Product Code: ARZ220312
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 analyses leading companies and several other prominent companies operating in the industry.
The global mental wellness market is expected to grow at a CAGR of 6.35% during the forecast period.
MARKET ENABLERS
- Increasing Awareness of Stress Management
- Growth in Individualized Self-Care
- Increase in Number of Working Hours
- Growing Cases of Depression
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
Segmentation by Disorder
- Depression
- Anxiety
- Schizophrenia
- Substance Use Disorder
- Bipolar Disorder
- Alcohol Use Disorder
- Post-Traumatic Stress Disorder
- Eating Disorder
- Others
Segmentation by Type
- Senses Spaces, And Sleep
- Brain Boosting Nutraceuticals & Botanicals
- Self-Improvement
- Meditation and Mindfulness
Segmentation by Age Group
- Adults
- Geriatric
- Teenager
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
Segmentation by Region
- North America
- APAC
- China
- Japan
- South Korea
- Australia
- India
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
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
- SkillPath
- FranklinCovey
- Amare Global
- Headspace
Other Prominent Vendors
- CVS Health (Active Health)
- CuraLinc Healthcare
- Fitbit
- Wellsource
- Vitality
- Virgin Pulse
- Aduro
- HealthCheck360
- Lifestart
- Castlight
- Acadia Healthcare
- Calm
- Universal Health Services
- Behavioral Health Network
- Pyramid Healthcare
- Promises Behavioral Health
TABLE OF CONTENTS
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
- 4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
- 4.2 BASE YEAR
- 4.3 SCOPE OF THE STUDY
- 4.4 MARKET SEGMENTS
- 4.4.1 MARKET SEGMENTATION BY DISORDER
- 4.4.2 MARKET SEGMENTATION BY TYPE
- 4.4.3 MARKET SEGMENTATION BY AGE GROUP
- 4.4.4 MARKET SEGMENTATION BY GEOGRAPHY
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 RESTRAINTS
- 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
- 11.2.1 THREAT OF NEW ENTRANTS
- 11.2.2 BARGAINING POWER OF SUPPLIERS
- 11.2.3 BARGAINING POWER OF BUYERS
- 11.2.4 THREAT OF SUBSTITUTES
- 11.2.5 COMPETITIVE RIVALRY
12 DISORDER
- 12.1 MARKET SNAPSHOT & GROWTH ENGINE
- 12.2 MARKET OVERVIEW
- 12.3 DEPRESSION
- 12.3.1 MARKET SIZE & FORECAST
- 12.3.2 MARKET BY GEOGRAPHY
- 12.4 ANXIETY
- 12.4.1 MARKET SIZE & FORECAST
- 12.4.2 MARKET BY GEOGRAPHY
- 12.5 SCHIZOPHRENIA
- 12.5.1 MARKET SIZE & FORECAST
- 12.5.2 MARKET BY GEOGRAPHY
- 12.6 SUBSTANCE USE DISORDER
- 12.6.1 MARKET SIZE & FORECAST
- 12.6.2 MARKET BY GEOGRAPHY
- 12.7 BIPOLAR DISORDER
- 12.7.1 MARKET SIZE & FORECAST
- 12.7.2 MARKET BY GEOGRAPHY
- 12.8 ALCOHOL USE DISORDER
- 12.8.1 MARKET SIZE & FORECAST
- 12.8.2 MARKET BY GEOGRAPHY
- 12.9 POST-TRAUMATIC STRESS DISORDER
- 12.9.1 MARKET SIZE & FORECAST
- 12.9.2 MARKET BY GEOGRAPHY
- 12.10 EATING DISORDER
- 12.10.1 MARKET SIZE & FORECAST
- 12.10.2 MARKET BY GEOGRAPHY
- 12.11 OTHERS
- 12.11.1 MARKET SIZE & FORECAST
- 12.11.2 MARKET BY GEOGRAPHY
13 TYPE
- 13.1 MARKET SNAPSHOT & GROWTH ENGINE
- 13.2 MARKET OVERVIEW
- 13.3 SENSES, SPACES, AND SLEEP
- 13.3.1 MARKET SIZE & FORECAST
- 13.3.2 MARKET BY GEOGRAPHY
- 13.4 BRAIN-BOOSTING NUTRACEUTICALS & BOTANICALS
- 13.4.1 MARKET SIZE & FORECAST
- 13.4.2 MARKET BY GEOGRAPHY
- 13.5 SELF-IMPROVEMENT
- 13.5.1 MARKET SIZE & FORECAST
- 13.5.2 MARKET BY GEOGRAPHY
- 13.6 MEDITATION AND MINDFULNESS
- 13.6.1 MARKET SIZE & FORECAST
- 13.6.2 MARKET BY GEOGRAPHY
14 AGE GROUP
- 14.1 MARKET SNAPSHOT & GROWTH ENGINE
- 14.2 MARKET OVERVIEW
- 14.3 ADULT
- 14.3.1 MARKET SIZE & FORECAST
- 14.3.2 MARKET BY GEOGRAPHY
- 14.4 GERIATRIC
- 14.4.1 MARKET SIZE & FORECAST
- 14.4.2 MARKET BY GEOGRAPHY
- 14.5 TEENAGER
- 14.5.1 MARKET SIZE & FORECAST
- 14.5.2 MARKET BY GEOGRAPHY
15 GEOGRAPHY
- 15.1 MARKET SNAPSHOT & GROWTH ENGINE
- 15.2 GEOGRAPHIC OVERVIEW
16 NORTH AMERICA
- 16.1 MARKET SIZE & FORECAST
- 16.2 DISORDER
- 16.2.1 MARKET SIZE & FORECAST
- 16.3 TYPE
- 16.3.1 MARKET SIZE & FORECAST
- 16.4 AGE GROUP
- 16.4.1 MARKET SIZE & FORECAST
- 16.5 KEY COUNTRIES
- 16.5.1 US: MARKET SIZE & FORECAST
- 16.5.2 CANADA: MARKET SIZE & FORECAST
17 APAC
- 17.1 MARKET SIZE & FORECAST
- 17.2 DISORDER
- 17.2.1 MARKET SIZE & FORECAST
- 17.3 TYPE
- 17.3.1 MARKET SIZE & FORECAST
- 17.4 AGE GROUP
- 17.4.1 MARKET SIZE & FORECAST
- 17.5 KEY COUNTRIES
- 17.5.1 CHINA: MARKET SIZE & FORECAST
- 17.5.2 JAPAN: MARKET SIZE & FORECAST
- 17.5.3 SOUTH KOREA: MARKET SIZE & FORECAST
- 17.5.4 AUSTRALIA: MARKET SIZE & FORECAST
- 17.5.5 INDIA: MARKET SIZE & FORECAST
18 EUROPE
- 18.1 MARKET SIZE & FORECAST
- 18.2 DISORDER
- 18.2.1 MARKET SIZE & FORECAST
- 18.3 TYPE
- 18.3.1 MARKET SIZE & FORECAST
- 18.4 AGE GROUP
- 18.4.1 MARKET SIZE & FORECAST
- 18.5 KEY COUNTRIES
- 18.5.1 GERMANY: MARKET SIZE & FORECAST
- 18.5.2 UK: MARKET SIZE & FORECAST
- 18.5.3 ITALY: MARKET SIZE & FORECAST
- 18.5.4 FRANCE: MARKET SIZE & FORECAST
- 18.5.5 SPAIN: MARKET SIZE & FORECAST
19 LATIN AMERICA
- 19.1 MARKET SIZE & FORECAST
- 19.2 DISORDER
- 19.2.1 MARKET SIZE & FORECAST
- 19.3 TYPE
- 19.3.1 MARKET SIZE & FORECAST
- 19.4 AGE GROUP
- 19.4.1 MARKET SIZE & FORECAST
- 19.5 KEY COUNTRIES
- 19.5.1 BRAZIL: MARKET SIZE & FORECAST
- 19.5.2 MEXICO: MARKET SIZE & FORECAST
20 MIDDLE EAST & AFRICA
- 20.1 MARKET SIZE & FORECAST
- 20.2 DISORDER
- 20.2.1 MARKET SIZE & FORECAST
- 20.3 TYPE
- 20.3.1 MARKET SIZE & FORECAST
- 20.4 AGE GROUP
- 20.4.1 MARKET SIZE & FORECAST
- 20.5 KEY COUNTRIES
- 20.5.1 SOUTH AFRICA: MARKET SIZE & FORECAST
- 20.5.2 SAUDI ARABIA: MARKET SIZE & FORECAST
21 COMPETITIVE LANDSCAPE
- 21.1 COMPETITION OVERVIEW
22 KEY COMPANY PROFILES
- 22.1 SKILLPATH
- 22.1.1 BUSINESS OVERVIEW
- 22.1.2 PRODUCT OFFERINGS
- 22.1.3 KEY STRATEGIES
- 22.1.4 KEY STRENGTHS
- 22.1.5 KEY OPPORTUNITIES
- 22.2 FRANKLINCOVEY
- 22.2.1 BUSINESS OVERVIEW
- 22.2.2 PRODUCT OFFERINGS
- 22.2.3 KEY STRATEGIES
- 22.2.4 KEY STRENGTHS
- 22.2.5 KEY OPPORTUNITIES
- 22.3 AMARE GLOBAL
- 22.3.1 BUSINESS OVERVIEW
- 22.3.2 PRODUCT OFFERINGS
- 22.3.3 KEY STRATEGIES
- 22.3.4 KEY STRENGTHS
- 22.3.5 KEY OPPORTUNITIES
- 22.4 HEADSPACE
- 22.4.1 BUSINESS OVERVIEW
- 22.4.2 PRODUCT OFFERINGS
- 22.4.3 KEY STRATEGIES
- 22.4.4 KEY STRENGTHS
- 22.4.5 KEY OPPORTUNITIES
23 OTHER PROMINENT VENDORS
- 23.1 CVS HEALTH (ACTIVE HEALTH)
- 23.1.1 BUSINESS OVERVIEW
- 23.1.2 PRODUCT OFFERINGS
- 23.2 CURALINC HEALTHCARE
- 23.2.1 BUSINESS OVERVIEW
- 23.2.2 PRODUCT OFFERINGS
- 23.3 FITBIT
- 23.3.1 BUSINESS OVERVIEW
- 23.3.2 PRODUCT OFFERINGS
- 23.4 WELLSOURCE
- 23.4.1 BUSINESS OVERVIEW
- 23.4.2 PRODUCT OFFERINGS
- 23.5 VITALITY
- 23.5.1 BUSINESS OVERVIEW
- 23.5.2 PRODUCT OFFERINGS
- 23.6 VIRGIN PULSE
- 23.6.1 BUSINESS OVERVIEW
- 23.6.2 PRODUCT OFFERINGS
- 23.7 ADURO
- 23.7.1 BUSINESS OVERVIEW
- 23.7.2 PRODUCT OFFERINGS
- 23.8 HEALTHCHECK360
- 23.8.1 BUSINESS OVERVIEW
- 23.8.2 PRODUCT OFFERINGS
- 23.9 LIFESTART
- 23.9.1 BUSINESS OVERVIEW
- 23.9.2 PRODUCT OFFERINGS
- 23.10 CERIDIAN
- 23.10.1 BUSINESS OVERVIEW
- 23.10.2 PRODUCT OFFERINGS
- 23.11 ACADIA HEALTHCARE
- 23.11.1 BUSINESS OVERVIEW
- 23.11.2 PRODUCT OFFERINGS
- 23.12 CALM
- 23.12.1 BUSINESS OVERVIEW
- 23.12.2 PRODUCT OFFERINGS
- 23.13 UNIVERSAL HEALTH SERVICES
- 23.13.1 BUSINESS OVERVIEW
- 23.13.2 PRODUCT OFFERINGS
- 23.14 BEHAVIORAL HEALTH NETWORK
- 23.14.1 BUSINESS OVERVIEW
- 23.14.2 PRODUCT OFFERINGS
- 23.15 PYRAMID HEALTHCARE
- 23.15.1 BUSINESS OVERVIEW
- 23.15.2 PRODUCT OFFERINGS
- 23.16 PROMISES BEHAVIORAL HEALTH
- 23.16.1 BUSINESS OVERVIEW
- 23.16.2 PRODUCT OFFERINGS
24 REPORT SUMMARY
- 24.1 KEY TAKEAWAYS
- 24.2 STRATEGIC RECOMMENDATIONS
25 QUANTITATIVE SUMMARY
- 25.1 MARKET BY GEOGRAPHY
- 25.2 NORTH AMERICA
- 25.2.1 DISORDER
- 25.2.2 TYPE
- 25.2.3 AGE GROUP
- 25.3 APAC
- 25.3.1 DISORDER
- 25.3.2 TYPE
- 25.3.3 AGE GROUP
- 25.4 EUROPE
- 25.4.1 DISORDER
- 25.4.2 TYPE
- 25.4.3 AGE GROUP
- 25.5 LATIN AMERICA
- 25.5.1 DISORDER
- 25.5.2 TYPE
- 25.5.3 AGE GROUP
- 25.6 MIDDLE EAST & AFRICA
- 25.6.1 MARKET SIZE & FORECAST
- 25.6.2 TYPE
- 25.6.3 AGE GROUP
- 25.7 DISORDER
- 25.7.1 DEPRESSION
- 25.7.2 ANXIETY
- 25.7.3 SCHIZOPHRENIA
- 25.7.4 SUBSTANCE USE DISORDER
- 25.7.5 BIPOLAR DISORDER
- 25.7.6 ALCOHOL USE DISORDER
- 25.7.7 POST-TRAUMATIC STRESS DISORDER
- 25.7.8 EATING DISORDER
- 25.7.9 OTHERS
- 25.8 TYPE
- 25.8.1 SENSES, SPACES, & SLEEP
- 25.8.2 BRAIN-BOOSTING NUTRACEUTICALS & BOTANICALS
- 25.8.3 SELF-IMPROVEMENT
- 25.8.4 MEDITATION AND MINDFULNESS
- 25.9 AGE GROUP
- 25.9.1 ADULTS
- 25.9.2 GERIATRIC
- 25.9.3 TEENAGER
26 APPENDIX