The most common health condition prevailing in the US is mental illness. Nearly half of all people will be diagnosed with a mental illness or disorder at some point in their lives. The prevalence of mental illnesses such as major depression, schizophrenia, and bipolar disorder was estimated at 1 in every 25 US lives. The global mental health market, estimated at USD 381.35 billion in 2020, is expected to reach USD 538.37 billion by 2030, increasing at a CAGR of 3.6%.
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