U.S. Mental Health Treatment Market Worth $118 Billion
Demand for mental health services soared with the pandemic and 61 million Americans (more than one in five adults) now have some form of mental illness, with prevalence among adolescents rising sharply.
Demand for mental health services soared with the pandemic and 61 million Americans (more than one in five adults) now have some form of mental illness, with prevalence among adolescents rising sharply. This fragmented industry of outpatient and residential facilities has experienced increased demand, particularly since the COVID-19 pandemic, and is projected to continue expanding significantly in the coming years, driven by growing awareness, strong demand, favorable government support and the integration of telemedicine technology. Despite growth, challenges persist, including a shortage of mental health professionals and gaps in access to care. Things to know about this market: To learn more, read about and purchase the full report: The U.S. Mental Health Treatment Market: Outpatient & Inpatient Facilities, Apps & Therapists
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