Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 2.9 % over the past five years, to reach an estimated $34.6bn in 2024.
Trends and Insights
Destigmatization and policy shifts drive outpatient industry growth
- The decreasing stigma surrounding mental illness and substance abuse has encouraged more individuals to seek help. Also, increased awareness of the benefits of comprehensive treatment has significantly contributed to this demand. The public's heightened focus on substance abuse, particularly due to the opioid crisis, has also driven further growth and investment in outpatient care resources.
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Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Demand for mental health treatment remains strong
- Even though the pandemic has passed, clinics continue to face challenges in treating new patients, which has led to a growing unmet need for mental health services. The number of adults experiencing mental illness or substance abuse symptoms is expected to significantly surpass pre-pandemic levels. Also, changes in mental illness rates among children will result in increased demand at clinics already understaffed.
Biggest companies in the Mental Health & Substance Abuse Clinics in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Universal Health Services, Inc. | 315.6 | 31.7 | 10.1 | |
Acadia Healthcare Company, Inc. | 27.6 | 3.1 | 11.2 |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Outpatient treatment for co-occurring disorders, Outpatient treatment for substance-use disorders only and Outpatient treatment services for mental disorders only. Outpatient treatment for co-occurring disorders is the largest segment of the Mental Health & Substance Abuse Clinics in the US.
Trends and Insights
Rising demand challenges mental health service providers
- Mental health treatments encompass various therapeutic approaches for individuals with psychiatric conditions, with clinic revenue from these services accounting for over one-third of total revenue. New regulations under the Mental Health Parity and Addiction Equity Act have heightened demand, but clinics continue to grapple with fulfilling these needs because of an insufficient supply of professionals.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Mental health and substance abuse clinics provide essential outpatient services for individuals struggling with mental health challenges and substance use disorders. They offer assessments, therapy (individual, group, family), medication management, educational support and case management. These clinics help patients understand their conditions, develop coping strategies and connect with resources.
What's included in this industry?
Outpatient treatment for co-occurring disordersOutpatient treatment for substance-use disorders onlyOutpatient treatment services for mental disorders onlyOther servicesCompanies
Universal Health Services, Inc.Acadia Healthcare Company, Inc.Purchase this report to view all 2 major companies in this industry.
Related Terms
MEDICAIDMEDICAREMENTAL HEALTH PARITYOUTPATIENTINTENSIVE OUTPATIENT PROGRAMIndustry Code
NAICS 62142 - Mental Health & Substance Abuse Clinics in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
A mental health crisis continues. Significant rates of mental illness and an opioid crisis are straining the infrastructure of outpatient mental health clinics nationwide.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Medicaid is the single largest payer of mental health services. Mental health clinics rely on Medicaid reimbursements more than any other revenue source.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Mental health clinics focus on metropolitan areas. Metro areas have larger patient pools, larger concentrations of mental health providers and high reported rates of mental i...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Clinical outcomes measure how successful clinics’ treatments are. Patients and their families seek out clinics with established histories of patient success stories.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Mental health care delivery is fragmented. Mental health and substance abuse clinics are developed to serve local areas based on the level of need in the area, limiting any o...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Universal Health Services, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Acadia Healthcare Company, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Universal Health Services, Inc., and factors influencing its performance in the industry
- Description and key data for Acadia Healthcare Company, Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Substance Abuse and Mental Health Services Administration allocates billions in funding to mental health and substance abuse clinics annually. SAMHSA grants promote acces...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Wages have quickly jumped to over half of revenue. While pandemic-era trends driving wage growth are settling, nationwide shortages of psychiatrists and nonclinical staff pre...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Mental Health & Substance Abuse Clinics in the US industry in United States in 2024?
The market size of the Mental Health & Substance Abuse Clinics in the US industry in United States is $34.6bn in 2024.
How many businesses are there in the Mental Health & Substance Abuse Clinics in the US industry in 2024?
There are 16,056 businesses in the Mental Health & Substance Abuse Clinics in the US industry in United States, which has grown at a CAGR of 5.2 % between 2019 and 2024.
Has the Mental Health & Substance Abuse Clinics in the US industry in United States grown or declined over the past 5 years?
The market size of the Mental Health & Substance Abuse Clinics in the US industry in United States has been growing at a CAGR of 2.9 % between 2019 and 2024.
What is the forecast growth of the Mental Health & Substance Abuse Clinics in the US industry in United States over the next 5 years?
Over the next five years, the Mental Health & Substance Abuse Clinics in the US industry in United States is expected to grow.
What are the biggest companies in the Mental Health & Substance Abuse Clinics in the US market in United States?
The biggest companies operating in the Mental Health & Substance Abuse Clinics market in United States are Universal Health Services, Inc. and Acadia Healthcare Company, Inc.
What does the Mental Health & Substance Abuse Clinics in the US in United States include?
Outpatient treatment for co-occurring disorders and Outpatient treatment for substance-use disorders only are part of the Mental Health & Substance Abuse Clinics in the US industry.
Which companies have the highest market share in the Mental Health & Substance Abuse Clinics in the US in United States?
The company holding the most market share in United States is Universal Health Services, Inc..
How competitive is the Mental Health & Substance Abuse Clinics in the US industry in United States?
The level of competition is moderate and steady in the Mental Health & Substance Abuse Clinics in the US industry in United States.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Mental Health & Substance Abuse Centers in the US
- Psychologists, Social Workers & Marriage Counselors in the US
- Psychiatrists in the US
Complementors
- Hospitals in the US
- Psychiatric Hospitals in the US
International industries
- Crisis and Care Accommodation in Australia
- Crisis and Care Accommodation in New Zealand
- Learning Disability, Mental Health & Substance Abuse Facilities in the UK
- Residential care activities for mental retardation, mental health and substance abuse
View all industries in United States
Methodology
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
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