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Psychiatric Hospitals in Tennessee

Author.Name IBISWorld United States Last Updated: August 2025 NAICS TN62221

Psychiatric Hospitals in Tennessee industry analysis

The Psychiatric Hospitals industry in Tennessee is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Psychiatric Hospitals in Tennessee Market Research Report

What’s Included in the Psychiatric Hospitals in Tennessee Market Research Report

Definition of the Psychiatric Hospitals in Tennessee?

The Psychiatric Hospitals industry comprises facilities licensed to offer diagnostic, medical treatment, and monitoring services for inpatients with mental illness or substance use disorders. These establishments provide inpatient beds and are staffed by physicians.

What’s included in the Psychiatric Hospitals in Tennessee?

The Psychiatric Hospitals in Tennessee includes patient care for mental disorders, acute long-term care services, assisted living services and assisted daily living for medical rehabilitation. Related terms covered in the Psychiatric Hospitals in Tennessee industry report includes the public or private organization that is responsible for payment of healthcare expenses, a seal of excellence that signifies a healthcare program has demonstrated quality, value and optimal service outcomes, an encompassing term including assessment and treatment of mental or psychoactive substance abuse disorders, a method of treatment that focuses on the interpersonal services offered to an individual through a system of community support, a professional who has completed both medical school and training in psychiatry and is a specialist in diagnosing and treating mental illness, an equivalence, or parity, in insurance coverage of mental and physical illnesses and an independent or autonomous facility that is not associated with another hospital or organization.

Industry Performance of the Psychiatric Hospitals industry in Tennessee

Benchmark the Psychiatric Hospitals in Tennessee industry performance with all TN county and national performance.

Psychiatric Hospitals in Tennessee

#19 in Highest Revenue 1.8% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Psychiatric Hospitals in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Psychiatric Hospitals industry in Tennessee

See how key industry drivers, such as unemployment rate, house price index, per capita disposable income, federal funding for medicare and medicaid, number of people with private health insurance and per capita disposable income are impacting Psychiatric Hospitals in Tennessee

Tennessee Economic Indicators

Unemployment Rate
House Price Index
Per Capita Disposable Income

View more economic information in TN State Economic profile

US Key External Drivers

Federal funding for Medicare and Medicaid
Number of people with private health insurance
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Psychiatric Hospitals industry in Tennessee

Access proprietary data on county in the Psychiatric Hospitals in Tennessee, such as Davidson County, Shelby County and Knox County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Psychiatric Hospitals industry in Tennessee

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Psychiatric Hospitals industry in Tennessee in 2025?

The market size of the Psychiatric Hospitals industry in Tennessee is $652.0m in 2025.

How many businesses are there in the Psychiatric Hospitals industry in Tennessee in 2025?

There are 23 businesses in the Psychiatric Hospitals industry in Tennessee, which has been growing at an average annual rate of 3.9% from 2020 to 2025.

Has the Psychiatric Hospitals industry in Tennessee grown or declined over the past 5 years?

The market size of the Psychiatric Hospitals industry in Tennessee has been growing at an average annual rate of 1.3% from 2020 to 2025.

How many employees in the Psychiatric Hospitals industry in Tennessee in 2025?

There are 4,821 employees in the Psychiatric Hospitals industry in Tennessee, which has been declining at an average annual rate of -0.1% from 2020 to 2025.