India Mental Health Market Size, Trends, Growth, Forecast & Report 2032 | UnivDatos

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India Mental Health Market Size, Trends, Growth, Forecast & Report 2032 | UnivDatos

The India Mental Health Market was valued at approximately USD 2 Billion in 2023 and is expected to grow at a robust CAGR of around 28.6% during the forecast period (2024-2032)

Mental health includes our emotional, psychological, and social well-being. It affects how we think, feels, and act as we cope with life. Problems related to mental health are characterized by the absence of positive emotion, low mood, and a range of associated cognitive, physical, emotional, and behavioral symptoms. 

About 7.5% of Indians suffer from some mental disorder and predicts that by end of this year roughly 20% of India will suffer from mental illnesses. Also, the mental health workforce in India is not up to the mark and there is a huge shortage of psychiatrists and psychologists in the country as compared to the number of people suffering from mental health issues. WHO states that in India, (per 100,000 population) there are psychiatrists (0.3), nurses (0.12), psychologists (0.07), and social workers (0.07), while the desirable number is anything above 3 psychiatrists and psychologists per 100,000 population. Moreover, fear and anxiety about the disease and the overwhelmed healthcare system have spread through the population, causing a decline in mental health throughout the country. Furthermore, There has been an increase of over 50% among senior citizens when it comes to mental health disorders, India-based Agewell Foundation. As per a survey of 5000 elderly people by Agewell, around 63% reported developing symptoms of depression which was due to loneliness and social isolation caused by restrictions brought in to curb the spread of the virus. 1 in 5 Indians is expected to suffer from depression in their lifetime. 

Based on disorders, the market is segmented into schizophrenia, alcohol use disorders, bipolar disorder, depression, anxiety, eating disorders, and other disorders. The depression segment grabbed an XX% share of the India mental health market and will witness a considerable CAGR of XX% during the forecast period (2022-2028F) owing to the growing awareness regarding depression and rising acceptance of its treatment.  

Access sample report (including graphs, charts, and figures): https://univdatos.com/reports/india-mental-health-market?popup=report-enquiry

Based on the services, the India mental health market is segmented into emergency mental health services, outpatient counseling, home-based treatment services, inpatient hospital treatment services, and other services. The inpatient hospital treatment services segment occupied a substantial share and is expected to grow at a CAGR of XX% during the forecast period 2022-2028 owing to the increasing patient pool and an ample number of patients deploying mental health solutions to enhance self-care.  

Additionally, the report provides detailed report also provides insights into the India mental health market according to the regions such as North India, South India, East India, and West India has been conducted. South India dominated the market and generated revenue of USD XX billion in 2020 owing to the increasing number of people suffering from various mental illnesses. 

Wysa, Innerhour, Juno Clinic, YourDOST, ePsyClinic, Trijog, Headspace, Mind.fit, Mindhouse, Calm, are some of the key players operating in the India mental health market. Several M&As along with partnerships have been undertaken by these players to develop new products. 

Click here to view the Report Description & TOC: https://univdatos.com/reports/india-mental-health-market

India Mental Health Market Segmentation 

Market Insight, by Disorders 

Schizophrenia 

Alcohol Use Disorders 

Bipolar Disorder 

Depression 

Anxiety 

Eating Disorders 

Other Disorders 

Market Insight, by Services 

Emergency Mental Health Services 

Home-based Treatment Services 

Inpatient Hospital Treatment Services 

Other Services 

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Website: www.univdatos.com

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