Market Research Blog – Page 15118 – New Product Development

Stretch Mark Removal Products Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2030

According to Future Market Insights (FMI), the market for stretch mark removal products is expected to reach US$ 3 Bn by the end of 2030, rising at a CAGR of 9% between 2020 and 2030. Growing focus on anti-aging care will continue to be a key driver, but FMI analysts found that market is also benefitting from growing focus on weight loss.

From nourishing the skin to removing stretch marks, the demand for effective skincare products is higher than ever before. This, coupled with better access to skincare products at inexpensive prices, has been aiding the expansion of the stretch mark removal products market.

While cream remains one of the leading categories among products available in the market, consumers are gradually moving in favour of more unconventional products such as oils and serums. This paradigm shift is steered by greater focus on deriving benefits from organic and topical ingredients.

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Key Takeaways

Market players are focusing on boosting their organic line of products
Sales through pharmacies are being complemented by the growing online channel
US maintains its position as the largest market, with North America accounting for a sizeable share

The Shift Toward Online Channels

Companies in the stretch mark removal products market are shifting their focus from traditional retail stores to e-commerce platform to boost their sales and increase their customer base.

Ecommerce portals are visited by increasing number of consumers each day. The convenience of shopping, discounts offered, and door-step deliveries are a few benefits of shopping online compared to shopping from brick-and-mortar stores.

Furthermore, online stores present opportunity to compare products and their prices. These factors are tipping scales in flavour of maintaining an online presence. Since the market is highly competitive, an increasing number of players are likely to focus on improving their online visibility. This will augur well for the market in the long run.

Who is winning?

Some of the key players operating in the stretch mark removal products market are Clarins Group, Merz GmbH and Co. KGaA, E.T Browne Drug Co., Union-Swiss Ltd (Bio-Oil), Basq Skincare, Weleda AG, Dermaclara Inc., Mama Mio US Inc., among others.

Some of these companies are focusing more on portfolio expansion. Besides this, they are looking at expanding their physical presence via retail stores. Leading players are even focusing on partnership with prominent retailers to cater to increasing demand.

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• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

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About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Smart Personal Safety and Security Device Market Analysis by Growth, segmentation, performance, Competitive Strategies and Forecast to 2025

Smart personal safety and security devices are user-friendly and autonomous in nature. They can be connected to the internet wirelessly via a third party tool. Smart personal safety device ensures end-user’s safety by monitoring and measuring impact with the device. For example, smart helmet contains flexible inner layer that becomes hard and shock absorbent when it is subjected to impact. While, smart personal security device have the ability to send an emergency message to friends and family instantly on a single press, hence enhances end-user’s safety. These devices are gaining traction in various sports applications and being increasingly used by outdoor enthusiast, which is driving the growth of global smart personal safety and security device market.

Smart Personal Safety and Security Market Segmentation

On the basis of type, the global smart personal safety and security market can be segmented into smart personal safety device and smart personal security device. The smart personal safety device segment includes smart helmet, smart mouth guard, smart knee guard and other device. The global smart personal security device segment is further sub-segmented into bracelet, pendant, key rings and other device. The global smart personal safety and security market can be segmented based on technology which includes networking technology, positioning technology, sensor technology and speech recognition technology segments. On the basis of product the global smart personal safety and security market can be segmented into finger wear, head wear, neck wear and other segments.

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Smart Personal Safety and Security Device Market: Region-wise Outlook

The globalsmart personal safety and security device market is expected to witness a healthy CAGR through 2025 due to growing awareness concerning personal safety and security among users. Regionally, the global personal safety and security device market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Globally, among all the regions, North America is projected to account for the highest market share followed by Western Europe over the projected period from 2015 to 2020. The U.S. is expected to be the dominant market for smart personal safety and security device in the North American region.

Smart Personal Safety and Security Device Market: Drivers

Growing inclination toward sophisticated smart devices with advanced features and new product developments in wrist and neck wear segments is expected to fuel the growth of global smart personal safety and security device market over the forecast period. Furthermore, advancement in communication technologies and growing safety and security concerns among end-users is further supporting the growth of global personal safety and security device market across the globe. However, high initial selling price associated with these devices and lack of awareness across developing regions are expected to hinder the growth of global personal safety and security device market during the forecast period.

Smart Personal Safety and Security Market: Key Players

The key players operating in the global personal safety and security device market includes SKULLY, DAQRI LLC, Force Impact Technologies, McDavid Inc., and Other. Major players in the market follow the strategy of introducing innovative and cost effective solution to buy out competition.

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FMCG Packaging Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2032

The global FMCG packaging market is projected to record a CAGR of 4.3% from 2022 to 2032.

Growing demand from e-commerce industry has been regarded as a vital factor that is expected to support growth prospects of FMCG packaging market in the forthcoming years.

E-commerce sector is one of the major contributors in increasing revenue growth of FMCG packaging market. This sector’s growth is attributed towards rising demand for protective packaging for delivering small-sized products coupled with the convenient packaging options.

The demand for packaging in recent years is being recognized across the emerging markets with developed markets retaining their market share with a modest growth. However, demand from emerging markets is expected to record a double-digit growth in the next five to six years.

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Packaging in the FMCG sector accounts for a large share in the material cost involved in developing a finished product. Thus companies at a global level are developing innovative packaging solutions to minimize the operational cost.

The FMCG packaging market is highly fragmented when analysed from the supply side perspective with less number of companies having a substantial share in the total market. This leads to less entry barriers for new entrants in this market. However, skilled labour, equipment and machinery are identified as barriers for a sustainable growth in the near future.

Favourable economic conditions and demographics in Asia-Pacific has been driving the region’s FMCG packaging market during the forecast period. Multinational companies are planning to eye on Asia-Pacific for business expansion and to attain a competitive edge in the global market. Key players and manufacturers in Asia-Pacific FMCG packaging market are taking immense efforts by customizing and launching their existing products to cater to new consumer demands.

FMCG packaging goods include durable and non-durable goods such as cosmetics, toiletries, detergents, batteries, plastic goods, paper products, etc. Packaging is vital to the FMCG market as it is an essential element for proper positioning of the product.

Packaging allows effective communication between consumers and brand owners through graphics, colours, images, product information and logos. This serves as an important medium for communication and a tool for companies to distinguish product appearance from that of their rivals. In the fast-moving consumer goods (FMCG) sector, packaging plays a key role in affecting consumer choice and thus an important factor in point-of-purchase decisions. Nowadays, the marketing environment has become competitive and complex.

Nestlé S.A., Procter & Gamble Company and PepsiCo Inc. are among the leading FMCG companies across the globe. Other prominent players of the FMCG packaging market include Kimberly-Clark, Altria Group, Kraft Foods, Mondel International Inc., Philip Morris International Inc., Unilever Group, Amcor Limited and Tetra Pak International.

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Crew boats (Standby Crew Vessels) Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2028

Crew boats or standby crew vessels are ships that are located at an offshore installation for any emergency vigilance. These vessels are also used in defence and marine industry for providing safety and rescue of the crew. The crew boats are arranged and equipped with many rescue equipment so that it is capable of retrieving people from the water/vessels/offshore rig and provide them proper first aid and also provide temporarily accommodation for everyone from drilling ship or offshore installation. There are different types of crew boats, depending on three parameters, length, speed and hull form (monohull and multiple hull). Depending on crew boats size and trade area, these boats are comply with different type of provisions. Standby crew vessels or crew boats must have a satisfactory ability to maneuver, position itself and navigation to carry out the intended tasks. Moreover, a crew boat or standby crew vessel has either single propeller or multi-propeller propulsion system depending on the type of crew boat and task.

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Crew boats Market: Dynamics

The primary factor responsible for driving the crew boats market is growth witnessed in maritime transport or seaborne trade wherein large volume of goods take it to the sea for transportation purposes. The shipbuilding industry is also on the rise around the globe which thereby contributes to the growth of the crew boats market in the forecast period. The crew boats market is also aided by the growth witnessed in the offshore oil & gas industry wherein rig staff travel from rig to their stay locations and also provide emergency vigilance to offshore rigs. Moreover, the growth in the marine industry such as fishing and other commercial purpose the demand for these crew boats are also increasing which in turn boost the growth of crew boats market. Marine tourism is also another area which has grown considerably over the past few years especially in the Mediterranean and Asia Pacific region prompting higher requirements of standby crew vessels for safety purpose which thereby helps in the overall growth of the crew boats market.

Though the manufacturers of crew boats do not fall under the category of large revenue generating players, they are keen in continuously developing the product to improve its lifespan, passenger holding capacity and reliability. Shortcomings noticed in product differentiation within the major players has led to the development and various innovations such as large capacity, advanced passenger rescue system or equipment

Crew boats Market: Regional Overview

South East Asia & Pacific and China are expected to remain the most attractive regions in the global Crew boats Market. These regions has high demand for Crew boats which is driven by the demand from the ship building industries and offshore oil & gas industry. However, in terms of production Europe and North America is expected to hold major share of the Crew boats market. Where the North American market is also anticipated for a positive growth due to tighter regulations placed around the mandatory instalment of such rescue ships and also due to increase in offshore activities. Moreover, Latin America is also estimated to grow with significant growth rate over the forecast period, owing to improve in logistic and marine industry in the region.

Crew boats Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Crew boats market includes:

Seacor Marine Llc
Hamiltonjet
Stanford Marine Group
Société Chantiers Allais
Scruton Marine
Seatran Marine, Llc
Southern Marine Services, Inc.
Blount Boats

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Disposable Cups Market Covid-19 Impact Analysis, Size, Share, Key Trends, Demand and Forecast till 2031

Today’s lifestyle has become expeditious and consumers are always on the go. As a cost-effective and convenient options disposable cups come handy as they take a sip into their favorite beverages while running for daily errands.

Future Market Insights (FMI) sees this as an attractive prospect for the sales of disposable cups. Consumer preference for eating out had the demand for on-the-go or take-away beverages exploding. Driven by this, the overall disposable cups sales are expected to total US$ 10.6 Bn in 2021.

Exponential growth of online food ordering also will create opportunities for sales of disposable cups. Foodservice providers prefer disposable cup because they are tamper-proof and keep beverages safe from contamination during transportation. Plastic disposable takeaway cups are economical, solid, and insulation can extend both the hot and cold liquids delivery time.

Additionally, disposable cups with lids and straw slots are easier for quick delivery without the fear of leakage and pouring. Disposable cups do not require much storage space and are extremely easy to carry during transportation and serving.

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Food service providers choose paper or disposable plastic cups over glass because they are unbreakable, time-saving, and easy to clean. Therefore, many fast food joints, cafeterias, and food malls opt for disposable cups as a reliable, safe, and convenient packaging solution to offer quickest delivery to the customers.

Key Takeaways from Disposable Cups Market

The less than 250 ml disposable cups are smaller in size and are easily disposable, biodegradable, and recyclable. These cups will hold a market share of 51.1% by 2031.
Paper is the most preferred material type and will account for 48.6% of market share by 2031.
The beverages segment of disposable cups is projected to be the fastest-growing application segment, accounting for a share of 71.7% during the forecast period due to the rising demand for ready-to-drink beverages.
Among end users, the food retail sector will account for a share of 60.7% in the market by 2031.
Across the globe, Asia Pacific has emerged as the fast-growing market. It is estimated to showcase a CAGR of over 6-7% through the forecast period.

Impact of COVID-19 on Disposable Cups Market

The disposable cups are the safest, secure, and hygienic packaging favoured during the pandemic. The COVID-19 outbreak has affected people drastically. To prevent and control the virus spread hospitals, quarantine centres, and shelter homes have utilized one-time use disposable cups for serving food and beverages to the patients and caretakers.

Disposable cups are quickly discarded, recycled; hence the chances of virus spread can be avoided. Furthermore, disposable cups are also used by foodservice providers as the most economical, easy to carry, and dispose of option, which also caters to concerns pertaining to the health and wellness among consumers.

Disposable Cups Market Landscape

Pactiv LLC., Georgia-Pacific LLC, Huhtamäki Oyj, Dart Container Corporation, Berry Global Group, Inc., and among others are the prominent players in the global disposable cups market. The Tier 1 players in the market hold 15-20% in the global disposable cups market.

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Subsea Multiphase Flowmeter Market 2021: Global Industry Analysis, Size, Share, Growth, Trends And Forecast To 2031

Substantial increase in the focus on developing integrated flow metering solutions with automation and digitalization technologies, suitable for various applications are expected to drive the global subsea multiphase flowmeter market. As per Future Market Insights (FMI), the global subsea multiphase flowmeter market is projected to be valued at ~US$ 616.6 Mn in 2021.

The ongoing COVID-19 crisis has caused severe impact on the global economy. It has resulted in partial to complete shutdown of the supply chain networks and manufacturing activities across certain regions. Subsequently affected the subsea multiphase flowmeter market, adversely affecting growth. However, subsea multiphase flowmeter market is expected to recover sharply as the economic activity resumes post the containment of pandemic.

The production measurement segment is gaining prominence owing to its functionality of measuring the inflow and outflow of oil & gas such. Moreover, in the near future, it is expected that the scope of production measurement can be extended to enhancing inflow profiling in deepwater reserves, which will further augment demand for subsea multiphase flowmeter.

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Key Takeaways of Subsea Multiphase Flowmeter Market Study

Subsea flowmeter market is expected to register 8.5% CAGR between 2021 and 2031
The U.S. is expected to have highest market share the global subsea multiphase flowmeter market. Within North America, it is expected to account for over 66% of sales
The U.K. will emerge as a key market within Europe, exhibiting 5.6% y-o-y growth in 2021
Expansion of oil and gas production will continue supporting growth in Germany and France
China will continue driving sales in East Asia, backed by rising demand for energy

The subsea multiphase flowmeter market is gradually growing at a strong trend in due to increasing integration of technologies with automation and digitalization in subsea multiphase flowmeters for challenging flow metering solutions for regular production monitoring and measurement. Rise in oil and gas investments and increase in oil and gas projects provide extensive opportunities for the subsea multiphase flowmeter market.

Competitive Landscape

The subsea multiphase flowmeter market witness moderate consolidation, in which the leading players account for more than 70% of the market share. The penetration of small regional players makes this market more competitive. Some of the key players in the market are Weatherford, Baker Hughes, AMETEK Inc., Schlumberger Limited, ABB Ltd, TechnipFMC PLC, Emerson, KROHNE Japan KK, Peitro Fiorentini S.p.a., Haimo Technologies Group Corp., and Tokico System Solutions Ltd among others. These players have higher shares in the global market, and have longstanding relationships with a number of end users, giving them an upper hand among their peers.

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Intelligent Vending Machines Market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2027

The vending industry is undertaking a sea-change using intelligent systems technologies to install touch-enabled screens and remote management software to go far beyond just dispensing food and drinks.An intelligent vending machine is one that has an LCD screen for interaction and large table top office vending service machines that have enough surface area to support 6 to 14 inch LCD screens possibly.The integration of features such as face recognition and voice that enables communication between vending machine and consumer is stimulating the industry growth forecasts. These features add intelligence to the systems by sensing and responding to users and offer visual experience with interactive promotions. Intelligent dispensing systems aid in gaining information regarding consumer behavior and preferences. Interactive LCD displays enable vendors to generate more revenue through the display of advertisements and loyalty programs.Office vending systems are expected to increase drive as they facilitate employees to take a quick snack in between breaks without the need of placing an order and waiting for it to be processed.

Intelligent Vending Machines Market: Market Dynamics

Increased government regulations, increased user interactivity, mobile payment options, reduced operating costs, adoption of computing technology, remote management, payment flexibility, improved energy efficiency, software flexibility and adoption of IoT in retail vending, etc. are the drivers of Intelligent vending machines market

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Growing application of strict rules prohibiting sales of junk food increased rental space costs for the installation of these machines, low operating margins and security issues are the restraints affecting the growth of intelligent vending machines market.

Cashless payment using near-field communications technology as there is increasing consumer preference toward cashless payments and adoption of LCD displays and telemetry systems is the latest trend in intelligent vending machines market.

Segmentation Overview

Intelligent vending machines market segmented by type, application, technology and region. By type, intelligent vending machines market segmented into beverages, snacks, commodity and others. Based on application, intelligent vending machines market segmented into fast food restaurant, shopping malls, retail stores, public transport, airport, hospitals, hotels, railway station, schools, and business center. By technology, intelligent vending machines market segmented into cashless systems, telemetry systems and voice recognition.

Intelligent Vending Machines Market: Competition Landscape

Few prominent players in Intelligent Vending Machines market include Crane Co.,Canteen Vending Services, Inc.,Advantech Co. Ltd., Selecta Group AG, Bianchi Vending Group S.p.A, Cantaloupe Systems Inc., Intel Corporation, Glory Global Solutions Inc., Azkoyen Group, USA Technologies Inc., Rhea Vendors Group, MEI Inc. and Coin Acceptors Inc.

Intelligent Vending Machines Market: Regional Outlook

Western Europe is expected to be the dominant player in intelligent vending machines market followed by North America, Asia-Pacific, Japan, and MEA regions. The Asia-Pacific region is projected to emerge as the fastest rising market due to the increased demand in public transport applications in developing countries such as India and China in the forecast period.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

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Ship Repair and Maintenance Services Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2031

The Ship repair and maintenance services market is set to be valued at US$ 44.3 Bn, expanding at 6.5% CAGR through 2031, according to latest research conducted by Future Market Insights (FMI).

Continuous rise in shipbuilding activities and increasing spending in research activities for the expansion of wireless seaborne trade is expected to create growth opportunities during the forecast period.

Demand for ship repair and maintenance services is surging owing to the growing usage of ships for diverse purposes. Governments in many countries are taking initiatives to strengthen the maritime industry.

Based on these factors, the market is anticipated to create incremental opportunities for the ship repair and maintenance services market players during the forecast period (2021-2031).

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Sales are expected to surge due to increasing import-export activity and implementation of favorable regulations encouraging seaborne trade. Ship repair and maintenance play a supporting role in the marine industry. Because of the significant advantages of maritime transportation, ships transport approximately 90% of the world’s imported and exported goods.

The outbreak of COVID-19 however dampened the sales prospects owing to supply chain and market disruption. Nevertheless, with recovery of trade activities and relaxations in international trade, the market is expected to regain its pre-pandemic status.

Key Takeaways from Market Study

In the vessel type segment, bulk carrier is anticipated to grow at an impressive CAGR close to 8%.
In the service type segment, hull part holds nearly 30% of the global market share in 2031.
Demand for passenger ships and ferries are expected to increase at a high pace, encouraging the sales of ship repair and maintenance services.
The market in South Asia & Pacific is projected to create incremental $ opportunity worth US$ 9.6 Bn between 2021 and 2031.
India and Singapore are expected to emerge as the most lucrative market across South Asia & Pacific during the forecast period.

Competitive Landscape

The leading companies are implementing various strategies such as mergers and acquisitions and new product launches to venture into new markets. Some of the key players in this market are Damen Shipyards Group, Sembcorp Industries Ltd., Cochin Shipyard Limited, China Shipbuilding Industry Corporation, Fincantieri S.p.A., Dae Sun Shipbuilding & Engineering Co. Ltd., Hyundai Mipo Dockyards Co. Ltd., Arab Shipbuilding and Repair Yard Company, Keppel Corporation Limited, United Shipbuilding Corporation, Alexandria Shipyard, Dormac Ship repairs, Astican, HOSEI CO. LTD, TSUNEISHI SHIPBUILDING Co. Ltd and Dundee Marine & Industrial Services Pte Ltd.

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Robotic Lawn Mower Market Perspective, Comprehensive Analysis, Growth and Forecast 2021-2031

According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031).

Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient.

Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth of the robotic lawn mower market during the forecast period.

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Key Takeaways of Robotic Lawn Mower Market Study

In terms of segmental analysis, the sales of robotic lawn mowers are expected to remain concentrated to residential end use; nevertheless, sales in the commercial segment are projected to witness hefty growth over the coming years.
e-Commerce growth across the globe squarely proliferates a robust outlook for manufacturers to sell their robotic lawn mowers through online channels/retail partners such as Amazon, e-bay, Alibaba, The Home Depot, etc.
Demand in the Europe-based consumer market has grown rapidly in recent years, and still shows a substantial growth opportunity, as the robotic lawn mower market in the region is far from saturation.
GPS and Bluetooth-enabled robotic lawn mowers and wireless mobile devices are potential investment options for manufacturers. Multiple voice interaction is also being provided in upcoming connected robotic lawn mowers.

Robotic Lawn Mower Market : Competitive Landscape

The global robotic lawn mower market is significantly consolidated, with a few players holding a prominent share of nearly 50% in the market space.

Some of the key players operating in the global robotic lawn mower market are Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., and Robert Bosch GmbH, among others.

Moreover, to win over market imponderables and shakeouts, manufacturers such as Husqvarna, MTD, and Honda are expanding their geographic reach to South East Asia & Pacific.

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Behavioural Health Market Is Expected To Expand At 3.4% CAGR Over The Forecast Period 2022-2028

North America is expected to hold the highest revenue share in the global behavioural health market over the forecast period. Currently, over 43.8 million adults in the U.S. are suffering from mental illness, which is fuelling demand for behavioral health services. Developing economies are witnessing large demand for home care services, day care services, and internet-counselling services, which is further expected to boost revenue growth of the behavioural health market in emerging markets.

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Segmental Analysis & Forecast

The global behavioural health market is segmented based on service type, disorder type, and region. Based on service type the market is segmented into outpatient counselling, intensive case management, home-based treatment services, inpatient hospital treatment, emergency mental health service and others. The inpatient hospital treatment services type segment is expected to represent highest revenue share in the global behavioural health market. Home-based treatment services are expected to gain popularity among people in the coming years and this segment is expected to expand at a CAGR of 4.0% over the forecast period.

Based on disorder type the market is segmented into the anxiety disorder, bipolar disorder, depression, eating disorder, post-traumatic stress disorder (PSTD), substance abuse disorder and others. Among all disorder types, the anxiety disorder segment is anticipated to continue to lead the global behavioural health market due to a high patient pool globally and high adoption of behavioural health therapy among patients suffering from anxiety issues. According to the WHO, globally 260 million people are suffering from anxiety disorder.

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Increased exposure to drugs and alcohol among young adults and strengthening insurance coverage policies for mental health are identified as key trends among end users in the global behavioural health market. Furthermore, rehabilitation programs for substance abuse disorder patients, outpatient counselling for ADHD affected children, and campaigns to spread awareness regarding mental disorders and drug addiction, etc. are some of the major factors that are driving the growth of the global behavioural health market. Government initiatives to reduce the burden of mental illness and rehabilitation services by non-government organizations (NGO) are further expected to positively impact revenue growth of the global behavioural health market.

Competition Analysis

The global market for behavioural health is fragmented with many local and regional level players operating in the worldwide market. Some of the key players featured in the global behavioural health market report include Acadia Healthcare Co., Inc., Universal Health Services Inc., Magellan Health Inc., National Mentor Holdings Inc., Behavioral Health Services Inc., Behavioral Health Network Inc., North Range Behavioral Health, Strategic Behavioral Health LLC, Seton Healthcare Family (Ascension Health) and Ocean Mental Health Services Inc. etc. among others.

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From 2013 to 2021, the behavioural health market registered a CAGR of 3.0%. Behavioural health includes non-pharmacological therapies for conditions such as mental health, substance abuse disorder, anxiety issues etc. A considerable chunk of population struggle throughout their lives to cope with mental illnesses, such as personality disorders or depression, substance abuse disorders or other addictive behaviours.