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Cognitive Behavioral Therapy [CBT] Market Report Scope & Overview

The Cognitive Behavioral Therapy [CBT] Market size was valued at USD 159.21 billion in 2022 and is expected to reach USD 294.01 billion by 2030 and grow at a CAGR of 8.2% over the forecast period of 2023-2030.

The Cognitive Behavioral therapy is expected to grow on a large scale as the number of  people suffering from mental health issues is growing on a daily basis, cognitive Behavioral therapy is mostly for the people who are suffering from mental health issues i.e. anxiety, panic attacks,  depression, eating disorders, in CBT therapists addresses the clients problems and try to solve the problems with a different perspective, the major objective of the therapist during the CBT sessions is to make sure that the clients mindset and beliefs  gets shifted , he/she can socially be more confident and also move on with his/her past traumas, Basically a CBT is one to one talk where a client has to visit the clinic twice or thrice a week, the techniques which are used by the therapist most probably include, specific tasks are assigned to clients which they have to complete it within a week and review is been done so that they can measure the difference, also different strategies are made for the clients with respect to the problems they are facing. The therapy is mostly customized depending on the client’s problems and situations, this type of counselling is not specific or precise it can vary from person to person whereas the rising awareness among the youths and adults as well regarding health disorders and the fact that it can be treated is the major reason why the CBT market will see a good growth during the forecasted period. Initiative taken by the organizations for CBT and rise in the access to the therapy because of the rising prevalence of mental health issues all around the globe is contributing to the growth of the cognitive Behavioral therapy market.

Cognitive Behavioral Therapy [CBT] Market Revenue Analysis

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Impact of Covid-19

The Covid 19 definitely had a negative impact on human mindset which led to rise in the mental health issues all around the globe and which gradually  increased the demand for the CBT, the situation and scenario which got invaded because of Covid 19  was the obvious reason because of which people were facing mental health issues, the great initiative taken by the World Health Organization (WHO) during the COVID 19  in terms of making people aware about the mental health conditions of people definitely affected the market on a good scale, the CBT market did faced problem because of the rule and guidelines of lockdown imposed by the government which made it very difficult for the therapists and clients to get tangible access to one another. The rise in the awareness of virtual access and the online therapy sessions helped the CBT market to hold its grip during the pandemic, and the demand of the CBT market rose post covid due to the demand for the counselling as people suffered in terms of business issues and personal losses which made the situation worst considering human mindset.

Market Dynamics

Drivers

  • Rise in the demand for the CBT in the developed countries.

  • Increase in mental health issues because of day-to-day life problems or world crisis which affects individuals on a personal level.

Restrain

  • High cost of cognitive behavioral therapy.

  • The perception of Cognitive behavioral therapy is considered as luxury.

Opportunity

  • The rising awareness about the mental health issues all around the globe and the fact that it can be treated with the help of CBT is the opportunistic factor for CBT market.

  •  The initiatives taken by the government and institutes all around the globe to create awareness for the mental health issues.

  • Organizations like PAHO (Pan American Health Org), WHO (World Health Organization) and others takes initiatives in organizing the campaigns in favor of mental health which will give a boost to CBT market.   

Challenge

  • To increase the adaptability of CBT in the emerging and undeveloped countries.

Impact of Ongoing Recession:

The impact of recession will be a total situation based for the CBT market during the recession the market will only get affected based on  perception of people regarding their mental health, as we know the CBT is expensive so there are chances people may neglect their mental health, looking at the past records during their 2009 recession there was a decline in the number of regular visits and rise in the patients showing up in the emergency cases this sates that recession brings changes in the perception of people and as a fact that CBT is expensive people may look at CBT in a different manner, thus the impact will be totally moderate and situational based.

Regional Analysis

North America is the dominant region for the CBT market as the rising awareness in the developed and the emerging countries of that particular region is the major reason because of which the market will see a good growth, Also the rise in the number of mental health issues in those regions is the driving factor. 

Europe is the region which will have the second highest share because of the rising prevalence of mental health and Behavioral issues and the initiative taken by the EABCT to create awareness and take actions in terms of making people aware about their mental health.

The initiative taken by the organization in APC region in order to promote the awareness regarding the availability of training services of the patients who are in need as the rising prevalence of cognitive Behavioral therapy is increasing. 

Key Market segmentation

By Type

  • Cognitive therapy

  • Dialectical behavior therapy

  • Multimodal therapy

  • Rational emotive behavior therapy (REBT)

By Indications

  • Addiction

  • Anger Issues

  • Depression

  • Anxiety

  • Panic Attacks

  • Phobias

By Age Group

  • Children

  • Adult

  • Geriatric

By Service provider

  • Hospitals & Clinics

  • Specialty Hospitals

  • Rehabilitation Centers

  • Home Care

  • Others

Cognitive Behavioral Therapy [CBT] Market Segmentation Analysis

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REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players

The major key players Magellan Health Inc., Acadia HealthCare, Universal Healthcare Services Inc, Springstone, American addiction Centres, Peoples Care Holding Inc, Behavioral Health Group & Other Players.

Universal Healthcare Services Inc-Company Financial Analysis

Company Landscape Analysis

Recent Developments by key players and organization.

  • The partnership between the UNC and Acadia, the major objective behind the partnerships to fund the development of an opioid settlement.

  • The cognitive Behavioral therapy is been practiced in schools to make help students for their mental health and biaural; issues which they might be facing in their schools, the major objective behind CBT in school is to help students in how to think.

  • The initiative taken by the EABCT to support Ukraine as the war will led to affect the mental health of the people living ibn those regions, the anti-war protest taken by the organization may help the people deal with their problems and also the steps action taken the ESTSS to help the people suffering in this war as their major objective is to make everyone aware that this war is leading to mental health issues for the people who are involves directly or indirectly.

Cognitive Behavioral Therapy Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 159.21 Billion
Market Size by 2030  US$ 294.01 Billion
CAGR   CAGR of 8.2 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Cognitive therapy, Dialectical behaviour therapy, Multimodal therapy, Rational emotive behaviour therapy (REBT)
• By Indications (Addiction, Anger Issues, Depression, Anxiety, Panic Attacks, Phobia)
• By Age Group (Children, Adult, Geriatric)
• By Service provider (Hospitals & Clinics, Specialty Hospitals, Rehabilitation Centres, Home Care, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Magellan Health Inc., Acadia HealthCare, Universal Healthcare Services Inc, Springstone, American addiction Centres, Peoples Care Holding Inc, Behavioral Health Group 
Key Drivers • Rise in the demand for the CBT in the developed countries.
• Increase in mental health issues because of day-to-day life problems or world crisis which affects individuals on a personal level.
Market Opportunity • The rising awareness about the mental health issues all around the globe and the fact that it can be treated with the help of CBT is the opportunistic factor for CBT market.
• The initiatives taken by the government and institutes all around the globe to create awareness for the mental health issues.

 

Frequently Asked Questions

Ans: The Cognitive Behavioral Therapy Market size is expected to reach USD 294.01 Bn by 2030.

  • High cost of cognitive behavioral therapy.

  • The perception of Cognitive behavioral therapy is considered as luxury

North America is the dominant region for the CBT market as the rising awareness in the developed and the emerging countries of that particular region is the major reason because of which the market will see a good growth.

Ans: The Cognitive behavioral therapy market is to grow at a CAGR of 8.2% Over the Forecast Period 2023-2030.

The major key players Magellan Health Inc, Acadia HealthCare, Universal healthcare Services Inc, Springstone, American addictuion Centres, Peoples care Holding Inc, Behavioral health group

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World


5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Cognitive Behavioral Therapy Market, By Type
8.1 Cognitive therapy
8.2 Dialectical behaviour therapy
8.3 Multimodal therapy
8.4 Rational emotive behaviour therapy (REBT)


9. Cognitive Behavioral Therapy Market, By Indications
9.1 Addiction
9.2 Anger Issues
9.3 Depression
9.4 Anxiety
9.5 Panic Attacks
9.6 Phobias

10. Cognitive Behavioral Therapy Market, By Age Group
10.1 Children
10.2 Adult
10.3 Geriatric


11. Cognitive Behavioral Therapy Market, By Service provider
11.1 Hospitals & Clinics
11.2 Specialty Hospitals
11.3 Rehabilitation Centres
11.4 Home Care
11.5 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Global Cognitive Behavioral Therapy Market by country
12.2.2North America Global Cognitive Behavioral Therapy Market by Type
12.2.3 North America Global Cognitive Behavioral Therapy Market by Indicatio
12.2.4 North America Global Cognitive Behavioral Therapy Market by Age Group
12.2.5 North America Global Cognitive Behavioral Therapy Market by Service Provider
12.2.6 USA     
12.2.6.1 USA Global Cognitive Behavioral Therapy Market by Type
12.2.6.2 USA Global Cognitive Behavioral Therapy Market by Indication
12.2.6.3 USA Global Cognitive Behavioral Therapy Market by Age Group
12.2.6.4 USA Global Cognitive Behavioral Therapy Market by Service Provider
12.2.7 Canada 
12.2.7.1 Canada Global Cognitive Behavioral Therapy Market by Type
12.2.7.2 Canada Global Cognitive Behavioral Therapy Market by Indication
12.2.7.3 Canada Global Cognitive Behavioral Therapy Market by Age Group
12.2.7.4 Canada Global Cognitive Behavioral Therapy Market by Service Provider
12.2.8 Mexico 12.2.8.1 Mexico Global Cognitive Behavioral Therapy Market by Type
12.2.8.2 Mexico Global Cognitive Behavioral Therapy Market by Indication
12.2.8.3 Mexico Global Cognitive Behavioral Therapy Market by Age Group
12.2.8.4 Mexico Global Cognitive Behavioral Therapy Market by Service Provider
12.3 Europe  
12.3.1 Europe Global Cognitive Behavioral Therapy Market by country
12.3.2 Europe Global Cognitive Behavioral Therapy Market by Type
12.3.3 Europe Global Cognitive Behavioral Therapy Market by Indications
12.3.4 Europe Global Cognitive Behavioral Therapy Market by Age Group
12.3.5 Europe Global Cognitive Behavioral Therapy Market by Service Provider
12.3.6 Germany
12.3.6.1 Germany Global Cognitive Behavioral Therapy Market by Type
12.3.6.2 Germany Global Cognitive Behavioral Therapy Market by Indication
12.3.6.3 Germany Global Cognitive Behavioral Therapy Market by Age Group
12.3.6.4 Germany Global Cognitive Behavioral Therapy Market by Service Provider
12.3.7 UK
12.3.7.1 UK Global Cognitive Behavioral Therapy Market by Type
12.3.7.2 UK Global Cognitive Behavioral Therapy Market by Indication
12.3.7.3 UK Global Cognitive Behavioral Therapy Market by Age Group
12.3.7.4 UK Global Cognitive Behavioral Therapy Market by Service Provider
12.3.8 France
12.3.8.1 France Global Cognitive Behavioral Therapy Market by Type
12.3.8.2 France Global Cognitive Behavioral Therapy Market by Indication
12.3.8.3 France Global Cognitive Behavioral Therapy Market by Age Group
12.3.8.4 France Global Cognitive Behavioral Therapy Market by Service Provider
12.3.9 Italy
12.3.9.1 Italy Global Cognitive Behavioral Therapy Market by Type
12.3.9.2 Italy Global Cognitive Behavioral Therapy Market by Indication
12.3.9.3 Italy Global Cognitive Behavioral Therapy Market by Age Group
12.3.9.4 Italy Global Cognitive Behavioral Therapy Market by Service Provider
12.3.10 Spain
12.3.10.1 Spain Global Cognitive Behavioral Therapy Market by Type
12.3.10.2 Spain Global Cognitive Behavioral Therapy Market by Indication
12.3.10.3 Spain Global Cognitive Behavioral Therapy Market by Age Group
12.3.10.4 Spain Global Cognitive Behavioral Therapy Market by Service Provider
12.3.11 The Netherlands
12.3.11.1 Netherlands Global Cognitive Behavioral Therapy Market by Type
12.3.11.2 Netherlands Global Cognitive Behavioral Therapy Market by Indication
12.3.11.3 Netherlands Global Cognitive Behavioral Therapy Market by Age Group
12.3.11.4 Netherlands Global Cognitive Behavioral Therapy Market by Service Provider
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Global Cognitive Behavioral Therapy Market by Type
12.3.12.2 Rest of Europe Global Cognitive Behavioral Therapy Market by Indication
12.3.12.3 Rest of Europe Global Cognitive Behavioral Therapy Market by Age Group
12.3.12.4 Rest of Europe Global Cognitive Behavioral Therapy Market by Service Provider
12.4 Asia-Pacific
12.4.1 Asia Pacific Global Cognitive Behavioral Therapy Market by country
12.4.2 Asia Pacific Global Cognitive Behavioral Therapy Market by Type
12.4.3 Asia Pacific Global Cognitive Behavioral Therapy Market by Indication
12.4.4 Asia Pacific Global Cognitive Behavioral Therapy Market by Age Group
12.4.5 Asia Pacific Global Cognitive Behavioral Therapy Market by Service Provider
12.4.6 Japan
12.4.6.1 Japan Global Cognitive Behavioral Therapy Market by Type
12.4.6.2 Japan Global Cognitive Behavioral Therapy Market by Indication
12.4.6.3 Japan Global Cognitive Behavioral Therapy Market by Age Group
12.4.6.4 Japan Global Cognitive Behavioral Therapy Market by Service Provider
12.4.7 South Korea
12.4.7.1 South Korea Global Cognitive Behavioral Therapy Market by Type
12.4.7.2 South Korea Global Cognitive Behavioral Therapy Market by Indication
12.4.7.3 South Korea Global Cognitive Behavioral Therapy Market by Age Group
12.4.7.4 South Korea Global Cognitive Behavioral Therapy Market by Service Provider
12.4.8 China 
12.4.8.1 China Global Cognitive Behavioral Therapy Market by Type
12.4.8.2 China Global Cognitive Behavioral Therapy Market by Indication
12.4.8.3 China Global Cognitive Behavioral Therapy Market by Age Group
12.4.8.4 China Global Cognitive Behavioral Therapy Market by Service Provider
12.4.9 India
12.4.9.1 India Global Cognitive Behavioral Therapy Market by Type
12.4.9.2 India Global Cognitive Behavioral Therapy Market by Indication
12.4.9.3 India Global Cognitive Behavioral Therapy Market by Age Group
12.4.9.4 India Global Cognitive Behavioral Therapy Market by Service Provider
12.4.10 Australia
12.4.10.1 Australia Global Cognitive Behavioral Therapy Market by Type
12.4.10.2 Australia Global Cognitive Behavioral Therapy Market by Indication
12.4.10.3 Australia Global Cognitive Behavioral Therapy Market by Age Group
12.4.10.4 Australia Global Cognitive Behavioral Therapy Market by Service Provider
12.4.11 Rest of Asia-Pacific
12.4.11.1 APAC Global Cognitive Behavioral Therapy Market by Type
12.4.11.2 APAC Global Cognitive Behavioral Therapy Market by Indication
12.4.11.3 APAC Global Cognitive Behavioral Therapy Market by Age Group
12.4.11.4 APAC Global Cognitive Behavioral Therapy Market by Service Provider
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Global Cognitive Behavioral Therapy Market by country
12.5.2 The Middle East & Africa Global Cognitive Behavioral Therapy Market by Type
12.5.3 The Middle East & Africa Global Cognitive Behavioral Therapy Market by Indication
12.5.4 The Middle East & Africa Global Cognitive Behavioral Therapy Market by Age Group
12.5.5 The Middle East & Africa Global Cognitive Behavioral Therapy Market by Service Provider
12.5.6 Israel 
12.5.6.1 Israel Global Cognitive Behavioral Therapy Market by Type
12.5.6.2 Israel Global Cognitive Behavioral Therapy Market by Indication
12.5.6.3 Israel Global Cognitive Behavioral Therapy Market by Age Group
12.5.6.4 Israel Global Cognitive Behavioral Therapy Market by Service Provider
12.5.7 UAE 
12.5.7.1 UAE Global Cognitive Behavioral Therapy Market by Type
12.5.7.2 UAE Global Cognitive Behavioral Therapy Market by Indication
12.5.7.3 UAE Global Cognitive Behavioral Therapy Market by Age Group
12.5.7.4 UAE Global Cognitive Behavioral Therapy Market by Service Provider 
12.5.8 South Africa 
12.5.8.1 South Africa Global Cognitive Behavioral Therapy Market by Type
12.5.8.2 South Africa Global Cognitive Behavioral Therapy Market by Indication
12.5.8.3 South Africa Global Cognitive Behavioral Therapy Market by Age Group
12.5.8.4 South Africa Global Cognitive Behavioral Therapy Market by Service Provider
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Global Cognitive Behavioral Therapy Market by Type
12.5.9.2 Rest of Middle East & Asia Global Cognitive Behavioral Therapy Market by Indication
12.5.9.3 Rest of Middle East & Asia Global Cognitive Behavioral Therapy Market Age Group
12.5.9.4 Rest of Middle East & Asia Global Cognitive Behavioral Therapy Market by Service Provider
12.6 Latin America
12.6.1 Latin America Global Cognitive Behavioral Therapy Market by country
12.6.2 Latin America Global Cognitive Behavioral Therapy Market by Type
12.6.3 Latin America Global Cognitive Behavioral Therapy Market by Indication
12.6.4 Latin America Global Cognitive Behavioral Therapy Market by Age Group
12.6.5    Latin America Global Cognitive Behavioral Therapy Market by Service Provider
12.6.6 Brazil 
12.6.6.1 Brazil Global Cognitive Behavioral Therapy Market by Type
12.6.6.2 Brazil Africa Global Cognitive Behavioral Therapy Market by Indication
12.6.6.3 Brazil Global Cognitive Behavioral Therapy Market by Age Group
12.6.6.4 Brazil Global Cognitive Behavioral Therapy Market by Service Provider
12.6.7 Argentina 
12.6.7.1 Argentina Global Cognitive Behavioral Therapy Market by Type
12.6.7.2 Argentina Global Cognitive Behavioral Therapy Market by Indication
12.6.7.3 Argentina Global Cognitive Behavioral Therapy Market by Age Group
12.6.7.4 Argentina Global Cognitive Behavioral Therapy Market by Service Provider
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Global Cognitive Behavioral Therapy Market by Type
12.6.8.2 Rest of Latin America Global Cognitive Behavioral Therapy Market by Indication
12.6.8.3 Rest of Latin America Global Cognitive Behavioral Therapy Market by Age Group
12.6.8.4 Rest of Latin America Global Cognitive Behavioral Therapy Market by Service Provider

13. Company Profile
13.1 Medline
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View

13.2 Invacare
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View


13.3 Quantum Rehab
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View


13.4 Numotion
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 , Seating Matters
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View

13.6 Karman healthcare
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View


13.7 21 st century scientific
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View

13.8 Neobolt
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View


13.9 Graham Field Healthcare Products
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View

13.10 Sunrise Medical LLC
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
13. Ottobock Healthcare .
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments

15. Used Cases and Best practices

16. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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