India Mental Health Market is expected to grow significantly by 2028 expanding at a reasonable CAGR during the forecast period 2022-2028
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
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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.
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.
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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 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.
India Mental Health Market Segmentation
Market Insight, by Disorders
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
Market Insight, by Age Group
Pediatric
Adult
Geriatric
Market Insight, by Region
North India
South India
East India
West India
Top Company Profiles
Wysa
Innerhour
Juno Clinic
YourDOST
Trijog
Headspace
Mind.fit
Mindhouse
Calm
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