The global mental health apps market size accounted for US$ 4.4 billion in 2021 and is projected to reach around USD 19.6 billion by 2030, growing at a CAGR of 18.06% from 2022 to 2030.
Mental Health Apps Market Key Takeaway:
- By platform type, the iOS segment hit highest market share of around 46% in 2021. However, the android segment is growing at the fastest rate from 2022 to 2030.
- By application, the depression and anxiety management segment has held market share of around 26%. However, the stress management segment is expected to witness fastest growth over the forecast period.
- North America has held highest revenue share of about 37.4% in 2021.
- The Asia Pacific region is anticipated to grow at a fastest rate during the forecast period.
Report Summary
The global mental health apps market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the mental health apps market across the globe.
A comprehensive estimate on the mental health apps market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of mental health apps during the forecast period. Price point comparison by region with global average price is also considered in the study.
Mental Health Apps Market Scope
Report Coverage | Details |
Market Size in 2022 | USD 5.19 Billion |
Market Size by 2030 | USD 19.6 Billion |
Growth Rate from 2022 to 2030 | CAGR of 18.06% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Platform Type, Application, Subscription, and Geography |
Mental Health Apps Market Dynamics:
Drivers:
An Influx of Apps offering Virtual Therapy for Mental Health
Experts and business leaders have emphasized the value of mental health and well-being for workers in various businesses over the past century. Schools and institutes collaborate with software developers to assist students in managing stress while studying. Modern lifestyles and fast-paced lives have influenced the market’s rising need for virtual treatment.
Mobile phones have also improved the productivity of many professions and turned them into tools. Online treatment services have grown as a result of the rising frequency of mental health issues among generations. Moreover, increasing smartphone and internet penetration is fuelling the market growth. For instance, as per a 2021 report by Ericsson, the number of mobile subscriptions was more than 6 billion, which is expected to increase in the near future.
Shifting Trends from Traditional Methods of Care to Patient-Centric and Personalized Care
The adoption of mental health applications is aided by changing healthcare trends away from traditional treatment models and toward patient-centered and individualized care. Apps for managing one’s mental health, such as meditation, anxiety, depression, and well-being, help preserve one’s general health, encourage a healthier lifestyle, and lowering stress.
Additionally, the COVID-19 epidemic has caused a rise in the use of mental health applications worldwide. During the pandemic, lockdowns in many parts of the world, rising levels of loneliness, an unbalanced work and personal life, and burnouts all contributed to a rise in the use of mental health applications. This can also be explained by the increase in mental health app downloads throughout this time.
COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the manufacturing industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020.
Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries.
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized mental health apps market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Sulfuric Acid Market to Rise 8.46 Percent Every Year
Mental Health Apps Market Players
The report includes the profiles of key mental health apps market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are:
- Silver Cloud Health, Inc
- Happify, Inc
- Urban Massage Ltd
- Youper, Inc
- Flow Neuroscience AB
- Headspace, Inc
- Sanvello Health, Inc
- Mood Mission Pvt Ltd
- Calm.com, Inc
- Talkspace
- Ustwo Fampany ltd
- Aurora health care
- 7 cups of tea
- Addicaid
- NOCD Inc.
- Recovery record, Inc
- Mayo foundation for medical education and research
Market Segmentation
By Platform Type
- Android
- iOS
- Others
By Application
- Depression and Anxiety Management
- Meditation Management
- Stress Management
- Wellness Management
- Others
By Subscription
- Monthly subscription
- Yearly subscription
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Mental Health Apps Market
5.1. COVID-19 Landscape: Mental Health Apps Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Mental Health Apps Market, By Platform Type
8.1. Mental Health Apps Market, by Platform Type, 2022-2030
8.1.1 Android
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. iOS
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Mental Health Apps Market, By Application
9.1. Mental Health Apps Market, by Application, 2022-2030
9.1.1. Depression and Anxiety Management
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Meditation Management
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Meditation Management
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Wellness Management
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Mental Health Apps Market, By Subscription
10.1. Mental Health Apps Market, by Subscription, 2022-2030
10.1.1. Monthly subscription
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Yearly subscription
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Mental Health Apps Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.1.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.2.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.3.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Subscription (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Platform Type (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Subscription (2017-2030)
Chapter 12. Company Profiles
12.1. Silver Cloud Health, Inc
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Happify, Inc
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Urban Massage Ltd
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Youper, Inc
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Flow Neuroscience AB
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Headspace, Inc
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Sanvello Health, Inc
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Mood Mission Pvt Ltd
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Calm.com, Inc
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Talkspace
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
Download Access to a Free Copy of Our Latest Sample Report@ https://www.precedenceresearch.com/sample/2178
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com