Global Residential Substance Abuse and Mental Health Facilities Market Report 2022
Key companies in the residential addiction and mental health facilities market include Kaiser Permanente, Universal Health Services, Ohio Department of Mental Health and Addiction Services, NHS England, Acadia Healthcare Company, CareTech Holdings PLC, and Pyramid Healthcare.
New York, Feb 11. 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Residential Substance Abuse And Mental Health Facilities Global Market Report 2022″ – https://www.reportlinker.com/p06229147/? utm_source=GNW
The global residential addiction and mental health facilities market 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 is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market is expected to reach $163.42 billion in 2026 with a CAGR of 11.1%.
The residential addiction and mental health facility market includes sales of residential addiction and mental health facility services and related goods by entities (organizations, sole traders and partnerships) that provide residential addiction and mental health facility services. mental health and developmental disabilities and addiction centers that provide addiction treatment, counseling and other support services to patients with mental disorders.
The main types of residential facilities for addiction and mental health are residential mental health and developmental facilities and addiction centers. Addiction Centers provide addiction treatment and recovery services to individuals and families.
The different types of expenditures include public and private expenditures which are used by men and women.
North America was the largest region in the residential addiction and mental health facilities market in 2021. Western Europe was the second largest region in the residential addiction and mental health facilities market.
Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Cases of autism and attention deficit and hyperactivity disorder (ADHD) are on the rise in most parts of the world. ADHD is defined by impaired functioning in the areas of attention, hyperactivity and impulsivity. non-verbal communication and restrained, repetitive behavior.
According to the Centers for Disease Control and Prevention (CDC), approximately one in 54 children in the United States has autism spectrum disorder (ASD) in 2020. Rising incidences of mental issues are expected to spur this growth in the market in the future.
The costs of mental health and addiction services are high in most countries. Pressure from regulators to contain costs and demonstrate their value is widespread among mental health and addiction service providers.
The prevailing weak economic conditions are a barrier to funding addiction and mental health facilities. In addition, the high cost of targeted therapies, drugs, medical devices, and other advances continues to add to the burden of addiction and mental health costs and acts as a drag on residential addiction and health care facilities. mental during the forecast period.
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. Additionally, self-guided, web-based educational interventions allow people to access information about specific symptoms, health and treatments, providing communication between a therapist and patient via the Internet.
For example, leading hospitals offering technology-based interventions for substance abuse disorders include Mayo Clinic, Texas Medical Center, Johns Hopkins, London Clinic, American Hospital, and Fortis Memorial Research Institute.
The countries covered in the residential drug addiction and mental health facilities market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela and Vietnam .
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