Mental Health Market by Disorder (Schizophrenia, Alcohol Use Disorders, Bipolar Disorder, Depression, Anxiety, Post-Traumatic Stress Disorder, Substance Abuse Disorders, Eating Disorders, and Other Disorders), Service (Emergency Mental Health Services, Outpatient Counselling, Home-Based Treatment Services, Inpatient Hospital Treatment Services, and Other Services), and Age Group (Pediatric, Adult, and Geriatric): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global mental health market was valued at $383.31 million in 2020, and is estimated to reach $537.97 million by 2030, growing at a CAGR of 3.5% from 2021 to 2030. Mental Illness or psychotherapeutic conditions are classified as abnormal thoughts, feelings, and behavior for a determined amount of time, which causes distress or emotional/physical impairment. This includes a wide range of psychological or psychiatric disorders and often requires psychiatric intervention. Furthermore, conditions can be caused by either a biological origin such as genetic, chemical, and anatomical; or a psychological origin such as trauma or conflict. Extraordinary advances have been made in the treatment of mental illness. In addition, an understanding of what causes some mental health disorders has led to greater sophistication in tailoring treatment to the underlying basis of each disorder. As a result, many mental health disorders can now be treated nearly as successfully as physical disorders. Major factors driving the growth of the mental health market include rise in geriatric population, mental health reforms, government initiatives for improving mental healthcare services, and number of people seeking mental health support. On the other hand, low rate of adoption of mental health electronic health records (EHRs), data privacy concerns, and lack of psychiatrists and healthcare IT professionals are expected to restrain the growth of this market. Some recent hurdles faced by competitors in the market include advertising restrictions, label changes, and negative perceptions about mental illness treatments; however, advancements in education and awareness efforts and effectiveness boost market growth. Government initiatives for mental illness are expected to boost the growth of the global mental health market, offering expansion opportunities for market competitors. For instance, in 2017, the Centers for Medicare and Medicaid introduced the psychiatric Collaborative Care Model (CoCM) and Behavioral Health Integration (BHI) under the Chronic Care Management (CCM) services initiative. The global mental health market is segmented into disorder, services, age group, and region. By disorder, the market is categorized into schizophrenia, alcohol use disorders, bipolar disorder, depression, anxiety, post-traumatic stress disorder, substance abuse disorders, eating disorders, and other disorders. By services, the market is categorized into emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services, and other services. By age group, it is divided into a pediatric, adult, and geriatric. Some of the major companies that operate in the global mental health market are Acadia Healthcare, The MENTOR Network, Universal Health Services, Inc., Behavioral Health Network, Inc., CareTech Holdings PLC, Strategic Behavioral Health, Ascension Seton, North Range Behavioral Health, Pyramid Healthcare, and Promises Behavioral Health.
KEY BENEFITS FOR STAKEHOLDERS • This report provides an extensive analysis of the current and emerging market trends and dynamics in the global mental health market to identify the prevailing opportunities. • This study presents the competitive landscape of the global market to predict the competitive environment across geographies. • Comprehensive analysis of factors that drive and restrict the market growth is provided. • Region- & country-wise analysis is provided to understand the market trends and dynamics.
KEY MARKET SEGMENTS
By Disorder • Schizophrenia • Alcohol Use Disorders • Bipolar Disorder • Depression • Anxiety • Post-traumatic Stress Disorder • Substance Abuse Disorders • Eating Disorders • Other Disorders
By Services • Emergency Mental Health Services • Outpatient Counselling • Home-based Treatment Services • Inpatient Hospital Treatment Services • Other Services
By Age Group • Pediatric • Adult • Geriatric
By Region o North America U.S. Canada Mexico o Europe Germany France UK Italy Spain Rest of Europe o Asia-Pacific Japan China India Australia Rest of Asia-Pacific o LAMEA Brazil Saudi Arabia South Africa Rest of LAMEA
The key players profiled in this report are as follows: • Acadia Healthcare • The MENTOR Network • Universal Health Services, Inc. • Behavioral Health Network, Inc. • CareTech Holdings PLC • Strategic Behavioral Health • Ascension Seton • North Range Behavioral Health • Pyramid Healthcare • Promises Behavioral Health
Our reports have been used by over 10K customers, including:
Depression Screening Mental Health market is one of the high-growth prospect industries with potential opportunities throughout 2028. The Depression Screening Mental Health Market growth analysis and insights report analyzes emerging market trends, market size outlook, potential opportunities, market share by Depression Screening Mental Health...
Residential Substance Abuse And Mental Health Facilities market is one of the high-growth prospect industries with potential opportunities throughout 2028. The Residential Substance Abuse And Mental Health Facilities Market growth analysis and insights report analyzes emerging market trends, market size outlook, potential opportunities, market...
251 pages •
By Asia Market Information & Development Company
• Aug 2021
China’s demand for Mental Illness Drugs has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer...
214 pages •
By Asia Market Information & Development Company
• Aug 2021
China’s demand for Central Nervous System Disorder Drugs has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports &...
Narcolepsy (Central Nervous System) - Drugs In Development, 2021 Summary This latest Pharmaceutical and Healthcare disease pipeline guide Narcolepsy - Drugs In Development, 2021, provides an overview of the Narcolepsy (Central Nervous System) pipeline landscape.Narcolepsy is a sleep disorder that...
Orexin Receptor Type 2 - Drugs In Development, 2021 Summary According to the recently published report ’Orexin Receptor Type 2 - Drugs In Development, 2021’; Orexin Receptor Type 2 (Hypocretin Receptor Type 2 or HCRTR2) pipeline Target constitutes close to 16 molecules. Out of which approximately...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Sleep Market Report The sleep market by revenue is expected to grow at a CAGR of 6.11% during the period 2020–2026. Several research studies and government programs help improve awareness explaining the importance of sleep in many countries. The...
The World Health Organization (WHO) made the following statement many years ago, “There is no health without mental health”.Today, as the COVID-19 pandemic ravages the world, another public health crisis is looming over our health systems—that of deteriorating mental health. Mass unemployment, salary reductions, depleting financial...
120 pages •
By Infiniti Research Limited
• Jun 2021
Global Central Nervous System Disorders Therapeutics Market 2021-2025 The analyst has been monitoring the central nervous system disorders therapeutics market and it is poised to grow by $ 24.35 bn during 2021-2025, progressing at a CAGR of 4.44% during the forecast period. Our report on the central nervous system disorders...
The global behavioral health software market is expected to reach USD 4.9 billion by 2026 from USD 2.0 billion in 2021, at a CAGR of 19.6% during the forecast period. The major factors driving the growth of behavioral health software are the increasing adoption of behavioral health software, availability of government funding, government initiatives...
Health Provider Density
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.