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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.
Report Attribute | Details |
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Base Year: | 2023 |
Mental Health Apps Market Size in 2023: | USD 6.1 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 17.9% |
2032 Value Projection: | USD 26.5 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 110 |
Tables, Charts & Figures: | 149 |
Segments covered: | Platform Type, Revenue Model, Application, End-use and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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