Mental Health Practices — US Industry Report
Official NAICS classification: Offices of mental health practitioners (except physicians) (62133)
The offices of mental health practitioners (except physicians) industry in the United States generated an estimated ~$30.4B in annual revenue across 46.5K establishments employing 276.3K workers (Census Bureau). This 25-page report analyzes industry performance, competitive dynamics, and delivers 5-year growth forecasts.
Industry Snapshot
- ▸Mental health employment growth significantly outpacing broader economic expansion
- ▸Fragmented practitioner landscape shows minimal consolidation despite market scale
- ▸Compensation growth outpacing headcount expansion across the sector
- ▸Labor costs represent substantial revenue share while payroll pressures intensify
Table of Contents
Key takeaways, industry definition, and current state overview. Covers the industry's scope, principal activities, NAICS classification context, and a concise snapshot of where the industry stands today. Reading this alone gives decision-makers the high-level picture they need before diving into data-backed chapters.
Historical performance analysis covering establishments, employment, and payroll (2012-2025). Examines what has driven industry performance in recent years, how the industry has responded to macroeconomic cycles, and which operating conditions have shaped revenue and labor dynamics. Includes source-cited tables and year-by-year data points.
5-year projections (2026-2030) with base case, bull case, and bear case scenarios. Each scenario combines historical trends, macroeconomic indicators from FRED, and industry-specific signals. Addresses questions on expected trajectory, forecast risk, downside drivers, and the assumptions behind each scenario.
Growth drivers, risk factors, and external environment analysis. Unpacks the forces that will shape the industry over the forecast horizon — demographic shifts, regulatory changes, technology adoption, and cyclical exposure. Frames both the upside opportunities and the structural risks operators and investors should weigh.
Market structure overview, barriers to entry, and competitive dynamics. Describes how the industry is organized between large incumbents and smaller operators, how fragmented or concentrated it is, and the typical strategies firms use to compete. Named companies and market-share figures are covered at Standard tier and above.
Cost structure, labor requirements, technology factors, and the regulatory environment. Examines where operators spend, how sensitive margins are to input costs, what workforce and technology investments are typical, and which compliance and regulatory constraints shape day-to-day operations and long-term planning.
Strengths, weaknesses, opportunities, and threats — each supported by concrete evidence from the underlying data. Moves beyond generic bullet points by tying each SWOT element to specific metrics, structural trends, or external forces identified elsewhere in the report. Useful for strategic planning and risk assessment.
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The Offices of mental health practitioners (except physicians) industry (NAICS 62133) encompasses 46.5K establishments in the United States employing 276.3K workers, generating an estimated ~$30.4B in annual revenue (Census Bureau). Classified within Health Care and Social Assistance, the industry is positioned in a growth phase of its life cycle.
This report examines historical performance trends (2012-2025), competitive structure, geographic distribution, and provides a 5-year outlook (2026-2030) with growth drivers, risk factors, and industry-specific SWOT analysis.
Products & Services
Key service categories in the Offices of mental health practitioners (except physicians) industry.
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Top Questions Answered
What is the market size of the Offices of mental health practitioners (except physicians) industry?
The Offices of mental health practitioners (except physicians) industry generated ~$23.3B in revenue (US Census Economic Census, 2022). Full analysis available in report.
How fast is the mental health practitioners industry growing?
The Offices of mental health practitioners (except physicians) industry has demonstrated strong growth over the past decade, consistently outpacing the broader U.S. economy. Full analysis available in report.
How many mental health practitioner offices operate in the United States?
As of 2023, the industry comprises approximately 46,500 establishments employing around 276,300 workers (Census CBP, 2023) nationally. Full analysis available in report.
What does NAICS code 62133 include and exclude?
NAICS 62133 covers establishments where licensed mental health practitioners — such as psychologists, licensed clinical social workers, licensed professional counselors, and marriage and family... Full analysis available in report.
What is the competitive landscape like for mental health practitioner offices?
The industry is highly fragmented, with low concentration among any single operator class — barriers to entry are relatively modest for licensed practitioners, requiring professional credentials and... Full analysis available in report.
What is the outlook for the mental health practitioners industry?
The industry is projected to continue its growth trajectory over the coming years, supported by several durable structural tailwinds. Full analysis available in report.
How does compensation vary across the mental health practitioners industry?
Compensation within the industry varies considerably by practitioner credential, with doctoral-level psychologists typically earning substantially more than master's-level counselors or social... Full analysis available in report.
What types of operators make up the mental health practitioners industry?
The industry encompasses a broad mix of solo practitioners, small group practices, and an emerging tier of national and regional platform operators that aggregate practitioners under a unified... Full analysis available in report.
Get complete answers with detailed growth rates, forecasts, and competitive analysis.
Methodology
This report is produced using AI-assisted analysis of official US government data sources. Our methodology combines automated data collection from federal statistical databases with AI-assisted synthesis and validation. Every numerical claim undergoes a validation pass against source data.
The Census Bureau's County Business Patterns and Economic Census provide establishment counts, employment, and payroll broken out by NAICS industry and geography. The Bureau of Labor Statistics QCEW program supplies wage data by industry. The Federal Reserve Economic Data (FRED) service contributes macroeconomic indicators used for industry forecasting — GDP, interest rates, housing starts, and sector-specific indices.
Data freshness varies by source: Census CBP has a ~2 year lag, BLS lags 6-9 months, and FRED provides near real-time macroeconomic data. Each report includes a data currency section showing exact year ranges.
Read our full methodology →Data Sources
Every chart, table, and claim in this report traces back to a published federal statistical database. Each data point in the PDF shows its source so you can verify it against the original dataset.
- U.S. Census Bureau — County Business Patterns & Economic Census
- Bureau of Labor Statistics — QCEW
- Federal Reserve Economic Data (FRED)
Report Details
Industry Classification (NAICS)
Where this industry sits in the North American Industry Classification System.
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