The Behavioral Health Market: Quantifying the growth of the global industry in 2025.

0

Reading time:2 mins, 27 seconds

“Many behavioral health marketers would say they spend a considerable amount of their time researching markets to identify their segments, developing messaging strategies, and trying to understand what consumers want.” Industry data shows how more and more consumers are turning to behavioral health for professional advice.

OECD Cybercrime Survey

Institutional flaws are revealed by cybercrime. Using digital tools, it is possible to manipulate people’s behavior and plunge them into depression or anxiety 24x7x365. This is a major market that needs more research, development, access and cybersecurity answers

The behavioral health market

Behavioral health services are estimated to reach more than $1.6 trillion by 2022, with significant implications for patients, providers, and payers such as insurers. Behavioral health includes a wide range of mental and physical disorders centered on social mood or emotions such as distress, addiction, depression, bereavement or post-traumatic stress disorder, among others.

Click on the tab below to benefit from the sample copy of the report

Sample request

Presentation of the Oclesis software

Oclesis Software provides marketing solutions that, combined with the knowledge and insights gained by your data scientists, help advertisers tailor their sales and marketing spend based on what a consumer is likely to buy based on behavioral data sets.

Statistics and trends

In 2018, the behavioral health market was worth a total of $1.2 trillion and growing at a rate of 3% per year, according to the American Psychological Association. The top three areas where we spent the most on our behaviors are: substance abuse (24%), anxiety (19%) and depression (14%).

Global trends

The mental health industry is a $3.8 trillion market primarily served by private, for-profit service providers. In recent years, multinational corporations and governments have dramatically increased their commitment to mental health issues. This has led to behavioral health being considered one of the most promising industries in the world; as a Forbes article put it, “This movement has brought unprecedented attention to mental health care.”
As part of a global shift in emphasis on mental health care, “the behavioral health market will grow at an average annual rate of 6% per year through 2025.”

Competitive landscape

Behavioral health services include prevention and intervention programs aimed at reducing risky behaviors such as smoking, excessive alcohol consumption, and relapse prevention. One of the main behavioral health care services includes cognitive behavioral therapy. Counseling psychologists are trained in CBT and specialty clinics offer CBT services on a range of mental health issues including mood disorders, anxiety disorders, personality disorders, neurological disorders, eating disorders, trauma-related issues and substance abuse.

Click on the tab below for the instant purchase of the report with a flat rate discount of $500

Instant Buy Request

conclusion

The recent growth in the behavioral health market is a positive sign for companies and individuals. With more funding coming from government programs such as Medicaid, health care providers are recognizing the need to offer behavioral health care procedures

happy

happy


0 %

Sad

Sad


0 %

Excited

Excited


0 %

Sleepy

Sleepy


0 %

Angry

Angry


0 %

Surprise

Surprise


0 %

Share.

Comments are closed.