ABA is a $1.8 billion industry and growing!
ABA is considered the gold standard of treatment for autism by the medical community.
Children under 5 years old are recommended to have 40 hours per week of ABA.
Currently, only 36 percent of Americans have access to ABA
The number of Americans with autism spectrum disorder has increased tenfold in 40 years, and getting higher.
The incidence of autism among American children has soared to 1 in 45. It is estimated that there are 2.1 Million people with Autism. In particular, the USA has witnessed an upsurge in demand for autism screening tests. Insurance coverage for ABA is now so common that the American Medical Association recently announced that as of January 1, 2019, the medical billing codes for ABA will go from temporary to permanent.
Greater awareness, reduction in the social stigma, and better insurance coverage are leading more families to seek ABA treatment. America is expected to emerge as the largest regional autism treatment market globally in the foreseeable future.
Currently, the ABA market is growing at twice the rate of other multi-site healthcare businesses.
The ABA market in the U.S. was valued at $1.8 billion in 2017 and is forecasted to grow to $2.23 billion by 2022. The “average” ABA center grosses about $821,000 per year.
Currently, the autism population is grossly under serviced. The number of new ABA facilities has not kept up with demand, creating a shortage of providers in the market. Most ABA providers report waiting lists, especially those in rural areas.
ABA centers are an extraordinary growth opportunity for franchisees. A growing patient pool and increasing demand for treatment assures a profitable industry. However, rapid expansion and a focus on profits can put quality of care at risk.
SOS Franchising is going to establish a strong presence in the ABA market. We plan to become a key player in the creation of best practice guidelines for the industry. Our quality standards will ensure that our RBTs receive quality trainings, our BCBAs provide close supervision, and that our services are informed by the latest science in ABA.
As a team, SOS franchisees will help address the complex needs and challenges of a market experiencing massive growth and lead the industry into maturity.