Global Mental Health Market to Grow at 2.9% During 2024-2032, Impelled by Changing Lifestyle Patterns of Individuals

December 03, 2021 | Healthcare

According to the latest report by IMARC Group, titled "Mental Health Market Report by Disorder (Schizophrenia, Alcohol Use Disorders, Bipolar Disorder, Depression and Anxiety, Post-traumatic Stress Disorder, Substance Abuse Disorders, Eating Disorders, and Others), Service (Emergency Mental Health Services, Outpatient Counselling, Home-based Treatment Services, Inpatient Hospital Treatment Services, and Others), Age Group (Pediatric, Adult, Geriatric), and Region 2024-2032," the global mental health market reached a value of US$ 435.2 Billion in 2023. Mental health refers to an individual’s state of well-being that enables them to feel, act and think. It includes social, psychological, and emotional well-being, which helps them analyze their capabilities and enhance work productivity. Along with this, it also facilitates an individual’s ability to empathize, modulate and express their emotions and recognize others’. However, mental health is often affected by certain factors, such as life experiences and biological factors. Mental health imbalances can also result in severe physical health problems, including headaches, muscle tension, migraine, and digestive issues.

Global Mental Health Market Trends:

The global market is primarily driven by the changing lifestyle patterns of the masses. This is supported by the rising prevalence of chronic illnesses and the hectic schedules led by individuals. Along with this, the rapid outbreak of coronavirus disease (COVID-19) and the subsequent lockdown restrictions implemented by the governments of several countries across the globe have adversely affected the mental health of individuals. This has encouraged them to seek mental health solutions, including therapy and medication, which is creating a positive outlook for the market. Additionally, a considerable increase in the unemployment rates on the global level is also affecting the mental health of the masses. Furthermore, the increasing awareness regarding the importance of seeking help and undergoing treatments for mental health disorders is creating a favorable outlook for the market. The market is further driven by the significant growth in the healthcare sector and the rising investments by private and public firms to upgrade the existing healthcare infrastructure. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 2.9% during 2024-2032.

Market Summary:

  • On the basis of the disorder, the market has been classified into schizophrenia, alcohol use disorders, bipolar disorder, depression and anxiety, post-traumatic stress disorder, substance abuse disorders, eating disorders and others.
  • Based on the service, the market has been segmented into emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services and others.
  • On the basis of the age group, the market has been divided into pediatric, adult and geriatric.
  • Based on the region, the market has been segregated into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the industry has been examined in the report with the detailed profiles of the key players. Some of these players include Acadia Healthcare, Ascension Seton, Behavioral Health Network Inc., Caretech Holdings PLC, North Range Behavioral Health, Promises Behavioral Health, Pyramid Healthcare, Strategic Behavioral Health LLC, Sevita (The MENTOR Network) and Universal Health Services Inc.


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:


USA: +1-631-791-1145
Follow us on twitter : @imarcglobal

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Mental Health Market to Grow at 2.9% During 2024-2032, Impelled by Changing Lifestyle Patterns of Individuals
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More