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Research Outline
Prepared for Chen L. | Delivered September 6, 2020
Brain Stimulation Market Overview
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Goals
To provide a market overview for the mental/behavioral health market, the wellness market, and the cognitive performance/enhancement market.
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Early Findings
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
40.16%
of the market. This means that the North American behavioral therapy market revenue in 2019 reached $46.4 billion.
S
o
m
e
o
f
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e
top companies in the behavioral therapeutics market include
A
l
l
e
r
g
a
n
, Novartis,
Taro Pharmaceutical Industries,
P
e
r
r
i
g
o
Company,
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y
n
e
r
b
a
Pharmaceuticals,
A
p
o
t
e
x
,
S
a
n
d
o
z
, and Strides
A
r
c
o
l
a
b
.
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,
about 31.1%
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.
About
7-8%
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
2.3%
, of US adults have OCD at some point in their lives. In 2019, about
1.2%
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.
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