Home > Healthcare > Medical Services > Inpatient and Outpatient Services > Behavioral Health Market

Behavioral Health Market Share

Report ID: GMI9396
Published Date: May 2024
Report Format: PDF

Download Free Sample

Behavioral Health Market Share

The behavioral health industry responds to the growing demand for mental health and substance abuse services, offering a wide range of treatments from counselling to addiction care. Increasing societal awareness and reduced stigma around mental health drive this demand globally. Technology like telehealth extends access, while integration with primary care and workplace programs improves coordination and early intervention. Government policies, alongside research investment, propel market growth and innovation. Emphasizing holistic care and patient-centric models, the behavioral health sector adapts to meet diverse community needs, poised for further expansion and transformation.

Behavioral Health Market Companies

Prominent players operating in the behavioral health industry include:

Acadia Healthcare Company, Inc.
Ascension
Behavioral Health Network, Inc.
Behavioral Health Services
Carelon Behavioral Health
Core Solutions, Inc.
Elevance Health, Inc.
HCA Healthcare, Inc.
Magellan Health, Inc.
Ocean Mental Health Services Inc.
Promises Behavioral Health
Pyramid Healthcare Inc
Springstone, Inc.
Tenet Healthcare Corporation
Universal Health Services Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Behavioral health market size was USD 151.7 billion in 2023 and is expected to register 3.7% CAGR from 2024-2032 owing to the ongoing advancements in healthcare, and surging demand for integrating behavioral health into primary care, worldwide.

Behavioral health industry from the outpatient counselling segment recorded USD 66.2 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to being essential for prevention and early intervention efforts in addressing mental health and substance abuse issues.

North America behavioral health industry reached USD 84.8 billion in 2023 and is expected to register a commendable CAGR from 2024-2032 due to growing awareness of mental health issues in the region.

Elevance Health, Inc., HCA Healthcare, Inc., Magellan Health, Inc., Ocean Mental Health Services Inc., Promises Behavioral Health, Pyramid Healthcare Inc, Springstone, Inc., Tenet Healthcare Corporation, and Universal Health Services Inc., are some of the major behavioral health companies worldwide.