The global mental health market was valued at $383.31 billion in 2020, and is estimated to reach $537.97 billion by 2030, growing at a CAGR of 3.5% from 2021 to 2030.
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The Rise of Mental Health Market: Outlook and Strategies
The global mental health market was valued at $383.31 billion in 2020, and is estimated to reach $537.97 billion by 2030, growing at a CAGR of 3.5% from 2021 to 2030.
Asia-Pacific is expected to register highest CAGR in the global mental health market by 2030
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.
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.
Mental Health Market By 2030 | Analysis by Key Players Focusing on Growth Strategies
Rise in the occurrence of mental disease including autism, depression, OCD, surge in awareness of stress management, and increase in awareness toward mental disorders drive the globalΒ mental health market. As per the report published by Allied Market Research, the global mental health market generated $383.31 billion in 2020, and is projected to reach $537.97 billion …
Mental Health Market Share Growing Rapidly with Recent Trends and Outlook By 2030
Rising costs of mental health programs and drug abuse are expected to hamper the market growth. Conversely, unmet medical needs in emerging nations are expected to provide lucrative market opportunities. ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ©π¨π«π@ https://www.alliedmarketresearch.com/request-sample/12135 Major factors contributing to the growth of the market include increase in funding for mental health treatment by private and government organizations …
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