Global Behavioural Health Market

Global Behavioural Health Market Size, Share, Growth Analysis, By Service(Home-Based Treatment Services, Outpatient counselling), By Disorder(Bipolar Disorder, Anxiety Disorder) - Industry Forecast 2023-2030


Report ID: SQMIG35D2008 | Region: Global | Published Date: September, 2022 | Pages: 165 | Tables: 69 | Figures: 75

Global Behavioural Health Market Insights

Behavioural Health Market size was valued at USD 1.99 billion in 2021 and is poised to grow from USD 2.22 billion in 2022 to USD 5.04 billion by 2030, growing at a CAGR of 10.8% in the forecast period (2023-2030).

The demand for behavioural health therapies has been driven by fast-paced lives, anxiety problems, and substance addiction. In addition, many people advocate for improving mental health and getting professional assistance. This is then anticipated to have a beneficial impact on the market for behavioural health. The provision of solutions like tele-psychiatry, digital pills, digital symptom tracking, and development of remote monitoring technologies are some of the significant market advancements. The market is significantly impacted by the use of online behavioural health resources, the rise in mental illnesses, and the evolution of programmes and awareness campaigns for mental health.

Consumer faith in herbal supplements has grown globally. They are prepared to incorporate herbal supplements into their daily diet plans, which has contributed to the market's expansion. In addition, customers are turning to more affordable solutions like herbal supplements due to high healthcare expenditures, a sedentary lifestyle, tighter government budgets, and rising prices of dietary and medical products. Herbal medicines are proving to be the most secure solution for obtaining long-lasting relief from bodily and mental illnesses.

Major drivers of market expansion include government funding, rising use of mental health software, supportive behavioural health reforms, government initiatives to encourage EHR adoption in psychiatry hospitals and facilities, and high demand for mental health services despite a shortage of providers.

Treatment of problems with mental wellbeing is probably going to get better when management software is used by healthcare practitioners. Adoption of integrated EHRs can also assist behavioural health practises in cost-saving and efficient practise management. Telemental health entails communicating with patients who are located elsewhere via video conferencing. By reducing barriers like information sharing and confidentiality—both of which are especially common in circumstances involving substance abuse—the real-time monitoring system makes it easier for patients and carers to communicate. The effectiveness and efficiency of care are improved by combining contemporary technologies with tried-and-true therapy modalities.

Market snapshot - 2023-2030

Global Market Size

USD 1.99 billion

Largest Segment

Outpatient Counselling for Behavioral Health

Fastest Growth

Outpatient Counselling for Behavioral Health

Growth Rate

10.8% CAGR

Global behavioural health Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global behavioural health Market Size by Service Type, 2021-2028 ($ Bn)
Global behavioural health Market by Service Type, 2021-2028 (%)

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Global Behavioural Health Market Segmental Analysis

The Global Behavioural Health Market is segmented on the basis of Service, Disorder, and Region. Based on Service the market is segmented into home-based treatment services, outpatient counselling, emergency mental health services, inpatient hospital treatment, and intensive care management. based on end-use the market is segmented into bipolar disorder, anxiety disorder, depression, post-traumatic stress disorder, eating disorder, substance abuse disorder, and others. Based on the region, the global market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Behavioural Health Market Analysis by Service

In terms of service, the outpatient counselling sector is expected to lead the market in 2022. Outpatient counselling services are flexible and convenient for patients and their families, which has contributed to this segment's domination. Patients are permitted to return home after each therapy session, making it the most preferred sort of service.

Behavioural Health Market Analysis by DisorderAnxiety and depression were the most prominent disorder sector in the worldwide behavioural health market in 2022, followed by substance addiction disorder. Anxiety and depression are the most frequent and widespread behavioural disorders. The greater public awareness of anxiety and depression has aided in the uptake of behavioural health treatments in the United States.

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Global Behavioural Health Market Regional Insights

In 2022, Europe led the worldwide behavioural health market. The region's market is largely driven by an increase in the prevalence of behavioural health problems such as depression and anxiety. An increase in the number of drug addiction and alcohol abuse disorder cases is also expected to fuel the regional behavioural health market. Furthermore, the existence of significant competitors and developments such as acquisitions, collaborations, and the opening of new facilities are expected to boost the European behavioural health market.

During the projected period, the North American market is expected to increase at a modest rate. Strategic initiatives such as the opening of new facilities and acquisitions are projected to boost the region's behavioural health business. In 2022, Asia Pacific will have a significant proportion of the worldwide behavioural health market. The region's market is being pushed by a rise in the number of instances of alcohol misuse and drug use disorder.

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Global Behavioural Health Market Dynamics

Behavioural Health Market Driver

Surging Demand for Behavioural Health Services due to Rise in Depression Rates across Globe

  • Depression, eating disorders, anxiety, bipolar disorder, schizophrenia, alcohol use disorders, and post-traumatic stress disorders are the disorder types defined in the worldwide behavioural health industry. In 2021, the depression sector accounted for a sizable portion of the worldwide market. From 2023 to 2030, the category is predicted to grow at a rapid pace. The global market is being propelled by an increase in the number of depression cases caused by negative thoughts, socioeconomic strain, and significant sickness.
  • Services in behavioural health include mental health, alcohol and substance misuse, depression, anxiety, post-traumatic stress disorder, schizophrenia, and eating disorders. The growth in the number of individuals, children, and the elderly suffering from significant mental disease has raised the demand for behavioural health therapy. 
  • Furthermore, the stigma associated with mental illness is fading, allowing individuals to seek treatment for mental health difficulties. Children and adults are more open to discussing difficulties and ideas with the therapist, which aids in the treatment of stress and depression. Another key reason anticipated to drive demand for mental health treatments and behavioural health services is an increase in mental health difficulties caused by stress, peer pressure, and social and economic hardship.

Behavioural Health Market Restraint

Clinical and scientific knowledge gaps to create market challenges

  • Understanding behavioural health diseases is still in the early stages of research. Behavioural disorder classifications address various causalities, and diagnoses include less defined categorizations, ambiguous thresholds between disorder and non-disorder characteristics, and frequent comorbidity when consumers come with several diseases. Even diseases with clear definitions can be difficult to classify, diagnose, and treat. 
  • As with physical health issues, data sharing across existing data sources is poor, and behavioural health information sources are not interoperable to assist clinician decision-making. Furthermore, even when data is shared, it is not always accessible to all users and systems since it is not interoperable between users and systems. Even when data is available, behavioural health issues may be underreported due to the related stigma.

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Global Behavioural Health Market Competitive Landscape

According to the research, prominent manufacturers are always improving their goods in order to attract new clients and increase their Service range in order to enhance their market position in all key nations. Besides, the rise in public and private support for specialized research provide market participants with profitable options. Furthermore, the increasing number of Service approvals, current implant developments, and technical improvements are some of the other aspects expected to contribute to a positive market outlook.

Behavioural Health Market Top Company Profiles

  • Acadia Healthcare
  • Behavioral Health Network, Inc.
  • Universal Health Services (UHS)
  • Magellan Health
  • Cigna Corporation
  • UnitedHealth Group
  • Anthem, Inc.
  • Aetna Inc.
  • Beacon Health Options
  • Optum, Inc.
  • Humana Inc.
  • Centene Corporation
  • Molina Healthcare, Inc.
  • WellCare Health Plans, Inc.
  • Bristol-Myers Squibb
  • Pfizer Inc.
  • Johnson & Johnson
  • Eli Lilly and Company
  • GlaxoSmithKline plc
  • Sanofi S.A.

Behavioural Health Market Recent Developments

  • In Januray 2022, Valley Health at Home by BAYADA is a joint venture partnership created by Universal Health Services, Inc. that will expand integrated care delivery network capabilities into patient homes.
  • In October 2021, Sevita has announced the acquisition of a number of supported living and day centre services.

Global Behavioural Health Key Market Trends

  • Prioritizing Patient Data and Privacy: On the regulatory front, the rising use of telehealth has compelled providers to prioritise patient data protection and privacy. Electronic health records (EHR) already have particular regulatory demands; telehealth services and platforms must comply with new and existing health regulatory frameworks if they are to protect your practise from harsh fines. 
  • Emergence of Big Data and Analytics: To allow risk prediction and management, big data analytics may analyse data acquired from telehealth modalities, including both objective (vital signs and ambient environment) and subjective data (symptoms and patient behaviour), as well as historical data.

Global Behavioural Health Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to the behavioural market report analysis, the key reasons in the market related with the fall in BPS values include gaps in clinical and scientific knowledge, the prevalence of ineffective and sub-scale care systems, and walled health care data management. According to macro and industry standards, the global behavioural health market is influenced by regional criteria in behavioural treatment, poor reimbursement rates, and ethical issues in psychiatric care.

Report Metric Details
Market size value in 2021 USD 1.99 billion
Market size value in 2030 USD 2.22 billion
Growth Rate 10.8%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Service
    • Home-Based Treatment Services, Outpatient counselling, Emergency mental health services, Inpatient hospital treatment, Intensive care management
  • Disorder
    • Bipolar Disorder, Anxiety Disorder, Depression, Post-Traumatic Stress Disorder, Eating Disorder, Substance Abuse Disorder, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Acadia Healthcare
  • Behavioral Health Network, Inc.
  • Universal Health Services (UHS)
  • Magellan Health
  • Cigna Corporation
  • UnitedHealth Group
  • Anthem, Inc.
  • Aetna Inc.
  • Beacon Health Options
  • Optum, Inc.
  • Humana Inc.
  • Centene Corporation
  • Molina Healthcare, Inc.
  • WellCare Health Plans, Inc.
  • Bristol-Myers Squibb
  • Pfizer Inc.
  • Johnson & Johnson
  • Eli Lilly and Company
  • GlaxoSmithKline plc
  • Sanofi S.A.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Behavioural Health Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Behavioural Health Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Behavioural Health Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Behavioural Health Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Behavioural Health Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Behavioural Health Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

The behavioral health market is projected to grow at a CAGR of 3.10% during the forecast period of 2022-2029.

Limited access to mental health providers, lack of trained mental health care provider, low awareness regarding treatment option among general population and limitation of primary care services are major challenges for the Behavioural Health Market.

Behavioural Health Market size was valued at USD 1.99 billion in 2021 and is poised to grow from USD 2.22 billion in 2022 to USD 5.04 billion by 2030, growing at a CAGR of 10.8% in the forecast period (2023-2030).

According to the research, prominent manufacturers are always improving their goods in order to attract new clients and increase their Service range in order to enhance their market position in all key nations. Besides, the rise in public and private support for specialized research provide market participants with profitable options. Furthermore, the increasing number of Service approvals, current implant developments, and technical improvements are some of the other aspects expected to contribute to a positive market outlook. 'Acadia Healthcare', 'Behavioral Health Network, Inc.', 'Universal Health Services (UHS)', 'Magellan Health', 'Cigna Corporation', 'UnitedHealth Group', 'Anthem, Inc.', 'Aetna Inc.', 'Beacon Health Options', 'Optum, Inc.', 'Humana Inc.', 'Centene Corporation', 'Molina Healthcare, Inc.', 'WellCare Health Plans, Inc.', 'Bristol-Myers Squibb', 'Pfizer Inc.', 'Johnson & Johnson', 'Eli Lilly and Company', 'GlaxoSmithKline plc', 'Sanofi S.A.'

Depression, eating disorders, anxiety, bipolar disorder, schizophrenia, alcohol use disorders, and post-traumatic stress disorders are the disorder types defined in the worldwide behavioural health industry. In 2021, the depression sector accounted for a sizable portion of the worldwide market. From 2023 to 2030, the category is predicted to grow at a rapid pace. The global market is being propelled by an increase in the number of depression cases caused by negative thoughts, socioeconomic strain, and significant sickness.

Prioritizing Patient Data and Privacy: On the regulatory front, the rising use of telehealth has compelled providers to prioritise patient data protection and privacy. Electronic health records (EHR) already have particular regulatory demands; telehealth services and platforms must comply with new and existing health regulatory frameworks if they are to protect your practise from harsh fines. 

In 2022, Europe led the worldwide behavioural health market. The region's market is largely driven by an increase in the prevalence of behavioural health problems such as depression and anxiety. An increase in the number of drug addiction and alcohol abuse disorder cases is also expected to fuel the regional behavioural health market. Furthermore, the existence of significant competitors and developments such as acquisitions, collaborations, and the opening of new facilities are expected to boost the European behavioural health market.

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