Social Media - Bane or Boon. As Millennials Prioritize Mental Health, Service Providers Rely on Social Media to Spread Awareness In its latest report, Fact.MR presents an elaborate analysis
/PRNewswire/ Revenues in the global behavioral health treatment market are forecast to grow at 2.9% CAGR between 2022 and 2032. Social stigma regarding.
Demand for Home-based Behavioural Health Treatment Services Is Estimated CAGR of 2 4% Over the Asses pharmiweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pharmiweb.com Daily Mail and Mail on Sunday newspapers.
factmrMay 9, 2021
Burden of mental illness on Europe’s economy is among the largest in the world, inadvertently making it the most lucrative region for players in the behavioural health treatment market, with the region slated to account for a staggering 47% of the global market by 2027. Total cost associated with mental health treatment amounted to around US$ 668 Bn in 2018 across the EU, translating to 4% of the GDP of Europe. Taking cue from this opportunity, key players are striving to expand their treatment facilities to offer easy accessibility to patients.
However, uneven distribution of therapy facilities and rehabilitation centres in rural regions across the globe is projected to result in sluggish growth of the behavioural health treatment market, with an estimated CAGR of 2.4% during the forecast period (2020-2027).