PUBLISHER: IMARC | PRODUCT CODE: 1298775
PUBLISHER: IMARC | PRODUCT CODE: 1298775
Emerging Mental Health Devices and Platforms Market by Type (Platforms, Devices), Application (Stress, Anxiety, Depression, Bipolar Disorder, and Others), and Region 2023-2028
The global emerging mental health devices and platforms market size reached US$ 3.02 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.44 Billion by 2028, exhibiting a growth rate (CAGR) of 24.35% during 2023-2028. The increasing prevalence of numerous mental health disorders, the growing awareness regarding mental health and its impact on overall well-being, and the incorporation of advanced technologies in mental health devices and platforms for personalized interventions represent some of the key factors driving the market.
Emerging mental health devices and platforms are healthcare solutions that provide accessible and personalized mental health care solutions using various technologies, such as sensors, wearables, and mobile apps. These systems leverage data analytics, machine learning, and real-time monitoring to improve diagnosis accuracy and curate treatment plans. They also offer cost-effective and convenient treatment options for numerous mental disorders and provide virtual assistance and online consultations to patients in need of mental support. Additionally, they collect information and assess the mental health status of an individual, which provides early detection and intervention to prevent mental health crises. Additionally, these technologies can assist healthcare providers in providing remote care and teletherapy to improve access to mental health care for underserved populations. Some of the advantages of emerging mental health devices and platforms include personalized and confidential mental health care solutions that can prevent mental health crises and reduce the need for expensive in-person appointments. As a result, they are extensively utilized in anxiety and stress management, depression treatment, and addiction recovery applications.
Emerging Mental Health Devices and Platforms Market Trends:
The global market is primarily driven by the increasing prevalence of numerous mental health disorders, such as depression, anxiety, and post-traumatic stress disorder (PTSD). This can be attributed to the hectic lifestyle of the masses along with the rising levels of stress. In line with this, the growing awareness regarding mental health and its impact on overall well-being is propelling the demand for accessible, affordable and convenient mental health solutions, which, in turn, is driving the market. Moreover, the incorporation of advanced technologies such as artificial intelligence (AI), machine learning (ML), and virtual reality (VR) in mental health devices and platforms for personalized interventions is impacting the market positively. The increasing adoption of telemedicine services for facilitating remote access to mental health services is also acting as a significant growth-inducing factor for the market. The market is further driven by the considerable rise in investments in mental health initiatives and programs by government bodies and private agencies of multiple countries. Apart from this, the increasing number of mental health startups is creating a positive outlook for the market. Furthermore, the integration of mental health devices and platforms with healthcare systems along with the introduction of new overall healthcare plans that incorporate mental health is fueling the market. Some of the other factors contributing to the market include reduced stigma for mental health, rapid urbanization, considerable growth in workplace mental health initiatives, and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global emerging mental health devices and platforms market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on type and application.
Type Insights:
Platforms
Devices
EEG and ECG head bands
Wearable Trackers
Others
The report has provided a detailed breakup and analysis of the emerging mental health devices and platforms market based on the type. This includes platforms and devices (EEG and ECG head bands, wearable trackers, and others). According to the report, platforms represented the largest segment.
Application Insights:
Stress
Anxiety
Depression
Bipolar Disorder
Others
A detailed breakup and analysis of the emerging mental health devices and platforms market based on the application has also been provided in the report. This includes stress, anxiety, depression, bipolar disorder, and others. According to the report, depression accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for emerging mental health devices and platforms. Some of the factors driving the North America emerging mental health devices and platforms market included continual technological advancements, rising demand for personalized mental health interventions, high healthcare expenditure, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global emerging mental health devices and platforms market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include AbleTo Inc., Amelia Virtual Care, Clarigent Corporation, Electromedical Products International Inc, Feel Therapeutics, Flow Neuroscience, Happify Inc., Headspace Inc., Pear Therapeutics, Inc., Quartet Health Inc., Talkspace Inc., Teladoc Health Inc., Woebot Labs, Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global emerging mental health devices and platforms market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global emerging mental health devices and platforms market?
- What is the impact of each driver, restraint, and opportunity on the global emerging mental health devices and platforms market?
- What are the key regional markets?
- Which countries represent the most attractive emerging mental health devices and platforms market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the emerging mental health devices and platforms market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the emerging mental health devices and platforms market?
- What is the competitive structure of the global emerging mental health devices and platforms market?
- Who are the key players/companies in the global emerging mental health devices and platforms market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Emerging Mental Health Devices and Platforms Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Platforms
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Devices
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 EEG and ECG head bands
- 6.2.2.2 Wearable Trackers
- 6.2.2.3 Others
- 6.2.3 Market Forecast
7 Market Breakup by Application
- 7.1 Stress
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Anxiety
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Depression
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Bipolar Disorder
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 AbleTo Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Amelia Virtual Care
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Clarigent Corporation
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Electromedical Products International Inc
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Feel Therapeutics
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Flow Neuroscience
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Happify Inc.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Headspace Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Pear Therapeutics, Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Quartet Health Inc.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 Talkspace Inc.
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.12 Teladoc Health Inc.
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.13 Woebot Labs, Inc.
- 13.3.13.1 Company Overview
- 13.3.13.2 Product Portfolio
- 13.3.1 AbleTo Inc.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Emerging Mental Health Devices and Platforms Market: Major Drivers and Challenges
- Figure 2: Global: Emerging Mental Health Devices and Platforms Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Emerging Mental Health Devices and Platforms Market: Breakup by Type (in %), 2022
- Figure 5: Global: Emerging Mental Health Devices and Platforms Market: Breakup by Application (in %), 2022
- Figure 6: Global: Emerging Mental Health Devices and Platforms Market: Breakup by Region (in %), 2022
- Figure 7: Global: Emerging Mental Health Devices and Platforms (Platforms) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Emerging Mental Health Devices and Platforms (Platforms) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Emerging Mental Health Devices and Platforms (Devices) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Emerging Mental Health Devices and Platforms (Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Emerging Mental Health Devices and Platforms (Stress) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Emerging Mental Health Devices and Platforms (Stress) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Emerging Mental Health Devices and Platforms (Anxiety) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Emerging Mental Health Devices and Platforms (Anxiety) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Emerging Mental Health Devices and Platforms (Depression) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Emerging Mental Health Devices and Platforms (Depression) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Emerging Mental Health Devices and Platforms (Bipolar Disorder) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Emerging Mental Health Devices and Platforms (Bipolar Disorder) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Emerging Mental Health Devices and Platforms (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Emerging Mental Health Devices and Platforms (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: North America: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: North America: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: United States: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: United States: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Canada: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Canada: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Asia-Pacific: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Asia-Pacific: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: China: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: China: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Japan: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Japan: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: India: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: India: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: South Korea: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: South Korea: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Australia: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Australia: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Indonesia: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Indonesia: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Others: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Others: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Europe: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Europe: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Germany: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Germany: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: France: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: France: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: United Kingdom: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: United Kingdom: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Italy: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Italy: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Spain: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Spain: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Russia: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Russia: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Others: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Others: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Latin America: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Latin America: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Brazil: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Brazil: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Mexico: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Mexico: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Others: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Others: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Middle East and Africa: Emerging Mental Health Devices and Platforms Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Middle East and Africa: Emerging Mental Health Devices and Platforms Market: Breakup by Country (in %), 2022
- Figure 69: Middle East and Africa: Emerging Mental Health Devices and Platforms Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Global: Emerging Mental Health Devices and Platforms Industry: Drivers, Restraints, and Opportunities
- Figure 71: Global: Emerging Mental Health Devices and Platforms Industry: Value Chain Analysis
- Figure 72: Global: Emerging Mental Health Devices and Platforms Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Emerging Mental Health Devices and Platforms Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Emerging Mental Health Devices and Platforms Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Emerging Mental Health Devices and Platforms Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Emerging Mental Health Devices and Platforms Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Emerging Mental Health Devices and Platforms Market: Competitive Structure
- Table 6: Global: Emerging Mental Health Devices and Platforms Market: Key Players
