Rising Government Initiatives for Supporting Mental Health and Federal Government Initiatives, along With Partnership by

The burgeoning demand for behavioral health in this region is attributed to the initiatives taken by the government in this region. For instance, in 2021, the American government launched the American rescue plan act, which includes funding for critical mental health under this around USD 4 billion for state and local mental health and substance use services, school-based mental health programs and workforce training. Further as per the above-mentioned source around USD 140 million in funding to promote mental health among health care professionals and first responders. Additionally, the partnership of key-player in this region is also propelling market growth in this region. For instance, in December 2021, Acadia healthcare company Inc. formed a joint venture with Fairview health services through this partnership, Fairview and Acadia plan to design and construct a new inpatient mental health and addiction facility. The joint venture will bring together the two organizations’ expertise and resources to address an identified need for behavioural health services in the region. These above-mentioned elements are anticipated to boost the market demand for behavior health market in this region in the forecasted period.

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North America Behavioral Health Market Revenue (2020-2028) – USD Mn

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Based on disorder type, the market is segmented into depression, anxiety, schizophrenia, bipolar, alcohol use, substance use and others. The anxiety segment is anticipated to grow with a significant CAGR in the forecasted period.

Based on the service type, the market is segmented into emergency mental health services, outpatient counseling, home-based treatment service, inpatient services, and others. Amongst these, the outpatient counseling segment is anticipated to grow with a significant CAGR in the forecasted period.

Global Behavioural Health Market Segmentation

Market Insight, by Disorder Type

• Depression

• Anxiety

• Schizophrenia

• Bipolar

• Alcohol Use

• Substance Use

• Others

Market Insights, by Service Type

• Emergency Mental Health Service

• Outpatient Counselling