Global Mental Health Apps Market
Global Mental Health Apps was valued at US$ 3.66 Billion in 2021, estimated to reach US$ 12.89 Billion in 2027, with a CAGR 16.33% from 2022-2027.
Mental Health apps are designed to the treatment of certain mental illnesses. Mental improvement apps are tailored to expand the psychological state of mentally healthy people & it can also be generalists devoted to anyone with mental health needs.
Market Drivers
Increasing adoption of mental health-based apps for reducing issues with respect to mental health is one of the key driving factors that boos the market growth.
Moreover, another key factors that enhancing the growth of mental health apps are the growing awareness of the importance of mental health, the surge in mental disorders, the increase in strategic initiatives undertaken by numerous companies within the mental healthcare industry.
Increased digital addiction in many sectors also in mental health app with augmented treatments and solutions improved technology growing the mental health app market to raise.
Market Restraints
Major factors hampering the market's growth are data privacy and research concerns.
Also, the factors possible to limit the growth to an extent during the forecast period are anosognosia amongst people in mental illness cases, and risk linked with data piracy.
Market Segmentation
Mental Health Apps Market is segmented into major 4 categories. Based on Platform Type, the market is divided into Android, iOS, Others. Based on Application, the market is segmented into Depression and Anxiety Management, Meditation Management, Stress Management, Wellness Management, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America is anticipated to hold a significant share in the global Mental Health Apps Market owing to growing investment for research and development process and acceptance of solutions in the region also adoption of smartphones, developments in coverage networks.
The Asia Pacific region is likely to register a growth during the forecast period because of the increasing demand for connected devices and the rising adoption of smartphones in the region. Moreover, many countries in the region are accepting digital health and mobile health technologies for ensuring better outcomes and managing healthcare delivery.
Market Key Players
Some of the key players operating in Global Mental Health Apps Market are ASK Chemicals, HA-International, Suzhou Xingye, Jinan Shengquan, Furtenback, Vesuvius, Euskatfund, IVP, F.lli Mazzon, Asahi Yukizai.
Industry development
In July 2020, CVS Health launched anxiety treatment app. It uses cognitive behavioral therapy techniques to combat anxiety and its point solutions management lineup. Both employer clients and CVS employees can access the app.
In August 2021, Headspace and on-demand mental healthcare app Ginger reported merging into a single company, called Headspace Health, to offer support for mental health symptoms ranging from anxiety to depression to more complex diagnoses and sell directly to consumers and employers.
In April 2022, Talkspace, a provider of virtual behavioral health services, launched Talkspace Self-Guided, a suite of offerings for employers designed to help executives, managers, and teams prioritize and build emotional intelligence (EQ) and mental wellness in and out of the workplace.
In February 2022, Noble, a new innovative, mental health-focused company, launched its new app, offering automated between-session support and therapist-created, research-backed content for clients.
Global Mental Health Apps Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Mental Health Apps Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Mental Health Apps Market, By Platform Type
5.1 Y-o-Y Growth Comparison, By Platform Type
5.2 Global Mental Health Apps Market Share Analysis, By Platform Type
5.3 Global Mental Health Apps Market Size and Forecast, By Platform Type
5.3.1 Android
5.3.2 iOS
5.3.3 Others
6 Global Mental Health Apps Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Mental Health Apps Market Share Analysis, By Application
6.3 Global Mental Health Apps Market Size and Forecast, By Application
6.3.1 Depression and Anxiety Management
6.3.2 Meditation Management
6.3.3 Stress Management
6.3.4 Wellness Management
6.3.5 Others
7 Global Mental Health Apps Market, By Region
7.1 Global Mental Health Apps Market Share Analysis, By Region
7.2 Global Mental Health Apps Market Share Analysis, By Region
7.3 Global Mental Health Apps Market Size and Forecast, By Region
8 North America Global Mental Health Apps Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Global Mental Health Apps Market Share Analysis, By Platform Type
8.3 North America Global Mental Health Apps Market Size and Forecast, By Application
8.4 North America Global Mental Health Apps Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Mental Health Apps Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Global Mental Health Apps Market Share Analysis, By Platform Type
9.3 Europe Global Mental Health Apps Market Size and Forecast, By Application
9.4 Europe Global Mental Health Apps Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Mental Health Apps Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Mental Health Apps Market Share Analysis, By Platform Type
10.3 Asia Pacific Global Mental Health Apps Market Size and Forecast, By Application
10.4 Asia Pacific Global Mental Health Apps Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Mental Health Apps Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Global Mental Health Apps Market Share Analysis, By Platform Type
11.3 Latin America Global Mental Health Apps Market Size and Forecast, By Application
11.4 Latin America Global Mental Health Apps Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Mental Health Apps Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Global Mental Health Apps Market Share Analysis, By Platform Type
12.3 Middle East Global Mental Health Apps Market Size and Forecast, By Application
12.4 Middle East Global Mental Health Apps Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 ASK Chemicals
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 HA-International
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Suzhou Xingye
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Jinan Shengquan
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Furtenback
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Vesuvius
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Euskatfund
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 IVP
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 F.lli Mazzon
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Asahi Yukizai
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies