Behavioral Health Market

Global Behavioral Health Market Size, Share & Trends Analysis Report By Age Group, By Disorder (Substance Abuse Disorders, Alcohol Use Disorders, Eating Disorders, ADHD and Others), By Service, By Regional Outlook and Forecast, 2023 - 2030

Report Id: KBV-21551 Publication Date: April-2024 Number of Pages: 267
2022
USD 59.8 Billion
2030
USD 105.3 Billion
CAGR
7.5%
Historical Data
2019 to 2021

Market Report Description

The Global Behavioral Health Market size is expected to reach $105.3 billion by 2030, rising at a market growth of 7.5% CAGR during the forecast period.

Home-based treatment allows for a more personalized and patient-centered approach, where individuals can receive care in a safe, comfortable, and healing setting. Consequently, the home-based treatment services segment captured $11,216.0 million revenue in the market in 2022. Many individuals prefer receiving behavioral services in the comfort and familiarity of their own homes rather than in traditional clinical settings.

Behavioral Health Market Size - Global Opportunities and Trends Analysis Report 2019-2030

The major strategies followed by the market participants are Mergers, Acquisition & Joint Venture as the key developmental strategy to keep pace with the changing demands of end users. For instance, In June, 2022, Universal Health Services and Trinity Health Michigan jointly opened a new freestanding inpatient behavioral health hospital in Byron Center, enhancing patient access to care. Named Southridge Behavioral Hospital, the facility housed up to 96 beds, including the 60 adult beds and 24 geriatric beds previously approved by MDHHS. Additionally, In January, 2022, Acadia Healthcare Company, Inc. completed the acquisition of CenterPointe Behavioral Health System, intending to broaden its facilities and services to accommodate more patients.

KBV Cardinal Matrix - Market Competition Analysis

Based on the Analysis presented in the KBV Cardinal matrix; Oracle Corporation is the forerunners in the Market. Companies such as Ascension Health, Inc., Centene Corporation and Universal Health Services, Inc. are some of the key innovators in Market. For Instance, In January, 2022, Centene Corporation acquired Magellan Health, Inc. This acquisition allows Centene to offer comprehensive, integrated healthcare solutions aimed at improving health outcomes and reducing costs for complex, high-cost populations.

Behavioral Health Market - Competitive Landscape and Trends by Forecast 2030

COVID-19 Impact Analysis

The pandemic exacerbated existing mental health challenges and triggered new ones, leading to a surge in demand for behavioral services. Elevated levels of depression, anxiety, and various other mental health issues are linked to several factors, including social isolation, economic uncertainty, sorrow, and dread of sickness. Addressing the unique needs of these populations, such as providing targeted interventions, culturally competent care, and social support services, is essential to mitigating disparities in mental health outcomes. Thus, the COVID-19 pandemic positively impacted the market. 

Market Growth Factors

By identifying mental health concerns in their early stages, individuals have a greater chance of benefiting from timely interventions and achieving positive outcomes. Resilience-building programs, such as stress management, mindfulness, and social support initiatives, help individuals develop the skills to navigate life’s difficulties and maintain mental wellness. Hence, the growing focus on prevention and early intervention drives the market’s growth.

Additionally, there is growing recognition of mental health as a critical component of overall health and well-being at the global level. as per the data from the Australian Government, the country spent an estimated $241.3 billion on health goods and services in 2021–22 – an average of approximately $9,365 per person. The real growth (adjusted for inflation) in total health spending (recurrent and capital) was 6.0% more than in 2020–21. In conclusion, the increasing investment in global healthcare infrastructure drives the market’s growth.

Market Restraining Factors

Many insurance plans offer limited coverage for mental health services compared to other medical services. Higher copayments, coinsurance rates, and deductibles for mental health care can result in greater out-of-pocket expenses for individuals seeking treatment, making care less affordable and accessible. Hence, the high cost of care is impeding the market’s growth.

Driving and Restraining Factors
Behavioral Health Market
  • Increasing prevalence of mental health disorders
  • Growing focus on prevention and early intervention
  • Increasing investment in global healthcare infrastructure
  • High cost of mental disorder care
  • Data privacy concerns related to the behavioral health services
  • Expansion of the telehealth and digital health solutions
  • Integration of behavioral health into primary care
  • Prevailing complexity of co-occurring disorders
  • Stigma and discrimination related to mental health

By Age Group Analysis

By age group, the market is divided into pediatric, adult, and geriatric. In 2022, the adult segment registered the 55.5% revenue share in the market. As individuals mature, they become more attuned to their mental health and recognize the impact of symptoms on their daily functioning, relationships, and overall well-being.

By Disorder Analysis

Based on disorders, the market is divided into alcohol use disorders, substance abuse disorders, eating disorders, ADHD, and others. The alcohol use disorders segment attained a 13.48% revenue share in the market in 2022. There has been a documented increase in the prevalence of alcohol use disorders globally.

Behavioral Health Market Share and Industry Analysis Report 2022

By Service Analysis

Based on service, the market is categorized into emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services, and others. In 2022, the inpatient hospital treatment services segment registered the 34.47% revenue share in the market.

Free Valuable Insights: Global Behavioral Health Market size to reach USD 105.3 Billion by 2030

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region generated a 25.67% revenue share in the market. The Europe region is experiencing rapid demographic changes, including population growth, urbanization, and aging populations.

Market Competition and Attributes

Behavioral Health Market Competition and Attributes

The market competition in the Behavioral Health sector is characterized by a dynamic landscape with a mix of established players and emerging startups vying for market share. Established healthcare organizations, mental health clinics, and hospitals continue to offer traditional behavioral services, while digital health startups and telehealth platforms are introducing innovative solutions such as virtual therapy sessions, mental health apps, and remote monitoring tools. Regulatory changes, increasing demand for mental health services, and evolving consumer preferences are driving intense competition, prompting companies to differentiate through product innovation, strategic partnerships, and customer-centric approaches to address the growing needs in the behavioral health space.

Behavioral Health Market Report Coverage
Report Attribute Details
Market size value in 2022 USD 59.8 Billion
Market size forecast in 2030 USD 105.3 Billion
Base Year 2022
Historical Period 2019 to 2021
Forecast Period 2023 to 2030
Revenue Growth Rate CAGR of 7.5% from 2023 to 2030
Number of Pages 267
Number of Tables 392
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Age Group, Disorder, Service, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Egypt, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Ascension Health, Inc., Universal Health Services, Inc., Oracle Corporation, Centene Corporation, Acadia Healthcare Company, Inc., Behavioral Health Services Inc., Pyramid Healthcare, Inc., Bright Harbor Healthcare, Core Solutions Inc., ContinuumCloud, LLC (Welligent Inc.)
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

Recent Strategies Deployed in the Market

  • Feb-2024: Pyramid Healthcare, Inc. acquired Mountaineer Recovery Center in Kearneysville, WV, to strengthen its reputation for quality treatment services. The integrated Pyramid Healthcare Mountaineer Residential and Outpatient Treatment Centers provide various programs, including outpatient and intensive outpatient services, residential treatment, medication-assisted treatment, life skills training, and peer recovery support for adult men and women.
  • Jan-2024: Ascension Seton collaborated with Acadia Healthcare and formed a joint venture to enhance behavioral healthcare access in Austin, Texas. This initiative aimed to expand Acadia's operations at Cross Creek Hospital and boost the number of inpatient behavioral beds in Austin, ultimately increasing access to vital behavioral health services across the region.
  • Nov-2023: ContinuumCloud, LLC came into partnership with Eleos Health, a leading AI provider for behavioral health, to streamline clinical workflows, boost provider efficiency, and minimize manual tasks.
  • Jul-2023: Acadia Healthcare Company, Inc. announced the opening of its latest joint venture hospital, Geisinger Behavioral Health Center Northeast, in Moosic, Pennsylvania. This facility is the first of two hospitals built under the collaboration with Geisinger. The second hospital, Geisinger Behavioral Health Center Danville, a 96-bed facility in Danville, Pennsylvania, is under development and set to open in 2025. Additionally, the new hospital will function as a teaching facility for students and residents from Geisinger’s College of Health Sciences.
  • Jun-2023: Acadia Healthcare Company, Inc. partnered with SolutionHealth, the parent company of Southern New Hampshire Health and Elliot Health System, to construct a new 144-bed inpatient hospital in southeastern New Hampshire. This initiative aims to address the community's need for behavioral healthcare services, enhancing accessibility and reducing waiting times for behavioral health triage in emergency departments.

List of Key Companies Profiled

  • Ascension Health, Inc.
  • Universal Health Services, Inc.
  • Oracle Corporation
  • Centene Corporation
  • Acadia Healthcare Company, Inc.
  • Behavioral Health Services Inc.
  • Pyramid Healthcare, Inc.
  • Bright Harbor Healthcare
  • Core Solutions Inc.
  • ContinuumCloud, LLC (Welligent Inc.)

Behavioral Health Market Report Segmentation

By Age Group

  • Adult
  • Geriatric
  • Pediatric

By Disorder

  • Substance Abuse Disorders
  • Alcohol Use Disorders
  • Eating Disorders
  • ADHD
  • Others

By Service

  • Inpatient Hospital Treatment Services
  • Outpatient Counselling
  • Home-based Treatment Services
  • Emergency Mental Health Services
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Egypt
    • South Africa
    • Nigeria
    • Rest of LAMEA

Frequently Asked Questions About This Report

The Market size is projected to reach USD $105.3 billion by 2030.

Increasing prevalence of mental health disorders are driving the Market in coming years, however, Data privacy concerns related to the behavioral health services restraints the growth of the Market.

Ascension Health, Inc., Universal Health Services, Inc., Oracle Corporation, Centene Corporation, Acadia Healthcare Company, Inc., Behavioral Health Services Inc., Pyramid Healthcare, Inc., Bright Harbor Healthcare, Core Solutions Inc., ContinuumCloud, LLC (Welligent Inc.)

The Substance Abuse Disorders segment is leading the Market by Disorder in 2022; thereby, achieving a market value of $60.4 billion by 2030.

The North America region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $48.0 billion by 2030.

HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo