The U.S. behavioral health market is poised for steady growth over the next decade, driven by rising mental health needs, increased substance use and expanded access to care, according to a Precedence Research study published Aug. 26. From shifting demographics to the adoption of digital tools, several key trends are shaping the future of behavioral health services nationwide.
Here are eight things to know:
- The U.S. behavioral health market was valued at more than $89 billion in 2024 and is expected to reach $165.4 billion by 2034, growing at a 6.4% CAGR from 2025 to 2034.
- About 36% of the population is estimated to experience some form of mental disorder in their lifetime.
- According to the Substance Abuse and Mental Health Services Administration, 1 in 4 individuals in the U.S. has a substance use disorder.
- Around 31.9 million people in the U.S. used illegal drugs, and 8.1 million have a drug use disorder, according to the National Center for Drug Abuse Statistics.
- The suicide rate in the U.S increased by approximately 35% between 1999 and 2018. Suicide is the 10th-leading cause of death in the country.
- Depression and anxiety are major contributors to suicide and are among the most prevelant behavioral health conditions in the U.S.
- Growth in behavioral health is supported by a developed healthcare infrastructure, higher healthcare spending, improved access to services and increased mental health awareness.
- The U.S has been an early adopter of advanced behavioral health technologies, including digital tools that support remote care and data collection.
