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Report Insights: According to Cognitive Market Research, the global Mental wellness market size will be USD 150254.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 60101.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 45076.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 34558.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 7512.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 3005.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
The Adults is the fastest growing segment of the Mental wellness industry
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