Latest News- Behavioral Health Market in US: Inpatient hospital treatment services is expected to lead the End-user segment during 2025-2029

The Behavioral Health Market in US is being driven by Increasing prevalence of behavioral disorders

The Behavioral Health Market in US is expected to grow at a CAGR of 4.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 9172 million. In the rapidly evolving healthcare landscape, digital solutions are gaining traction for addressing behavioral health concerns in the US market. Teletherapy, comprising mobile applications and online video conferencing, is increasingly utilized by medical professionals to diagnose and treat behavioral disorders. These platforms enable therapists to deliver personalized treatment plans, including the innovative Reset application, designed for outpatient therapy to tackle substance use disorders related to alcohol, cocaine, marijuana, and stimulants. The convenience and accessibility of these digital therapeutic tools enhance patient engagement and improve overall care delivery. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Inpatient hospital treatment services
  • Outpatient counselling
  • Home-based treatment services
  • Emergency mental health services
• Type
  • Substance abuse disorders
  • Alcohol use disorders
  • Eating disorders
  • ADHD
  • Others
• Age Group
  • Adult
  • Geriatric
  • Pediatric
• Geography
  • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prevalence of behavioral disorders
• Increase in awareness regarding behavioral health treatment
• Rising insurance coverage for substance abuse treatment

However, the market also witnesses some limitations, which are as follows:

• Shortage of skilled professionals in medical sector
• Delay in diagnosis of behavioral health disorders
• High cost of behavioral health treatment

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Market Scope in Behavioral Health Market in US Research Report

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Research Analysis Overview

The Behavioral Health Market in the US encompasses various holistic approaches to wellness, including stress management. Conditions treated range from Bipolar Disorder and Post-Traumatic Stress Disorder to Eating Disorders, Obsessive-Compulsive Disorder, and Attention-Deficit/Hyperactivity Disorder. Autism Spectrum Disorder, Developmental Disabilities, Geriatric Psychiatry, Perinatal Mental Health, Forensic Psychiatry, and Biopsychosocial Assessment are also covered. Therapies include Group Therapy, Family Therapy, Motivational Interviewing, Mindfulness-Based Stress Reduction, Interpersonal Therapy, and Psychotropic Medications. Mood Stabilizers, Opioid Use Disorder, Alcohol Use Disorder, Drug Abuse, Harm Reduction, Peer Support, and Support Groups are essential components. Suicide Prevention, Crisis Hotline, Public Health, Health Disparities, Healthcare Access, Health Equity, and Community Resources complete the spectrum of services offered in this market.

Market Research Overview

The Behavioral Health Market in the US is a significant segment of the larger Life Sciences Tools and Services industry. This market encompasses organizations and solutions dedicated to research, development, and delivery of services related to Mental Health, Substance Use Disorder, and Mental Wellness. Key offerings include Virtual Care, Social Work, and Cognitive Behavioral Therapy. Market expansion is propelled by demographic shifts, specifically the aging population, leading to increased demand for Mental Health services. Additionally, the integration of technology in healthcare, such as virtual care, is driving innovation and growth within the Behavioral Health Market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/