Philippines: mental health market revenue by segment 2023

Concerning the three selected segments, the segment Depressive Disorders has the largest revenue with 76.02 million U.S. dollars. Contrastingly, Psychotic Disorders is ranked last, with 30.16 million U.S. dollars. Their difference, compared to Depressive Disorders, lies at 45.86 million U.S. dollars.

Find more statistics on other topics: a comparison of the revenue in Chile and a comparison of the revenue in Colombia.

The Statista Market Insights cover a broad range of additional markets.

Revenue of the mental health market in the Philippines in 2023, by segment (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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All figures are estimates.

Supplementary notes

Data provided by Statista Market Insights are estimates.

Mental health disorders are common illnesses found among people all over the world. These disorders are caused by a variety of genetic and environmental factors that cause imbalances in a person's physical and emotional behavior. Most mental health disorders can be treated with behavioral and psychotherapies. In some cases, however, medication is prescribed along with these treatments. The Mental Health market represents the market for the drugs that are used to treat various mild to serious mental health disorders. The market is divided into three markets that have been based on the disorders that are being treated. This includes depressive disorders, anxiety and related sleeping disorders, and different types of psychotic disorders.

Market values represent the revenues generated by manufacturers and are based on retail prices for each drug category including all drugs, regardless of whether they are reimbursed or not.

Company examples: Pfizer, Bristol-Myers Squibb, Johnson & Johnson, AbbVie, and Sumitomo pharma

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