IMARC Group, a leading market research company, has recently releases report titled “Europe Mental Health Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” offers a comprehensive analysis of the industry, which comprises insights on the Europe mental health market report. The European mental health market is projected to exhibit a growth rate (CAGR) of 2.8% during 2023-2028.
Mental health refers to the social, emotional, and psychological well-being of individuals. It is a dynamic state of equilibrium wherein people deal with stress and anxiety and make informed decisions for a balanced and fulfilling life. It supports strong relationships and reduces the burden on healthcare systems and communities. Besides this, its negligence leads to mental disorders that hinder daily functioning and strain relationships. It can be managed by incorporating exercise and meditation into daily routines, consuming nutritious diets, and following quality sleep patterns. It can also be improved by pursuing creative activities like art, writing, reading, and listening to music.
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What are the growth prospects and trends in the Europe Mental Health Industry:
The rising aging population represents one of the key factors catalyzing the demand for mental health services across Europe. Additionally, employers in the region are increasingly recognizing the importance of mental well-being in the workplace. They are undertaking initiatives, such as employee assistance programs and mental health awareness campaigns. Apart from this, the digital transformation in healthcare, including telehealth, mental health apps, and online therapy platforms, is making mental health services more accessible to Europeans and offering a favorable market outlook. Furthermore, governing authorities of various countries in the region are investing in mental health services and focusing on early intervention and prevention, which is augmenting the market growth.
Key market segmentation:
The report has segmented the market into the following categories:
Breakup by Disorder:
- Schizophrenia
- Alcohol Use Disorder
- Bipolar Disorder
- Depression and Anxiety
- Post-traumatic Stress Disorder
- Substance Abuse Disorder
- Eating Disorder
- Others
A detailed breakup and analysis of the market based on the disorder has also been provided in the report. This includes schizophrenia, alcohol use disorder, bipolar disorder, depression and anxiety, post-traumatic stress disorder, substance abuse disorder, eating disorder, and others.
Breakup by Service:
- Emergency Mental Health Services
- Outpatient Counselling
- Home-based Treatment Services
- Inpatient Hospital Treatment Services
- Others
A detailed breakup and analysis of the market based on the end user has also been provided in the report. This includes emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services, and others
Breakup by Age Group:
- Pediatric
- Adult
- Geriatric
A detailed breakup and analysis of the market based on the end user has also been provided in the report. This includes pediatric, adult, and geriatric.
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Germany, France, the United Kingdom, Italy, Spain, and others.
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