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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 | Apr 2015

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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
1.1%
Annual Growth 15-20
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Profit
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Employment
34,245
Businesses
638
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 Investment Chapter

This industry has a low level of capital intensity and is relatively labour intensive. IBISWorld estimates that for every $1.00 spent on wages, industry operators will spend $0.06 in capital investment. Capital investment is mainly in facility equipment and technology. Over the past five years, capital intensity remained virtually unchanged; in 2010, for every $1.00 spent on wages, industry operators spent about $0.06 in capital investment.

Accounting for about 48.1% of total revenue, wages make up the single largest operating expense for industry operators. A high staff-to-resident ratio is required in substance abuse facilities because some residents require a high level of care. Furthermore, psychotic patients or drug-induced patients may require close observation... 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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