Behavioral Health Market Size to Surpass USD 296.28 BN by 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:
Behavioral Health Market Report Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 164.03 Billion |
| Market Size by 2032 | USD 296.28 Billion |
| Growth Rate From 2023 to 2032 | CAGR of 6.79% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Service, Disorder, End-Users |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Regional Scope | North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
| Key Companies Profiled | 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 |
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:
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
By Disorder Type
By End-Users
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Behavioral Health Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Behavioral Health Market
5.1. Covid-19: Behavioral Health Industry Impact
5.2. Behavioral Health Business Impact Assessment: Covid-19
5.2.1. Market Trends and Behavioral Health Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Behavioral Health Manufacturers to deal with Covid-19 Pandemic Scenario
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Global Behavioral Health Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Behavioral Health Market Revenue by Manufacturer (2019-2022)
7.1.1.2. Behavioral Health Market Revenue Market Share by Manufacturer (2019-2022)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Behavioral Health Market, By Services
8.1. Behavioral Health Market, by Services, 2023-2032
8.1.1. Home-Based Treatment Services
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Outpatient Counselling
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Emergency Mental Health Services
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Inpatient Hospital Treatment
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Intensive Care Management
8.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Behavioral Health Market, By Disorder
9.1. Behavioral Health Market, by Disorder, 2023-2032
9.1.1. Bipolar Disorder
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Anxiety Disorder
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Depression
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Post-Traumatic Stress Disorder
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Eating Disorder
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Substance Abuse Disorder
9.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Behavioral Health Market, By End-User
10.1. Behavioral Health Market, by End-User, 2023-2032
10.1.1. Outpatient Clinics
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Hospitals
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Rehabilitation Centers
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Homecare Setting
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Behavioral Health Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Product (2020-2032)
11.1.2. Market Revenue by Disorder (2020-2032)
11.1.3. Market Revenue Forecast by End-User (2020-2032)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2020-2032)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2020-2032)
11.2. Europe
11.2.1. Market Revenue Forecast by Product (2020-2032)
11.2.2. Market Revenue by Disorder (2020-2032)
11.2.3. Market Revenue Forecast by End-User (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2020-2032)
11.2.4.2.
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2020-2032)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2020-2032)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Product (2020-2032)
11.3.2. Market Revenue by Disorder (2020-2032)
11.3.3. Market Revenue Forecast by End-User (2020-2032)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2020-2032)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2020-2032)
11.4. LATAM
11.4.1. Market Revenue Forecast by Product (2020-2032)
11.4.2. Market Revenue by Disorder (2020-2032)
11.4.3. Market Revenue Forecast by End-User (2020-2032)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2020-2032)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2020-2032)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Product (2020-2032)
11.5.2. Market Revenue by Disorder (2020-2032)
11.5.3. Market Revenue Forecast by End-User (2020-2032)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2020-2032)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2020-2032)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2020-2032)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2020-2032)
Chapter 12. Company Profiles
12.1. Acadia Healthcare
12.1.1. Company Overview, Business Information, Manufacturing Area
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Disorder
12.1.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.1.4. Recent Developments and Strategies
12.2. CareTech Holdings plc
12.2.1. Company Overview, Business Information, Manufacturing Area
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Disorder
12.2.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.2.4. Recent Developments and Strategies
12.3. Elements Behavioral Health
12.3.1. Company Overview, Business Information, Manufacturing Area
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Disorder
12.3.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.3.4. Recent Developments and Strategies
12.4. Epic Health Services
12.4.1. Company Overview, Business Information, Manufacturing Area
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Disorder
12.4.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.4.4. Recent Developments and Strategies
12.5. Pyramid Healthcare
12.5.1. Company Overview, Business Information, Manufacturing Area
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Disorder
12.5.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.5.4. Recent Developments and Strategies
12.6. Universal Health Services
12.6.1. Company Overview, Business Information, Manufacturing Area
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Disorder
12.6.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.6.4. Recent Developments and Strategies
12.7. Company 7
12.7.1. Company Overview, Business Information, Manufacturing Area
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Disorder
12.7.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.7.4. Recent Developments and Strategies
12.8. Company 8
12.8.1. Company Overview, Business Information, Manufacturing Area
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Disorder
12.8.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.8.4. Recent Developments and Strategies
12.9. Company 9
12.9.1. Company Overview, Business Information, Manufacturing Area
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Disorder
12.9.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.9.4. Recent Developments and Strategies
12.10. Company 10
12.10.1. Company Overview, Business Information, Manufacturing Area
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Disorder
12.10.3. Revenue, Production Capacity, Price and Gross Margin (2019-2022)
12.10.4. Recent Developments and Strategies
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers