Behavioral Therapy Market is valued at USD 186.4 Billion in 2018 and expected to reach USD 347.3 Billion By 2025 with CAGR of 8.3% over the forecast period.
Behavioral Therapy Market report is segmented on type, application and by regional & country level. Based upon type, market is segmented into Anxiety Disorders, Mood Disorders, Substance Abuse Disorders, Personality Disorders, and Attention Deficit Disorders. Based upon application, behavioral therapy market is classified into Inpatient, Residential, and Outpatient.
Behavioral therapy is also known as psychotherapy which helps in the treatment of self-destructing behavior of the patient. It is also used for the treatment of various disorders as anxiety, bipolar disorder, obsessive compulsive disorders (OCD) and others. This therapy is perform by medical practitioner to replace the bad habits with good one and also helps in the management of difficult situations. Behavioral therapy is also used for the treatment of various eating disorders, autism, substance abuse and many more. Behavioral therapy involves lot of exercises for the patient to cope up with the specific situations such as anger, fear pain and others.
The regions covered in this market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Behavioral Therapy market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Some major key players for Behavioral Therapy market are
There has been tremendous growth in the various psychiatric disorders due to the various factors which are expected to promote the growth of behavioral therapy market. The increased prevalence of depression, obsessive compulsive disorders and others over the period of time has fueled the growth of behavioral therapy market. As per World Health Organization 218 report, there were around 300 million people in the world are suffering from depression and it is the most common mental illness among people. The changing lifestyle of the people, increase consumption of alcohol, smoking and others coupled with sedentary lifestyle can also lead to various psychiatric problems which in turn support the growth of behavioral therapy market. Evolving exercises, increase in awareness and technological involvement is expected to create opportunities in the behavioral therapy market.
North America and Europe together contribute the major market share in behavioral therapy market over the forecast period. Due to the presence of developed countries in the region such as U.S., Canada, Germany, UK, and others coupled with increased prevalence of psychiatric disorders coupled with increased awareness and increased acceptance of such therapies and treatment options are expected to drive the growth of behavioral therapy market. Asia Pacific is expected to dominate the behavioral therapy market in terms of growth rate and maintain its dominance over the forecast period. The presence of developing economies such as India, China and others coupled with increased prevalence of psychiatric disorders and increase in disposable income and developing healthcare facilities are expected to promote the growth of behavioral therapy market. Africa, Middle East and Latin America is expected to develop at a considerable rate over the forecast period.
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