U.S. Behavioral Health Market Revenue to Attain USD 166.91 Bn by 2033

02 Jan 2025

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Table of Content

1. U.S. Behavioral Health Market Revenue and Trends 2023 to 2033 2. Market Overview 3. Report Highlights of the U.S. Behavioral Health Market 4. Major Trends in the U.S. Behavioral Health Market 5. U.S. Behavioral Health Market Coverage 6. Market News 7. U.S. Behavioral Health Market Key Players

U.S. Behavioral Health Market Revenue and Trends 2023 to 2033

The U.S. behavioral health market revenue was valued at USD 115.01 billion in 2024 and is expected to attain around USD 169.91 billion by 2033, growing at a CAGR of 4.35% during the forecast period. The rising prevalence of mental health disorders, increasing awareness of the importance of mental health, and improved access to care drive the market for U.S. behavioral health.

Market Overview

Behavioral health focuses on a person's habits and activities that impact the mental coma and physical and social well-being. Behavioral healthcare involves the prevention, diagnosis, and treatment of conditions. It helps healthcare professionals identify behaviors that affect the patient's health and provide solutions that help to improve life.

The behavioral symptoms include low mood, lack of positive emotions, personality disorder, depression, addictive behaviors, and other physical, emotional, and cognitive disorders. Mental disease and drug abuse disorders are some of the common behavioral health illnesses and can be diagnosed by persistent and severe changes in thought, emotion, or behavior. Several ranges of biological, social, and psychological elements contribute to the individual's mental health, whereas external variables like stress, socioeconomic situations, and violence lead to this illness. The U.S. behavioral health market is experiencing significant growth due to the rising instances of mental illnesses.

For instance, according to the National Survey of Children’s Health, more than 5.3 million adolescents aged 12-17 years (20.3% of adolescents) were diagnosed with mental or behavioral health conditions (anxiety, depression, or behavior/conduct problems) in 2023. Anxiety was the most common condition (16.1%), followed by depression (8.4%) and behavior/conduct problems (6.3%). The prevalence of diagnosed mental or behavioral health conditions among adolescents increased by 35% between 2016 and 2023.

Report Highlights of the U.S. Behavioral Health Market

• By service, the outpatient counseling segment led the market with the largest share in 2024 due to the increased inclination toward outpatient settings. As a large number of patients prefer outpatient settings, the demand for outpatient counseling services increases. On the other hand, the home-based treatment service segment is expected to grow rapidly in the coming years due to the rising demand for home-based therapies. The rise of telehealth solutions significantly impacts the segment.
• By disorder, the anxiety & depression segment accounted for the largest share of the market in 2024 due to the increased cases of anxiety and depression. Socioeconomic situations, stress, and violence are key causes of anxiety and depression. According to the National Institutes of Health (NIH), an estimated 31.1% of U.S. adults experience any anxiety disorder at some time in their lives.
• By end-user, the outpatient clinics segment registered dominance in the market by holding the largest share in 2024 due to the increased patient volumes in these settings. Moreover, these settings provide same-day treatments and reduce the need to be admitted to hospitals, attracting more patients.

Major Trends in the U.S. Behavioral Health Market

• Shift Toward Advanced Digital Tools: The customer's shift toward digital tools due to various factors like cost savings, convenience, and the ability to track health parameters in real time creates lucrative market opportunities. Key players operating in the market are continuously launching innovative digital tools to meet the needs of patients seeking mental health treatments. Increasing adoption of digital counseling platforms, mobile applications, and digital biomarkers in treating mental health helps to prevent, diagnose, and treat behavioral disorders.
• Rising Prevalence of Mental Disorders: The increasing number of cases of substance abuse, traumas, and poor nutrition result in conditions like anxiety, depression, and eating disorders contributing to functional impairment. Moreover, the increase in the number of patients suffering from mental illnesses like anxiety, depression, and post-traumatic stress disorder leads to a rise in the demand for counseling services within the country, propelling the market growth. For instance, the 2024 results of the American Psychiatric Association’s annual mental health poll show that U.S. adults are feeling increasingly anxious. In 2024, 43% of adults say they feel more anxious than the previous year, up from 37% in 2023 to 32% in 2022. Adults are particularly anxious about current events (70%), especially the economy (77%), the 2024 U.S. election (73%), and gun violence (69%).
• Increasing Awareness Among Individuals: With the growing awareness about mental health care, there is a high demand for behavioral health treatments and services. Moreover, rising government initiatives to address the mental health crisis contribute to market expansion. In 2022, the Biden-Harris Administration released the President’s Mental Health Strategy to address the national mental health crisis. The strategy aims to strengthen system capacity, connect Americans to care, and create healthy environments. This brief presents newly released 2023 data on youth in the United States aged 12-17 to support the President’s Strategy.

U.S. Behavioral Health Market Coverage

Market News

• In September 2024, the Health Resources and Services Administration (HRSA), an agency within the U.S. Department of Health and Human Services (HHS), announced US$ 240 million in awards to launch experimental health and substance use disorder services in more than 400 community health centers across the country that care for more than 10 million people. These grants will help expand access to needed care to help tackle the nation's mental health and opioid crisis.
• In July 2024, NextGen healthcare and mental health corporations of America launched first of its kind center of innovation, which will promote a best practice in behavioral healthcare delivery and provide educational resources for industry leaders elevating standards of care nationwide.

U.S. Behavioral Health Market Key Players

• Acadia Healthcare
• Promises Behavioral Health (Elements Behavioral Health)
• Epic Health Services (Aveanna Healthcare)
• Universal Health Services
• Behavioral Health Group, Inc.
• IBH Population Health Solutions
• CuraLinc Healthcare
• North Range Behavioral Health
• Ardent Health Services and CRC Health Group

Market Segmentation

By Service

• Home-Based Treatment Services
• Outpatient counseling
• Emergency mental health services
• Inpatient hospital treatment
• Intensive care management

By Disorder

• Bipolar Disorder
• Anxiety Disorder
• Depression
• Post-Traumatic Stress Disorder
• Eating Disorder
• Substance Abuse Disorder
• Others

By End User

• Outpatient Clinics
• Hospitals
• Rehabilitation Centers
• Homecare Setting

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