Global Behavioral Rehabilitation Market Forecast to 2028 – Advent of Online Counselling & Artificial Intelligence in Therapeutic Settings Gaining Momentum – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Behavioral Rehabilitation Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Treatment, Application, Healthcare Setting” report has been added to ResearchAndMarkets.com’s offering.
The behavioral rehabilitation market is projected to reach US$ 540.84 million by 2028 from US$ 350.63 million in 2021; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.
Drug manufacturers play a critical role in introducing new products to cope with the global market’s demands. For instance, in May 2021, Lybalvi (olanzapine and samidorphan), an atypical antipsychotic medication developed by Alkermes, Inc., an Ireland-based company, received the Food and Drug Administration (FDA) approval to treat adults with schizophrenia and adults with bipolar I disorder. Such active participation of the global market players associated with the market is expected to drive the market.
Based on treatment, the behavioral rehabilitation market is segmented into drugs, counseling, and therapy services. The counseling and therapy services segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Based on healthcare setting, the behavioral rehabilitation market is segmented into anxiety disorders, mood disorders, substance abuse disorders, personality disorders, and attention deficit disorders. The anxiety disorders segment held the largest market share in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Based on the healthcare setting, the behavioral rehabilitation market is segmented into outpatient behavioral rehabilitation, inpatient behavioral rehabilitation, and residential behavioral rehabilitation. The outpatient behavioral rehabilitation segment held the largest market share in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
National Institute on Drug Abuse, Nanalyze, and European Commission are among the primary and secondary sources referred to while preparing the report on the behavioral rehabilitation market.
Key Market Dynamics
Market Drivers
- Increasing Prevalence of Behavioral Disorders
- Easy Availability of Behavioral Rehabilitation Therapies
- Rising Numbers of Product Launches
Market Restraints
- Impact of Stigma Attached to Behavioral Disorders
- Lack of Awareness Regarding Behavioral Disorders
Market Opportunities
- Rise in Government Initiatives
- Expansion in Developing Economic Countries
Future Trends
- Advent of Online Counselling
- Artificial Intelligence in Therapeutic Settings
Companies Mentioned
- Springstone, Inc.
- American Addiction Centers
- Acadia Healthcare
- Universal Health Services, Inc.
- Magellan Health, Inc.
- Haven Behavioral Healthcare, Inc.
- PsychSolutions, Inc.
- BHG Holdings, LLC.
- Aurora Behavioral Health System
- Baxter Regional Medical Center
For more information about this report visit https://www.researchandmarkets.com/r/mzsge7
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