PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719371
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719371
The U.S. mental wellness market is projected to grow from USD 73.3 billion in 2024 to USD 116.5 billion by 2032, at a CAGR of 6.1%. The market growth is driven by the increasing awareness of mental health and the adoption of digital mental health solutions, such as mobile apps and online therapy services. The rise in workplace stress, burnout, and mental health issues like depression and anxiety, alongside the growing use of wearables to track wellness metrics, is also contributing to the market's expansion. Mental wellness programs are increasingly being integrated into workplaces, educational institutions, and healthcare systems to support emotional and social well-being.
Key Insights
Depression is the largest disorder segment, accounting for 25% of the market share in 2024, due to the rising prevalence of mental health conditions.
Anxiety is the fastest-growing disorder category, expected to grow at a 6.6% CAGR due to lifestyle factors and medical conditions like diabetes and chronic pain.
The largest market share is held by the "Senses, Spaces, and Sleep" category, focusing on improving sleep quality and creating environments conducive to mental and physical wellness.
Meditation and mindfulness is the fastest-growing category, driven by the increasing adoption of mobile apps like Calm and Headspace, growing awareness of stress reduction techniques, and mindfulness practices.
Adults represent the largest age group using mental wellness services, with a significant rise in demand for digital mental health tools, such as apps for therapy, meditation, and stress relief.
Digital mental health solutions, including mobile apps and virtual therapy, are rapidly gaining popularity as convenient and private ways for individuals to manage their mental health.
Increasing awareness of workplace stress, burnout, and the need for mental wellness programs in organizations is contributing significantly to market growth.