Cognitive Behavioural Therapy Market Report, Size Growth Rate by Type, Application 2021-2027

A comprehensive overview of the Cognitive Behavioural Therapy Market is recently added by UnivDatos Market Insights to its humongous database. The Cognitive Behavioural Therapy Market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Cognitive Behavioural Therapy Market. The Cognitive Behavioural Therapy Market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the Cognitive Behavioural Therapy Market at the global and regional levels.

The Global Cognitive Behavioural Therapy Market is expected to grow at a significant rate by 2027.

Market Overview

The rising incidences of obsessive-compulsive disorder (OCD), increasing cases of depression, and increased awareness regarding mental health & available therapeutic options propels the market growth of Cognitive Behavioural Therapy.  Moreover, the rising advancements in digital therapy also propel the Cognitive Behavioural Therapy market. For instance, Sandoz and Pear Therapeutics announced the launch of reSET® for the treatment of patients with substance use disorder in 2018. reSET® is the first and only FDA-approved prescription digital therapeutic for substance use disorder (SUD) and reSET in case of outpatient therapy helped in the improvement of abstinence in substances of abuse.

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COVID-19 Impact

During the COVID-19 pandemic, every healthcare industry has been affected globally and a significant effect can be seen on the Cognitive Behavioural Therapy market. The rising incidents of mental health disorder during the pandemic is leading to high demand for Cognitive Behavioural Therapy. As per a study conducted by KFF polling, young adults have been especially hard hit due to pandemic. People ageing between 18-24 is twice as likely as all adults to report increased substance use (25% vs. 13%) or recent suicidal thoughts (26% vs. 11%).

Global Cognitive Behavioural Therapy Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Type, the market is primarily bifurcated into

• Cognitive Behavioral Therapy
• Cognitive Behavioral Play Therapy
• System Desensitization
• Aversion Therapy
• Others

The Cognitive Behavioral Therapy sub-segment dominated the global Cognitive Behavioural Therapy Market and is expected to grow at a noteworthy CAGR by the year 2027.

By Application, the market is primarily segmented into

• Anxiety Disorders
• Depression
• Substance Abuse
• PTSD (Post-Traumatic Stress Disorder)
• Eating Disorders
• ADHD (attention deficit hyperactivity disorder)
• Bipolar disorders
• Others

Amongst Application, Substance Abuse accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.

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By Patient Type, the market is primarily segmented into

• Children
• Adult

Amongst Patient Type, Adult accounted for the largest share in 2020 and are expected to grow at a significant CAGR during the forecast period 2021-2027.

By Treatment Settings, the market is primarily segmented into

• Hospitals
• Outpatient Clinics
• Community Health Centers
• Others 

Amongst Treatment Settings, Outpatient Clinics accounted for the largest share in 2020 and are expected to grow at a significant CAGR during the forecast period 2021-2027.

Cognitive Behavioural Therapy Market Geographical Segmentation Includes:

• North America (United States, Canada, Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World

North America is dominating the Cognitive Behavioural Therapy Market in 2020 and is anticipated to maintain its dominance during the forecast period.

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The major players targeting the market includes

• Allergan, Inc.
• Novartis AG
• Taro Pharmaceutical Industries Ltd.
• Perrigo Company plc
• Zynerba Pharmaceuticals
• Apotex Inc.
• Sandoz AG
• Strides Arcolab Ltd.
• TOLMAR Pharmaceuticals, Inc.
• Limbix

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Cognitive Behavioural Therapy Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Cognitive Behavioural Therapy Market?

• Which factors are influencing the Cognitive Behavioural Therapy Market over the forecast period?

• What are the global challenges, threats, and risks in the Cognitive Behavioural Therapy Market?

• Which factors are propelling and restraining the Cognitive Behavioural Therapy Market?

• What are the demanding global regions of the Cognitive Behavioural Therapy Market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

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