Global residential addiction and mental health facilities market expected to grow 11% through 2026

Global residential addiction and mental health facilities market

Global Residential Addiction and Mental Health Facilities Market Report 2022 by The Business Research Company: Market Size, Trends and Forecasts to 2026

LONDON, GREATER LONDON, United Kingdom, Jan. 17, 2022 /EINPresswire.com/ — According to the “Global Residential Substance Abuse and Mental Health Facilities Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026″ published by The Business Research Company, the market size is expected to grow from $95.30 billion in 2021 to $107.43 billion in 2022 at a compound annual growth rate (CAGR) of 12.7%. The growth of the market is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote working and closure of business activities which resulted in operational challenges. The market is expected to reach $163.42 billion in 2026 with a CAGR of 11.1%.

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The global residential addiction and mental health facilities market includes sales of residential addiction and mental health services and related goods by entities (organizations, sole traders, and partnerships) that provide residential mental health and disability services intellectual and addiction centers that offer treatment to addiction patients, counseling and other support services to patients with mental disorders.

Global Residential Addiction and Mental Health Facilities Market Trends:
Medical service providers use technology-based interventions to aid in the treatment of drug-dependent patients. The technology is used to deliver interventions through a digital platform with the aim of treating substance use disorders by providing emotional, decision-making or behavioral support for physical and mental health issues. These technology-based interventions include internet technology-assisted therapy, web-based self-help interventions, and virtual therapy software. In addition, self-guided and web-based educational interventions allow people to access information about specific symptoms, diagnosis of the condition’s effect on the patient’s health and treatments, ensure communication between a therapist and the patient via the Internet.

Global residential addiction and mental health facilities market segments
The global residential addiction and mental health facilities market is segmented:
By type: Residential facilities for mental health and developmental disabilities, Addiction centers
By end-user gender: Male, Female
By type of expenditure: public, private
Sub-segments Covered: residential facilities for people with intellectual and developmental disabilities, residential mental health facilities, illicit drug treatment, alcohol addiction treatment, tobacco addiction treatment
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Of these regions, North America accounts for the largest share.

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The Residential Substance Abuse and Mental Health Facilities Market Report 2022 is part of a series of new reports from The Business Research Company that provides Residential Substance Abuse and Mental Health Facilities Market insights, analysis and forecasts. Residential Substance Abuse and Mental Health Facilities Market, Residential Substance Abuse and Mental Health Facilities Market Share, Residential Substance Abuse and Mental Health Facilities Market Global Segments and Geographies, Residential Substance Abuse and Mental Health Facilities Market Players, key competitor revenues, profiles and market shares. The Global Residential Mental Health and Addiction Facilities Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.

TBRC Global Residential Addiction and Mental Health Facilities Market Report 2022
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: Kaiser Permanente, Universal Health Services, Ohio Department of Mental Health and Addiction Services, NHS England, Acadia Healthcare Company, CareTech Holdings PLC and Pyramid Healthcare.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And more.

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