Open minded: Increased access through healthcare reform will benefit industry demand

The Mental Health and Substance Abuse Clinics industry in Massachusetts has experienced steady growth over the five years to 2018. Demand for mental health and drug and alcohol addiction services has been supported by rising access to both public and private health insurance. Additionally, the current opioid epidemic has strengthened efforts to fight drug addiction and therefore supported industry revenue. Over the five years to 2023, industry revenue is expected to grow at a faster pace, despite funding declines. Additionally, as revenue grows, new companies are projected to enter the industry...purchase to read more.

Industry Statistics & Market Size
Revenue
$665m
Annual Growth 13-18
2.6%
Forecast Growth 18-23
Profit
Employment
11,147
Businesses
347

Industry Threats & Opportunities

  • Increased Medicaid enrollment is expected to support industry revenue growth
  • Industry Report - Industry Investment Chapter

    ***This section is not used for US State reports***...purchase to read more.

    Additional Insights for the Mental Health & Substance Abuse Clinics in Massachusetts Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Mental Health & Substance Abuse Clinics in Massachusetts Industry are

  • Must comply with government regulations
  • Proximity to key markets
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Federal funding for Medicare and Medicaid and Number of people with private health insurance in the Mental Health & Substance Abuse Clinics in Massachusetts industry impact industry performance..

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    What's in this report

    What is the Mental Health & Substance Abuse Clinics in Massachusetts Industry?

    This industry includes establishments with medical staff who primarily provide outpatient services related to the diagnosis and treatment of substance abuse and other mental health disorders. The industry excludes facilities or hospitals that treat inpatients. Furthermore, the industry does not include establishments that primarily use medical treatment to care for mental health patients.

    Industry Products
  • Mental health clinics
  • Mental health community centers
  • Substance abuse clinics (drug-free)
  • Substance abuse clinics (methadone)
  • Industry Activities
  • Outpatient alcoholism treatment centers and clinics (except hospitals)
  • Outpatient detoxification centers and clinics (except hospitals)
  • Outpatient drug addiction treatment centers and clinics (except hospitals)
  • Outpatient mental health centers and clinics (except hospitals)
  • Outpatient psychiatric centers and clinics (except hospitals)
  • Counseling staff and information regarding mental health and substance abuse issues
  • Referring patients to more extensive treatment programs, if necessary
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for Medicare and Medicaid
  • Number of people with private health insurance
  • Number of adults aged 20 to 64 in Massachusetts
  • Per capita disposable income in Massachusetts
  • Federal funding for social services

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Mental Health & Substance Abuse Clinics in Massachusetts Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Primary Care Doctors
  • Specialist Doctors
  • Psychologists, Social Workers & Marriage Counselors
  • Psychiatric Hospitals
  • Mental Health & Substance Abuse Centers
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing

  • Products & Services
  • Substance abuse clinics (methadone)
  • Substance abuse clinics (drug-free)
  • Mental health clinics
  • Mental health community centers
  • Chart: Mental Health & Substance Abuse Clinics in Massachusetts Industry Products and Services Segmentation

  • Major Markets
  • Payments from government insurance
  • Private health insurance payments
  • Other payments
  • Patient out-of-pocket payments
  • Chart: Major Market Segmentation for the Mental Health & Substance Abuse Clinics in Massachusetts Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Mental Health & Substance Abuse Clinics in Massachusetts

  • Basis of Competition
    Barriers to Entry
    Bay Cove Human Services Inc., Beth Israel Deaconess Medical Center, Communities for People Inc., Phoenix House, The Brookline Center for Community Mental Health,
  • Table: Bay Cove Human Services Inc. - financial performance
  • Table: Beth Israel Deaconess Medical Center - financial performance
  • Table: Communities for People Inc. - financial performance
  • Table: Phoenix House - financial performance
  • Table: The Brookline Center for Community Mental Health - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Mental Health & Substance Abuse Clinics in Massachusetts Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Mental Health & Substance Abuse Clinics in Massachusetts Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income in Massachusetts (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Medicaid
  • A jointly funded cooperative venture between the federal and state governments to assist states in the provision of medical care to eligible needy people.
  • Medicare
  • A federally administered system of health insurance available to people aged 65 and over.
  • Mental Health Parity
  • Legislation signed into law in 1996 that requires that dollar limits on mental health benefits be no lower than any such limits for benefits offered by a group health plan or health insurance issuer.
  • Outpatient
  • A patient who receives treatment at a hospital or clinic but is not admitted overnight; a receiver of ambulatory care.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Mental Health & Substance Abuse Clinics in Massachusetts Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Mental Health & Substance Abuse Clinics in Massachusetts industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Mental Health & Substance Abuse Clinics in Massachusetts:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Mental Health & Substance Abuse Clinics in Massachusetts market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Mental Health & Substance Abuse Clinics in Massachusetts, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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