Rolling Mill And Other Metalworking Machinery Global Market Size, Industry Trends, Analysis 2023 To 2032

The Residential Substance Abuse And Mental Health Facilities Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s Residential Substance Abuse And Mental Health Facilities Global Market Report 2024, The residential substance abuse and mental health facilities market size has grown strongly in recent years. It will grow from $118.62 billion in 2023 to $129.89 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.  The  growth in the historic period can be attributed to substance abuse epidemics, mental health awareness, deinstitutionalization, legislation and healthcare policies, changes in insurance coverage and parity laws .

The residential substance abuse and mental health facilities market size is expected to see strong growth in the next few years. It will grow to $172.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.  The growth in the forecast period can be attributed to mental health parity, telehealth and digital solutions, opioid crisis response, access to care, integration of services. Major trends in the forecast period include holistic and trauma-informed care, dual diagnosis treatment, evidence-based practices, recovery-oriented services, cultural competency and diversity.

Autism and Attention Deficit and Hyperactivity Disorder (ADHD) cases are increasing in most parts of the world. ADHD is defined by impaired functioning in the areas of attention, hyperactivity, and impulsivity and autism is a neurodevelopmental disorder characterized by impaired social interaction, verbal and non-verbal communication, and restricted and repetitive behavior. According to the Centers for Disease Control and Prevention (CDC), around one in every 36 children in the US has an autism spectrum disorder (ASD) in 2023. Increasing incidences of mental issues is expected to drive this market growth going forward.

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The residential substance abuse and mental health facilities market covered in this report is segmented –

1) By Type: Residential Mental Health & Intellectual Disability Facilities; Substance Abuse Centers
2) By Type of Expenditure: Public; Private
3) By End User Gender: Male; Female

Subsegments Covered: Residential Intellectual And Developmental Disability Facilities; Residential Mental Health Facilities; Illicit Drugs Addiction Treatment; Alcohol Addiction Treatment; Tobacco Addiction Treatment

The residential substance abuse and mental health facilities market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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