Behavioral Rehabilitation Market Size, Share, Industry Trends and Forecast to 2030

Behavioral Rehabilitation Market Size & CAGR in 2021

The global behavioral rehabilitation market was valued at USD 15.6 billion in 2021, with a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2021 to 2028. The market is expected to reach USD 22.3 billion by the end of 2028. The increasing prevalence of mental health disorders, substance abuse, and behavioral disorders is driving the growth of the behavioral rehabilitation market globally.

COVID-19 Impact on the Behavioral Rehabilitation Market

The COVID-19 pandemic had a significant impact on the behavioral rehabilitation market. Due to lockdowns and restrictions implemented to curb the spread of the virus, many rehabilitation centers had to temporarily close or limit their services. This led to a decline in the number of individuals seeking behavioral rehabilitation services. However, as the world gradually recovers from the pandemic, the market is expected to witness a resurgence in demand for behavioral rehabilitation services.

Behavioral Rehabilitation Dynamics

The behavioral rehabilitation market is driven by factors such as increasing awareness about mental health issues, growing acceptance of rehabilitation services, and the rising prevalence of substance abuse disorders. Additionally, the adoption of innovative treatment approaches, advancements in technology, and government initiatives to promote mental health are contributing to the growth of the market.

Segments and Related Analysis

The behavioral rehabilitation market can be segmented based on the type of disorder, treatment type, and end-user. The major segments include substance abuse rehabilitation, mental health rehabilitation, and behavioral therapy. Substance abuse rehabilitation accounts for the largest share of the market, followed by mental health rehabilitation.

By Region Analysis

In terms of region, North America dominates the behavioral rehabilitation market, followed by Europe and Asia Pacific. The high prevalence of mental health disorders, substance abuse, and behavioral issues in North America contributes to the region's market leadership. However, the Asia Pacific region is expected to witness the fastest growth due to increasing awareness and government initiatives.

Key Market Players and Competitive Landscape

Key players in the behavioral rehabilitation market include AAC Holdings, Acadia Healthcare Company, Inc., American Addiction Centers, Inc., Behavioral Health Group, and CRC Health Group. These companies are focusing on strategic collaborations, acquisitions, and product innovations to maintain their market position and expand their geographical presence.

Recent Happenings in the Behavioral Rehabilitation Market

- In July 2021, Acadia Healthcare Company, Inc. acquired Arden Woods Behavioral Health Hospital to expand its behavioral health services. - In September 2021, CRC Health Group launched a new outpatient behavioral rehabilitation center in partnership with a local healthcare provider. - In November 2021, American Addiction Centers, Inc. announced a collaboration with a leading mental health organization to offer integrated services for co-occurring disorders.