Mental Health - Switzerland | Statista Market Forecast

Revenue in the Mental Health market is projected to reach US$324.10m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -0.25%, resulting in a market volume of US$320.00m by 2029.
In global comparison, most revenue will be generated United States (US$11.73bn in 2024).
In relation to total population figures, per person revenues of US$323.20 are generated in 2024.

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

Anxiolytic drugs
Antidepressant drugs
Antipsychotic drugs

Eating disorders
Trauma-related disorders
Substance abuse
Various types of therapy treatments

The Mental Health market in Switzerland is experiencing significant growth and development, driven by various factors such as increasing awareness and acceptance of mental health issues, changing societal attitudes, and advancements in treatment options.

Customer preferences: In recent years, there has been a notable shift in customer preferences towards seeking mental health support and treatment. This can be attributed to the growing recognition of the importance of mental well-being and the destigmatization of mental health issues. Customers are now more willing to openly discuss their mental health concerns and seek professional help when needed. Additionally, there is a rising demand for personalized and holistic approaches to mental health treatment, including therapy, counseling, and alternative therapies.

Trends in the market: One of the key trends in the mental health market in Switzerland is the increasing adoption of digital mental health solutions. With the widespread use of smartphones and internet connectivity, digital platforms and mobile applications have emerged as convenient and accessible tools for individuals to access mental health support. These digital solutions offer features such as online counseling, self-help resources, and mental health tracking, enabling users to manage their mental well-being remotely.Another trend is the integration of mental health services into primary care settings. Recognizing the importance of early intervention and prevention, healthcare providers are incorporating mental health screenings and assessments into routine check-ups. This integration aims to identify and address mental health issues at an early stage, reducing the burden on specialized mental health services and improving overall patient outcomes.

Local special circumstances: Switzerland has a well-established healthcare system that provides universal coverage and access to mental health services. The country places a strong emphasis on mental health promotion and prevention, with various initiatives aimed at raising awareness and reducing the stigma associated with mental health. Additionally, Switzerland has a high standard of living and a well-educated population, which contributes to the demand for quality mental health services.

Underlying macroeconomic factors: The strong economy and high disposable income in Switzerland play a significant role in the development of the mental health market. Individuals have the financial means to invest in their mental well-being and are more likely to seek out mental health services. Moreover, the Swiss government has implemented policies to support mental health initiatives and ensure the availability of adequate resources for mental health treatment and support.In conclusion, the Mental Health market in Switzerland is experiencing growth and development due to increasing awareness, changing customer preferences, and advancements in treatment options. The adoption of digital mental health solutions and the integration of mental health services into primary care settings are key trends in the market. Switzerland's well-established healthcare system, emphasis on mental health promotion, and strong economy contribute to the overall development of the mental health market in the country.

Data coverage:

Data encompasses B2C enterprises. Figures are based on companies' revenues, international institutes data, and global consumer survey data. Revenues refer to the retail value and include sales taxes.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use financial reports and third-party data. Next, we use relevant key market indicators and data from country-specific associations such as healthcare spending per capita, medical product spending per capita, and gross domestic product per capita. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, S-Curve function, ARIMA time series model and exponential curve function. Data is modeled using current exchange rates.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. GCS data is reweighted for representativeness.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

Despite what some may think, mental health problems are common in the United States and around the world. Mental health issues, much like other health issues, can be mild, but can also be life altering, affecting the emotional, social, and psychological well-being of the person. Common types of mental illness include mood disorders, anxiety disorders, eating disorders, and personality disorders. Although symptoms of mental illness differ depending on the type of illness and seriousness of the problem, common symptoms of mental health issues include changes in sleeping and eating habits, social withdrawal, feelings of hopelessness, anger, and prolonged sadness, suicidal thoughts, and substance abuse. In 2022, it was estimated that around 36 percent of those in the U.S. aged 18 to 25 years and 29 percent of those aged 26 to 49 years suffered from some form of mental illness in the past year.