Behavioral Rehabilitation Market Size (2024 - 2029)

Behavioral Rehabilitation Market Analysis

The Behavioral Rehabilitation Market size is estimated at USD 258.89 billion in 2024, and is expected to reach USD 316.81 billion by 2029, growing at a CAGR of 4.12% during the forecast period (2024-2029).

The COVID-19 pandemic had a significant impact on the Behavioral Rehabilitation Market. With the sudden hike in the number of COVID-19 cases and increased fear among the general population, there was a growing trend in Behavioral Health issues like anxiety and stress. For instance, according to the scientific brief released by World Health Organization (WHO) in March 2022, the global prevalence of anxiety and sadness soared by a staggering 25% in the first year of the COVID-19 pandemic. The brief also discusses who has been most affected by the pandemic and outlines the impact of the pandemic on the availability of Mental Health Treatment, as well as how this has changed over time. Additionally, in September, the American federal government provided about USD 8 billion in COVID-19 relief funds for Behavioral Health, primarily through grant programs that can serve those at higher risk. Hence, with such initiatives and the increasing prevalence of mental disorders, it was observed that the COVID-19 pandemic had a significant impact on the Behavioral Health Industry Trends. Additionally, it is observed that the COVID-19 pandemic augmented awareness about Behavioral Health, which is believed to propel the Behavioral Therapy Market growth during the forecast period.

Some of the key factors propelling the growth of the Behavioral Health Industry include the growing prevalence and availability of therapies for Behavioral Rehabilitation, the advent of online counseling, increasing preferences for partial hospitalization programs (PHP), and rising government initiatives.

Furthermore, as per the report published by Parkinson's Canada in November 2021, more than 100,000 Canadians live with Parkinson's, and more than 25 people are diagnosed with Parkinson's disease every day. These patients often require Rehabilitation Services and Cognitive Rehabilitation to manage symptoms and improve quality of life. As per the report published by the Government of Canada in April 2022, more than 90,000 individuals, age 40 and older, are currently living with Parkinson's in Canada, which includes Parkinson's disease and conditions with similar symptoms.

Additionally, according to the survey from the American Psychological Association published in February 2021, around 84% of individuals in the survey reported experiencing at least one stress-related emotion, which includes anxiety (47%), sorrow (44%), and anger (39%) were the most common emotions. Hence, with the high prevalence of issues associated with Mental Health, the Mental Health Treatment Market is expected to witness strong growth in the coming years.

However, lack of awareness, reimbursement issues, and social stigma of Behavioral Disorders, especially in developing countries, are some of the key factors restraining the growth of the Behavioral Health Market across the world.

Behavioral Rehabilitation Industry Segmentation

As per the scope of the study, behavioral health is the scientific study of emotions, behaviors, and biology relating to a person's mental well-being, their ability to function in everyday life, and their concept of self. Behavioral health is the preferred term for mental health. The Behavioral Rehabilitation Market is Segmented by Type of Behavioral Disorder (Anxiety Disorder, Mood Disorder, Substance Abuse Disorder, Personality Disorder, and Attention Deficit Disorder), Healthcare Setting (Outpatient Behavioral Rehabilitation, Inpatient Behavioral Rehabilitation, and Residential Behavioral Rehabilitation), Treatment Method (Counselling, Medication, Support Services, and Other Treatment Methods), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.