Mental Health Apps Market - By Platform Type (iOS, Android), By Revenue Model (Free Apps, Subscription-based), By Application (Depression and Anxiety Management, Meditation Management, Stress Management, Wellness Management), By End Use & Forecast, 2024 – 2032
Report ID: GMI9407
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Published Date: May 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 11
Tables & Figures: 149
Countries covered: 23
Pages: 110
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Mental Health Apps Market Size
Mental Health Apps Market size was valued at around USD 6.1 billion in 2023 and is estimated to grow at 17.9% CAGR from 2024 to 2032. Rising mental health disorders, increasing awareness and acceptance rate, and growing adoption of virtual therapy for mental health are among the key factors fueling the market growth.
Government across the world are taking potential steps to limit the target population to mental health disorders. For instance, the World Health Organization (WHO) has set up a Mental health action plan 2013–2030 that focuses on providing appropriate intervention for people suffering with various mental disorders including depression.
Further, mental health apps provide users with tools and resources to proactively manage their mental health, prevent the onset of mental health conditions, and maintain overall well-being, thereby propelling industry growth. Additionally, many organizations are implementing corporate wellness programs to support the mental health and well-being of their employees. Mental health apps are being integrated into these programs as a cost-effective and scalable way to provide employees with access to mental health resources, stress management tools, and support services.
Mental health apps are software applications designed to provide support, resources, and tools for managing mental health and well-being. These apps can offer a wide range of features and functionalities aimed at helping users cope with stress, anxiety, depression, and other mental health conditions. Mental health apps can be accessed via smartphones, tablets, computers, wearable devices, and other digital platforms.
Mental Health Apps Market Trends
Modern lifestyles are characterized by various stressors, including work pressures, social media, financial worries, and lifestyle changes. These stressors contribute to the development or exacerbation of mental health conditions.
Mental Health Apps Market Analysis
Based on platform type, the mental health apps industry is categorized into iOS, Android, and other platform type. The Android segment is anticipated to witness fastest growth with a CAGR of 19.1% over the forecast timeline.
Based on revenue model, the mental health apps market is categorized into free apps and subscription-based. The free apps segment dominated the market, accounting for over 74% market share in 2023.
Based on application, the mental health apps industry is categorized into depression and anxiety management, meditation management, stress management, wellness management, and other applications. The depression and anxiety management segment dominated the market and was valued at USD 1.8 billion in 2023.
Based on end-use, the mental health apps market is categorized into home care settings, mental hospitals, and other end-users. The home care settings segment dominated the market, with a revenue of around USD 3.7 billion in 2023.
North America mental health apps market accounted for USD 3.5 billion revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.
U.S. market held a dominant position with the market revenue of USD 3.3 billion in 2023.
Germany mental health apps market is expected to grow significantly during the forecast period.
China industry is anticipated to witness a high growth rate from 2024-2032, due to several factors.
Mental Health Apps Market Share
Key players recognize the importance of personalization in mental health apps and strive to offer tailored experiences that meet the individual needs and preferences of users. Integration with wearable devices and health platforms allows users to track relevant health metrics, such as sleep patterns, activity levels, and stress levels, and receive personalized recommendations and feedback based on this data.
Mental Health Apps Market Companies
Some of the eminent market participants operating in the mental health apps industry include:
Mental Health Apps Industry News:
Mental health apps market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032 for the following segments:
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Market, By Platform Type
By Revenue Model
By Application
By End-use
The above information is provided for the following regions and countries: