The global ”behavioral therapy market” size is projected to grow substantially owing to the increasing prevalence of behavioral disorders among people, observes Fortune Business Insights™ in an upcoming report, titled, “Behavioural Therapy Market Size, Share & Industry Analysis, By Type (Cognitive Behavioural Therapy, Cognitive Behavioural Play Therapy, Systematic Desensitization, Aversion Therapy), By Application (Depression, PTSD (Post-Traumatic Stress Disorder), Eating Disorders, Anxiety Disorders, Substance Abuse), By Patient Type (Children, Adult), By Treatment Settings (Hospitals, Outpatient Clinics, Community Health Centers, Others) and Regional Forecast, 2020-2027.” According to the World Health Organization, the number of people suffering from depression was estimated to be 4.4% in 2015. These statistics are expected to normalize patients opting for behavioral therapy.
The COVID-19 pandemic is specifically affecting the healthcare sector owing to the rapid scarcity of resources in hospitals due to the amplifying number of coronavirus positive cases. Restrictive regulations regarding social distancing are expected to significantly reduce the number of appointments, forcing the healthcare industry to a standstill.
At Fortune Business Insights, we are analyzing such scenarios to find the right solutions and focus on delivering actionable insights through our comprehensive market reports.
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Highlights of the Report:
While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.
Drivers & Restraints-
RisingPopulation of Patients Suffering from Behavioral Disorders Globally to Drive Growth
According to the World Health Organization, over 264 million people of all ages across the globe have suffered from depression. The increasing cases of behavioral disorders, such as depression, anxiety, anger issues, and Post-traumatic Stress Disorder (PTSD), among people are encouraging them to opt for behavioral therapy. This is expected to drive the growth of the global behavioral therapy market. However, the lack of awareness, coupled with the limited access to mental health care providers is expected to limit growth.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
To get the short-term and long-term impact of COVID-19 on this Market.