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Telepsychiatry Market Trends

  • Report ID: GMI10498
  • Published Date: Jul 2024
  • Report Format: PDF

Telepsychiatry Market Trends

The telepsychiatry market is experiencing several notable trends that are shaping its growth and development. Factors such as increased adoption of digital health technologies, growing demand for integrated primary care settings,  and rising focus on behavioral health integration, among other factors are propelling the industry growth.
 

  • Primary care settings and collaborative care models are increasingly using telepsychiatry. This allows primary care doctors to consult with psychiatrists in real-time, providing better care for patients with mental health needs. Collaborative care models, which involve different healthcare providers working together, benefit from the easy access telepsychiatry offers.
     
  • Further, there is a growing recognition of the importance of integrating behavioral health into general healthcare. Telepsychiatry is being used to address behavioral health issues within various healthcare settings, including hospitals, schools, and correctional facilities. This trend is driven by understanding that mental health is a crucial component of overall health and well-being, thereby aforementioned factors are expected to drive the market.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global telepsychiatry market was valued at USD 9.9 billion in 2023 and is expected to exhibit

The in-home telepsychiatry industry generated USD 4.5 billion in 2023 and will grow rapidly through 2032, as it eliminates the need for patients to travel to a physical location for their appointments.

North America telepsychiatry market is anticipated to grow at 16.6% CAGR between 2024 and 2032, owing to mental health issues like anxiety, depression, and substance abuse.

Encounter Telehealth, Epsychiatry Pty. Ltd, innovate, Iris Telehealth Inc, MDLIVE Inc, Psyclarity Health, SOL Mental Health, and Telemynd among others.

Telepsychiatry Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 120
  • Countries covered: 23
  • Pages: 100
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