In 2023, hospital discharges for mood disorders in Canada stood at 54.81 thousand. The forecasted data from 2024 to 2028 show a steady decline. Year-on-year, the variations show a consistent downward trend: a -0.27% decrease from 2024 to 2025, another -0.27% from 2025 to 2026, -0.28% from 2026 to 2027, and -0.26% from 2027 to 2028. The compound annual growth rate (CAGR) over the last five years is -0.27%.
Future trends to watch for:
- The impact of mental health policies and programs aimed at early intervention and outpatient treatments.
- Advancements in telehealth services that could shift the burden away from hospitals.
- Ongoing societal factors, such as economic conditions and public health crises, which could either mitigate or exacerbate mood disorders.
