Press release
Mental Health Market to Reach USD 112.87 Billion by 2030, Driven by Rising Awareness and Aging Population
Mental Health Market Size & Trends | Mordor Intelligence
The global mental health market is projected to grow from USD 95.03 billion in 2025 to USD 112.87 billion by 2030, reflecting a compound annual growth rate (CAGR) of 3.5% during the forecast period.
This growth is influenced by factors such as the increasing prevalence of mental disorders, a growing geriatric population, and heightened awareness through public health campaigns. Mental health conditions, including depression, anxiety, and schizophrenia, are becoming more recognized, leading to greater demand for effective treatment and support services.
Report Overview: https://www.mordorintelligence.com/industry-reports/mental-health-market?utm_source=openpr
Key Trends
1. Rising Prevalence of Mental Disorders
Mental health disorders are affecting a significant portion of the global population. According to the World Health Organization, one in eight people worldwide experiences a mental disorder, highlighting the urgent need for accessible mental health services.
2. Aging Population
The global increase in the elderly population is contributing to the demand for mental health services, as older adults are more susceptible to conditions like depression and dementia. This demographic shift necessitates tailored mental health care strategies to address the unique needs of the aging population.
3. Public Awareness Campaigns
Initiatives aimed at raising mental health awareness are playing a crucial role in reducing stigma and encouraging individuals to seek help. For instance, the National Alliance on Mental Illness (NAMI) launched the "MoreThanEnough" campaign in May 2023 to promote mental health awareness and support.
Market Segmentation
By Mental Health Disorder:
Depression: Characterized by persistent sadness and loss of interest, depression is one of the most common mental health disorders globally.
Bipolar Disorder: Involves episodes of mood swings ranging from depressive lows to manic highs.
Schizophrenia: A severe mental disorder affecting how a person thinks, feels, and behaves.
Anxiety: Encompasses disorders characterized by excessive fear or worry.
Post-Traumatic Stress Disorder (PTSD): Develops after exposure to a traumatic event.
Other Mental Disorders: Includes a range of other conditions affecting mental health.
By Services:
Inpatient Treatment Services: Hospital-based care for individuals requiring intensive treatment.
Residential Treatment Services: Live-in facilities providing structured therapeutic programs.
Outpatient Treatment Services: Therapy and counseling services without hospital admission.
Emergency Mental Health Services: Immediate care for acute mental health crises.
Other Mental Health Services: Includes various support services catering to mental health needs.
By Age Group:
Pediatric: Mental health services tailored for children and adolescents.
Adult: Services addressing the mental health needs of the adult population.
Geriatric: Focused on mental health care for the elderly.
By Geography:
North America: Currently holds the largest market share, driven by structured care systems and employer-supported programs.
Europe: Experiencing steady growth with a focus on quality standards and accessibility.
Asia-Pacific: Identified as the fastest-growing market, influenced by increasing urbanization and dual-income households.
Middle East and Africa: Emerging markets with potential for growth as awareness and infrastructure improve.
South America: Moderate growth expected, influenced by economic factors and policy developments.
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Key Players
The mental health market features several key players:
Universal Health Services, Inc. (UHS)
Behavioral Health Services
Vita Health Group
Sevita
CareTech Holdings PLC
These organizations are expanding their services and forming partnerships to meet the evolving demands of individuals seeking mental health care.
Conclusion
The global mental health market is poised for growth, driven by increasing awareness, a growing elderly population, and the rising prevalence of mental health disorders. As societies continue to recognize the importance of mental well-being, the demand for comprehensive and accessible mental health services is expected to rise, shaping the future of healthcare delivery.
Industry Related Reports
Emerging Mental Health Devices and Platforms Market:
The report covers Global Emerging Mental Health Devices and Platforms Market is segmented by product type (platforms and devices), application (stress, anxiety, depression, bipolar disorder, and other applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America).
Get more insights: https://www.mordorintelligence.com/industry-reports/emerging-mental-health-devices-platform-market?utm_source=openpr
AI-Powered Mental Health Solutions Market
The AI-Powered Mental Health Solutions Market report segments the industry into By Software Solutions (Machine Learning (ML) Models, Natural Language Processing (NLP), and more), By Component (Software-as-a-Service, Hardware), By Application (Diagnostics Assistance, and more), By End-User, and Geography.
Get more insights: https://www.mordorintelligence.com/industry-reports/ai-powered-mental-health-solutions-market?utm_source=openpr
Mental Health Apps Market
The Mental Health Apps Market report segments the industry into By Platform Type (Android, iOS, Other Platform Types), By Application (Depression and Anxiety Management, Stress Management, Meditation Management, Other Application Types), By End User (Home Care Settings, Mental Hospitals, Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America).
Get more insights: https://www.mordorintelligence.com/industry-reports/mental-health-apps?utm_source=openpr
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
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