GITNUX MARKETDATA REPORT 2024

Mental Health Industry Statistics [Fresh Research]

Highlights: The Most Important Mental Health Industry Statistics

  • 24.3% of women aged 60+ used antidepressants medications in the past 30 days from 2015-2018.
  • 75% of people who use psychotherapy benefit from it.
  • Exercise reduces the risk of depression by 20%-30%, and adults should do 75-150 minutes of exercise per week.
  • 24.3% of women aged 60+ used antidepressants medications in the past 30 days from 2015-2018.
  • Approximately 1 in 5 adults in the U.S. experiences mental illness each year.
  • The global mental health market is expected to grow at a CAGR of 6.88% during the forecast period 2021-2028.
  • In 2020, 9.4% of American youth age 12-17 experienced a major depressive episode in the past year.
  • Only 41% of adults in the U.S. with a mental health condition received mental health services in the past year.
  • The global digital mental health market is predicted to grow to $6.5 billion by 2026.
  • 61.5% of youth aged 12-17 with major depressive episodes received mental healthcare in 2020.
  • Only 25% of adults with mental health symptoms believe that people are caring and sympathetic to those with mental illness.
  • Anxiety disorders are the most common mental illness in the US, affecting 40 million adults.
  • Digital mental health services witnessed an uptick during the COVID-19 pandemic, as telehealth consultations increased by 50%.
  • The economic burden of mental health disorders in the US is approximately $467 billion annually.
  • Global suicide rates have increased by 60% over the last 45 years.
  • In 2020, over 14 million working days were lost due to work-related stress, depression, or anxiety in the UK.
  • The global post-traumatic stress disorder (PTSD) treatment market is expected to grow at a CAGR of 4.8% between 2020 to 2027.
  • The global market for mental health disability treatments is expected to surpass $104.97 billion by 2025.

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Mental health is a growing concern in our society, and it’s important to understand the industry statistics that are associated with it. In this article, we will explore the current state of the mental health industry, including the prevalence of mental health issues, the costs associated with mental health care, and the impact of mental health on the economy.

We’ll also discuss the potential for growth in the mental health industry, and the potential for new treatments and therapies. Finally, we’ll look at the role of technology in the mental health industry, and how it can be used to improve access to care and reduce stigma.

Mental Health Industry: Most Important Statistics

Mental health & substance abuse centers market size in the US is estimated to grow by 2.9% in 2023, with an average growth rate of 3.9% per year between 2018-2023.
Exercise reduces the risk of depression by 20%-30%, and adults should do 75-150 minutes of exercise per week.
24.3% of women aged 60+ used antidepressants medications in the past 30 days from 2015-2018.

Mental Health Industry: Statistics Overview

Mental illness is highly prevalent in the US, with 1 in 5 Americans experiencing a mental illness in a year and 1 in 25 Americans living with a serious mental illness.

This highlights the need for mental health services and resources in the US. It also emphasizes the need for further research and understanding of mental health issues, as well as the need for improved access to mental health care.

Mental health & substance abuse centers market size in the US is estimated to grow by 2.9% in 2023, with an average growth rate of 3.9% per year between 2018-2023.

The mental health industry is growing, which indicates that more people are seeking help for mental health issues and that more resources are being allocated to the industry.

This is a positive sign for the mental health industry and shows that it is becoming more accepted and supported.

75% of people who use psychotherapy benefit from it.

Psychotherapy is an effective form of treatment for mental health issues. This statistic is also important because it shows that people who seek help for their mental health issues can experience relief and improved quality of life.

This is important information for people considering therapy, as well as for the mental health industry as a whole.

Exercise reduces the risk of depression by 20%-30%, and adults should do 75-150 minutes of exercise per week.

This is essential because it highlights the importance of exercise in maintaining mental health and reducing the risk of depression.

Children and adults living in the lowest 20% income bracket in Britain are significantly more likely to develop mental health problems than those in the highest.

This highlights the correlation between income level and mental health. This information is essential for understanding the mental health industry and how it affects different socio-economic groups.

It also provides insight into the need for more resources and services to be made available to those in lower income brackets.

24.3% of women aged 60+ used antidepressants medications in the past 30 days from 2015-2018.

Antidepressant use increases with age, particularly among women. This is significant because it indicates that mental health issues become more prevalent with age, and that older women may be particularly vulnerable to mental health issues.

This information can be used to inform mental health initiatives and policies that target older women in order to help them manage their mental health.

Approximately 1 in 5 adults in the U.S. experiences mental illness each year.

This highlights the need for increased awareness and resources to support those affected by mental illness. It also serves as a call to action for the mental health industry to continue to develop innovative solutions to address the needs of those living with mental illness.

The global mental health market is expected to grow at a CAGR of 6.88% during the forecast period 2021-2028.

This highlights the increasing demand for mental health services and products, and the potential for growth in the industry. This is an encouraging sign for those in the mental health industry, as it suggests that the industry is likely to continue to expand in the coming years. This could lead to more resources and opportunities for those in the mental health field, as well as more awareness and understanding of mental health issues.

In 2020, 9.4% of American youth age 12-17 experienced a major depressive episode in the past year.

This highlights the need for greater awareness and support for young people struggling with depression, as well as the need for more resources to be allocated to the mental health industry.

Only 41% of adults in the U.S. with a mental health condition received mental health services in the past year.

This serves as a reminder of the importance of destigmatizing mental health issues and making mental health services more accessible and affordable.

The global digital mental health market is predicted to grow to $6.5 billion by 2026.

The industry is expanding and that more resources are being devoted to providing mental health services. This is a positive sign for those who are struggling with mental health issues, as it indicates that more help is available and that the industry is taking mental health seriously.

61.5% of youth aged 12-17 with major depressive episodes received mental healthcare in 2020.

More and more young people are receiving the care they need to manage their mental health issues. This is a positive sign that the industry is taking steps to ensure that those who need help are getting it, and that the stigma surrounding mental health is slowly being broken down.

Only 25% of adults with mental health symptoms believe that people are caring and sympathetic to those with mental illness.

Many adults with mental health symptoms feel that society is not sympathetic or understanding of their condition. This is an important issue to address, as it can lead to feelings of isolation and hopelessness, which can further exacerbate mental health symptoms. This statistic is a call to action for the mental health industry to continue to work to reduce the stigma associated with mental illness and to create a more supportive environment for those struggling with mental health issues.

Anxiety disorders are the most common mental illness in the US, affecting 40 million adults.

This serves as a powerful reminder of the importance of mental health and the need for the industry to continue to strive for better treatments and support for those suffering from anxiety disorders.

Digital mental health services witnessed an uptick during the COVID-19 pandemic, as telehealth consultations increased by 50%.

The demand for digital mental health services has increased significantly, with telehealth consultations rising by 50%. This highlights the need for more accessible and affordable mental health services, as well as the importance of providing support to those struggling with mental health issues during this difficult time.

The economic burden of mental health disorders in the US is approximately $467 billion annually.

This highlights the need for increased investment in mental health services and research, as well as the need for greater awareness and understanding of mental health issues. It also serves as a reminder of the importance of providing adequate support and resources to those affected by mental health disorders.

Global suicide rates have increased by 60% over the last 45 years.

Despite advances in mental health awareness and treatment, suicide rates have continued to rise over the past four and a half decades. This alarming trend underscores the importance of investing in mental health initiatives and services to ensure that individuals in need of help are able to access it.

In 2020, over 14 million working days were lost due to work-related stress, depression, or anxiety in the UK.

This serves as a reminder of the importance of mental health awareness and education in the workplace, so that employees can recognize the signs of mental health issues and seek help when needed.

The global post-traumatic stress disorder (PTSD) treatment market is expected to grow at a CAGR of 4.8% between 2020 to 2027.

The demand for PTSD treatment is increasing, and that the industry is likely to experience a steady rise in the coming years. This is an important statistic for anyone interested in the mental health industry, as it provides insight into the potential for growth and the potential for new opportunities.

The global market for mental health disability treatments is expected to surpass $104.97 billion by 2025.

This speaks to the growing demand for mental health services and the increasing recognition of the importance of mental health. It also highlights the need for more investment in the industry, as well as the potential for growth and innovation in the sector. This statistic is a clear sign that the mental health industry is on the rise and is poised to become a major player in the global economy.

Conclusion

The mental health industry is an ever-growing and ever-evolving field. With the rise in mental health awareness and the increasing prevalence of mental health issues, the industry is expected to continue to grow.

Mental health professionals are in high demand, and the industry is expected to continue to expand in the coming years. Mental health industry statistics show that the industry is growing and that there is a need for more mental health professionals. With the right resources and support, the mental health industry can continue to make a positive impact on the lives of those who need it.

References

1 – https://www.cdc.gov/mentalhealth/learn/index.htm#:~:text=1%20in%205%20Americans%20will,illness%20in%20a%20given%20year.&text=1%20in%205%20children%2C%20either,a%20seriously%20debilitating%20mental%20illness.&text=1%20in%2025%20Americans%20lives,bipolar%20disorder%2C%20or%20major%20depression.

2 – https://www.ibisworld.com/industry-statistics/market-size/mental-health-substance-abuse-centers-united-states/#:~:text=The%20market%20size%2C%20measured%20by,in%20the%20US%20in%202023%3F

3 – https://www.psychiatry.org/patients-families/psychotherapy

4 – https://www.mentalhealth.org.uk/explore-mental-health/publications/how-look-after-your-mental-health-using-exercise#:~:text=Studies%20show%20that%20there%20is,who%20do%20not%20have%20dementia.

5 – https://www.mentalhealth.org.uk/explore-mental-health/mental-health-statistics/poverty-statistics

6 – https://www.cdc.gov/nchs/products/databriefs/db377.htm#:~:text=During%202015%E2%80%932018%2C%2013.2%25,60%20and%20over%20(24.3%25).

7 – https://www.nami.org

8 – https://www.persistencemarketresearch.com

9 – https://www.mckinsey.com

10 – https://www.kff.org

11 – https://www.who.int

12 – https://www.hse.gov.uk

13 – https://www.nimh.nih.gov

14 – https://www.futuremarketinsights.com

15 – https://www.samhsa.gov

16 – https://transparencymarketresearch.com

17 – https://www.reportlinker.com

18 – https://adaa.org

Srive – Mental Health Industry Statistics

FAQs

What is mental health?

Mental health is a person's overall psychological well-being, including their emotional, social, and psychological wellbeing. It is determined by how we think, feel, and behave in response to life events.

What are the types of mental health disorders?

The types of mental health disorders include anxiety disorders, mood disorders, psychotic disorders, eating disorders, personality disorders, and trauma-related disorders.

What is the most common mental health disorder?

The most common mental health disorder is depression.

What is the link between mental health and physical health?

There is a strong link between mental health and physical health. Mental health issues can lead to physical health problems, such as cardiovascular disease, and vice versa.

What are the treatments for mental health disorders?

Treatments for mental health disorders can include psychotherapy, medication, lifestyle changes, and support groups.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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