Astute Analytica publishes a research report on the Global Mental Health Market. The analysis report contains in-depth data about demand, growth, opportunities, challenges, and restraints. In addition, it provides a thorough examination of the structure and possibility of global and regional industries.

The Global Mental Health Market is anticipated to witness a rise in its revenue from US$ 384.85 Bn in 2021 to US$ 560.33 Bn by 2030. The market is registering a CAGR of 4.43% over the forecast period 2022-2030.

The global market study includes information from key firms on R&D, new product launches, and product responses from global markets. The analysis includes a graphical presentation and a diagrammatic examination of the global market by region.

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People and economies globally rely substantially on the healthcare business. It is one of the fastest-growing industries. There is a correlation between income levels and healthcare spending in different nations, with healthcare spending accounting for more than 10% of most industrialized countries’ GDP.

Impact Analysis of COVID-19

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.

COVID-19 is causing a great deal of emotional, physical, and professional stress among health care personnel. The changing attitudes and behaviors of consumers, the integration of life sciences and health care, fast-growing digital health technology, new talent, and care delivery models, and clinical innovation advanced by COVID-19.

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.

The Centers for Medicare and Medicaid Services data calculates that the U.S. national healthcare expenditure reached US$ 4.1 trillion in 2020 and is forecast to surpass US$ 6.2 trillion by 2028. According to the Commonwealth Fund, the U.S. spent nearly 17% of gross domestic product (GDP) on healthcare in 2018. Switzerland was the second-highest-ranking country, spending 12.2%. In addition, New Zealand and Australia dedicate only 9.3%.

Regional Analysis

By Mental Disorder segment of the Global Mental Health Market is sub-segmented into:

·         Mood Disorders

·         Anxiety Disorders

·         Personality Disorders

·         Psychotic Disorders

·         Eating Disorders

·         Trauma-related Disorders

·         Substance Abuse Disorders

·         Others

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By Treatment Techniques segment of the Global Mental Health Market is sub-segmented into:

·         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 segment of the Global Mental Health Market is sub-segmented into:

·         Pediatric

·         Adult

·         Geriatric

By Region segment of the Global Mental Health Market is sub-segmented into:

·         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

·         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

Key Players Insights

The key players in the Global Mental Health Market are Acadia Healthcare, The MENTOR Network, Behavioral Health Network, and Promises Behavioral Health among others.

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