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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 | Mar 2016

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
$3bn
Annual Growth 11-16
1.7%
Annual Growth 16-21
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Profit
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Employment
33,675
Businesses
655
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 surrounding 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 Analysis Chapter

The Mental Health and Substance Abuse Centres industry fared well over the past five years. As society becomes more knowledgeable about addiction and other mental health issues, acceptance of mental health and substance abuse illnesses will continue to increase. This growing acceptance, in turn, has encouraged more people to seek treatment. Therefore, the industry has experienced growth over the past five years. In addition, health insurance coverage and disposable income have risen over the five-year period, as the Canadian economy largely recovered despite continuing challenges, increasing the affordability of a number of industry services. Consequently, IBISWorld estimates industry revenue will grow at an average annual rate of 1.7% to $2.5 billion... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Mental Health & Substance Abuse Centres Industry?

This industry primarily 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; however, 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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