(MENAFN- GlobeNewsWire - Nasdaq) Several factors have allowed for such growth including increased understanding of behavioral health through advancements in psychology and improved public awareness about mental disorders.Westford, USA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that Behavioral Rehabilitation market Size will attain the value of USD 646.44 Billion by 2031 , with a CAGR of 6.9% during the forecast period (2024-2031). The behavioral rehabilitation industry is expected to grow rapidly in the coming years. Behavioral problems are expected to increase, and consequently this will drive growth in the behavioral rehabilitation market. Behavioral disorders are a group of illness characterized by negative emotions as well as actions that significantly impair an individual's ability to perform normally every day and enjoy existence.
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Pages – 183 Tables - 89 Figures – 71
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Behavioral Rehabilitation Market Overview:
| Report Coverage | Details |
| Market Revenue in 2023 | USD 396.52 Billion |
| Estimated Value by 2031 | USD 646.44 Billion |
| Growth Rate | Poised to grow at a CAGR of 6.9% |
| Forecast Period | 2024–2031 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Behavioral Disorder, Healthcare, End User and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
| Report Highlights | Integration of AI and Machine Learning in Diagnosis and Treatment |
| Key Market Opportunities | Rise of Digital Therapeutics and Telehealth Solutions |
| Key Market Drivers | Increasing Mental Health Awareness |
Substance Abuse Disorder Segment to Dominate Due to Growing Demand for Efficient and Durable Restoration Solutions
As per behavioral rehabilitation market outlook, substance abuse disorder accounted for the largest share, and continues to dominate the market. The behavioral rehabilitation market is characterized by a focus on personalized treatments, with innovations in the substance abuse industry related to telemedicine. It dominates the global behavioral rehabilitation market due to the rising global addiction crisis, particularly opioid abuse, necessitating comprehensive rehabilitation services to meet escalating demand for effective and long-term recovery solutions.
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Inpatient Behavioral Rehabilitation Segment is Growing Due to Increased Distress in Serious Conditions
The behavioral rehabilitation market is highly anticipated to witness significant growth of inpatient behavioral rehabilitation segment due to to an increase in the occurrence of acute mental illnesses and drug addiction cases treated by means of comprehensive 24/7 interventions. The strong need for a structured and supportive environment has led to soaring demands that have become increasing preoccupations for comprehensive treatment of complex conditions such as opioid addiction and severe depression.
North America is Dominating Due to High Awareness of Dementia
The behavioral rehabilitation market is led by North America due to a variety of factors including high awareness of dementia, well-established healthcare systems, and high government spending on mental health and medication for abuse treatment programs. The burden of anxiety, depression and opioid dependence is high in the region particularly in the United States where the opioid crisis has increased demand for all types of rehabilitation services. Moreover, growth in telehealth, increased adoption of outpatient care, and strong focus on early intervention have fueled the growth of the market.
Behavioral Rehabilitation Market Insights
Drivers
Increasing Mental Health Awareness Growing Awareness and Decreasing Stigma Supportive Government Initiatives and Funding
Restraints
High Treatment Costs Limited Access in Rural Regions Shortage of Skilled Professionals
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Prominent Players in Behavioral Rehabilitation Market
Acadia Healthcare Universal Health Services, Inc. Cerner Corporation Kaiser Permanente Tenet Healthcare Corporation HCA Healthcare Providence St. Joseph Health The Priory Group Elysium Healthcare MediSprout Bupa Global Alina Health Cedar Recovery LifeStance Health Teladoc Health Magellan Health, Inc. American Addiction Centers BHG Holdings, LLC Aurora Health Care Castle Craig Hospital
Key Questions Answered in Behavioral Rehabilitation Market Report
What are the key growth factors of the market? Which is the fastest growing region in the market? Who are the key restraints of the market? What is the current size of the market?
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This report provides the following insights:
Analysis of key drivers (increasing mental health awareness, growing awareness and decreasing stigma), restraints (high treatment costs, limited access in rural regions), opportunities (rise of digital therapeutics and telehealth solutions) influencing the growth of Behavioral Rehabilitation Market.
Market Dynamics : Comprehensive information about the various products offered by the dominant players in the Behavioral Rehabilitation Market. Product Development/Innovation : An overview of emerging trends, R&D activities and product launches in the Behavioral Rehabilitation Market. Market Growth : Detailed information on profitable growing industries. Market Trends : Complete information about new products, emerging geographical areas and recent developments in the market. Competitive Analysis : An in-depth analysis of the market segments, growth strategies, revenue analysis, and products of the key market players.
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