U.S. Mental Health Market Size, Share and Forecast 2025-2033
Last updated
Last updated
United States Mental Health Market Overview
Base Year: 2024
Historical Years: 2019–2024
Forecast Years: 2025–2033
Market Growth Rate: 2.1% (2025–2033)
The United States mental health market is growing rapidly with increasing awareness, insurance coverage, and adoption of telehealth services. The size was valued at USD 110 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 132 Billion by 2033, exhibiting a CAGR of 2.1% from 2025-2033.
United States Mental Health Industry Trends and Drivers:
Mental health market in United States is expanding rapidly, fueled by growing awareness and rising prevalence of disorders like depression and anxiety. Valued at USD 92.2 billion in 2024, Towards Healthcare projects it to reach USD 151.62 billion by 2034, with a CAGR of 5.1%. In 2022, 59.3 million adults (23.1%) reported mental illness, per SAMHSA, with women (27.2%) more likely to seek treatment than men (18.5%). Telehealth adoption surged post-COVID, with 13.6% of adults reporting severe psychological distress in 2020, up from 3.9% in 2018. Government funding, like SAMHSA’s USD 46.8 million in 2024 for youth mental health, supports access. AI-driven tools, such as chatbots and wearables, enhance diagnostics, reducing errors by 15%. Outpatient clinics dominate, holding 40% market share, while home-based services grow fastest at a 6% CAGR. However, stigma and affordability remain barriers, with 43% of women with mental illness untreated in 2022 due to cost.
Chronic disease management and mental health integration are altering America’s mental health narrative. According to the CDC, an eye-popping 68% of individuals with mental illness face chronic conditions too. This statistic underscores the urgent need for seamless, coordinated care. Enter digital platforms like Omada, which secured a hefty $57 million in 2020. COVID-19 exacerbated demand, with 100,000 Americans reporting anxiety from pandemic disruptions. Innovations like BeMe Health’s USD 12.5 million Series A in 2024 fund age-specific digital tools, boosting engagement among youth. The market struggles with provider shortages. Only 10% of patients get effective treatment, according to NIMHD. There are also racial disparities. Black Americans access care at half the rate of white Americans. Investments in EHR systems, such as Universal Health Services’ Oracle integration in 2023, make operations smoother. At the same time, rural telehealth expansions, like Eastern Oklahoma VA’s program, improve access. These efforts set the stage for continued market growth.
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United States Mental Health Industry Segmentation:
The report has segmented the market into the following categories:
Analysis by Disorder:
Schizophrenia
Alcohol Use Disorders
Bipolar Disorder
Depression and Anxiety
Post-traumatic Stress Disorder
Substance Abuse Disorders
Eating Disorders
Others
Analysis by Service:
Emergency Mental Health Services
Outpatient Counselling
Home-based Treatment Services
Inpatient Hospital Treatment Services
Others
Analysis by Age Group:
Pediatric
Adult
Geriatric
Regional Analysis:
Northeast
Midwest
South
West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Market Performance (2019–2024)
Market Outlook (2025–2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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