Mental Health & Substance Abuse Centers in the US - Industry Market Research Report
Description
Mental Health & Substance Abuse Centers in the US
Medicare and Medicaid coverage expansion and program funding through SAMHSA have aligned with changing societal attitudes toward the importance of substance abuse and mental illness treatment. Very high utilization rates at substance abuse residential centers indicate stress on service level. The gap between the people who need treatment for mental illness among young adults and members of marginalized communities underscores opportunities, so enterprise growth has occurred to meet these underserved needs. Despite the fixed costs to new establishments, industry-wide revenue grew at a CAGR of 3.9% to $24.8 billion over the past five years, including a moderate growth of 2.9% in 2023 alone.
The Mental Health and Substance Abuse Centers industry includes establishments that primarily provide residential care and treatment for patients with mental illnesses, drug addiction and alcoholism. Industry services include lodging, supervision, evaluation and counseling. Medical services may be available, though these are incidental to counseling, mental rehabilitation and support services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Medicare and Medicaid coverage expansion and program funding through SAMHSA have aligned with changing societal attitudes toward the importance of substance abuse and mental illness treatment. Very high utilization rates at substance abuse residential centers indicate stress on service level. The gap between the people who need treatment for mental illness among young adults and members of marginalized communities underscores opportunities, so enterprise growth has occurred to meet these underserved needs. Despite the fixed costs to new establishments, industry-wide revenue grew at a CAGR of 3.9% to $24.8 billion over the past five years, including a moderate growth of 2.9% in 2023 alone.
The Mental Health and Substance Abuse Centers industry includes establishments that primarily provide residential care and treatment for patients with mental illnesses, drug addiction and alcoholism. Industry services include lodging, supervision, evaluation and counseling. Medical services may be available, though these are incidental to counseling, mental rehabilitation and support services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
45 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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