Analysts’ Viewpoint on Behavioral Health Market Scenario
The global behavioral health market is driven by the rise in incidence of mental health disorders such as anxiety and depression across the globe. Government agencies across the globe are taking several initiatives to tackle the issue of mental health. Mental health counseling has become the need of the hour, with an increase in the number of children, adults, and geriatric population facing serious mental health issues. Investments in the field have also enabled the expansion of community-based psychiatric care. Stakeholders should focus on offering telepsychiatry services for their patients in order to increase their revenue share in the global behavioral health market.
Behavioral health refers to a person’s overall well-being and ability to respond to situations in life. Behavioral health issues affect an individual’s mental and physical well-being. The behavioral health market includes disorders such as depression, anxiety, schizophrenia, bipolar disorder, alcohol use disorders, substance use disorders, eating disorders, and post-traumatic stress disorder (PSTD). Increase in investment in behavioral health and expansion of behavioral health facilities have helped service providers enhance health care delivery.
Behavioral health services comprise mental health, alcohol & substance abuse, depression, anxiety, post-traumatic stress disorder, schizophrenia, and eating disorder services. Rise in number of adults, children, and elderly people with serious mental illness has increased the need for behavioral health treatment. Additionally, the stigma of mental illness is decreasing, enabling patients to seek treatment for mental health issues. Youngsters and adults are more open to expressing issues and thoughts to the therapist, which helps them overcome stress and depression. Rise in mental health issues due to stress, peer pressure, and social & economic hardship is another major factor likely to boost the demand for mental health therapeutics and behavioral health services. Demand for mental disorder drugs is rising in developing countries. According to the WHO, anxiety and depression have a significant economic impact. Harassment and bullying at work are other key issues that adversely affect mental health.
Telepsychiatry is a field of telemedicine that applies modern technologies to the delivery of health care services for mental illnesses. It facilitates immediate response to patient needs, thereby minimizing emergency admissions. This type of modern technology and telecommunication is one of the key contributors to the increase in interaction between psychiatrists and patients. Several mental health service providers offer telepsychiatry in various health care settings such as outpatient clinics, emergency departments, and military bases. Growth in awareness about the advantages of telepsychiatry such as control and immediate patient care among mental health service providers is anticipated to drive the adoption of telepsychiatry, especially in developed countries. Mental health software is increasingly used by medical professionals to understand mental patterns of patients in order to offer them accurate treatment.
In terms of disorder type, the global behavioral health market has been classified into depression, anxiety, schizophrenia, bipolar disorder, alcohol use disorders, eating disorders, and post-traumatic stress disorders. The depression segment accounted for large share of the global market in 2021. The segment is expected to expand at a high CAGR from 2022 to 2031. Rise in number of depression cases due to negative thoughts, socioeconomic pressure, and serious illness is propelling the global market.
Based on service type, the global behavioral health market has been divided into inpatient hospital treatment services, outpatient counseling, emergency mental health services, and home-based treatment services. The outpatient counseling segment held major share of the global market in terms of revenue in 2021. This trend is likely to continue during the forecast period. Advantages of outpatient counseling over inpatient treatment such as low cost, high level of privacy, and flexible schedule as per treatment are likely to fuel the segment.
Europe dominated the global behavioral health market in 2020. The market in the region is primarily driven by the rise in prevalence of behavioral health disorders such as depression and anxiety. Increase in number of substance abuse and alcohol abuse disorder cases is also projected to drive the behavioral health market in the region. Additionally, presence of key players and developments such as acquisitions, partnerships, and the launch of new facilities are projected to propel the behavioral health market in Europe.
The market in North America is anticipated to grow at a moderate pace during the forecast period. Strategic developments such as launch of new facilities and acquisitions are expected to augment the behavioral health market in the region. Asia Pacific accounted for key share of the global behavioral health market in 2021. The market in the region is driven by the increase in the number of alcohol abuse and substance use disorder cases.
The global behavioral health market is consolidated, with a large number of small players accounting for major share. Key players operating in the global behavioral health market include Acadia Healthcare, Ascension Seton, Behavioral Health Network, Inc., CareTech Holdings plc, North Range Behavioral Health, Promises Behavioral Health, Pyramid Healthcare, Inc., Sevita, and Universal Health Services, Inc. Leading market players have adopted growth strategies such as new product development, product launches, product approval, agreement, partnerships, and mergers & acquisitions.
Each of these players has been profiled in the behavioral health market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
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Attribute |
Detail |
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Market Size Value in 2021 |
US$ 205.08 Bn |
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Market Forecast Value in 2031 |
US$ 262.24 Bn |
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Growth Rate (CAGR) |
2.6% |
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Forecast Period |
2022–2031 |
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Historical Data Available for |
2017–2021 |
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Quantitative Units |
US$ Bn for Value |
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Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
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Competition Landscape |
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Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon request |
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Pricing |
Available upon request |
The global behavioral health market was valued at US$ 205.08 Bn in 2021
The global market is projected to reach more than US$ 262 Bn by 2031
The global behavioral health market expanded at a CAGR of 1.6% from 2017 to 2021
The global behavioral health market is anticipated to expand at a CAGR of 2.6% from 2022 to 2031
The outpatient counselling segment accounted for more than 30% share of the global behavioral health market in 2021
Europe is expected to account for major share of the global market during the forecast period.
Prominent players in the global behavioral health market include Acadia Healthcare, Ascension Seton, Behavioral Health Network, Inc., CareTech Holdings plc, North Range Behavioral Health, Promises Behavioral Health, Pyramid Healthcare Inc., Sevita, and Universal Health Services, Inc.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Behavioral Health Market
4. Market Overview
4.1. Introduction
4.1.1. Segment Definition
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Behavioral Health Market Analysis and Forecast, 2017–2031
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. Epidemiology Overview of Behavioral Health Disorders
5.2. Key Industry Events (mergers, acquisitions, partnerships, etc.)
5.3. COVID-19 Pandemic Impact on Industry (value chain and short / mid / long term impact)
6. Global Behavioral Health Market Analysis and Forecast, By Disorder Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Disorder Type, 2017–2031
6.3.1. Depression
6.3.2. Anxiety
6.3.3. Schizophrenia
6.3.4. Bipolar Disorder
6.3.5. Alcohol Use Disorder
6.3.6. Substance Use Disorder
6.3.7. Eating Disorders
6.3.8. Post Traumatic Stress Disorder (PSTD)
6.3.9. Others
6.4. Market Attractiveness Analysis, By Disorder Type
7. Global Behavioral Health Market Analysis and Forecast, By Service Type
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Service Type, 2017–2031
7.3.1. Inpatient Hospital Treatment Services
7.3.2. Outpatient Counselling
7.3.3. Emergency Mental Health Services
7.3.4. Home-based Treatment Services
7.3.5. Others
7.4. Market Attractiveness Analysis, By Service Type
8. Global Behavioral Health Market Analysis and Forecast, By Region
8.1. Key Findings
8.2. Market Value Forecast, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness Analysis, By Region
9. North America Behavioral Health Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. Market Value Forecast, by Disorder Type, 2017–2031
9.2.1. Depression
9.2.2. Anxiety
9.2.3. Schizophrenia
9.2.4. Bipolar Disorder
9.2.5. Alcohol Use Disorder
9.2.6. Substance Use Disorder
9.2.7. Eating Disorders
9.2.8. Post Traumatic Stress Disorder (PSTD)
9.2.9. Others
9.3. Market Value Forecast, by Service Type, 2017–2031
9.3.1. Inpatient Hospital Treatment Services
9.3.2. Outpatient Counselling
9.3.3. Emergency Mental Health Services
9.3.4. Home-based Treatment Services
9.3.5. Others
9.4. Market Value Forecast, by Country, 2017–2031
9.4.1. U.S.
9.4.2. Canada
9.5. Market Attractiveness Analysis
9.5.1. By Disorder Type
9.5.2. By Service Type
9.5.3. By Country
10. Europe Behavioral Health Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast, by Disorder Type, 2017–2031
10.2.1. Depression
10.2.2. Anxiety
10.2.3. Schizophrenia
10.2.4. Bipolar Disorder
10.2.5. Alcohol Use Disorder
10.2.6. Substance Use Disorder
10.2.7. Eating Disorders
10.2.8. Post Traumatic Stress Disorder (PSTD)
10.2.9. Others
10.3. Market Value Forecast, by Service Type, 2017–2031
10.3.1. Inpatient Hospital Treatment Services
10.3.2. Outpatient Counselling
10.3.3. Emergency Mental Health Services
10.3.4. Home-based Treatment Services
10.3.5. Others
10.4. Market Value Forecast, by Country/Sub-region, 2017–2031
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Rest of Europe
10.5. Market Attractiveness Analysis
10.5.1. By Disorder Type
10.5.2. By Service Type
10.5.3. By Country/Sub-region
11. Asia Pacific Behavioral Health Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Disorder Type, 2017–2031
11.2.1. Depression
11.2.2. Anxiety
11.2.3. Schizophrenia
11.2.4. Bipolar Disorder
11.2.5. Alcohol Use Disorder
11.2.6. Substance Use Disorder
11.2.7. Eating Disorders
11.2.8. Post Traumatic Stress Disorder (PSTD)
11.2.9. Others
11.3. Market Value Forecast, by Service Type, 2017–2031
11.3.1. Inpatient Hospital Treatment Services
11.3.2. Outpatient Counselling
11.3.3. Emergency Mental Health Services
11.3.4. Home-based Treatment Services
11.3.5. Others
11.4. Market Value Forecast, by Country/Sub-region, 2017–2031
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Market Attractiveness Analysis
11.5.1. By Disorder Type
11.5.2. By Service Type
11.5.3. By Country/Sub-region
12. Latin America Behavioral Health Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Disorder Type, 2017–2031
12.2.1. Depression
12.2.2. Anxiety
12.2.3. Schizophrenia
12.2.4. Bipolar Disorder
12.2.5. Alcohol Use Disorder
12.2.6. Substance Use Disorder
12.2.7. Eating Disorders
12.2.8. Post Traumatic Stress Disorder (PSTD)
12.2.9. Others
12.3. Market Value Forecast, by Service Type, 2017–2031
12.3.1. Inpatient Hospital Treatment Services
12.3.2. Outpatient Counselling
12.3.3. Emergency Mental Health Services
12.3.4. Home-based Treatment Services
12.3.5. Others
12.4. Market Value Forecast, by Country/Sub-region, 2017–2031
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Market Attractiveness Analysis
12.5.1. By Disorder Type
12.5.2. By Service Type
12.5.3. By Country/Sub-region
13. Middle East & Africa Behavioral Health Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Disorder Type, 2017–2031
13.2.1. Depression
13.2.2. Anxiety
13.2.3. Schizophrenia
13.2.4. Bipolar Disorder
13.2.5. Alcohol Use Disorder
13.2.6. Substance Use Disorder
13.2.7. Eating Disorders
13.2.8. Post Traumatic Stress Disorder (PSTD)
13.2.9. Others
13.3. Market Value Forecast, by Service Type, 2017–2031
13.3.1. Inpatient Hospital Treatment Services
13.3.2. Outpatient Counselling
13.3.3. Emergency Mental Health Services
13.3.4. Home-based Treatment Services
13.3.5. Others
13.4. Market Value Forecast, by Country/Sub-region, 2017–2031
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Market Attractiveness Analysis
13.5.1. By Disorder Type
13.5.2. By Service Type
13.5.3. By Country/Sub-region
14. Competition Landscape
14.1. Market Player - Competition Matrix (by tier and size of companies)
14.2. Market Share Analysis, by Company, 2021
14.3. Company Profiles
14.3.1. Acadia Healthcare
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Business Strategies
14.3.1.5. Recent Developments
14.3.2. Ascension Seton
14.3.2.1. Company Overview
14.3.2.2. Financial Overview
14.3.2.3. Product Portfolio
14.3.2.4. Business Strategies
14.3.2.5. Recent Developments
14.3.3. Behavioral Health Network, Inc.
14.3.3.1. Company Overview
14.3.3.2. Financial Overview
14.3.3.3. Product Portfolio
14.3.3.4. Business Strategies
14.3.3.5. Recent Developments
14.3.4. CareTech Holdings plc
14.3.4.1. Company Overview
14.3.4.2. Financial Overview
14.3.4.3. Product Portfolio
14.3.4.4. Business Strategies
14.3.4.5. Recent Developments
14.3.5. North Range Behavioral Health
14.3.5.1. Company Overview
14.3.5.2. Financial Overview
14.3.5.3. Product Portfolio
14.3.5.4. Business Strategies
14.3.5.5. Recent Developments
14.3.6. Promises Behavioral Health
14.3.6.1. Company Overview
14.3.6.2. Financial Overview
14.3.6.3. Product Portfolio
14.3.6.4. Business Strategies
14.3.6.5. Recent Developments
14.3.7. Pyramid Healthcare, Inc.
14.3.7.1. Company Overview
14.3.7.2. Financial Overview
14.3.7.3. Product Portfolio
14.3.7.4. Business Strategies
14.3.7.5. Recent Developments
14.3.8. Sevita
14.3.8.1. Company Overview
14.3.8.2. Financial Overview
14.3.8.3. Product Portfolio
14.3.8.4. Business Strategies
14.3.8.5. Recent Developments
14.3.9. Universal Health Services, Inc.
14.3.9.1. Company Overview
14.3.9.2. Financial Overview
14.3.9.3. Product Portfolio
14.3.9.4. Business Strategies
14.3.9.5. Recent Developments
List of Tables
Table 01: Global Behavioral Health Market Value (US$ Mn) Forecast, by Disorder Type, 2017–2031
Table 02: Global Behavioral Health Market Value (US$ Mn) Forecast, by Service Type, 2017‒2031
Table 03: Global Behavioral Health Market Value (US$ Mn) Forecast, by Region, 2017–2031
Table 04: North America Behavioral Health Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 05: North America Behavioral Health Market Value (US$ Mn) Forecast, by Disorder Type, 2017–2031
Table 06: North America Behavioral Health Market (US$ Mn) Forecast, by Service Type, 2017–2031
Table 07: Europe Behavioral Health Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 08: Europe Behavioral Health Market Value (US$ Mn) Forecast, by Disorder Type, 2017–2031
Table 09: Europe Behavioral Health Market (US$ Mn) Forecast, by Service Type, 2017–2031
Table 10: Asia Pacific Behavioral Health Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 11: Asia Pacific Behavioral Health Market Value (US$ Mn) Forecast, by Disorder Type, 2017–2031
Table 12: Asia Pacific Behavioral Health Market (US$ Mn) Forecast, by Service Type, 2017–2031
Table 13: Latin America Behavioral Health Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 14: Latin America Behavioral Health Market Value (US$ Mn) Forecast, by Disorder Type, 2017–2031
Table 15: Latin America Behavioral Health Market (US$ Mn) Forecast, by Service Type, 2017–2031
Table 16: Middle East and Africa Behavioral Health Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 17: Middle East and Africa Behavioral Health Market Value (US$ Mn) Forecast, by Disorder Type, 2017–2031
Table 18: Middle East and Africa Behavioral Health Market (US$ Mn) Forecast, by Service Type, 2017–2031
List of Figures
Figure 01: Global Behavioral Health Market Value (US$ Mn) Forecast, 2017–2031
Figure 02: Global Behavioral Health Market Value Share Analysis, by Disorder Type, 2021 and 2031
Figure 03: Global Behavioral Health Market Attractiveness Analysis, by Disorder Type, 2022–2031
Figure 04: Global Behavioral Health Market Value (US$ Mn) Forecast, by Depression, 2017–2031
Figure 05: Global Behavioral Health Market Value (US$ Mn) Forecast, by Anxiety, 2017–2031
Figure 06: Global Behavioral Health Market Value Share Analysis, by Schizophrenia, 2021 and 2031
Figure 07: Global Behavioral Health Market Value Share Analysis, by Bipolar Disorder, 2021 and 2031
Figure 08: Global Behavioral Health Market Value Share Analysis, by Alcohol Use Disorders, 2021 and 2031
Figure 09: Global Behavioral Health Market Value Share Analysis, by Substance Use Disorder, 2021 and 2031
Figure 10: Global Behavioral Health Market Value Share Analysis, by Eating Disorders, 2021 and 2031
Figure 11: Global Behavioral Health Market Value Share Analysis, by Post Traumatic Stress Disorders, 2021 and 2031
Figure 12: Global Behavioral Health Market Value Share Analysis, by Others, 2021 and 2031
Figure 13: Global Behavioral Health Market Value Share Analysis, by Service Type, 2021 and 2031
Figure 14: Global Behavioral Health Market Attractiveness Analysis, by Service Type, 2022–2031
Figure 15: Global Behavioral Health Market Value (US$ Mn) Forecast, by Inpatient Hospital Treatment Services, 2017–2031
Figure 16: Global Behavioral Health Market Value (US$ Mn) Forecast, by Outpatient Counselling, 2017–2031
Figure 17: Global Behavioral Health Market Value (US$ Mn) Forecast, by Emergency Mental Health Services, 2017–2031
Figure 18: Global Behavioral Health Market Value (US$ Mn) Forecast, by Home-based Treatment Services, 2017–2031
Figure 19: Global Behavioral Health Market Value (US$ Mn) Forecast, by Others, 2017–2031
Figure 20: Global Behavioral Health Market Value Share Analysis, by Region, 2021 and 2031
Figure 21: Global Behavioral Health Market Attractiveness Analysis, by Region, 2022–2031
Figure 22: North America Behavioral Health Market Value (US$ Mn) Forecast, 2017–2031
Figure 23: North America Behavioral Health Market Value Share Analysis, by Country, 2021 and 2031
Figure 24: North America Behavioral Health Market Attractiveness Analysis, by Country, 2022–2031
Figure 25: North America Behavioral Health Market Value Share Analysis, by Disorder Type, 2021 and 2031
Figure 26: North America Behavioral Health Market Attractiveness Analysis, by Disorder Type, 2022–2031
Figure 27: North America Behavioral Health Market Value Share Analysis, by Service Type, 2021 and 2031
Figure 28: North America Behavioral Health Market Attractiveness Analysis, by Service Type, 2022–2031
Figure 29: Europe Behavioral Health Market Value (US$ Mn) Forecast, 2017–2031
Figure 30: Europe Behavioral Health Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
Figure 31: Europe Behavioral Health Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 32: Europe Behavioral Health Market Value Share Analysis, by Disorder Type, 2021 and 2031
Figure 33: Europe Behavioral Health Market Attractiveness Analysis, by Disorder Type, 2022–2031
Figure 34: Europe Behavioral Health Market Value Share Analysis, by Service Type, 2021 and 2031
Figure 35: Europe Behavioral Health Market Attractiveness Analysis, by Service Type, 2022–2031
Figure 36: Asia Pacific Behavioral Health Market Value (US$ Mn) Forecast, 2017–2031
Figure 37: Asia Pacific Behavioral Health Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
Figure 38: Asia Pacific Behavioral Health Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 39: Asia Pacific Behavioral Health Market Value Share Analysis, by Disorder Type, 2021 and 2031
Figure 40: Asia Pacific Behavioral Health Market Attractiveness Analysis, by Disorder Type, 2022–2031
Figure 41: Asia Pacific Behavioral Health Market Value Share Analysis, by Service Type, 2021 and 2031
Figure 42: Asia Pacific Behavioral Health Market Attractiveness Analysis, by Service Type, 2022–2031
Figure 43: Latin America Behavioral Health Market Value (US$ Mn) Forecast, 2017–2031
Figure 44: Latin America Behavioral Health Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
Figure 45: Latin America Behavioral Health Market Attractiveness Analysis, by Country/Sub-region, 2021 and 2031
Figure 46: Latin America Behavioral Health Market Value Share Analysis, by Disorder Type, 2021 and 2031
Figure 47: Latin America Behavioral Health Market Attractiveness Analysis, by Disorder Type, 2022–2031
Figure 48: Latin America Behavioral Health Market Value Share Analysis, by Service Type, 2021 and 2031
Figure 49: Latin America Behavioral Health Market Attractiveness Analysis, by Service Type, 2022–2031
Figure 50: Middle East and Africa Behavioral Health Market Value (US$ Mn) Forecast, 2017–2031
Figure 51: Middle East and Africa Behavioral Health Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
Figure 52: Middle East and Africa Behavioral Health Market Attractiveness Analysis, by Country/Sub-region, 2021 and 2031
Figure 53: Middle East and Africa Behavioral Health Market Value Share Analysis, by Disorder Type, 2021 and 2031
Figure 54: Middle East and Africa Behavioral Health Market Attractiveness Analysis, by Disorder Type, 2022–2031
Figure 55: Middle East and Africa Behavioral Health Market Value Share Analysis, by Service Type, 2021 and 2031
Figure 56: Middle East and Africa Behavioral Health Market Attractiveness Analysis, by Service Type, 2022–2031
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Behavioral Health Market
