GVR Report cover U.S. Psychiatry Clinic Market Size, Share & Trends Report

U.S. Psychiatry Clinic Market Size, Share & Trends Analysis Report By Age Group (Adult, Paediatric), And Segment Forecasts, 2021 - 2028

  • Published Date: Dec, 2021
  • Base Year for Estimate: 2020
  • Report ID: GVR-4-68039-723-5
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2019
  • Number of Pages: 60

Report Overview

The U.S. psychiatry clinic market size was valued at USD 23.1 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of around 3.90% from 2021 to 2028. The growing prevalence of mental health disorders in the U.S., favorable insurance coverage, and rising demand for mental health services are likely to boost the market growth during the forecast period. The increasing prevalence of mental health disorders in the U.S. is positively impacting the market growth. Around 51 million adults in the U.S. have mental issues as per the National Institute of Mental Health. There is an increase in demand for mental health services as a result of the high prevalence and rising awareness about mental health in the country. Medicare has decent coverage for mental health treatment resulting in better affordability and accessibility to psychiatric services.

U.S. psychiatry clinic market size, by age group, 2018 - 2028 (USD Billion)

On the other hand, the social stigma towards mental health treatment in the U.S. is limiting the market growth. The cost of psychiatric treatment is high and beyond affordable for many with Medicare coverage as well. Private insurances provide 10 to 15% less reimbursement for psychiatrists compared to Medicare insurance resulting in them avoiding such patients. The uninsured population faces the biggest challenge to afford the treatment and with a rise in the uninsured population since the start of the COVID-19 pandemic, the situation is worse.

COVID-19 U.S. Psychiatry Clinics Market Impact: 2.5% increase from 2019 To 2020

Pandemic Impact

Post COVID Outlook

The COVID-19 pandemic led to a global shutdown in all the markets. The psychiatric clinics in the U.S. were severely impacted during the early phase of the pandemic with psychiatry clinics being COVID-19 hotspots because of patients & the majority of staff having COVID-19 infection. This resulted in heavy restrictions on psychiatric clinics leading to huge losses for the psychiatric facilities in terms of revenue and patient numbers

Post COVID-19 the demand for mental health services will be high as ever with huge disease prevalence. New services that emerged during the later pandemic phase like telepsychiatry consultation, digital psychiatric services, and online therapy will be an integral part, having the highest demand

The pandemic has added to the growing prevalence of mental health disorders in the U.S. The mental health of the people has been highly affected as a result of isolation, loss of activity, loss of income, etc. The accessibility to the facilities for patients has been an issue due to the pandemic

The pandemic effect on the mental health of the people will result in new cases and better facilities will be available to serve them with the U.S. government now considering mental health a priority. The psychiatry clinics app-based services and online therapy sessions are resulting in better accessibility to the facilities


The advancement in technology and digitalization in the area of psychiatric care in recent years & during the pandemic will play a significant role. Telepsychiatry is trending with app-based psychiatric care and online therapy sessions. The accessibility to treatment is improving owing to telepsychiatry. Psychiatry care in the U.S. will have great scope ahead with high disease prevalence, better accessibility to the treatment, and the government making mental health a priority.

Age Group Insights

Based on age group, the market is segmented into adult and paediatric. The adult segment held the largest revenue share of more than 69% in 2020. This can be attributed to the growing disease prevalence in adults in the U.S. One in every four adults in the U.S. is having mental health problems as per mental health statistics by John Hopkins Medicine. Moreover, adult psychiatric services are available in most psychiatry clinics. Langley Porter Psychiatric Hospital, Mayo Clinic, Bellevue Hospital & Manhattan Psychiatric Center are some of the top psychiatry clinics known for adult services.

U.S. psychiatry clinic market share, by age group, 2020

The paediatric segment is expected to grow during the forecast period owing to the rising mental health problems and substance abuse among teenagers. Every one in six adolescents has mental health issues as per the National Council of Mental Wellbeing. In addition, improving accessibility to better paediatric facilities and an increasing number of awareness programs for child mental health are boosting the growth of this segment.

Key Companies & Market Share Insights

The market is highly fragmented with the presence of well-established psychiatry clinics, such as Universal Health Services, Inc., Mayo Clinic, and others. Many clinics in the U.S. operating at a small- to medium-scale have high competition within them but do not pose high competition to the top clinics. The market participants are looking forward to gaining higher market shares by undertaking various strategies, such as launching new services and partnerships. Some of the key players in the U.S. psychiatry clinic market are:

  • Universal Health Services

  • Langley Porter Psychiatric Hospital (LPPH)

  • Bellevue Hospital

  • Manhattan Psychiatric Center

  • Menninger Clinic

  • Tucker Psychiatric Clinic

  • Acadia Healthcare

  • UCSF Health

  • Peninsula Behavioral Health

  • Mayo Clinic

U.S. Psychiatry Clinic Market Report Scope

Report Attribute


The market size value in 2021

USD 23.9 billion

The revenue forecast in 2028

USD 32.1 billion

Growth rate

CAGR of 3.90% from 2021 to 2028

The base year for estimation


Historical data

2016 - 2019

Forecast period

2021 - 2028

Quantitative units

Revenue in USD billion and CAGR from 2021 to 2028

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Age group

Country scope


Key companies profiled

Universal Health Services; Langley Porter Psychiatric Hospital (LPPH); Bellevue Hospital; Manhattan Psychiatric Center; Menninger Clinic, Tucker Psychiatric Clinic; Acadia Healthcare; UCSF Health; Peninsula Behavioral Health; Mayo Clinic

Customization scope

Free report customization (equivalent to up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional, and segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Segments Covered in the Report

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Grand View Research has segmented the U.S. psychiatry clinic market report on basis of age group

  • Age Group Outlook (Revenue, USD Billion, 2016 - 2028)

    • Adult

    • Paediatric

Frequently Asked Questions About This Report

gvr icn


gvr icn

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself...

gvr icn


We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

BBB icon D&B icon

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure.