The Behavioral Rehabilitation Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Behavioral Rehabilitation Global Market Report 2024, The behavioral rehabilitation market size has grown strongly in recent years. It will grow from $234.92 billion in 2023 to $250.94 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to advances in psychological research, increased awareness, legislative support, stigma reduction, insurance coverage.
The behavioral rehabilitation market size is expected to see strong growth in the next few years. It will grow to $316.1 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rise in mental health disorders, personalized treatment approaches, telehealth expansion, government funding initiatives, mental health advocacy. Major trends in the forecast period include early intervention programs, technological advancements, virtual reality therapy, remote monitoring and support, mindfulness and wellness practices.
The growing prevalence of behavioral disorders is expected to propel the growth of the behavioral rehabilitation market going forward. Behavioral disorders refer to a range of conditions that involve persistent patterns of problematic behaviors and emotions that significantly impact an individual’s daily functioning and quality of life. Behavioral rehabilitation programs offer comprehensive approaches that focus on modifying behaviors, improving coping skills, and promoting overall well-being, making them crucial in managing and addressing the impact of these disorders on individuals and society. For instance, in October 2021, according to a research article published in the Lancet, a UK-based peer-reviewed journal, the prevalence of depression, a mental health disorder characterized by persistent changes in behavior, was 27.8% in 2020 and increased to 32.8% in 2021. Therefore, the increasing prevalence of behavioral disorders drives the behavioral rehabilitation market forward.
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The behavioral rehabilitation market covered in this report is segmented –
1) By Treatment Method: Counseling, Medication, Support Services, Other Treatment Methods
2) By Application: Anxiety Disorders, Mood Disorders, Substance Abuse Disorders, Personality Disorders, Attention Deficit Disorders
3) By Healthcare Settings: Outpatient Behavioral Rehabilitation, Inpatient Behavioral Rehabilitation, Residential Behavioral Rehabilitation
Technological advancements are a key trend gaining popularity in the behavioral rehabilitation market. Major companies operating in the behavioral rehabilitation market are introducing technologically advanced therapy options for treating various behavioral disorders. For instance, in June 2023, Akili Interactive, a US-based prescription digital medicine company, launched EndeavorOTC, a novel video game-based digital therapeutic device. This innovative product is specifically designed for adults aged 18 and older who experience primarily inattentive or combined-type attention deficit hyperactivity disorder (ADHD) and does not require a prescription. EndeavorOTC leverages Akili Interactive’s proprietary Selective Stimulus Management Engine (SSME) core technology, enabling it to deliver effective digital treatments for ADHD symptoms.
The behavioral rehabilitation market report table of contents includes:
1. Executive Summary
2. Behavioral Rehabilitation Market Characteristics
3. Behavioral Rehabilitation Market Trends And Strategies
4. Behavioral Rehabilitation Market – Macro Economic Scenario
5. Global Behavioral Rehabilitation Market Size and Growth
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26. South America Behavioral Rehabilitation Market
27. Brazil Behavioral Rehabilitation Market
28. Middle East Behavioral Rehabilitation Market
29. Africa Behavioral Rehabilitation Market
30. Behavioral Rehabilitation Market Competitive Landscape And Company Profiles
Top Major Players:
- LeggUP Inc
- Novartis AG
- Universal Health Services Inc
- Magellan Health Inc
- Perrigo Company PLC
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