating Disorder
• Substance Abuse Disorder
• Others

By End-Users

• Outpatient Clinics
• Hospitals
• Rehabilitation Centers
• Homecare Setting

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)