Behavioural Health Treatment Market to Witness Below-Par 1.2X Growth by 2027

Posted by Preet on January 13th, 2020

Fact.MR’s Report on Global Behavioural Health Treatment Market

In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global behavioural health treatment market considering 2020–2027 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

Urban lifestyle has induced negative health conditions like anxiety, post-traumatic stress and depression in general public. These health conditions are known to the primary cause of suicides. OECD conducted a study which states that investment of US4Bn is made on ill mental health treatment annually in UK. However, the cases have not decreased and rate of issues like anxiety disorders and depression have increased. Increase in rate generates plethora of opportunities for players in the behavioral health treatment market.

Fact.MR report highlights anxiety as a common disorder in comparison to other issues like depression. Multitasking in fast paced life is known to be the primary factor responsible for the increased rate of mental disorders. Many mental health patients refrain from taking medical help due to the social stigmas associated with such illness. These stigmas are expected to contribute in the sluggish growth of behavioral health treatment market during the forecast period 2020-2027.

Social stigmas impact developing nations

Tele psychiatry has emerged as one of the viable treatment option in the market. This concept is brought in by the on-demand model of mental illness treatment. Tele psychiatry facilitates patients with home-based treatment services which are preferred for their comfort and cost-benefits. Patient does not have to step out to seek any medical professional which helps him to maintain secrecy about his/her condition.

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Also, Tele psychiatry gives the advantages of reduced wait time and immediate help. Fact.MR report predicts that home-based treatment services will grow at 3% CAGR during the forecast period. However, social taboos associated with mental health have strong hold in people. The social stigmas have strong influence in regions like Asia Pacific. Developing economies are most affected by it. Many factors like improper counselling and insufficient care limit the growth of behavioral health treatment market. They also negatively influence the revenue generated in the global market.

The behavioural health treatment market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing behavioural health treatment market?
• How does the global behavioural health treatment market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2027?
• What innovative products are being introduced by the players in the global behavioural health treatment market?
• Which regions are showing the fastest market growth?

On the basis of disorder type, the behavioural health treatment market study consists of

• Depression
• Anxiety
• Schizophrenia
• Bipolar Disorders
• Alcohol Use Disorders
• Substance Abuse Disorders
• Eating Disorders
• Post-traumatic Stress Disorder (PSTD)

On the basis of service type, the behavioural health treatment market study incorporates:

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

Crucial insights in the behavioural health treatment market research:

• Underlying macro- and microeconomic factors impacting the growth of the behavioural health treatment market.
• Basic overview of the behavioural health treatment market, including market definition, classification, and applications.
• Scrutinization of each behavioural health treatment market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of behavioural health treatment market across various industries.
• Important regions and countries offering lucrative opportunities to behavioural health treatment market stakeholders.

Reasons to choose Fact.MR:

• Exhaustive research regarding the market to offer A to Z information.
• Digital technologies to provide innovative business solutions to the clients.
• 24/7 availability of services.
• Interaction with suppliers, vendors, and service providers for precise market landscape.
• Reports tailored as per the requirements of the clients.