Behavioral Rehabilitation Market report provides emerging opportunities in the market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. The Behavioral Rehabilitation Industry report assesses key opportunities in the market and outlines the factors that are and will be driving the growth.
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Description of Behavioral Rehabilitation Market: The behavioral rehabilitation market is expected to witness a CAGR of 7% during the forecast period. North America dominates the global market due to the high incidence of behavioral disorders in the United States.
Growing Prevalence of Behavioral Disorders
According to the U.S. Department of Health and Human Services (DHHS), it is estimated that one in every five (20%) children and adolescents has a mental health disorder at some point in their life from childhood to adolescence. At least, one in 10, or about 6 million people have a serious emotional disturbance at some point in their life. Estimating the prevalence of behavioral rehabilitation disorders in children is critical, as it helps in providing mental health treatments they need. Several internet interventions have been developed for the treatment of common mental disorders. They help in remote monitoring of the patient, and thus are easily accessible by them. Also, these online counseling sessions are cost-effective.
Additionally, increasing availability of therapies for behavioral rehabilitation, increasing preferences of partial hospitalization programs (PHP) and rising government initiatives for behavioral disorders helps in the growth of the market.
Lack of Awareness of Behavioral Disorders
According to Mental Health America, 26.2% of the American population is suffering from a diagnosable mental health or addiction disorder, which is equal to 59 million Americans. However, 52% of Americans are not seeking any help for mental problems. This lack of proper awareness of behavioral disorder is restraining the growth of behavioral rehabilitation market. Many people with serious behavioral rehabilitation are facing challenges such as the struggle with the symptoms disorders, and on the other hand, they are challenged by stereotypes and prejudice that are a result of misconceptions about these behavioral disorders. Thus, the impact of stigma on people with behavioral disorders is restraining the behavioral rehabilitation market.
Additionally, lack of proper reimbursement is also restraining the growth of behavioral rehabilitation market, globally.
North America is Dominating the Market
North America is dominating behavioral rehabilitation market as rising incidences of mental disorders and availability of treatment, which are driving factors responsible for the high market share. Also, government initiatives are driving the growth of the market. The Affordable Care Act categorizes behavioral disorders as essential healthcare, which helps in covering major parts of the treatment.
Global Behavioral Rehabilitation Market: Manufacturers Segment Analysis (Company and Product introduction, Behavioral Rehabilitation Sales Volume, Revenue, Price and Gross Margin):
- ACADIA HEALTHCARE
- UNIVERSAL HEALTH SERVICES INC.
- MAGELLAN HEALTH INC.
- PSYCHIATRIC SOLUTIONS INC.
- CRC HEALTH
- AURORA BEHAVIORAL HEALTH SYSTEM
- BEHAVIORAL HEALTH GROUP
- HAVEN BEHAVIORAL HEALTHCARE INC.
- SPRINGSTONE INC.
- AMERICAN ADDICTION CENTERS INC
The Behavioral Rehabilitation Market Report Also Provides the information from raw materials to downstream buyers of this industry, which will be, analyzed scientifically, the feature of product circulation and sales channel will be presented as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Behavioral Rehabilitation market.
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The Global demand for Behavioral Rehabilitation Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2023 compared to a few years ago, signifying the rapid pace of change.
Behavioral Rehabilitation Market Historic Data (2012-2018):
- Industry Trends: Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Behavioral Rehabilitation Market Forecast (2018-2023):
- Market Size Forecast: Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
Behavioral Rehabilitation Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
In addition, company-to-company comparison (Company benchmarking) and product-to-product comparison (Product benchmarking) are included in the research work. It presents key competitive factors that are vital for companies to excel in challenging market conditions.