IMARC Group has recently released a new research study titled “South Korea Mental Health Market Report by Disorder (Schizophrenia, Alcohol Use Disorders, Bipolar Disorder, Depression and Anxiety, Post-traumatic Stress Disorder, Substance Abuse Disorders, Eating Disorders, and Others), Service (Emergency Mental Health Services, Outpatient Counselling, Home-based Treatment Services, Inpatient Hospital Treatment Services, and Others), Age Group (Pediatric, Adults, Geriatric), and Region 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
South Korea Mental Health Market Overview
The South Korea Mental Health Market size was valued at USD 8,542.5 Million in 2024 and is projected to reach USD 9,453.9 Million by 2033, growing at a CAGR of 1.13% during 2025-2033. Growth is driven by increased accessibility through technology such as telehealth services, mobile apps, and virtual reality, especially benefiting remote and underserved areas.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
South Korea Mental Health Market Key Takeaways
- Current Market Size: USD 8,542.5 Million in 2024
- CAGR: 1.13% during 2025-2033
- Forecast Period: 2025-2033
- Societal awareness and advocacy campaigns have increased demand for mental health services.
- Integration of AI and machine learning has enhanced personalized mental health interventions.
- Telehealth platforms and digital tools are expanding access, especially in remote areas.
- High demand for mental health services is noted in Seoul due to population density and stress factors.
- Aging population is leading to increased cases of dementia and related disorders, boosting service needs.
Sample Request Link: https://www.imarcgroup.com/south-korea-mental-health-market/requestsample
Market Growth Factors
The mental health market in South Korea is propelled by rising societal awareness of mental health issues. Extensive advocacy and destigmatization campaigns have led to more individuals seeking professional help, thereby fueling demand across various mental health services. This shift in public mindset is significant given the traditionally stigmatized nature of mental health in many societies.
Technological advancements form another key growth driver. The use of telehealth services, mental health mobile applications, and virtual reality technology has improved accessibility, particularly in underserved or remote regions. The adoption of artificial intelligence and machine learning in mental health has enhanced personalized approaches, improving treatment efficacy and patient outcomes.
Demographic factors also contribute to market expansion. South Korea’s aging population, expected to exceed 20% of those aged 65 or older by 2025, is experiencing higher incidences of age-related mental health disorders like dementia, Alzheimer’s disease, and depression. These conditions necessitate specialized mental health care, driving demand for tailored services for elderly individuals.
