The Psychiatric Hospitals industry has grown slowly over the past five years, as increasing awareness and acceptance of mental illness has been offset by government funding being transferred towards community-based psychiatric treatments, which are not part of the industry. The industry's direction has largely been determined by the fourth national mental health plan, released in November 2009. Community-based preventative treatments for outpatients have driven demand away from the industry, as more work has been put into preventing patients from needing to attend more costly treatment in psychiatric hospitals.
This industry consists of hospitals that primarily provide specialist psychiatric treatment.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.