India mental health market size reached US$ 14.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.30% during 2024-2032. The increasing demand for telehealth and digital mental health platforms, which have become more prevalent, providing convenient and accessible ways for individuals to access mental health services, is driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032 |
Historical Years
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2018-2023
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Market Size in 2023 | US$ 14.2 Billion |
Market Forecast in 2032 | US$ 19.1 Billion |
Market Growth Rate (2024-2032) | 3.30% |
Mental health refers to a person's emotional, psychological, and social well-being. It encompasses the ability to manage stress, relate to others, and make decisions, contributing to overall resilience and life satisfaction. Good mental health is vital for daily functioning, relationships, and achieving one's potential. Factors like genetics, life experiences, and biology influence mental health. Mental health issues can manifest as mood disorders, anxiety, or psychosis, impacting thoughts, emotions, and behaviors. It's crucial to recognize and address mental health challenges through therapy, support networks, and sometimes medication. Promoting mental health involves fostering a positive environment, reducing stigma, and encouraging open conversations. Prioritizing mental well-being contributes to a fulfilling and balanced life, emphasizing the interconnectedness of mental and physical health for holistic human flourishing.
The mental health market in India is witnessing robust growth, propelled by several key drivers that underscore the increasing awareness and prioritization of mental well-being. Firstly, the escalating prevalence of mental health disorders has become a primary catalyst, driving demand for innovative solutions and therapeutic interventions. Concurrently, societal destigmatization efforts have facilitated a more open dialogue, encouraging individuals to seek and access mental health services without fear of social judgment. Moreover, the integration of technology in mental health care, including telehealth platforms and mobile applications, has significantly widened accessibility, overcoming traditional barriers to entry. Furthermore, the growing recognition of the economic burden associated with untreated mental health conditions has prompted governments and healthcare stakeholders to invest in mental health infrastructure and services. In addition to this, a paradigm shift in corporate cultures towards prioritizing employee well-being has fueled the implementation of workplace mental health programs, contributing to market expansion. Collectively, these factors form a synergistic network, propelling the mental health market forward as it evolves to meet the evolving needs of individuals and societies alike. As these drivers continue to interconnect and reinforce one another, the mental health landscape in India is poised for sustained growth and innovation.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on disorder, service, and age group.
Disorder Insights:
The report has provided a detailed breakup and analysis of the market based on the disorder. This includes schizophrenia, alcohol use disorders, bipolar disorder, depression and anxiety, post-traumatic stress disorder, substance abuse disorders, eating disorders, and others.
Service Insights:
A detailed breakup and analysis of the market based on the service have also been provided in the report. This includes emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services, and others.
Age Group Insights:
The report has provided a detailed breakup and analysis of the market based on the age group. This includes pediatric, adult, and geriatric.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Disorders Covered | Schizophrenia, Alcohol Use Disorders, Bipolar Disorder, Depression and Anxiety, Post-traumatic Stress Disorder, Substance Abuse Disorders, Eating Disorders, Others |
Services Covered | Emergency Mental Health Services, Outpatient Counselling, Home-based Treatment Services, Inpatient Hospital Treatment Services, Others |
Age Groups Covered | Pediatric, Adult, Geriatric |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |