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Behavioral Therapy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

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Behavioral Therapy Market: Overview

Behavior therapy, also known as behavior analytical and psychotherapy, is a term that broadly refers to the treatment that helps alter self-destructing behaviors in a patient. It is sometimes also termed as cognitive behavioral therapy or behavioral modification. Those patients who practice behavior therapy usually learn behaviors and are more specific. Medical professionals perform behavior therapy to substitute bad habits with good ones. In addition, behavior therapy also helps to manage difficult situations. This type of therapy is mostly performed to treat patients suffering from anxiety disorders. Behavior therapy is also performed to treat various mood disorders such as post traumatic stress disorder (PTSD), social phobia, schizophrenia, depression, obsessive compulsive disorder (OCD) and bipolar disorder.

Behavior therapy is also used to treat patients suffering from eating disorders, autism, substance abuse and personality disorders. Behavior therapy can be classified into three disciplines namely social learning theory, cognitive behavior therapy (CBT), applied behavior analysis (ABA). Applied behavior analysis entails operant conditioning by undertaking such measures as positive reinforcement to bring about the desired changes in behavior; this is done after a thorough functional behavior assessment of the patient. Cognitive behavior therapy focuses mainly on the feelings and thought process behind the mental health condition. Social learning therapy treats patient through complete observation and instruction.

Therapists usually produce certain treatment plans tailored to individual medical conditions. Some exercises that a therapist may perform on patient include role playing, modifications in fear, pain and responses to anger, breathing and relaxation methods, social skills training, positive reinforcement, journal writing, activities to promote focus and discussions about coping mechanisms. Behavior therapy results in increasing quality of life of patients suffering from aforementioned medical condition. This also reduces incidence rate of self-harm, improved emotional expressions, better pain management, less outburst, improved social skills and raises the ability to recognize the urgency of various medical help.

Behavioral Therapy Market: Drivers

The market for behavior therapy is anticipated to grow at a significant CAGR during the forecast period 2014 to 2020. Rising incidences of obsessive compulsive disorder is primarily fueling the growth of behavior therapy market. According to a reputed U.S. journal, nearly 1 in 100 children and 1 in 40 adults suffer from obsessive compulsive disorder every year. According to the World Health Organization (WHO), obsessive compulsive disorder is amongst top 20 causes of illness-related disability across the globe.

Likewise, increasing cases of depression will further accentuate the growth of behavior therapy market. The Centers for Disease Control and Prevention (CDC) has projected that around 1 in 10 adults report depression in the U.S.  Moreover, changing lifestyle in terms of working culture is also expected to boost the growth of behavior therapy market throughout the forecast period.

Behavioral Therapy Market: Region-wise Outlook

In 2013, North America and Europe collectively accounted for the largest share of global behavior therapy market. This is due to the presence of large patient population in the regions. Also, heavy work conditions that results in various mental medical conditions has also contributed heavily in sharing large revenue share of the global behavioral market. Asia-Pacific is expected to see highest growth rate during the forecast period owing to aging population. Aged people usually suffer from various mental disorders. In addition, increasing disposable income of the patient population enhance the affordability for receiving such medical services. All the aforementioned parameters would propel the growth of behavior therapy market in Asia-Pacific region from 2014 to 2020.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Regional analysis includes:

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern  Europe
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Report highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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