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Mental Health Apps Market Sales to Grow US$ 19.6 Billion by 2030

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:

Mental Health Apps Market Size 2022 To 2030

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:

Market Segmentation

By Platform Type

By Application

By Subscription

Regional Segmentation

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:

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

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.

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