Global Mental Wellness Market is expected to reach a market size of ~US$ 150 billion by 2028: Ken Research

    Richa Sharma

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    What is the Size of Global Mental Wellness Industry?

    Global Mental Wellness market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Mental Wellness Market is largely driven by increasing prevalence of mental illnesses/disorders, such as depression, anxiety, eating disorders, and others, as a result of busy lifestyles, poor diets, a lack of physical activity, and excessive work hours. The mental wellness market will develop as a result of more government initiatives and rules supporting mental health, more social media influence, and growing public awareness of the value of mental health.

    With bringing about a new era of specialized education and solutions that cater to each individualized well-being through AI, mental wellness has undergone a major shift. Without using a lot of resources, using AI helps increase people's well-being. It can also aid in avoiding several health obstacles by inciting behavioral change after studying personality traits and behaviors.

    Furthermore, the COVID-19 pandemic and strict regulations imposed by various governments have affected people's pre-existing mental health symptoms and led to relapses everywhere, which is boosting the market's growth along with the rising demand for hospital services brought on by the rising number of patients who require mental health solutions to improve self-care.

    Global Mental Wellness Market by disorder

    The Global Mental Wellness market is segmented by Disorder into Depression, Anxiety, Schizophrenia, Substance Use Disorder, Bipolar Disorder, Alcohol Use Disorder, Post-Traumatic Stress Disorder, Eating Disorder and Others.

    The Depression segment dominated the market in 2022 since depression is a key factor in the overall global burden of disease and a primary cause of disability worldwide. According to the World Health Organization (WHO) in September 2021 that an estimated 280 million individuals around the world suffer from depression, which affects 3.8% of the population overall, including 5.0% of adults and 5.7% of those over the age of 60.

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    Global Mental Wellness Market by type

    The Global Mental Wellness Market is segmented by Type into Senses Spaces & Sleep, Brain Boosting Nutraceuticals & Botanicals, Self-Improvement and Meditation and Mindfulness. The Senses Spaces & Sleep segment accounted for the highest market share in 2022 as it includes services, items, and designs that emphasize the senses and the mind-body link, raising awareness of how strongly environmental stimuli affect a person's stress levels, mood, and sleep. The vast majority of sleep- and sleep-environment-optimizing solutions are focused on improving sleep, including accessories, smart beds, wearables, monitors, apps, sleep retreats, and nap cafés.


    Key Topics Covered in the Report: –

    Snapshot of Mental Wellness Market

    Industry Value Chain and Ecosystem Analysis

    Market size and Segmentation of the Mental Wellness Market

    Historic Growth of the Overall Mental Wellness Market and Segments

    Competition Scenario of the Market and Key Developments of Competitors

    Porter’s 5 Forces Analysis of the Mental Wellness Market Industry

    Overview, Disorder Offerings, and Strengths & Weaknesses of Key Competitors

    COVID-19 Impact on the Overall Mental Wellness Market

    Future Market Forecast and Growth Rates of the Total Mental Wellness Market and by Segments

    Market Size of Segments with Historical CAGR and Future Forecasts

    Analysis of the Mental Wellness Market in Global Regions

    Major Mental Wellness Type/Supply and Consumption/Demand Hubs in the Region

    Region-wise Historic and Future Market Growth Rates of the Total Market and Segments

    Overview of Notable Emerging Competitor Companies within the Region

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    Notable Key Players Mentioned in the Report

    Acadia Healthcare

    Amare Global


    Behavioral Health Network, Inc.

    CVS Health


    Headspace Inc.

    Promises Behavioral Health

    Pyramid Healthcare Inc.

    Universal Health Services

    Notable Emerging Companies Mentioned in the Report






    Key Target Audience – Organizations and Entities Who Can be benefited by Subscribing This Report

    Manufacturers and Suppliers of Brain Health Supplements

    Consultants for Brain Health Supplements

    Distributors of Supplements for Brain Health

    Brain Health Supplements Companies

    Mental Wellness Service Providers

    Wellness Solutions Companies

    Wellness Products Nutritional Supplement Industries

    Wellness Product Manufacturers and Raw Material Suppliers

    Suppliers of Raw Materials for Nutritional Supplements

    Health Supplements Organizations, Forums, Alliances, and Associations

    Mental Wellness Research Organizations, and Consulting Companies

    Health Regulatory Organizations and Government Agencies

    Government Ministries and Departments of Healthcare

    PE and VC Firms focused on Wellness Industry

    Startups and Potential Entrants into Wellness Industry

    Time Period Captured in the Report:-

    Historical Period: 2017-2021

    Forecast Period: 2022E-2028F

    For more insights on the market intelligence, refer to the link below: –

    Global Mental Wellness Service Market