Astute Analytica released a new market report on the Global Mental Health Market. This in-depth study of the Mental Health Market includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.
Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market’s growth characteristics.
The Global Mental health Market size will grow from US$ 384.85 billion in 2021 to US$ 560.33 billion by 2030, registering a tremendous compound annual growth rate (CAGR) of 4.43% during the forecast period, i.e., 2022-2030.
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Regional Analysis:
According to the United States, Bureau of Labor Statistics, healthcare employment is likely to grow 16% from 2020 to 2030, much faster than the average for all occupations, with about 2.6 million new jobs. This projected increase is primarily due to an aging population, which indicates a higher demand for healthcare services. In May 2021, the median annual wage for healthcare practitioners and technical sectors (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040, which was higher than the economy’s median annual wage of US$ 45,760.
COVID-19 Impact:
Global COVID-19 cases have climbed above 516 million as of May 2022, and the death toll has exceeded 6.25 million. COVID-19 has disproportionately impacted specific racial and ethnic minority groups, as well as underserved and marginalized communities, highlighting the persistent challenges of health equity and health outcomes.
As sector players and the customers, they serve to adapt to a new world of remote working, virtual doctor visits, and a supply chain plagued by shortages of medical goods, employees, and services, the sector is reforming to become more customer-centric.’
Major Key Players in Global Mental Health Market are:
- Acadia Healthcare
- The MENTOR Network
- Universal Health Services Inc.
- Behavioral Health Network Inc.
- CareTech Holdings PLC
- Promises Behavioral Health
Segmental Analysis:
The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Mental Health Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market’s overall size.
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Segmentation Overview
By Mental Disorder
- Mood Disorders
- Anxiety Disorders
- Personality Disorders
- Psychotic Disorders
- Eating Disorders
- Trauma-related Disorders
- Substance Abuse Disorders
- Others
By Treatment Techniques
- Intervention Counselling
- Individualized Therapy
- Group Therapy
- Family Counselling
- Discharge Planning
- Psychological Intervention
- Cognitive Behavioral Therapy
- Dialectical behavior therapy
- Medication evaluation therapy
- Psychotherapy
- Trauma Therapy
- Dual diagnosis treatment
By Patient Age Group
- Pediatric
- Adult
- Geriatric
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The U.K.
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East Africa
- South America
- Argentina
- Brazil
- Rest of South America
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
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