Market Analysis - Applied Psychology 2017
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Conference Series LLC heartily invites all the participants to attend 18th International Congress on Applied Psychology and Psychiatry schedule during May 15-16, 2017 at Munich, Germany a leading forum for Psychiatrists, Psychologists, Neurologists, Doctors, healthcare professionals, researchers and students. Applied Psychology 2017 anticipates hundreds of participants around the globe with thought provoking Keynote lectures, Oral and Poster presentations. We are truly honoured to welcome world renowned faculty to Innovate, Educate and Invigorate our attendees. It will provide an opportunity for all stakeholders working on mental health issues to talk about their work. Applied Psychology 2017 will congregate renowned speakers, principal investigators, experts, psychiatrist and researchers from both academia and health care industry will join together to discuss their views and research.
There are an estimated 750,000 mental health and substance abuse providers in the United States, most of whom are master’s-level or bachelor’s-level providers, not doctoral-level psychologists. This field is expected to grow by 29 percent, much faster than average for other occupations. Increased need for these services will result in an estimated 48,200 new jobs by 2022. The need for substance abuse and behavioral disorder counselors, a subset of this field, will increase by 31 percent over the next ten years. Moreover, the worldwide cost of neurological sequela solitary estimated in 2010 was US $2.5 trillion and it is assumed that the value will spike to over US $6 trillion by 2030. Europe is considered as the second largest region for psychiatry research market.
The global pediatric child healthcare market touches around $81.0 billion. Pediatric associations are being funded annually about $629,559 million to $669,841 million for pediatric research
The scope of Psychology is ever-growing due to constantly researches in this field. The salary of trainee clinical psychologists starts at Band 6 (£25,783) of the NHS Agenda for Change (AfC) Pay Rates. After qualification, salaries within the National Health Service (NHS) start at Band 7. A typical starting salary would be in the region of £30,764. The numbers of "psychologists" and "psychiatrists" have been steadily increasing over the last 30 years, psychiatrists more so than psychologists. 893 certified psychiatrists were registered by the end of 2002 which corresponds to roughly one psychiatrist per 9.000 inhabitants. Mental illness affects people of all ages, educational and income levels, and cultures. Approximately 8% of adults will experience major depression at some time in their lives.
The global market for Psychiatric & Mental health drugs was worth $80.5 billion in 2010 and that value is worth to be $88.3 billion in 2015. The global Behavioral health software market in 2014 is $0.75 billion and is expected to reach $1.5 billion by 2019. The global market for mental health drugs can be broken down into different segments by drug category – antipsychotics, antidepressants, antianxiety (anxiolytics), anti-seizure medications, stimulants, cognitive disorders and dementia, sleep disorder treatments, and drug abuse treatments. North America has the biggest market for mental health software, preceded by Europe. According to BBC research the global market for drugs treating mental disorders was valued as $70.1 billion in 2012 and is estimated to have declined slightly too nearly $69 billion in 2013 and by 2018 it aims the market growth approximately to $77.1 billion.
Globally, depression affects about 400 million, dementia affects about 35 million, while Schizophrenia which affects about 21 million people. Unipolar (also known as Major) depressive disorder is the third leading cause of disability worldwide, of any condition mental or physical, accounting for 65.5 million years lost. Overall list, responsible for 23.7 million DALYs globally, while other drug-use disorders accounted for 8.4 million. Schizophrenia causes a total loss of 16.8 million DALY, and bipolar disorder 14.4 million. Panic disorder leads to 7 million years lost, obsessive-compulsive disorder 5.1, primary insomnia 3.6, and post-traumatic stress disorder 3.5 million daily. Over one’s entire lifetime, the average American has a 47.4 percent chance of having any kind of mental health disorder.
The World Health Organization (WHO) shows that 6.8 million people die every year as a result of neurological disorders, in Europe the economic cost of neurological diseases was estimated at about 139 billion euros in 2004. Total European 2010 cost of brain disorders was €798 billion and will grow to $480 billion by 2030.