
Psychiatric Hospitals in the US - Industry Market Research Report
Description
Psychiatric Hospitals in the US
According to the National Institute for Mental Health (NIH), in 2020, one in five adults experienced a mental illness, while one in 25 lived with a severe mental illness in the United States. While growing awareness of behavioral health treatment has encouraged individuals to seek treatment, large percentages of unmet mental health need exist in every state, disproportionately in rural areas. Consolidation among hospitals has risen as healthcare facilities acquire localized psychiatric enterprises in pursuit of cost efficiencies, which benefit patients who can access expanded services.
The Psychiatric Hospitals industry includes operators licensed to provide diagnostic and medical treatment, in addition to monitoring services for inpatients suffering from mental illness or substance abuse disorders. These operators maintain inpatient beds and a staff of physicians. Facilities that emphasize counseling for mental health and substance abuse rather than medical treatment are not included in the industry (IBISWorld report 62322).
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.
According to the National Institute for Mental Health (NIH), in 2020, one in five adults experienced a mental illness, while one in 25 lived with a severe mental illness in the United States. While growing awareness of behavioral health treatment has encouraged individuals to seek treatment, large percentages of unmet mental health need exist in every state, disproportionately in rural areas. Consolidation among hospitals has risen as healthcare facilities acquire localized psychiatric enterprises in pursuit of cost efficiencies, which benefit patients who can access expanded services.
The Psychiatric Hospitals industry includes operators licensed to provide diagnostic and medical treatment, in addition to monitoring services for inpatients suffering from mental illness or substance abuse disorders. These operators maintain inpatient beds and a staff of physicians. Facilities that emphasize counseling for mental health and substance abuse rather than medical treatment are not included in the industry (IBISWorld report 62322).
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
43 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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