India Mental Health Market - 2025-2033

India Mental Health Market Size

India Mental Health Market size reached US$ 1.15 Billion in 2024 and is expected to reach US$ 1.28 Billion by 2033, growing at a CAGR of 1.2% during the forecast period 2025-2033.

India Mental Health Market India's mental health market is rapidly growing, driven by rising awareness, digital adoption, and supportive government initiatives. Mood disorders, including depression and anxiety, represent the largest segment of mental health issues, with adults being the primary demographic seeking treatment. Digital platforms like telehealth and mental health apps are expanding access, while psychological interventions remain the most common treatment.

Despite growth, challenges like the treatment gap, societal stigma, and a shortage of mental health professionals persist. Opportunities lie in corporate wellness programs, educational initiatives, and the integration of AI-driven solutions. The market is poised for substantial expansion, with healthcare providers and digital platforms playing key roles in shaping the future of mental health care in India.

India Mental Health Market Dynamics: Drivers & Restraints

Rising prevalence of mental health disorders is significantly driving the India mental health market growth

The World Health Organization estimates that the burden of mental health problems in India is 2,443 disability-adjusted life years (DALYs) per 10,000 population, the age-adjusted suicide rate per 1,00,000 population is 21.1. The economic loss due to mental health conditions, between 2012-2030, is estimated at USD 1.03 trillion. With this, the need for treatment is rising, creating a demand for the mental health market in India.

India has a high frequency of mental health issues such as depression, anxiety, bipolar disorder, schizophrenia, and substance abuse. Mental health disorders place a tremendous burden on individuals, families, and society, resulting in a worse quality of life, diminished functioning, and major economic and societal implications.

As the incidence of mental health disorders rises, there has been an accelerated adoption of digital solutions, such as telehealth and mobile applications for therapy. Moreover, many organizations are recognizing the importance of employee mental well-being and are implementing corporate wellness programs to address workplace stress and related issues. This trend not only supports employees but also contributes to a healthier workforce overall, further driving demand within the India mental health market.

A shortage of mental health specialists is hampering the market growth

The shortage of mental health specialists is a major obstacle to the expansion of the Indian mental health market. India has a severe lack of mental health specialists, with approximately 0.75 psychiatrists, 0.07 psychologists, and 0.07 social workers per 100,000 inhabitants. This dramatic contrast with developed countries, where there are around 6.6 psychiatrists per 100,000 inhabitants, indicates that the current workforce is insufficient to fulfill the growing demand for mental health care. As a result, those seeking help frequently face long wait times and poor care, which can exacerbate mental health issues.

Addressing this issue requires a collaborative effort from both the public and private sectors to increase investment in training programs, improve infrastructure, decrease stigma, and raise public understanding about mental health issues. By addressing these issues, India can seek to close the treatment gap and ensure that more people receive the care they require for their mental health.

India Mental Health Market Segment Analysis

The India mental health market is segmented based on treatment type, application, age group, and end-user.

The psychotherapy from the treatment type segment holds 42.38% in the India mental health market

Mental health issues like anxiety, depression, and stress-related disorders are widespread, and psychotherapy is often the first line of treatment for such conditions. For instance, according to studies, depression and anxiety disorders account for a significant portion of the country's mental health burden, and psychotherapy plays a vital role in managing these conditions.

Psychotherapy has gained greater acceptance in India, particularly in urban areas. While medication remains important, many individuals prefer psychotherapy (such as Cognitive Behavioral Therapy or CBT) to avoid long-term dependency on medications. It also aligns with a more holistic approach to mental wellness.

With the growth of telehealth and mental health apps like Wysa, YourDOST, and Mindhouse, psychotherapy services are increasingly accessible. These platforms offer virtual counseling sessions and psychological interventions, making psychotherapy more convenient and cost-effective. For instance, YourDOST has become a popular platform, particularly among young professionals and students, offering text-based therapy and counseling.

Government policies like the Mental Healthcare Act, 2017, and the National Mental Health Program encourage mental health care accessibility and integration into the mainstream healthcare system. For instance, the National Tele Mental Health Programme (NTMHP), launched by the Government of India on October 10, 2022, marks two years of significant contributions to the nation's mental healthcare system. As part of this initiative, Tele MANAS (Tele Mental Health Assistance and Networking Across States) was introduced as a toll-free helpline (14416) available nationwide, offering a wide range of mental health services, including psychotherapy.

These initiatives help expand access to psychotherapy services, particularly in rural and underserved areas, where face-to-face therapy might have been previously limited.

India Mental Health Market Top Companies

Top companies in the India mental health market include Sun Pharmaceutical Industries Ltd., Dr. Reddy’s Laboratories Ltd., Lupin, Torrent Pharmaceuticals Ltd, SiNi Pharma Pvt Ltd, Lifegenix, Lifecare Neuro Products Limited, Neurocon Inc., Psychocare Health Private Limited, and Eridanus, among others.

The India mental health market report delivers a detailed analysis with 42 key tables, more than 37 visually impactful figures, and 138 pages of expert insights, providing a complete view of the market landscape.