Global Mental Wellness Industry is growing at a CAGR of ~6% during 2022-2028: Ken Research
Global Mental Wellness Market by Age Group
The Global Mental Wellness market is segmented by Age group into Adult, Geriatric and Teenager. The adult segment accounted for the highest market share in 202 owing to the adult’s experience in multiple phases of development from early adulthood to late adulthood, such as obtaining personal and financial independence, success, recognition, and security.
Extreme fear or worry, feelings of deep sadness or emotional numbness, abrupt mood changes, staying away from friends and social situations, changes in eating habits, substance abuse, trouble concentrating, changes in sleeping habits, and suicidal ideation are all symptoms of mental trauma in young adults.
Global Mental Wellness Market by Service
The Global Mental Wellness market is segmented by Service into Emergency Mental Health Services, Outpatient Counselling, Home-based Treatment Services, Inpatient Hospital Treatment Services and Others. The Inpatient Hospital Treatment Services segment accounted for the highest market share in 2022 due to a growth in the prevalence of mental illnesses, a larger patient population, and a large number of patients using mental health interventions to improve self-care.
The prevalence of mental disorders is rising, there are more patients, and many patients are employing mental health interventions to improve self-care, which is fueling the segment's revenue growth.
Global Mental Wellness Market by Geography
The Global Mental Wellness market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounted for the largest market share among all regions in 2022, owing to the presence of major Mental Wellness therapies and treatment organizations like Acadia Healthcare, Behavioral Health Network, Inc., CVS Health, and many more.
As more individuals are adopting cutting-edge technologies and because both healthcare experts and those working in the corporate sector in a developed country like USA are becoming more conscious of the importance of mental health. The region's mental wellness market is growing as a result of the development of activities in the area, including a sharper focus on creating innovative services and the presence of key companies. Additionally, as a result of the rise in smartphone and tablet usage, people are stepping up the attempts to improve overall mental health.
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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
Ascension
Behavioral Health Network, Inc.
CVS Health
CareTech
Headspace Inc.
Promises Behavioral Health
Pyramid Healthcare Inc.
Universal Health Services
Notable Emerging Companies Mentioned in the Report
Wysa
MindPeers
Gratitude
YourDOST
Jeeva
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
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