The global mental health market was valued at $383.31 billion in 2020, and is estimated to reach $537.97 billion by 2030, growing at a CAGR of 3.5% from 2021 to 2030.
Mental health problems are characterized by the absence of a positive emotion, low mood, and a range of associated cognitive, physical, emotional, and behavioral symptoms. It is a very common condition that affects 1 in every 5 individuals. The factors such as genes as well as stress and brain chemistry lead to depression. According to the WHO, more than 264 million people of all ages suffered from depression in 2020. Depression is a leading cause of disability worldwide, and is a major contributor to the overall global burden of disease.

Mental Health Market Segmentation
The mental health market is segmented on the basis of disorder, services, age group, and region. By disorder, the market is categorized into schizophrenia, alcohol use disorders, bipolar disorder, depression, anxiety, post-traumatic stress disorder, substance abuse disorders, eating disorders, and other disorders. By services, the market is divided into emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services, and other services. By age group, it is fragmented into pediatric, adult, and geriatric.

Segment review
Depending on disorder, the depression segment dominated the market in 2020, and is expected to continue this trend throughout the forecast period. This is attributed to the growth in number of cases of anxiety, depression, and suicide have increased concerns regarding mental health across the globe.

Key Benefits for Stakeholders
 • The study provides an in-depth analysis of the mental health market, and the current trends and future estimations to elucidate the imminent investment pockets.
 • It presents a quantitative analysis of the market from 2021 to 2030 to enable stakeholders to capitalize on the prevailing market opportunities.
 • Extensive analysis of the market based on procedures and services assists to understand the trends in the industry.
 • Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.