PUBLISHER: TechNavio | PRODUCT CODE: 1788459
PUBLISHER: TechNavio | PRODUCT CODE: 1788459
The AI in mental health market is forecasted to grow by USD 3,134.3 mn during 2024-2029, accelerating at a CAGR of 30.9% during the forecast period. The report on the AI in mental health market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by widening mental healthcare gap and push for greater accessibility, rapid technological advancements in AI and machine learning, and increasing investment and maturation of supportive regulatory frameworks.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 26.1% |
CAGR | 30.9% |
Incremental Value | $3,134.3 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's AI in mental health market is segmented as below:
By Component
By Technology
By End-user
By Geographical Landscape
This study identifies the rise of hyper-personalization and precision mental healthcare as one of the prime reasons driving the AI in mental health market growth during the next few years. Also, strategic pivot from direct-to-consumer to enterprise models and integration of generative AI to enhance therapeutic alliance will lead to sizable demand in the market.
The report on the AI in mental health market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AI in mental health market vendors that include Bark Technologies Inc., BigHealth, BioBeats Group Ltd., Cognoa Inc., Infinit Care Inc., Kintsugi Mindful Wellness Inc., Lyra Health Inc., meQuilibrium Inc., Meru Health Inc., Mirror Mental Health LLC., NextGen Healthcare Inc., Quartet Health Inc., SilverCloud Health Ltd., Spring Health Inc., Syra Health Corp., TALKSPACE INC., Woebot Labs Inc., Wysa Inc., and Xunfei Healthcare Technology Co. Ltd.. Also, the AI in mental health market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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