Dublin, May 11, 2022 (GLOBE NEWSWIRE) — The “Mental Wellness Market – Global Outlook & Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global mental wellness market is expected to grow at a CAGR of 6.35% during the forecast period.
The report considers the present scenario of the global mental wellness market and its market dynamics for 2022-2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the industry.
GLOBAL MENTAL WELLNESS MARKET SEGMENTATION
In terms of market by disorder, the depression segment holds the highest revenue share in the market; it is also expected to grow at the highest growth rate at a CAGR of 7.97% (by value) during 2022-2027, due to the increasing prevalence of depression and its associated effects across the world
In terms of market by type, the senses spaces and sleep segment holds the highest revenue share in the market; while meditation and mindfulness is also expected to grow at the highest growth rate at a CAGR of 8.73% (by value) during 2022-2027
Based on age group the adult mental wellness segment dominated the market with a revenue share of 48.10% in 2021 and is expected to witness an absolute growth of 50.21% by the end of 2027
GEOGRAPHICAL ANALYSIS
North America region was the biggest revenue contributors in the global mental wellness market. It is also expected to witness the highest growth rate during the forecast period
Factors such as the increased adoption of smartphones and tablets in developing countries have led to the increasing engagement of the population in mental wellness programs.
COMPETITIVE LANDSCAPE
Global players like Skillpath, FranklinCovey, Amare Global, and Headspace are trying to expand their markets through profitable partnerships, whereas the domestic vendors are capitalizing with the product and services portfolio that best suits the domestic needs and wants.
Vendors compete in terms of service delivery, brand value, customization ability, price, skilled workforce, and technological capability as well. Most of the vendors offer mental wellness services and wellness portals. Vendors also tend to tie up with technology companies to develop mental wellness programs
Key Vendors
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SkillPath
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FranklinCovey
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Love Global
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head space
Other Prominent Vendors
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CVS Health (Active Health)
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CuraLinc Healthcare
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Fitbit
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wellsource
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vitality
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Virgin Pulse
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aduro
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HealthCheck360
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life start
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castlight
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Acadia Healthcare
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calm
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Universal Health Services
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Behavioral Health Network
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Pyramid Healthcare
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Promises Behavioral Health
Key Topics Covered:
1Research Methodology
2 Research Objectives
3Research Process
4Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the Study
4.4 Market Segments
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Technological Developments
7.3 Global Macroeconomic Overview
7.3.1 Macroeconomic Overview
7.3.2 Real GDP Growth
7.4 Global Healthcare Industry Overview
7.5 Impact of COVID-19
8 Market Opportunities & Trends
8.1 Data Analytics Increasingly Powering Wellness
8.2 Use of Technology to Improve Outcomes
8.3 Growing Reign of Artificial Intelligence
9 Market Growth Enablers
9.1 Increasing Awareness of Stress Management
9.2 Growth in Individualized Self-Care
9.3 Increase in Number of Working Hours
9.4 Increasing Usage of Smartphones
9.5 Growing Cases of Depression
10 Market Restrictions
10.1 Perceived High Cost of Mental Wellness Programs
10.2 Low Awareness in Growing Economies
10.3 Shortage of Mental Health Workforce Professionals
11 Market Landscape
11.1 Market Size & Forecast
11.2 Five Forces Analysis
12 disorder
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 depression
12.4 Anxiety
12.5 Schizophrenia
12.6 Substance Use Disorder
12.7 Bipolar disorder
12.8 Alcohol Use Disorder
12.9 Post-Traumatic Stress Disorder
12.10 Eating Disorder
12.11 Others
13 type
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Senses, Spaces, and Sleep
13.4 Brain-Boosting Nutraceuticals & Botanicals
13.5 Self-Improvement
13.6 Meditation and Mindfulness
14 Age Group
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Adult
14.4 Geriatrics
14.5 Teenager
15 Geography
15.1 Market Snapshot & Growth Engine
15.2 Geographic Overview
For more information about this report visit https://www.researchandmarkets.com/r/eols5r
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