Suggested by
Richard Dacalos
over 3 years ago
In the U.S., “over half (54.7%) of adults with a mental illness do not receive treatment, totaling over 28 million individuals” and "59.8% of youth with major depression do not receive any mental health treatment."- Mental Health America
“Around 20% of the world’s children and adolescents have a mental health condition, with suicide the second leading cause of death among 15-29-year-olds.” -World Health Organization
Depression post-lockdown reportedly quadrupled after the pandemic according to the CDC.
This is not just a societal problem but an economic and business problem affecting bottomlines.
“The global cost of mental health… projected to surge to US$ 6.0 trillion by 2030, from $2.5 trillion in 2010” -World Economic Forum
There is a clear opportunity for pioneers to shape the market space which is slated to grow to over $500 billion in value by 2030 according to some reports.
Are you interested in addressing this Unmet Need?