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Mental Health & Substance Abuse Centres in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Mental Health & Substance Abuse Centres in Canada Market Research Report | NAICS 62322CA | Feb 2013

In good health: A rising population and falling stigma will improve demand for industry services

IBISWorld’s Mental Health & Substance Abuse Centres market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
3.1%
Annual Growth 13-18
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Profit
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Employment
30,291
Businesses
624
Industry Analysis & Industry Trends

The rising awareness and acceptance of mental health and substance abuse illnesses has contributed to steady revenue growth. Over the next five years, demand for mental health and substance abuse treatment is forecast to increase in line with population growth and improvement in the social stigma around mental health. The growing population of aging baby boomers, who are more prone to develop mental illnesses as they age, will further spur industry demand... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Despite the long presence of mental health and substance abuse centres in Canada, the industry is in the growth stage of its life cycle. In the 10 years to 2018, industry value added, which measures the industry's contribution to the overall economy, is expected to grow at annualized rate of 4.3%. Meanwhile, the economy is forecast to grow at an average annual rate of 2.4% during the same period, according to IBISWorld estimates. Nonetheless, consolidation is expected to continue, driven by opportunities to leverage new technologies, use new regulatory initiatives and introduce cost-containment strategies. Thus, consolidation does not indicate a maturing industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Mental Health & Substance Abuse Centres Industry?

This industry provides residential care and treatment for patients with mental illnesses, drug addiction and alcoholism. Industry services include lodging, supervision, evaluation and counselling. Medical services may be available, but these are incidental to counselling, mental rehabilitation and support services.

Industry Products
Treatment for organic disordersTreatment for substance-related disordersTreatment for schizophrenic and psychotic disordersTreatment for mood disordersTreatment for anxiety and personality disordersTreatment for other disorders
 
Industry Activities
Operating residential alcoholism rehabilitation centresOperating residential drug rehabilitation centresOperating residential centres for the mentally disabled or handicapped


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