This report provides strategists, marketers and senior management with the critical information they need to assess the global Psychiatrists market.
The global psychiatrists market is expected to grow from $234.03 billion in 2021 to $255.09 billion in 2022 at a compound annual growth rate (CAGR) of 9.0%. The psychiatrists market is expected to grow to $320.39 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%.
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The major players covered in the psychiatrists market are UK NHS, Universal Health Services, Massachusetts General Hospital, New York-Presbyterian University Hospital, Mayo Clinic, Johns Hopkins Hospital, McLean Hospital, Mental Health and Neurosciences, Vidyasagar Institute of Mental Health and Neurosciences, Central Institute of Psychiatry, Institute of Behaviour and Allied Sciences
The psychiatrist market consists of sales of psychiatrists' services and related goods by entities (organizations, sole traders, and partnerships) that provide the diagnosis, treatment, and prevention of mental, emotional, and behavioral disorders. The psychiatrist industry includes establishments of licensed practitioners having the degree of M.D. (Doctor of Medicine) or D.O. (Doctor of Osteopathic Medicine) that provide palliative care, treat psychosomatic disorders, mental disorders, and others. Psychiatrists operate private or group practices in their own offices (e.g., centers, clinics) or in the facilities of others, such as hospitals or health maintenance organization (HMO) medical centers.
The main mental disorder types of psychiatrists are alcohol abuse mental and behavioral disorders, psychoactive substance uses mental and behavioral disorders, schizophrenia, schizotypal and delusional disorders, mood (anxiety and depression) disorders, and other mental and behavioral disorders. The patient types are inpatient and outpatient. The psychology types are social, abnormal, biological, and others.
The regions covered in psychiatrists market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The rising government support for mental health reforms is expected to propel the growth of the psychiatrist market going forward. Support for mental health resources led to a demand for mental care and drove the psychiatrist market.
For instance, according to Business Insider, a US-based financial and business news website, Chile announced an over 300% increase in the mental health budget in 2021 and Canada announced a $1 billion fund allocation for mental health in its Budget 2021. Therefore, rising government support for mental health reforms is driving the growth of the psychiatrist market.
The new studies associated with psychiatric genetics are discovering complex disorders related to mental health are a key trend gaining popularity in the psychiatrists market. Psychiatric genetics studies the role of genetics in the causes of mental health and provides knowledge to improve treatment methods.
The countries covered in the psychiatrist's market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA.
Report Attribute
Details
No. of Pages
175
Forecast Period
2022 - 2026
Estimated Market Value (USD) in 2022
$255.09 Billion
Forecasted Market Value (USD) by 2026
$320.39 Billion
Compound Annual Growth Rate
5.9%
Regions Covered
Global
Key Topics Covered:
1. Psychiatrists Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction 6.1. Segmentation By Geography 6.2. Segmentation By Type Of Disorder 6.3. Segmentation By Type Of Patient (In-Patient VS Out-Patient)
7. Psychiatrists Market Characteristics 7.1. Market Definition 7.2. Segmentation By Type Of Mental Disorder 7.2.1. Alcohol Abuse Mental And Behavioral Disorders 7.2.2. Psychoactive Substance Use Mental And Behavioral Disorders 7.2.3. Schizophrenia, Schizotypal And Delusional Disorders 7.2.4. Mood (Anxiety And Depression) Disorders 7.2.5. Other Mental And Behavioral Disorders 7.3. Segmentation By Type Of Patient 7.3.1. Inpatient 7.3.2. Outpatient 7.4. Segmentation By Psychology Type 7.3.1. Social 7.3.2. Abnormal 7.3.3. Biological 7.3.24. Other Psychology Types
8. Psychiatrists Market, Supply Chain Analysis 8.1. Resources 8.2. Service Providers 8.3. Other Service Providers 8.4. Payers 8.5. End Users
9. Psychiatrists Market Customer Information 9.1. Millennials Are Using Walk-In Clinics And Telemedicine Services More Than Their Older Counterparts 9.2. Patients In India Receiving Mental Health Service Are Most Satisfied 9.3. Positive Opinion Towards Psychiatrists In India 9.4. Psychotherapy Is Most Recommended For Schizophrenia And Depression
10. Psychiatrists Market Trends And Strategies 10.1. Discoveries In Psychiatric Genetics 10.2. Adoption Of Mobile And Connected Technologies For Psychiatric Diagnosis 10.3. Use Of Telepsychiatry Technology 10.4. Increasing Mergers And Acquisitions 10.5. Emphasis On Quality 10.6. Adoption Of Cognitive Behavioral Therapy And Applied Behavioral Analysis
11. Psychiatrists Market Opportunity Assessment, PESTEL Analysis 11.1. Political 11.1.1. Government Initiatives 11.1.2. Political Uncertainty 11.2. Economic 11.2.1. Emerging Markets 11.2.2. Insufficient Insurance Coverage 11.3. Social 11.3.1. Aging Global Population 11.3.2. Rising Unemployment 11.3.3. Unhealthy Workplace Environment 11.3.4. Shortage Of Professionals 11.4. Technological 11.4.1. Technological Advances 11.5. Environmental 11.5.1. Climatic Changes 11.6. Legal 11.6.1. Stringent Regulations On Health Data Protection
12. Global Psychiatrists Market Size And Growth 12.1. Market Size 12.2. Historic Market Growth, Value ($ Billion) 12.2.1. Drivers Of The Market 2016-2021 12.2.2. Restraints On The Market 2016-2021 12.3. Forecast Market Growth, Value ($ Billion) 12.3.1. Drivers Of The Market 2021-2026 12.3.2. Restraints On The Market 2021-2026
13. Psychiatrists Market, Regional And Country Analysis 13.1. Global Psychiatrists Market, 2021, By Region, Value ($ Billion) 13.2. Global Psychiatrists Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region 13.3. Global Psychiatrists Market, 2021-2026, Growth And Market Share Comparison, By Region 13.4. Global Psychiatrists Market, 2021, Regional Analysis, Split By Type Of Patient 13.5. Global Psychiatrists Market, 2021, By Country, Value ($ Billion) 13.6. Global Psychiatrists Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country 13.7. Global Psychiatrists Market, 2021-2026, Growth And Market Share Comparison, By Country
14. Global Psychiatrists Market Segmentation 14.1. Global Psychiatrists Market, Segmentation By Type Of Disorder, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) 14.1.1. Other Mental And Behavioral Disorders 14.1.2. Mood (Anxiety And Depression) Disorders 14.1.3. Schizophrenia, Schizotypal And Delusional Disorders 14.1.4. Alcohol Abuse Mental And Behavioral Disorders 14.1.5. Psychoactive Substance Use Mental And Behavioral Disorders 14.2. Global Psychiatrists Market, Segmentation By Type Of Disorder (In-Patient VS Out-Patient), 2021, Value ($ Billion) 14.3. Global Psychiatrists Market, Historic And Forecast, Split By Disorder (In-Patient VS Out-Patient), 2016-2021, 2021-2026F, 2031F 14.4. Global Number Of Patients, Split By Mental Disorder (Inpatient VS Outpatient), 2021, in Million
15. Global Psychiatrists Market Comparison with Macro Economic Factors 15.1. Psychiatrists Market Size, Percentage Of GDP, Global 15.2. Per Capita Average Psychiatrists Market Expenditure, Global
16. Global Psychiatrists Market Comparison With Macro Economic Factors Across Countries 16.1. Psychiatrists Market Size, Percentage Of GDP, By Country 16.2. Per Capita Average Psychiatrists Market Expenditure, By Country
