The global behavioral health market was valued at $41.7 billion in 2021 and is projected to reach $66.6 billion by 2031, with a CAGR of 4.7% between 2022 and 2031.
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Why Mental Health Market Is the Reprieve We All Need Right Now ?
Mental health is a state of psychological wellbeing or an absence of any mental illness. It refers to an individual’s psychological level of functioning at a suitable level of behavioral and emotional adjustment. Disturbance or imbalance in this mental state drive the prevalence of mental illness or disorders. Mental illness can cause abnormal behavior and unusual thoughts and feelings for a certain period of time, which causes distress or emotional or physical impairment.