Skip to main content

US Behavioral Health Market Size worth USD 99.40 Billion in 2028 | Size, Share, Growth & Forecast

Written by Customer Service on . Posted in Mergers And Acquisitions.

The US Behavioral Health Market size is projected to grow from USD 77.62 billion in 2021 to USD 99.40 billion in 2028

Pune, India, Jan. 31, 2022 (GLOBE NEWSWIRE) — The US Behavioral Health Market size is projected to grow from USD 77.62 billion in 2021 to USD 99.40 billion in 2028. Nowadays, clinicians are integrating unique technologies with their treatment procedures to provide better care delivery models to patients. In April 2021, for instance, Life Clips, Inc.’s subsidiary Cognitive Apps Software unveiled the Yuru 3-in-1 tool. It will be used to manage and understand one’s mental health. It was developed by a team of psychotherapists for providing assistance. As per a published report by Fortune Business Insights™, titled, “US Behavioral Health Market, 2021-2028,” the market stood at USD 68.79 billion in 2020. It is set to exhibit a CAGR of 3.6% in the forecast period between 2021-2028.

Report Coverage-

The report involved four notable activities in projecting the current market size. Exhaustive secondary research was conducted to gather data about the peer markets. Our next step included primary research to authenticate these sizing, assumptions, and findings with numerous industry experts. We have also used bottom-up and top-down approaches to calculate the size of this industry.


Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/u-s-behavioral-health-market-105298


Drivers & Restraints-

Expansion of Insurance Coverage & Digital Services to Augment Growth

The availability of cost-effective scientific technologies and shifting cultural changes are expected to result in the higher access of behavioral healthcare services in the U.S. Also, companies are investing huge sums to broaden their services included in insurance coverages. It would help several people to get the required treatment. The COVID-19 pandemic has resulted in the surging adoption of digital solutions for treatment services. Brightside, a popular app used for treating depression and stress showcased a surge of 50% in new users during the early pandemic phase. On the contrary, shortage of data and lack of R&D activities regarding these disorders may hamper the US Behavioral Health Market growth in the near future.

Segments-

Increasing Prevalence of Mental Illness to Drive Behavioral & Mental HealthSegment

Based on the type, the U.S. behavioral health industry is segmented into behavioral & mental health, substance abuse, eating disorders, trauma/PTSD, and others. Amongst these, the behavioral & mental health segment procured 49.0% in terms of the US Behavioral Health Market share in 2020. It is set to retain its dominant position in the upcoming years on account of the surging cases of mental illness. The National Alliance on Mental Illness (NAMI) declared that every year, more than 43 million Americans suffer from mental illnesses.


To get to know more about the short-term and long-term impact of COVID-19 on this market,

Please Visit: https://www.fortunebusinessinsights.com/u-s-behavioral-health-market-105298


Competitive Landscape-

Key Companies Aim to Offer Novel Treatment Options through Mergers & Acquisitions

Prominent organizations operating in this industry are striving persistently to deliver state-of-the-art treatment options for various disorders. Universal Health Services is one of the leading companies in the market. It possesses a large number of facilities across the U.S. Some of the other companies are focusing on mergers and acquisitions to strengthen their positions. Below is one of the industry developments:

  • December 2020: IBH Population Health Solutions acquired HMC HealthWorks to broaden its robust capabilities in EAP and Opioid & Pain Management and Managed Behavioral Health segments. It would help the company to provide digitally sophisticated, whole person focused and comprehensive products and services.

Acadia Healthcare Acquires Adventist Health Vallejo to Provide Better Service to Patients

In February 2021, Adventist Health Vallejo, a psychiatric hospital based in the U.S. signed an agreement with Acadia Healthcare. It will enable the former to sell its behavioral health services to the latter. Acadia will be able to strengthen the former’s capabilities to deliver premium substance use and behavioral health services. As per a company official, “This acquisition would help Acadia to bring in its expertise to meet the needs of the community. It would also enable the company to broaden its services.”


List of Key Players in US Behavioral Health Market:

  • Universal Health Services (King of Prussia, PA)
  • Behavioural Health Group Inc.(Dallas, Texas)
  • Acadia Healthcare (Franklin, Tennessee)
  • American Addiction Centers (Tennessee, U.S)
  • IBH (Irvine, CA)
  • CuraLinc Healthcare (Chicago, Illinois)
  • Behavioural Health Systems (Birmingham, Alabama)
  • North Range Behavioural Health (Greeley, Colorado)
  • Other Prominent Players


Speak To Our Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/u-s-behavioral-health-market-105298 


Major Table of Contents:

  • Introduction
    • Market Scope
    • Market Segmentation
    • Market Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Reimbursement and Regulatory Overview
    • Recent Industry Developments- Mergers, Acquisitions, and Partnerships
    • Statistics Related to Mental Health, Opioid Addiction, etc.
    • Impact of COVID-19 on the Market
  • S. Behavioral Health Market Analysis, Insights and Forecast, 2017-2028
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Type
      • Behavioral & Mental Health
    • Substance Abuse
    • Eating Disorders
    • Trauma/PTSD
    • Others
  • Market Analysis, Insights and Forecast – By Payor
    • Public Health Insurance
    • Private Health Insurance/Out-of-Pocket
  • Competitive Analysis
    • Key Industry Developments
    • S Market Share Analysis (2020)
    • Company Profiles (Overview, Product Types & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability))
      • Universal Health Services Inc.
      • Behavioral Health Group Inc
      • Acadia Healthcare Company Inc
      • American Addiction Centers
      • Integrated Behavioral Health (IBH)
      • CuraLinc Healthcare
      • Behavioral Health Systems, Inc.
      • North Range Behavioral Health
      • Other Prominent Players
    • Strategic Recommendations


Ask for Customization of this Report: https://www.fortunebusinessinsights.com/enquiry/customization/u-s-behavioral-health-market-105298


About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.