PUBLISHER: BCC Research | PRODUCT CODE: 1354727
PUBLISHER: BCC Research | PRODUCT CODE: 1354727
The global market for mental health applications was valued at $2.5 billion in 2022. The market is estimated to grow from $3.0 billion in 2023 to $6.5 billion by 2028, at a compound annual growth rate (CAGR) of 16.6% from 2023 to 2028.
The global market for mental health disorder apps is estimated to grow from $1.9 billion in 2023 to $4.3 billion by 2028, at a CAGR of 17.9% from 2023 to 2028.
The global market for mental health self-improvement apps is estimated to grow from $1.1 billion in 2023 to $2.2 billion by 2028, at a CAGR of 14.3% from 2023 to 2028.
The report covers mental health app industries, initiatives, patents and companies. It reviews the importance of mental health apps, the app development process and the regulatory settings. It then discusses some of the investments and clinical trials of mental health apps. The main forces that drive the market are also discussed.
The report examines the market by product type, age basis, technology basis, technique basis and region. Product type includes self-help apps, and disorder apps. Self-help apps are further categorized into meditation and mindfulness, journaling and others.
The specific regional markets discussed are North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
BCC Research also summarizes the main industry acquisitions and strategic alliances from January 2020 through December 2022, and the trends it sees in this activity.