July 2024
Mental Health Apps Market (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) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033
The global mental health apps market size was USD 6.12 billion in 2023, accounted for USD 7.23 billion in 2024, and is expected to reach around USD 32.05 billion by 2033, expanding at a CAGR of 18% from 2024 to 2033.
The U.S. mental health apps market size was estimated at USD 1.64 billion in 2023 and is predicted to be worth around USD 9.05 billion by 2033, at a CAGR of 18.6% from 2024 to 2033.
The North America to be the highest region with enhance market revenue share of about 38.14% and increase the annual compound growth of mental health market during the forecast period. Due to rapid acceptance of the smart mobiles, increased connectivity, increase research and development in the mental health apps and increased investment from the key market players involved due to rise in response from the individuals to easy access to the app and better performance of the app. Developed by the medical professionals with increased solutions and technology. Asia Pacific region also to rise the market of mental health app due to increased acceptance, mobiles phones, connectivity, developed features enhance the market of mental health app. Other regions include Europe, Middle East and Africa, Latin America and rest of the world.
Market Overview
Rising market of the mental health app increased digitalisation across the regions with increased demands and new technologies developed for health identification. With increasing benefits from the consumers with improved good output, with better results with self-accessing the health condition. Awareness increased among people regarding mental health apps. With a significant growth in the market with increased developments from the market.
Improving lifestyle and increased urbanization with developing nation with increased connectivity have enhance the market rate of mental health app. Increased connection between high connectivity and the mental health app launched by the numerous sociologists, psychologists, anthropologists and many more medical professionals. Increased internet connectivity with wide usage of applications of mental health app enhance the market value size predominantly. Increased digital addiction in various sectors additionally in mental health app with increased treatments and solutions improved technology increasing the mental health app market to grow.
Impact of covid -19 across the regions with increased rules and regulations imposed by the government due to wide spread of virus led to increase of downloading the mental health apps with increased solutions on mental problems such as anxiety, depression and stress. Increased mental health solutions with easy access through smart phones utilizing the connectivity. The post pandemic situation with increased growth of utilizing mental health app with enhanced benefits with decreased stress, anxiety and controlling the depression and stress management issues digitally. Which propels the market size to fuel the market growth with rising problems due to increasing populations and increased enhance the mental health app during the forecast period.
Mental health app market with increased growth due toan increase in demand from the market for the mental health apps with significant results obtained from the mental health app have enhanced the market growth. With improved benefits such as with increased awareness regarding the mental health app with improved management of stress app, management of anxiety app, and depression management app with the Campaign Against Living Miserably. Which enhances the lifestyle with increased applications with developed technology across the region with good response from the consumers increased the market to grow.
Increased penetration and adoption of new technologies developed with enhanced continuous research and development across the region with increase effectivity, good performance, reduced stress, good response. Which fuels the market of mental health app market to grow during the forecast period. The key market players involved in introducing the new developments and technology in mental health app with increased investment from the market players with increased connectivity with higher speed internet connection for better results with increased acquiring of the smart phones increased digitalization helps to boost the mental health app market to grow during the forecast period. Improved applications of therapies with increased help management, chat over the app, increased behaviour therapy, tracking the individual’s mood, post stress management, increased talking with medical therapist, increased guidance have enhanced the downloading of the mental health apps which enlarges the market growth.
The outbreak of covid-19 largely impacted the positive market growth with increased demands from the consumer for improving the mental health, with increased benefits from the mental health helps with solutions and technologies such as meditation with good response. Increased digitalization with utilization of smart phones with increased connectivity and increased solutions helps to explore the market size with increased revenue share.
Report Coverage | Details |
Market Size in 2023 | USD 6.12 Billion |
Market Size in 2024 | USD 7.23 Billion |
Market Size by 2033 | USD 32.05 Billion |
Growth Rate from 2024 to 2033 | CAGR of 18% |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | Platform Type, Application, and Subscription |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Based on platform type, iOS to be the platform having highest market with increased revenue share due to high utilization of iOS from the customer increased adoption. Increasing the market of iOS in mental health care during the forecast period.
Android also to increase the market growth due to increased utilization of android smart phones due to reduced cost of the android smart mobiles in the market have enhance the market of mental health app for easy access of the application over mobiles. Which significantly increase the market of mental health app during the forecast period.
Based on application, the depression and anxiety management segment dominated the market with highest revenue share in 2023. In mental health app with wide application and managing the health conditions utilizing the mental health app increased access anywhere with high connectivity increasing stress due to numerous problems taking place have increased the market with increased revenue share and enhance the demand for the mental health app from the customers due to increased benefits and easy access to the mental health app through connectivity over the smart phones. Management of the stress is largest growing segment in the market with increased stress issues among the people and adopting the solutions easily available and accessible at low cost with developed technology and increased solutions have enhance the market due to these factors which helps to boost the mental health app market with increased demands from the consumers.
Increased subscription of the mental health apps with anonymously can get the guidance and easy management of the disorders with easy access of the smart phones through required connectivity. Medical experts provide the proper therapies and solution over the disorder and increased health of the individuals. Subscription is must for the access of mental health app can be available in various packages mostly monthly and yearly and enhance benefits.
Recent Developments
Segments Covered in the Report
By Platform Type
By Application
By Subscription
By Geography
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