PUBLISHER: TechNavio | PRODUCT CODE: 1732628
PUBLISHER: TechNavio | PRODUCT CODE: 1732628
The mental health market is forecasted to grow by USD 153.3 bn during 2024-2029, accelerating at a CAGR of 6.8% during the forecast period. The report on the mental health market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing prevalence of mental health disorders, advances in understanding genetics, neuroscience, endocrinology, and other relevant fields, and strategic initiatives by market companies.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.3% |
CAGR | 6.8% |
Incremental Value | $153.3 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's mental health market is segmented as below:
By Service
By Age Group
By Delivery Mode
By Geographical Landscape
This study identifies the emergence of virtual behavioral and mental health services as one of the prime reasons driving the mental health market growth during the next few years. Also, growing need for sustainable mental health systems among war-affected people and rising mental health reforms in developing economies will lead to sizable demand in the market.
The report on the mental health market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mental health market vendors that include Acadia Healthcare Co. Inc., CareTech Holdings Ltd., Crestwood Behavioral Health Inc., Promises Behavioral Health LLC, Pyramid Healthcare Inc., REM Minnesota, Sevita Health, Strategic Behavioral Health, TEAMCare Behavioral Health LLC, The Cigna Group, Unison Behavioral Health, Universal Health Services Inc., and Vita Health Group. Also, the mental health market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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