Increasing number of internet-counselling services, day care services and home care services especially in the developing countries has been significantly boosting the revenue growth of behavioural health market across the globe. Apart from this, social acceptance of the behavioural health issues has been creating favorable growth opportunities for the global market.
Future Market Insights did a thorough analysis on the report named behavioural health market. This in-depth analysis is likely to be valuable for the end-users as well on a larger basis. Detailed study on the behavioural health market has benefitted the analysts in reaching to a certain conclusion with regards to figures and facts on the behavioural health market across the globe. Based on in-depth analysis, the behavioural health market will be witnessed expanding at a sluggish CAGR of 3.4% throughout the forecast period, 2018-2028. Also, the behavioural health market is expected to touch a valuation of closely US$ 156.3Bn by 2028-end.
Introducing technologically efficient, innovative as well as advanced behavioural health will be taken up as an evolving trend. As a result, the new developments are likely to influence the growth of behavioural health market on a larger basis across the globe. Immense efforts have been taken up by our analysts to meet the existing as well as developing concerns of the market watchers and industry business associates, completely in relation to the behavioural health market across the globe.
Have you found out as to what has been trending in the behavioural health market?
Yes. Our analysts did. Increasing exposure to alcohol and drugs, especially amongst the young adults as well as firming up insurance coverage policies with regards to mental health has been witnessed as the key trends in the behavioural health market across the globe.
Mention the main factors that are contributing towards the development of behavioural health market.
Well, analysis shows that increasing number of cases with regards to mental illness has been significantly contributing towards the development of behavioural health market across the globe. Rise in the number of rehabilitation programs and campaigns to grow awareness amongst the consumers of drugs, alcohol and related products is expected to positively impact the growth of behavioural health market.
Point out the major factors regarding regional landscape that would benefit the growth of behavioural health market.
As per the in-depth analysis, North America will be dominating the behavioural health market during the forecast period. Apart from this, APEJ region is expected to create lucrative growth opportunities for behavioural health market in the forthcoming years.
Mention the main factors that are hampering the development of behavioural health market.
Well, analysis shows that lack of awareness with regards to the treatment option of behavioural health, limited primary care services, shortage of professional mental health care providers and most of all, limited access to the mental health providers has been significantly hampering the development of behavioural health market across the globe.
Is it possible for you to enlist the key players operating in the behavioural health market?
Very much. Our analysts have enlisted Ocean Mental Health Services Inc., North Range Behavioral Health, National Mentor Holdings Inc., Acadia Healthcare Co., Inc., Seton Healthcare Family(Ascension Health), Behavioral Health Network Inc. and Magellan Health Inc. among others as the key players operating in the behavioural health market.
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