Mental health is a dynamic state of internal equilibrium that allows people to use their abilities in accordance with society's universal standards. It helps recognize, express, and modulate one's own emotions, empathize with others, and deal with adversity. It also helps with social duties and keeping a healthy relationship with the body and mind. However, it can cause anxiety, depression, and bipolar illness if it is out of balance. It can also produce physical pain in many places of the body, such as the stomach, back, and head.
In most regions of the world, autism and attention deficit hyperactivity disorder (ADHD) cases are on the rise. ADHD is a neurodevelopmental disorder characterized by impaired social interaction, verbal and nonverbal communication, and restricted and repetitive behavior. Autism is a neurodevelopmental disorder characterized by impaired social interaction, verbal and nonverbal communication, and restricted and repetitive behavior. In 2020, one out of every 54 children in the United States will have Autism Spectrum Disorder (ASD), according to the Centers for Disease Control and Prevention (CDC).
Data Bridge Market Research analyses that the mental health and substance abuse services market which was USD 402.4 billion in 2021, would rocket up to USD 708.11 billion by 2029, and is expected to undergo a CAGR of 7.32% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
North America accounted for a major share in the mental health market in 2020, and is expected to maintain its dominance during the forecast period, due to the rise in adoption of advanced technologies and increased awareness of mental health among healthcare professionals and individuals working in the corporate industry. Moreover, upsurge in mental health activities in the healthcare sector to develop novel services and the presence of major players operating in the region fuel the market's growth.
Read Full Report Summary @ https://www.databridgemarketresearch.com/reports/global-mental-health-and-substance-abuse-services-market
Asia-Pacific is expected to register highest CAGR from 2021 to 2030, as a result of increased health awareness, improved healthcare infrastructure, and an increase in the number of hospitals with modern medical facilities
Some of the major players operating in the mental health and substance abuse services market are:
About Data Bridge Market Research, Private Ltd
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”
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Article source: https://article-realm.com/article/Sports-Recreation/42945-Mental-Health-and-Substance-Abuse-Services-Market-Regional-Analysis-till-2029.html
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