Prepared for Chen L. | Delivered September 6, 2020
Brain Stimulation Market Overview
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To provide a market overview for the mental/behavioral health market, the wellness market, and the cognitive performance/enhancement market.
Mental Health Market
The behavioral therapy market was valued at $115.5 billion in 2019, but is poised to grow at a CAGR of
8.4% until 2025
, reaching $187.4 billion.
North America is the largest player in the market, occupying
of the market. This means that the North American behavioral therapy market revenue in 2019 reached $46.4 billion.
top companies in the behavioral therapeutics market include
Taro Pharmaceutical Industries,
, and Strides
Anxiety disorders occupy the largest share by disease type in 2019 and is estimated to grow at a CAGR of
7.5% until 2025
This is not surprising since anxiety disorders are the most common mental illness in the U.S., affecting
40 million adults
in the United States, which represents 18.1% of the population every year.
According to the National Institute of Mental Health,
of U.S. adults experience an anxiety disorder at some time in their lives.
Major depressive disorders effect
17.3 million US adults
every year, or about 7.1% of the total U.S. population.
of the US adult population experiences PTSD at some point in their lives. In 2019, about 8 million adults were suffering from PTSD in the US.
1 in 40, or
, of US adults have OCD at some point in their lives. In 2019, about
of the total US population suffered from OCD. The disease is more prevalent in women.
Among children and teenagers, the prevalence of OCD is
1 in 200
, or about 500,000 children.