Mental Health Application: Technologies and Global Markets

Report Code: HLC293A

Publish Date: Oct 2023

Publisher: BCC Publishing

Category: Health Maintenance

Download Report Overview

Single User License: $4650

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for mental health applications was valued at $2.5 billion in 2022. The market is estimated to grow from $3.0 billion in 2023 to $6.5 billion by 2028, at a compound annual growth rate (CAGR) of 16.6% from 2023 to 2028.

Report Includes

  • 20 data tables and 19 additional tables
  • An overview of the global market for mental health applications
  • Analyses of global market trends, with historical market revenue data (sales figures) from 2020 to 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
  • Estimate of the actual market size and revenue forecast for the mental health apps market in USD millions, and corresponding market share analysis based on product type, age group, app store, therapy technique, and region
  • Classifications and comparisons of the types of mental health apps, as well as their advantages and disadvantages
  • Insights into the current technologies as well as the effects new technologies will have on the market
  • Identification of challenges and discussion on how to overcome them to reach the market’s commercialization potential, as well as analysis of clinical trials and ESG trends
  • Information on recent mergers and acquisitions (M&A), collaborations, agreements, partnerships, product launches, relevant patents
  • Profiles of the major companies

Report Scope

The report covers mental health app industries, initiatives, patents and companies. It reviews the importance of mental health apps, the app development process and the regulatory settings. It then discusses some of the investments and clinical trials of mental health apps. The main forces that drive the market are also discussed.

The report examines the market by product type, age basis, technology basis, technique basis and region. Product type includes self-help apps, and disorder apps. Self-help apps are further categorized into meditation and mindfulness, journaling and others.

The specific regional markets discussed are North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

BCC Research also summarizes the main industry acquisitions and strategic alliances from January 2020 through December 2022, and the trends it sees in this activity.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $2.5 billion
Market size forecast $6.5 billion
Growth rate CAGR of 16.6% from 2023 to 2028
Units considered $ Millions
Segments covered By Product Type, Age Group, App Store, Therapy Technique, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Increasing Use of Smartphones
  • Rise in the Prevalence of Mental Illness
  • COVID Spike in Mental Disorders
  • Increased Funding for Mental Health Apps
Companies studied
CALM INC.CEREBRAL INC.
HEADSPACE INC.K HEALTH
MOOD MISSIONMOODTOOLS
REALRESILIENS INC.
SANVELLO HEALTH INC.TALKSPACE INC.
TELADOC HEALTH INC.TWILL INC.
U.S. DEPARTMENT OF VETERANS AFFAIRS (VA)WOEBOT HEALTH
WYSA LTD.YOUPER INC.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The mental health app market has been estimated at, $2.4 billion in the year 2022, it is projected to grow at a CAGR of 16.6% from 2023 to 2028 to reach, $6.5 billion.
The increasing prevalence of mental health disorders coupled with the limited number of psychiatrists available for treatment, is a major factor driving the market. Additionally, the various advantages of the mental health apps, such as accessibility, affordability and anonymity are also boosting the market growth.
The Mental health app Market is segmented on the basis of product type, age group, app store, therapy technique, and region.
Mental health disorder app segment will dominate the market by the end of 2028.
North America holds the highest share in the market.
Key companies in the market includes:
  • BetterHelp
  • Talkspace
  • Calm Inc.
  • Headspace
  • Moodfit
  • Sanvello

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Mental Health Application: Technologies and Global Markets115Free
Chapter- 1: Introduction8Free
Chapter- 2: Summary and Highlights4Free
Chapter- 3: Market Overview16Free
Chapter- 4: Market Dynamics12Free
Chapter- 5: Market Breakdown by Type6Free
Chapter- 6: Market Breakdown by App Store3Free
Chapter- 7: Market Breakdown by Age Group3Free
Chapter- 8: Market Breakdown by Therapeutic Technique2Free
Chapter- 9: Market Breakdown by Region12Free
Chapter- 10: ESG in the Tech Industry3Free
Chapter- 11: Emerging Technologies and Developments2Free
Chapter- 12: Clinical Trials and Patent Analysis9Free
Chapter- 13: Mergers and Acquisitions and Venture Funding Outlook18Free
Chapter- 14: Competitive Intelligence1Free
Chapter- 15: Company Profiles11Free
Chapter- 16: Appendix: Abbreviations5Free

Related Reports

Mindfulness Meditation Application: Global Market

Published - Jun 2023 | Publisher - BCC Publishing | Code - IFT278A

This report provides an overview of the global market for mindfulness meditation applications. It offers a comprehensive description of the market, including its potential, growth drivers, challenges, and opportunities. The market has been segmented on the basis of operating system, age group, end user, and region. Geographically, the market has been divided into North America, Europe, Asia-pacific (APAC), and Rest of the World. The global and regional markets were corroborated for the present and forecasted values based on statistical analysis.

AI in Mental Health: Global Market Outlook

Published - Dec 2022 | Publisher - BCC Publishing | Code - IFT263A

The report provides an overview of the global AI in mental health market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on organization size, component, provider, type, industry, and geography. It also highlights major trends and challenges that affect the market and the vendor landscape. 

Behavioral Health Software: Global Markets

Published - Mar 2021 | Publisher - BCC Publishing | Code - MDS041A

The goal of this report is to analyze the proven benefits and broad services for mental health through rapidly evolving behavioral health software market due to the increasing investment in this segment. This report includes market dynamics and a detailed market analysis by type of component, by function and by region. Components include software and support services, while the functions studied include clinical and administrative. The market analysis has also been provided by end users, including healthcare facilities, payers and patients. The report also provides detailed regional market analysis, with regions covered including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

Pharmaceutical Treatments for Mental Health Disorders: Global Markets

Published - Mar 2021 | Publisher - Dr. Cheryl Lee Barton | Code - PHM237A

The global market for drugs prescribed to treat mental health disorders should grow from $49.4 billion in 2020 to $62.6 billion by 2025 with a compound annual growth rate (CAGR) of 4.8% for the period of 2020-2025.

Recent Reports

Surgical Equipment: Technologies and Global Markets

Published - Dec 2024 | Publisher - BCC Publishing | Code - HLC154C

The global market for surgical equipment and technologies was valued at $37.6 billion in 2023. This market is expected to grow from $40.0 billion in 2024 to $56.6 billion by 2029, at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2029.

Conventional and Alternative Pain Treatment Markets

Published - Nov 2024 | Publisher - Partha Sarathi Das | Code - HLC266B

The global market for conventional and alternative pain treatment is expected to grow from $96.2 billion in 2024 and is projected to reach $144.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.4% during the forecast period of 2024 to 2029.

CRISPR Technology: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC258C

The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.

Chronic Disease Management: Therapeutics, Device Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC239C

The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.

Medical Devices: Technologies and Global Markets

Published - Oct 2024 | Publisher - Partha Sarathi Das | Code - HLC170F

The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Top Trending Reports

Single-use Technologies for Biopharmaceuticals: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO099F

The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.

Cell and Gene Therapy Tools, and Reagents: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO208C

The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.

Global Market Opportunities and Competitive Landscape for CDMO

Published - Nov 2024 | Publisher - BCC Publishing | Code - PHM238B

The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.

Chronic Disease Management: Therapeutics, Device Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC239C

The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.

Medical Devices Industry: Competitive Landscape

Published - Nov 2024 | Publisher - BCC Publishing | Code - MDS010C

The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Mental Health Application: Technologies and Global Markets
Sample Report