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 |
|
||||||||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- 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.
Related Reports
Mindfulness Meditation Application: Global Market
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
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
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
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
Medical Magnetic Resonance Imaging (MRI): Technologies and Global Markets
The global market for medical magnetic resonance imaging (MRI) is expected to grow from $7.2 billion in 2023 and projected to reach $9.8 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2023 to 2028.
Global Markets for Emerging Insulin Drug and Delivery Technologies: Focus on Syringes and Vials
The global market for emerging insulin drug delivery devices is expected to grow from $55.8 billion in 2023 and projected to reach $88.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 9.8% from 2023 through 2028.
Global Cleanroom Technology Market
The global market for cleanroom products is expected to grow from $7.5 billion in 2023 to $10.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.6% from 2023 through 2028.
Ophthalmic Devices, Diagnostics and Surgical Equipment: Global Markets
The global market for ophthalmic devices, diagnostics and surgical equipment is expected to grow from $32.5 billion in 2023 and forecast to reach $44.0 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2028.
Microelectromechanical Systems (MEMS) in Global Medical Markets
The global market for microelectromechanical systems (MEMS) devices in medical applications is estimated to increase from $4.8 billion in 2023 to reach $7.2 billion by 2028, at a compound annual growth rate (CAGR) of 8.5% from 2023 through 2028.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
ESG Trends in Chemical Industry
This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the chemical industry.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Non-Fungible Tokens (NFT): Global Market
The global NFTs market should reach $37.6 billion by 2022 and $125.6 billion by 2027, with a compound annual growth rate (CAGR) of 27.3% during the forecast period of 2022-2027.
AI in Mental Health: Global Market Outlook
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.
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 MoreCustom 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 NowScorecard
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 MoreInnovation 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