Music Therapy Market Expected To Grow To Over $5.28 Million By 2031

A recent study published by Growth Market Reports indicates a growth in the Music Therapy Market to over $5.28 million by the end of 2031.

This market includes music use in “application”—trauma, chronic pain, substance abuse disorders, and neurodevelopment disorders—and for use by “end users”—in schools, hospitals, rehabilitation centers, and jails.

Music therapy is divided into two types: receptive and active. Receptive therapy is where the client listens to music and responds to the experience whereas active therapy involves the creation of music in some way.

The current size of the Music Therapy Market was $2.6 million in 2022 and is expected to have 9.4% annual growth by 2031.

Active and trauma applications as well as uses in the hospital sector are expected to be key in the growth of music therapy.

North America was forecasted to dominate the market given music therapy’s prominence in healthcare. The Asia Pacific Region will also grow rapidly with increasing awareness of music’s impact on both physical and mental health.

According to the Growth Market Reports study, music therapy has been proven in medical settings to improve health such as in mood enhancement, stress reduction, and self-expression.

The major benefits fall under all categories including physical, psychological, emotional, spiritual, social, and cognitive aspects.

To learn more about music therapy, check out the video below:

Featured image credit Amp Ur Room.org