Global Mental Health Market

Mental Health Market by Types of Disorders (Bipolar Disorder, Schizophrenia, Alcohol-use Disorder, Post-traumatic Stress Disorder, Substance Abuse Disorder, Eating Disorder, Depression, Anxiety, and Others), Services (Outpatient Counselling, Inpatient Hospital Treatment Services, Emergency Mental Health Services, Home-based Treatment Services, and Others), Age Groups (Pediatric, Adult, and Geriatric), End-users (Hospitals, Outpatient Clinics, Rehabilitation Centers, and Homecare Setting), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

  • Report ID: HC-4106
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 156
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The global mental health market size was valued at around USD 383.32 billion in 2021 and is estimated to reach around USD 537.98 billion by 2030, expanding at a CAGR of around 3.5% during the forecast period, 2022 – 2030. The growth of the market is attributed to the increasing prevalence of mental disorders and growing awareness regarding mental health across the globe.

Global Mental Health Market Summary

Mental health refers to emotional, psychological, and social well-being of an individual. It affects thoughts, actions, and feelings of an individual. Biological factors, life experiences, and family history contribute to mental health problems. Mental health problems are characterized by low mood, absence of positive emotions, and range of cognitive, emotional, physical, and behavioral symptoms. According to the World Health Organization (WHO), depression is a common mental health disorder with around 5% of adults suffering globally. The WHO states depression as a major contributor to overall global burden of disease.

 The COVID-19 pandemic situation aids in expansion of the global mental health market, due to increased cases of mental illnesses and disruption in medication, treatment, and lifeline support services across the globe. The COVID-19 situation is anticipated to trigger pre-existing mental health conditions, which drives the global mental health market.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising geriatric population is expected to drive the market during the forecast period.
  • Increasing awareness regarding mental health is estimated to fuel the market.
  • Technological advancement is projected to expand the market in the coming years.
  • Growing prevalence of chronic diseases boosts the market.
  • Rising cases of substance and alcohol abuse are estimated to spur the market during the forecast period.
  • Increasing initiatives and fundings to support mental health services fuels the market.
  • Surging number of mental health patients is projected to drive the market during the forecast period.
  • Low rate of adoption of Electronic Health Records (HER), concerns regarding data privacy, and lack of mental health professionals in developing countries are expected to hinder the growth of the market in the coming years.
  • High costs of mental health treatments and negative perception regarding them hampers the growth of the market.
  • Rising adoption of technological advancements in developing countries is expected to offer growth opportunities to key market players.

Scope of the Report

The report on the global mental health market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Mental Health Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Types of Disorders (Bipolar Disorder, Schizophrenia, Alcohol-use Disorder, Post-traumatic Stress Disorder, Substance Abuse Disorder, Eating Disorder, Depression, Anxiety, and Others), Services (Outpatient Counselling, Inpatient Hospital Treatment Services, Emergency Mental Health Services, Home-based Treatment Services, and Others), Age Groups (Pediatric, Adult, and Geriatric), and End-users (Hospitals, Outpatient Clinics, Rehabilitation Centers, and Homecare Setting)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Pyramid Healthcare, Inc.; Universal Health Services, Inc., Strategic Behavioral Health, LLC; Ascension Seton; Behavioral Health Network, Inc.; Sevita; Universal Health Services, Inc.; Acadia Healthcare; CareTech Holdings PLC; North Range Behavioral Health; Promises Behavioral Health; and Others

Market Segment Insights

Depression segment holds a large share of the market

In terms of types of disorder, the market is divided into bipolar disorder, schizophrenia, alcohol-use disorder, post-traumatic stress disorder, substance abuse disorder, eating disorder, depression, anxiety, and others. The depression segment is expected to drive the market during the forecast period, due to growing number of depression cases around the globe. Physical health and mental health are interrelated; therefore, rising prevalence of chronic diseases are anticipated to boost the depression segment in the coming years. The substance abuse disorder segment is estimated to expand rapidly in the forecast period, owing to rising cases of drug and substance abuse among young population.

Inpatient hospital treatment services segment expands rapidly

Based on services, the market is segregated into outpatient counselling, inpatient hospital treatment services, emergency mental health services, home-based treatment services, and others. The inpatient hospital treatment service segment is projected to drive the market during the forecast period, as long hospital stays and re-admissions of patients in inpatient hospital facilities have a high potential of revenue generation for hospitals. The home-based treatment services segment is anticipated to expand rapidly in the coming years, owing to comfort, security, and convenience provided in homecare setting.

Global Mental Health Market by Services

Adult segment boosts the market

On the basis of age groups, the market is divided into pediatric, adult, and geriatric. The adult segment is estimated to drive the market, due to rising cases of mental health disorders among adult age group. Stressful life situations, chronic diseases, and substance or alcohol abuse are some of the causes for increasing mental disorder cases among adults, which drives the market. The geriatric segment is estimated to expand in the coming years, due to rising cases of depression among the geriatric age group.

Outpatient clinics segment drives the market

In terms of end-users, the market is segregated into hospitals, outpatient clinics, rehabilitation centers, and homecare setting. The outpatient clinics segment is projected to expand at a rapid pace during the forecast period, due to rapid technological advancements and increasing penetration of internet in outpatient clinics. Rising awareness regarding mental health and mental health treatments provided by outpatient clinics boost the market.

North America dominates the market

Based on regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is expected to register a high CAGR during the forecast period, due to rising adoption of advanced technologies and growing awareness of mental health among healthcare professionals and individuals. The presence of key market players in the region boosts the market, as they constantly develop mental healthcare services. Increasing healthcare awareness, developing healthcare infrastructure, and rising adoption of advanced healthcare facilities are anticipated to fuel the market in Asia Pacific in the coming years.

Global Mental Health Market by Regions

Segments

The global mental health market has been segmented on the basis of

Types of Disorders
  • Bipolar Disorder
  • Schizophrenia
  • Alcohol-use Disorder
  • Post-traumatic Stress Disorder
  • Substance Abuse Disorder
  • Eating Disorder
  • Depression
  • Anxiety
  • Others
Services
  • Outpatient Counselling
  • Inpatient Hospital Treatment Services
  • Emergency Mental Health Services
  • Home-based Treatment Services
  • Others
Age Groups
  • Pediatric
  • Adult
  • Geriatric
End-users
  • Hospitals
  • Outpatient Clinics
  • Rehabilitation Centers
  • Homecare Setting
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Pyramid Healthcare, Inc.
  • Universal Health Services, Inc.
  • Strategic Behavioral Health, LLC
  • Ascension Seton
  • Behavioral Health Network, Inc.
  • Sevita
  • Universal Health Services, Inc.
  • Acadia Healthcare
  • CareTech Holdings PLC
  • North Range Behavioral Health
  • Promises Behavioral Health
  • Others

Competitive Landscape

The global mental health market is highly competitive with the presence of key players such as Pyramid Healthcare, Inc.; Universal Health Services, Inc., Strategic Behavioral Health, LLC; Ascension Seton; Behavioral Health Network, Inc.; Sevita; Universal Health Services, Inc.; Acadia Healthcare; CareTech Holdings PLC; North Range Behavioral Health; Promises Behavioral Health; and others, who use strategies such as mergers, acquisitions, partnerships, collaborations, and product launches to dominate the market. For example, in March 2021, Acadia Healthcare announced a collaboration with Geisinger Health System, a regional healthcare provider, to build new facilities to provide comprehensive inpatient services. In February 2021, Universal Health Services, Inc. partnered with Southeast Health, a healthcare services provider, to provide accessible and advanced healthcare services in southeast Missouri, US.

Global Mental Health Market by Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mental Health Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Mental Health Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Mental Health Market - Supply Chain
  4.5. Global Mental Health Market Forecast
     4.5.1. Mental Health Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Mental Health Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Mental Health Market Absolute $ Opportunity
5. Global Mental Health Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Mental Health Market Size and Volume Forecast by End Users
     5.3.1. Hospitals
     5.3.2. Outpatient Clinics
     5.3.3. Rehabilitation Centers
     5.3.4. Homecare Setting
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Mental Health Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Mental Health Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Mental Health Demand Share Forecast, 2019-2026
7. North America Mental Health Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Mental Health Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Mental Health Market Size and Volume Forecast by End Users
     7.4.1. Hospitals
     7.4.2. Outpatient Clinics
     7.4.3. Rehabilitation Centers
     7.4.4. Homecare Setting
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Mental Health Demand Share Forecast, 2019-2026
8. Latin America Mental Health Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Mental Health Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Mental Health Market Size and Volume Forecast by End Users
     8.4.1. Hospitals
     8.4.2. Outpatient Clinics
     8.4.3. Rehabilitation Centers
     8.4.4. Homecare Setting
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Mental Health Demand Share Forecast, 2019-2026
9. Europe Mental Health Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Mental Health Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Mental Health Market Size and Volume Forecast by End Users
     9.4.1. Hospitals
     9.4.2. Outpatient Clinics
     9.4.3. Rehabilitation Centers
     9.4.4. Homecare Setting
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Mental Health Demand Share Forecast, 2019-2026
10. Asia Pacific Mental Health Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Mental Health Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Mental Health Market Size and Volume Forecast by End Users
     10.4.1. Hospitals
     10.4.2. Outpatient Clinics
     10.4.3. Rehabilitation Centers
     10.4.4. Homecare Setting
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Mental Health Demand Share Forecast, 2019-2026
11. Middle East & Africa Mental Health Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Mental Health Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Mental Health Market Size and Volume Forecast by End Users
     11.4.1. Hospitals
     11.4.2. Outpatient Clinics
     11.4.3. Rehabilitation Centers
     11.4.4. Homecare Setting
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Mental Health Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Mental Health Market: Market Share Analysis
  12.2. Mental Health Distributors and Customers
  12.3. Mental Health Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Pyramid Healthcare, Inc.
     12.4.2. Universal Health Services, Inc.
     12.4.3. Strategic Behavioral Health, LLC
     12.4.4. Ascension Seton
     12.4.5. Behavioral Health Network, Inc.
     12.4.6. Sevita
     12.4.7. Universal Health Services, Inc.
     12.4.8. Acadia Healthcare
     12.4.9. CareTech Holdings PLC
     12.4.10. North Range Behavioral Health
The global mental health market has been segmented on the basis of

Types of Disorders
  • Bipolar Disorder
  • Schizophrenia
  • Alcohol-use Disorder
  • Post-traumatic Stress Disorder
  • Substance Abuse Disorder
  • Eating Disorder
  • Depression
  • Anxiety
  • Others
Services
  • Outpatient Counselling
  • Inpatient Hospital Treatment Services
  • Emergency Mental Health Services
  • Home-based Treatment Services
  • Others
Age Groups
  • Pediatric
  • Adult
  • Geriatric
End-users
  • Hospitals
  • Outpatient Clinics
  • Rehabilitation Centers
  • Homecare Setting
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Pyramid Healthcare, Inc.
  • Universal Health Services, Inc.
  • Strategic Behavioral Health, LLC
  • Ascension Seton
  • Behavioral Health Network, Inc.
  • Sevita
  • Universal Health Services, Inc.
  • Acadia Healthcare
  • CareTech Holdings PLC
  • North Range Behavioral Health
  • Promises Behavioral Health
  • Others

The global mental health market is highly competitive with the presence of key players such as Pyramid Healthcare, Inc.; Universal Health Services, Inc., Strategic Behavioral Health, LLC; Ascension Seton; Behavioral Health Network, Inc.; Sevita; Universal Health Services, Inc.; Acadia Healthcare; CareTech Holdings PLC; North Range Behavioral Health; Promises Behavioral Health; and others, who use strategies such as mergers, acquisitions, partnerships, collaborations, and product launches to dominate the market. For example, in March 2021, Acadia Healthcare announced a collaboration with Geisinger Health System, a regional healthcare provider, to build new facilities to provide comprehensive inpatient services. In February 2021, Universal Health Services, Inc. partnered with Southeast Health, a healthcare services provider, to provide accessible and advanced healthcare services in southeast Missouri, US.

Global Mental Health Market by Key Players

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FAQ Section

Some frequently asked quetions about this report!

The global mental health market is estimated to register CAGR of around 3.5% during the forecast period.

The global mental health market size was valued at around USD 383.32 billion in 2021.

Bipolar Disorder, schizophrenia, alcohol-use disorder, post-traumatic stress disorder, substance abuse disorder, eating disorder, depression, and anxiety are the types of mental health disorder.

Mental health refers to emotional, psychological, and social well-being of an individual.

Pyramid Healthcare, Inc.; Universal Health Services, Inc., Strategic Behavioral Health, LLC; Sevita; Universal Health Services, Inc.; and Acadia Healthcare are some of the key players in the global mental health market.