Global Mental Wellness Market 2023-2029
Mental wellness refers to a state of well-being that includes emotional, psychological, and social well-being. It encompasses a wide range of factors that contribute to our mental health, including our thoughts, feelings, behaviors, relationships, and environment. The global mental wellness market is likely to register a CAGR of over 6.08% with an incremental growth of USD 65.9 billion during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global mental wellness market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, disorder, age group, and region. The global market for mental wellness can be segmented by type: senses, spaces, and sleep, brain boosting, nutraceuticals & botanicals, self improvement, meditation and mindfulness. According to the research, the senses, spaces, and sleep segment had the largest share in the global mental wellness market. Mental wellness market is further segmented by disorder: depression, anxiety, schizophrenia, substance use disorder, bipolar disorder, alcohol use disorder, post-traumatic stress disorder, eating disorder, others. In 2022, the depression segment made up the largest share of revenue generated by the mental wellness market. Based on age group, the mental wellness market is segmented into: adults, geriatric, teenager. Among these, the adults segment was accounted for the highest revenue generator in 2022. On the basis of region, the mental wellness market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America captured the largest share of the market in 2022.
Market Segmentation
By type: senses, spaces, and sleep, brain boosting, nutraceuticals & botanicals, self improvement, meditation and mindfulness
By disorder: depression, anxiety, schizophrenia, substance use disorder, bipolar disorder, alcohol use disorder, post-traumatic stress disorder, eating disorder, others
By age group: adults, geriatric, teenager
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides analysis of the key companies of the industry and their detailed company profiles including Skillpath Seminars Inc., Franklin Covey Co., Amare Global, Headspace Health, CVS Health Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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