Global Children’s Mental Health Market Insights Forecasts to 2033

• The Market Size is growing at a CAGR of XX% from 2023 to 2033
• The Worldwide Children’s Mental Health Market Size is expected to Hold a Significant Share by 2033
• Europe Market is expected to grow the fastest during the forecast period

The Global Children’s Mental Health Market Size is expected to Hold a Significant Share by 2033, at a CAGR of XX% during the forecast period 2023 to 2033.

Childhood is a special and forming period of life. Children who experience physical, emotional, or social changes such as being exposed to violence, abuse, or poverty may be more susceptible to mental health issues. Children's health and well-being during adolescence and adulthood depend on preventing adversity, fostering socioemotional learning and psychological well-being, and guaranteeing access to mental health care. 10% of kids and teenagers worldwide suffer from mental illnesses, but most of them don't ask for or get treatment for their conditions. In United States according to the CNN health data, 14.9% of children between the ages of 5 and 17 had received mental health treatment in 2021, with 8.2% of those children having taken medication and 11.5% receiving counselling or therapy from a mental health professional. Upon conducting an age-based analysis of the data, the researchers discovered that 18.9% of kids between the ages of 12 and 17 received mental health treatment, in contrast to 11.3% of kids between the ages of 5 and 11.Furthermore, although 7.3% of girls and 9% of boys, respectively, were reported to have taken medication for mental health issues, the researchers did not find a significant difference in the percentage of girls and boys who had received counselling or therapy 12.1% of girls and 11% of boys. In order to promote mental health, prevent mental health conditions, and provide mental health care for children, adolescents, and their families, WHO supports Member States in the development and implementation of multisectoral, evidence-based, and human rights-based strategies.

Report Coverage

This research report categorizes the market for the global children’s mental health market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global children’s mental health market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global children’s mental health market.

Driving Factors

The rising demand, governments, organizations, and healthcare providers have made significant investments in mental health resources and infrastructure. All things considered, the increased public awareness of mental health issues has improved the lives of those who are seeking assistance and fostered growth in the children’s mental health industry, with a greater emphasis on practical and efficient solutions. For those aged 15 to 19, suicide is the fourth most common cause of death. Furthermore, neglecting children's and adolescents' mental health and psychosocial development has long-term effects that hamper their ability to lead happy, fulfilling lives into adulthood.

Restraining Factors        

The negative perception associated with mental illness is a major restraining factor in the mental health market, preventing people from seeking treatment. The shortage of qualified mental health practitioners is one of the largest issues facing the mental health industry, especially in low- and middle-income nations.

Market Segmentation

By Mental Disorder Insights

The anxiety disorders segment dominates the market with the largest revenue share over the forecast period.

On the basis of mental disorder, the global children’s mental health market is segmented into mood disorders, anxiety disorders, personality disorders, psychotic disorders, eating disorders, and others. Among these, the anxiety disorders segment is dominating the market with the largest revenue share over the forecast period. An anxiety disorders is a common mental illness in children, anxiety disorder affects millions of children in worldwide. It is the outcome of intricate interactions between, psychological, and social elements. Childrens who have experienced unfavourable life circumstances, like parents’ loss, ranging, or traumatic incidents, are at a higher risk of developing depression.

By Treatment Technique Insights

The intervention counselling segment is witnessing significant CAGR growth over the forecast period.

On the basis of treatment technique, the global children’s mental health market is segmented into intervention counselling, individualized therapy, group therapy, family counselling, discharge planning, and others. Among these, the intervention counselling segment is witnessing significant growth over the forecast period. To enhance emotional regulation and help individuals create unique coping mechanisms, intervention counselling focuses on questioning and altering cognitive distortions, including ideas, attitudes, and behaviors that go along with them.

By Services Insights

The emergency mental health services segment is expected to hold the largest share of the global children’s mental health market during the forecast period.

Based on the services, the global children’s mental health market is classified into emergency mental health services, and outpatient counselling. Among these, the emergency mental health services segment is expected to hold the largest share of the children’s mental health market during the forecast period. Emergency mental health services provide immediate and short-term treatment for children who are experiencing a mental health crisis, such as suicidal ideation, self-harm, or severe anxiety or depression. Crisis centres or hospital emergency rooms are the usual locations for emergency mental health services. Individuals with mental health disorders can receive ongoing treatment on an outpatient basis through outpatient counselling services. Family, group, and individual therapy are all possible components of outpatient counselling.

Regional Insights

North America dominates the market with the largest market share over the forecast period.

North America is dominating the market with the largest market share over the forecast period. The region's market is expanding due to the high frequency of mental health disorders, rising public awareness of mental health issues, and rising healthcare costs. Key players in the North American market compete fiercely, concentrating on the study and creation of novel therapies and treatments for mental health illnesses. For example, 40 million Americans who are 18 years of age or older suffer from anxiety disorders each year, according to the Anxiety and Depression Association of America (ADAA) in 2020. Throughout the projection period, these elements will support the regional market's expansion.

Europe is expected to grow the fastest during the forecast period. a number of factors, like a high prevalence of mental health disorders, rising public awareness of mental health issues, and an increase in the demand for mental health services, Europe is the second-largest market for mental health services. There are many small and mid-sized players operating in the market, which is characterized by a fragmented competitive landscape.

Competitive Analysis:

The report offers an appropriate analysis of the key organizations and companies involved in global children’s mental health, along with a comparative evaluation primarily based on their product offerings, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Market Players

• Behavioral Health Network, Inc.
• CareTech Holdings PLC
• Pyramid Healthcare
• Promises Behavioral Health
• Ascension Seton
• North Range Behavioral Health
• Acadia Healthcare
• The MENTOR Network
• Universal Health Services, Inc.
• Strategic Behavioral Health
• Pyramid Healthcare
• Promises Behavioral Health
• Others

Key Market Developments

• In December 2023, Chicago-based foundation revealed the first $2 million in funding for the expansion of its grant making program, which will help young women and girls affected by trauma and violence in the city.

• In June 2023, MHA Nation, a company that offers mental health and drug abuse treatment services to the Native American community, was purchased by LifeStance Health, the biggest outpatient mental health service provider in the US. Through the acquisition, LifeStance Health will be able to reach more underprivileged areas.

• In June 2023, the nation's largest health insurer, UnitedHealthcare, partnered with Headspace Health, a digital mental health company, to make its services available to UnitedHealthcare members.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Children’s Mental Health Market based on the below-mentioned segments:

Children’s Mental Health Market, Mental Disorder Analysis

• Mood Disorders
• Anxiety Disorders
• Personality Disorders
• Psychotic Disorders
• Eating Disorders
• Others

Children’s Mental Health Market, Treatment Technique Analysis

• Intervention Counselling
• Individualized Therapy
• Group Therapy
• Family Counselling
•  Discharge Planning
• Others

Children’s Mental Health Market, Services Analysis

• Emergency Mental Health Services
• Outpatient Counselling

Children’s Mental Health Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa