Residential substance abuse and mental health facilities provide medical services, room, board, supervision and counseling services to patients suffering from mental illness or substance abuse.
Residential Substance Abuse and Mental Health Facilities Global Market Size
The global residential substance abuse and mental health facilities market was valued at around $147 billion in 2017. North America was the largest region in the residential substance abuse and mental health facilities market in 2017, accounting for around 38% of the total market. The USA was the largest country in the market in 2017, accounting for around 35% of the total market.
Residential Substance Abuse and Mental Health Facilities Global Market Trend
Online tools and telehealth consultations are offering access to mental health experts to individuals dealing with mental illness. It is also an ideal tool for individuals who prefer anonymity. A recent study published by the Journal of Substance Abuse Treatment found that live internet-based chemical dependency treatment performed well compared to traditional face-to-face counseling. California-based CRC Health Group is one of the leading providers of online treatment in this field.
The major players in the global residential substance abuse and mental health facilities market are National Health Service, Universal Health Services, Acadia Healthcare Company Inc., Kindred Healthcare Inc., and Genesis Healthcare.
The countries covered in the global residential substance abuse and mental health facilities market are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Residential Substance Abuse and Mental Health Facilities Global Market Segmentation
The residential substance abuse and mental health facilities market is segmented into Mental Health and Intellectual Disability Facilities and Substance Abuse Centres.
Mental Health and Intellectual Disability Facilities provide residential care and treatment for patients with mental, intellectual and developmental disabilities. They also provide wide range of social services in addition to counseling, mental rehabilitation, and support services. It includes psychiatric convalescent facilities, psychiatric hospitals, homes for emotionally disturbed adults or children facilities, and halfway houses for patients with mental health illnesses.
Substance Abuse Centres offer residential care for individuals diagnosed with alcohol dependency, drug overdose and tobacco addiction. it includes alcoholism rehabilitation residential facilities and drug addiction rehabilitation residential facilities.