The Mental Health Treatment Market size was valued at USD 420.01 Bn in 2023 and is expected to reach USD 561.68 Bn by 2031, and simultaneously grow at a CAGR of 3.7% over the forecast period of 2024-2031.
It has been recorded that the number of mental health issues is growing on a daily basis mainly in developed countries and in emerging countries as well, The major reasons because of include work stress, day-to-day life problems and personal life issues can also be considered as the factor because of which mental health issues arises, Mental health issues are of different types and mainly includes when a person gets repetitive negative thoughts, OCD is also one of the mental health issue, Mental health issues or disease causes because of unbalanced brain chemicals, chemicals like dopamine, serotonin play a part in handling the mental health condition, doctors say that when the levels of the mentioned chemicals are low in a person, that individual is likely to face all these issues, the need for the mental health treatment all around the globe is the major factor which drives the market. Depression is also a problem which is growing rapidly amongst youngsters and also in adults, Age is not an entry barrier or a factor but yes low dopamine levels and serotonin levels are the major reasons which mental issues problems arise, Some of the other symptoms in mental health issues include feeling helpless, insufficient eating or sleeping having mood swings, mental health issues is a combination of emotional, psychological and social wellbeing discomfort. For instance, the addiction of mobile phones, and television is also one of the reasons an individual may face mental health problems, The rising social media addictions in developed nations and in emerging nations are the factors because of which there is a rise in demand for mental health treatment all around the globe.
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Because of Covid-19 the demand for mental health treatment has increased, because of the pandemic anxiety levels among people started increasing because this type of situation was not expected by anyone as a matter of fact almost every individual was panicking because of the conditions and circumstances which raised because of the Covid-19. The fear in people regarding the coronavirus and the dangerous outcomes of that made the situation worse, also the personal losses of people all around the globe affected the mental health of people.
Drivers
Rise in demand for mental health treatment all around the globe.
The increase in the cases of mental health problems in developed cities and emerging cities as well
Awareness about mental health treatment among people
All around the globe people are suffering from mental health issues the reasons may be different but according to our experts, the common reasons why the rise in mental health issues is been noticed among youngsters and adults are work-related stress, personal life issues which include relationship problems and the past life trauma. According to the WHO among 8 people one individual is suffering from mental health issues, In recent times the awareness among the people related to mental health issues and the fact that it can be treated is considered as the driving factor for the global mental health treatment market. There are various action plans from different institutes in support of mental health treatment on a global level which can also be considered as the driving factor.
Restrain
The expense of mental health treatment
Some of them may raise a question related to how can mental health treatment be expensive, Well Mental health treatment requires a lot of expertise and patience as well because it includes managing your personal life issues, Some of the reports state that the rising cost of mental health treatment affects the GENZ as it becomes hard for them to afford the treatment. According to our data, there are many other reasons which contribute towards the restraining aspect of the mental health treatment market long waiting list and the statement that therapy is a luxury sums up that the expense of mental health treatment acts as the restraining factor for the global health treatment market.
Opportunity
The rising initiative taken by the government for mental health treatment
Worldwide campaigns regarding the awareness of mental health treatment
Every action plan or any initiative taken by the government or worldwide organizations in favour a particular market we can clearly state that the particular market has a good opportunity in the future, The WHO Comprehensive Mental health Action plan 2012-2030 the major objective includes creating strategies for promoting and preventing the mental health treatment when we closely focused on this statement, we get to know that the opportunity is on.
There are various campaigns organized by the governments of different nations and health organizations In order to promote awareness regarding how important is your mental health treatment and one should not ignore it.
Challenges
The stigma attitude toward mental health issues
The seriousness of mental health issues among the people
The anti-stigma campaigns were organized in order to make sure the attitude of people towards people suffering from mental health problems changes, Discrimination and human rights violation cases were recorded in the past which resulted in the need for such types of campaigns, The action plan of WHO includes various strategies against the violation and Discrimination issues, because according to the research people who have suffered from mental health issues are those who are currently suffering gave a negative review regarding how they were treated and what was the social status in terms of their suffering and as well all know people living in the underdeveloped nation or emerging nations mental health of the people living in those regions is highly neglected. The seriousness of mental health in underdeveloped and developed nations as well often people tend to ignore their mental health conditions because of the high-cost factor.
Russia Russia-Ukraine war will have a positive impact on the global mental health treatment market because this war has led to various disruptions and has created problems almost all around the globe, people living in those regions or in the surrounding countries had to face problems like unavailability of resources, personal losses the unemployment the economic instability of those nations and because of these reasons, the mental health of people will surely get affected in a negative manner. This report will give an exact brief about how the Russia-Ukraine war affected the mental health treatment market.
Impact of the Ongoing Recession
As we mentioned earlier the restraining factor of this market is the expense of mental health treatment, Recession will affect the economic conditions of nations and individuals, According to our analysis recession changes the buying patterns of people and also the decision-making of every individual changes so the expense of the mental health treatment will be affected negatively because of the economic conditions and also because of the cost factor.
By Treatment
Medications
Anti-Anxiety medications
Mood Stabilizer’s
Anti-psychotic drugs
Psychotherapy
Brain Stimulation Therapy
Home Care
Counselling
On Mental Health Services
Others
There are many ways to cure mental health treatment the above-mentioned are the major ones, it all depends on the condition of the patient and what are the symptoms the person is experiencing, Some health experts say that Counselling along with medications almost works for everyone the person gets to share about what he/she is going through at the same time getting advanced medications which will help the person to cure as soon as possible, Doctors also recommend and it’s been proven that physical exercise is also one of the types which helps the patient to heal from the mental health disorders.
By Indications
Neurodevelopmental Disorders
Schizophrenia
Bipolar disorder
Depression
Anxiety
Obsessive Compulsive Disorder (OCD)
Trauma & Stress related Disorders
Others
By treatment Centre
Hospitals & Clinics
Trauma Centres
Rehabilitation Centre
Online Consultation Platforms and Apps
Others
By Distribution Channel
Retail Pharmacy
Hospital based Pharmacy
Online Pharmacy
Others
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North America is dominating the market and will continue to dominate the market during the forecasted period, the major initiative taken by the government in the developed cities of North America region is the major reason because of which the growth will be observed also the lifestyle of the people in the developed cities of the North America region is the contributing factor for this growth, according to the data almost 48 % of adults in unites has received mental health services in the past years.
APAC will share the highest CAGR growth rate compared to the other regions, the major reasons contributing to the growth are the rising awareness of mental health treatment in those reasons and the government initiatives for development in the healthcare infrastructure.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players Acadia Healthcare, Meru Health, Monsenso A/S, Manastha, Quartet, Ginger, Koa Health, Eli Lilly and Company, Pfizer, Mind Medicine Inc., Small Pharma Inc. and Other Players.
Recent Developments.
The initiative taken by Meru Health to help the employees focus on their mental health needs, The major objective in this was to promote to need for mental health therapy and also to create awareness focusing on the modernization tagline.
Acadia Healthcare is planning to build new services which provide high-quality behavioural healthcare services.
Rising cases of depression all around the globe is a major concern among psychiatrist, According to the survey done patients are suffering after psychiatric treatment, The great initiative taken by the MONSENO which is participating in a project, this project is all about investigating what works for best for patients with depression after getting their psychiatric treatment done.
This report will give you all the latest news of the mentioned key players with the dates which will help you to keep track on what’s the latest innovations the competitors are up to.
| Report Attributes | Details |
| Market Size in 2023 | US$ - 420.01 Bn |
| Market Size by 2031 | US$ - 561.68 Bn |
| CAGR | CAGR of 3.7% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Treatment Type (Medications, Psychotherapy, Brain Stimulation Therapy, Home Care, Counselling, On-Demand Mental Health Services) • By Indication, By Treatment Centres (Hospitals & Clinics, Trauma Centres, Rehabilitation Centre, Online Consultation Platforms and Apps) • By Distribution Channel Retail Pharmacy, Hospital Based pharmacy, Online Pharmacy, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Acadia Healthcare, Meru Health, Monsenso A/S, Manastha, Quartet, Ginger, Koa Health, Eli Lilly and Company, Pfizer, Mind Medicine Inc., Small Pharma Inc. , Others. |
| Key Drivers | • Rise in demand for the mental health treatment all around the globe. • The increase in the cases of mental health problems in the developed cities and emerging cities as well |
| Market Opportunities | • The rising initiative taken by the government for the mental health treatment • World-wide campaigns regarding the awareness of the mental health treatment |
Ans: The rise in demand for mental health treatment all around the globe also the increase in the cases of mental health problems in the developed cities and emerging cities are the major growth factors of the mental health treatment market.
The major key players Acadia Healthcare, Meru Health, Monsenso A/S, Manastha, Quartet, Ginger, Koa Health, Eli Lilly and Company, Pfizer, Mind Medicine Inc., Small Pharma Inc., Others.
Global mental Healthcare treatment market is divided into four segments.
Recession will have a negative impact on the Global Mental Healthcare treatment market.
North America is dominating the market and will continue to dominate the market during the forecasted period
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Mental Health Treatment Market Segmentation, by Treatment Type
8.1 Medications
8.1.1 Antidepressants
8.1.2 Anti-Anxiety medications
8.1.3 Mood Stabilizer’s
8.1.4 Anti-psychotic drugs
8.1.5 Mood Stabilizer’s
8.2 Psychotherapy
8.3 Brain Stimulation Therapy
8.4 Home Care
8.5 Counselling
8.6 On Mental Health Services
8.7 Others
9. Global Mental Health Treatment Market Segmentation, by Indication
9.1 Neurodevelopmental Disorders
9.2 Schizophrenia
9.3 Bipolar disorder
9.4 Depression
9.5 Anxiety
9.6 Obsessive Compulsive Disorder (OCD)
9.7 Trauma & Stress-related Disorders
9.8 Others
10. Global Mental Health Treatment Market Segmentation, by Treatment Centre
10.1 Hospitals & Clinics
10.2 Trauma Centres
10.3 Rehabilitation Centre
10.4 Online Consultation Platforms and Apps
10.5 Others
11. Global Mental Health Treatment Market Segmentation, by Distribution Channel.
11.1 Retail Pharmacy
11.2 Hospital based Pharmacy
11.3 Online Pharmacy
11.4 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Global Mental Health Treatment Market by Country
12.2.2North America Global Mental Health Treatment Market by Treatment Type
12.2.3 North America Global Mental Health Treatment Market by Indication
12.2.4 North America Global Mental Health Treatment Market by Treatment Centre
12.2.5 North America Global Mental Health Treatment Market by Distribution Channel
12.2.6 USA
12.2.6.1 USA Global Mental Health Treatment Market by Treatment Type
12.2.6.2 USA Global Mental Health Treatment Market by Indication
12.2.6.3 USA Global Mental Health Treatment Market by Treatment Centre
12.2.6.4 USA Global Mental Health Treatment Market by Distribution Channel
12.2.7 Canada
12.2.7.1 Canada Global Mental Health Treatment Market by Treatment Type
12.2.7.2 Canada Global Mental Health Treatment Market by Indication
12.2.7.3 Canada Global Mental Health Treatment Market by Treatment Centre
12.2.7.4 Canada Global Mental Health Treatment Market by Distribution Channel
12.2.8 Mexico
12.2.8.1 Mexico Global Mental Health Treatment Market by Treatment Type
12.2.8.2 Mexico Global Mental Health Treatment Market by Indication
12.2.8.3 Mexico Global Mental Health Treatment Market by Treatment Centre
12.2.8.4 Mexico Global Mental Health Treatment Market by Distribution Channel
12.3 Europe
12.3.1 Europe Global Mental Health Treatment Market by Country
1.3.3.2 Europe Global Mental Health Treatment Market by Treatment Type
12.3.3 Europe Global Mental Health Treatment Market by Indication
12.3.4 Europe Global Mental Health Treatment Market by Treatment Centre
12.3.5 Europe Global Mental Health Treatment Market by Distribution Channel
12.3.6 Germany
12.3.6.1 Germany Global Mental Health Treatment Market by Treatment Type
12.3.6.2 Germany Global Mental Health Treatment Market by Indication
12.3.6.3 Germany Global Mental Health Treatment Market by Treatment Centre
12.3.6.4 Germany Global Mental Health Treatment Market by Distribution Channel
12.3.7 UK
12.3.7.1 UK Global Mental Health Treatment Market by Treatment Type
12.3.7.2 UK Global Mental Health Treatment Market by Indication
12.3.7.3 UK Global Mental Health Treatment Market by Treatment Centre
12.3.7.4 UK Global Mental Health Treatment Market by Distribution Channel
12.3.8 France
12.3.8.1 France Global Mental Health Treatment Market by Treatment Type
12.3.8.2 France Global Mental Health Treatment Market by Indication
12.3.8.3 France Global Mental Health Treatment Market by Treatment Centre
12.3.8.4 France Global Mental Health Treatment Market by Distribution Channel
12.3.9 Italy
12.3.9.1 Italy Global Mental Health Treatment Market by Treatment Type
12.3.9.2 Italy Global Mental Health Treatment Market by Indication
12.3.9.3 Italy Global Mental Health Treatment Market by Treatment Centre
12.3.9.4 Italy Global Mental Health Treatment Market by Distribution Channel
12.3.10 Spain
12.3.10.1 Spain Global Mental Health Treatment Market by Treatment Type
12.3.10.2 Spain Global Mental Health Treatment Market by Indication
12.3.10.3 Spain Global Mental Health Treatment Market by Treatment Centre
12.3.10.4 Spain Global Mental Health Treatment Market by Distribution Channel
12.3.11 The Netherlands
12.3.11.1 Netherlands Global Mental Health Treatment Market by Treatment Type
12.3.11.2 Netherlands Global Mental Health Treatment Market by Indication
12.3.11.3 Netherlands Global Mental Health Treatment Market by Treatment Centre
12.3.11.4 Netherlands Global Mental Health Treatment Market by Distribution Channel
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Global Mental Health Treatment Market by Treatment Type
12.3.12.2 Rest of Europe Global Mental Health Treatment Market by Indication
12.3.12.3 Rest of Europe Global Mental Health Treatment Market by Treatment Centre
12.3.12.4 Rest of Europe Global Mental Health Treatment Market by Distribution Channel
12.4 Asia-Pacific
12.4.1 Asia Pacific Global Mental Health Treatment Market by Country
12.4.2 Asia Pacific Global Mental Health Treatment Market by Treatment Type
12.4.3 Asia Pacific Global Mental Health Treatment Market by Indication
12.4.4Asia Pacific Global Mental Health Treatment Market by Treatment Centre
12.4.5Asia Pacific Global Mental Health Treatment Market by Distribution Channel
12.4.6 Japan
12.4.6.1 Japan Global Mental Health Treatment Market by Treatment Type
12.4.6.2 Japan Global Mental Health Treatment Market by Indication
12.4.6.3 Japan Global Mental Health Treatment Market by Treatment Centre
12.4.6.4 Japan Global Mental Health Treatment Market by Distribution Channel
12.4.7 South Korea
12.4.7.1 South Korea Global Mental Health Treatment Market by Treatment Type
12.4.7.2 South Korea Global Mental Health Treatment Market by Indication
12.4.7.3 South Korea Global Mental Health Treatment Market by Treatment Centre
12.4.7.4 South Korea Global Mental Health Treatment Market by Distribution Channel
12.4.8 China
12.4.8.1 China Global Mental Health Treatment Market by Treatment Type
12.4.8.2 China Global Mental Health Treatment Market by Indication
12.4.8.3 China Global Mental Health Treatment Market by Treatment Centre
12.4.8.4 China Global Mental Health Treatment Market by Distribution Channel
12.4.9 India
12.4.9.1 India Global Mental Health Treatment Market by Treatment Type
12.4.9.2 India Global Mental Health Treatment Market by Indication
12.4.9.3 India Global Mental Health Treatment Market by Treatment Centre
12.4.9.4 India Global Mental Health Treatment Market by Distribution Channel
12.4.10 Australia
12.4.10.1 Australia Global Mental Health Treatment Market by Treatment Type
12.4.10.2 Australia Global Mental Health Treatment Market by Indication
12.4.10.3 Australia Global Mental Health Treatment Market by Treatment Centre
12.4.10.4 Australia Global Mental Health Treatment Market by Distribution Channel
12.4.11 Rest of Asia-Pacific
12.4.11.1 APAC Global Mental Health Treatment Market by Treatment Type
12.4.11.2 APAC Global Mental Health Treatment Market by Indication
12.4.11.3 APAC Global Mental Health Treatment Market by Treatment Centre
12.4.11.4 APAC Global Mental Health Treatment Market by Distribution Channel
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Global Mental Health Treatment Market by country
12.5.2 The Middle East & Africa Global Mental Health Treatment Market by Treatment Type
12.5.3 The Middle East & Africa Global Mental Health Treatment Market by Indication
12.5.4The Middle East & Africa Global Mental Health Treatment Market by Treatment Centre
12.5.5 The Middle East & Africa Global Mental Health Treatment Market by Distribution Channel
12.5.6 Israel
12.5.6.1 Israel Global Mental Health Treatment Market by Treatment Type
12.5.6.2 Israel Global Mental Health Treatment Market by Indication
12.5.6.3 Israel Global Mental Health Treatment Market by Treatment Centre
12.5.6.4 Israel Global Mental Health Treatment Market by Distribution Channel
12.5.7 UAE
12.5.7.1 UAE Global Mental Health Treatment Market by Treatment Type
12.5.7.2 UAE Global Mental Health Treatment Market by Indication
12.5.7.3 UAE Global Mental Health Treatment Market by Treatment Centre
12.5.7.4 UAE Global Mental Health Treatment Market by Distribution Channel
12.5.8 South Africa
12.5.8.1 South Africa Global Mental Health Treatment Market by Treatment Type
12.5.8.2 South Africa Global Mental Health Treatment Market by Indication
12.5.8.3 South Africa Global Mental Health Treatment Market by Treatment Centre
12.5.8.4 South Africa Global Mental Health Treatment Market by Distribution Channel
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Global Mental Health Treatment Market by Treatment Type
12.5.9.2 Rest of Middle East & Asia Global Mental Health Treatment Market by Indication
12.5.9.3 Rest of Middle East & Asia Global Mental Health Treatment Market Treatment Centre
12.5.9.4 Rest of Middle East & Asia Global Mental Health Treatment Market by Distribution Channel
12.6 Latin America
12.6.1 Latin America Global Mental Health Treatment Market by Country
12.6.2 Latin America Global Mental Health Treatment Market by Treatment Type
12.6.3 Latin America Global Mental Health Treatment Market by Indication
12.6.4 Latin America Global Mental Health Treatment Market by Treatment Centre
12.6.5 Latin America Global Mental Health Treatment Market by Distribution Channel
12.6.6 Brazil
12.6.6.1 Brazil Global Mental Health Treatment Market by Treatment Type
12.6.6.2 Brazil Africa Global Mental Health Treatment Market by Indication
12.6.6.3 Brazil Global Mental Health Treatment Market by Treatment Centre
12.6.6.4 Brazil Global Mental Health Treatment Market by Distribution Channel
12.6.7 Argentina
12.6.7.1 Argentina Global Mental Health Treatment Market by Treatment Type
12.6.7.2 Argentina Global Mental Health Treatment Market by Indication
12.6.7.3 Argentina Global Mental Health Treatment Market by Treatment Centre
12.6.7.4 Argentina Global Mental Health Treatment Market by Distribution Channel
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Global Mental Health Treatment Market by Treatment Type
12.6.8.2 Rest of Latin America Global Mental Health Treatment Market by Indication
12.6.8.3 Rest of Latin America Global Mental Health Treatment Market by Treatment Centre
12.6.8.4 Rest of Latin America Global Mental Health Treatment Market by Distribution Channel
13. Company profile
13.1 Acadia Healthcare
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Treatment/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Meru Health
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Treatment/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Monsenso A/S
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Treatment/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Manastha
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Treatment/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Quartet
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Treatment/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Ginger
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Treatment/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Koa Health
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Treatment/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Eli Lilly and Company
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Treatment/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Pfizer
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Treatment/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Mind Medicine Inc
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Treatment/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Small Pharma Inc
13.11.1 Market Overview
13.11.2 Financials
13.11.3 Treatment/Services/Offerings
13.11.4 SWOT Analysis
13.11.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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