U.S. Psychiatry Clinic Market Trends, Drivers And Restraints By 2030
U.S. Psychiatry Clinic Industry Overview The U.S. psychiatry clinic market size was valued at USD 23.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030. Growing prevalence of mental health disorders in the U.S., favourable insurance coverage, and rising demand for mental health services are likely to boost the market growth during the forecast period. Numerous people throughout the United States are feeling greater anxiety as a result of the COVID-19 outbreak. According to a National Mental Health Crisis survey conducted by The Harris Poll on behalf of the APA, nearly 78% agreed that the coronavirus pandemic is a significant source of stress in their lives, while 60% said the number of issues confronting America is overwhelming.According to American Medical Association April 2021 research, 13.6 % of Americans demonstrated indicators of serious psychological distress, up from 3.9 % in 2018. Medicare has a decent coverage for m...