Insights

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September 19, 2024
The Growing Adolescent Behavioral Health Market

Favorable industry trends promoting increased access to care, better provider training, enhanced reimbursement models, the rise of telehealth, and the continued march towards value-based care are fueling innovation and investor interest in adolescent behavioral health.

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There continues to be an increased urgency to address behavioral health shortfalls in the U.S., and in recent years, attention has meaningfully shifted focus towards the well-being of adolescents (ages 12-17). This demographic now represents a major segment of the broader behavioral health landscape, driven by a surge in mental health issues among today’s youth. According to the American Psychological Association (APA), the demand for adolescent mental health services is only growing – ~50% of psychologists in 2022 reported increases in the number of adolescent patients treated – highlighting the pressing need for more effective solutions.

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AUTHORS

Jonathan Hill

Jeff Jones

Richard Luna

TAGS

Healthcare services

Behavioral Health