openPR Logo
Press release

Mental Health Apps Market: Research Report Overview by Industry Size, Share, Trends, Growth & Leading Players (2021-2027)

05-18-2021 06:42 PM CET | Health & Medicine

Press release from: UnivDatos Market Insights (UMI)

Mental Health Apps Market

Mental Health Apps Market

Research report presented by UnivDatos, Emphasis on Operating Systems (Android, iOS and Others); Payment Mode (Free Apps, Paid Apps); Subscription Model (Monthly, Yearly); Applications (Mental Disorder Apps, Substance-Use Disorder Apps, Co-Occurring Disorder Apps, Others) and Geographical analysis (key regions and countries).

As per the research report, Mental Health Apps Market is expected to grow at a CAGR of 20.5% from 2021-2027 to reach US$ 3.3 billion by 2027. Mental Health Apps is the distribution of mental healthcare facilities, in the form of computer applications. Mental Illness is a common condition throughout the world and especially in the United States. Statistics say 51.5 million individuals in the United States were affected by mental illness like anxiety, schizophrenia, major depression, etc. and 43.6% of the population received treatment of mental illness in the year. As the number of patients suffering from mental illnesses increases, the need for quicker healthcare is required. To address this issue, digital healthcare tools have the potential to scale up the treatment and at a decreased cost. There are currently over 300,000 health applications in the mobile app stores worldwide, with the mental health segment accounting for the largest growth in the market.

For complete research, request for Sample of the report browse through – https://univdatos.com/request_form/form/377

The covid-19 pandemic has suddenly boosted the digital markets, all activities need to be digitalized to reach the masses. The top 20 mental wellness apps in the U.S. hit 4 million first-time downloads in April 2020. That is a 29% increase from 3.1 million in January. In fact, during the pandemic, many coronavirus health apps were made mandatory by the government. The Indian Covid-19 tracker government app had 127.6 million total downloads in July from both iTunes and Play Store of which 80.8 million downloads were in April itself.

CVS Health, Aurora Health Care, Calm, Addicaid, Headspace Inc., NOCD Inc., Happify Inc., 7 cups of Tea, Sanvello, Talkspace Network are some of the prominent players operating in the Mental Health Apps market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.

For a detailed analysis of the COVID-19 Impact on Mental Health Apps Market browse through - https://univdatos.com/report/mental-health-apps-market-current-analysis-and-forecast-2021-2027

Insights Presented in the Report

“Amongst Operating Systems, iOS holds the major share.”

Based on Operating Systems, the market is segmented into Android, iOS and Others. The iOS market was seen to contain a higher number of apps as compared to the Android market in 2019. There are about 100 new healthcare apps added to the Appstore's every year. However, over the years the addition of new apps has increased in Android as compared to iOS. As the number of Healthcare apps is continuously increasing this is bound to change.

“Amongst Payment Mode, Paid Apps is anticipated to grow at the highest CAGR during the analyzed period.”

Based on Payment Mode, the market is fragmented into Free Apps and Paid Apps. As the number of Apps in the Appstore increase for mental healthcare, the category’s popularity is also increasing tremendously. With the popularity increase, the number of paid apps is also increasing as people are more willing to pay now than earlier. Overall, the number of paid and free apps in the Appstore is almost the same.

For a detailed analysis of the Applications of Mental Health Apps Market browse through - https://univdatos.com/report/mental-health-apps-market-current-analysis-and-forecast-2021-2027

“Amongst Application, Mental Disorder Apps segment holds the major share”

Based on Applications, the market is fragmented into Mental Disorder Apps, Substance-Use Disorder Apps, Co-Occurring Disorder Apps, and Others. The Mental Disorder Apps segment generated revenue of USD XX million in 2020. The market is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX million by 2027F. Depression and Anxiety are the most common mental health disorders in both men and women. Substance-Use disorders are more common in men than women and thus are more likely to use those apps.

“Amongst Subscription Model, the Monthly Apps holds the major share.”

Based on Subscription Model, the market is fragmented into Monthly and Yearly. The yearly subscription model revenue of USD XX million in 2020. The market is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX million by 2027F. For many years there have been a variety of apps in the Mental Health Market. However, only in the past decade, there has been rapid revolutionizing progress and acceptance of these apps by consumers. This is causing a boom in the market especially now that medical companies are starting to reimburse on the paid apps.

“North America signifies one of the largest markets in Mental Health Apps Market”

For a better understanding of the market dynamics of the Mental Health Apps market, a detailed analysis was conducted for different regions across the globe including North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), Rest of World. North America dominated the market and generated maximum revenue in 2020 owing to the increasing mental health apps usage in the region.

Customization Options:

Mental Health Apps Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Contact us:
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
Web: https://univdatos.com
Ph: +91 7838604911

About Us:
UnivDatos Market Insights (UMI), is a passionate market research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and primary research on the market is our USP, hence information presented in our reports is based on facts and realistic assumptions. We have worked with 200+ global clients, including some of the fortune 500 companies. Our clientele praises us for quality of insights, In-depth analysis, custom research abilities and detailed market segmentation.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mental Health Apps Market: Research Report Overview by Industry Size, Share, Trends, Growth & Leading Players (2021-2027) here

News-ID: 2286206 • Views: 1204

More Releases from UnivDatos Market Insights (UMI)

Healthcare Consulting Services Market Size, Share, Growth 2021-2027 | Cognizant, …
A comprehensive overview of the healthcare consulting services market is recently added by UnivDatos Market Insights to its humongous database. The healthcare consulting services market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Healthcare Consulting Services market. The healthcare consulting services market report offers a
Greenhouse Film Market Size, Share, Growth, Trend 2021-2027 | Key Players Are Gi …
A comprehensive overview of the global Greenhouse Film market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Greenhouse Film market globally. This report offers a detailed analysis of the latest industry developments and
Active Pharmaceutical Ingredient Market - Comprehensive Insights by Demand Statu …
Global active pharmaceutical ingredient market is expected to witness a CAGR of around 6% during the forecast period. The active pharmaceutical ingredient (API) is the part of any drug that produces the intended effects. Some drugs have multiple active pharmaceutical ingredients. The rising prevalence of the various diseases coupled with the COVID-19 pandemic is expected to drive the market for active pharmaceutical ingredients. Furthermore, the surging investments in research and
Automotive Data Logger Market: Research Strategies with Share Analysis, Top Key …
Modern car data loggers are more expensive than traditional OBD-I systems. However, data loggers that simply support CAN and LIN channels are less expensive than those that handle all of the major channels (CAN, LIN, FlexRay, and Ethernet). This is also dependent on the amount of analog and digital inputs that data loggers can accommodate. OEMs are always pressuring data logger vendors to reduce device pricing while preserving device quality.

All 5 Releases


More Releases for Apps

Apps Stacker Launch
MobileUX Technologies, Inc today announces the launch of the new and innovative Apps Stacker application, which will simplify the way users organize their android devices and their digital lives. Apps Stacker allows users to arrange their apps into customizable Stacks while introducing unique automation solutions, leveraging both geolocation and machine learning. Since lockdown, mobile users have become even more dependent on their devices, not just for fun but to stay in
AppMomos - Building Apps With Passion
AppMomos is one of the leading mobile app development company India .We have been developed best apps which are top downloaded in the App stores. We are able to adapt in building different mobile apps with advanced technologies which best suite your desire goals. Our Company is already stamped to providing successful services in mobile app platforms like iPhone, Android, Blackberry and iPad. Our Company goal is to always deliver
Mobile apps development comapny
Yapps is a division of Udeels Technologies has a mobile application platform provides cloud based ecommerce, business app solutions, customer/sales centric and web solutions. The company is emerging as a top-notch in ecommerce and Business App solutions space by offering comprehensive and easy to use solutions in developing branding, taking the business to online, promoting and day to day and minute to minute transactions to customers. Mission Our mission is to provide
Global Wearable Apps Market 2017 (Types - Fitness apps Industrial apps, Online t …
This report studies the Global Wearable Apps Market 2017, analyzes and researches the Wearable Apps development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Apple Fitbit Google Samsung Electronics Appster DMI Fuzz Productions Intellectsoft Intersog LeewayHertz PointClear Solutions Redmadrobot Sourcebits Touch Instinct Worry Free Labs View Full Report at: http://globalqyresearch.com/global-wearable-apps-market-size-status-and-forecast-2022 Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by Type, Wearable Apps can be split into Fitness apps Industrial apps Online transaction
Business Apps Canada Announces Innovative Business Ideas with Mobile Apps
London, Ontario, January: Gaining success in the business is everything that a business owner always looks for. Be it a startup or a well-established enterprise, the quest for attaining success makes every business owner take some decisions at any point in time. The growing impact of online business is one such factor that compels the businessmen to keep on thinking and adding more to their business to survive and to
Google Apps for efficient companies
BITSoftware, GoogleApps Authorized Partner for Romania, together with Google, organizes on Friday, October 14, 2011, in Bucharest, an event dedicated to Google Enterprise Solutions. At this event, Romanian companies managers will learn how to reduce IT costs and help employees collaborate more effectively, by using Google`s communication and collaboration applications. Przemek Sienkiewicz, Head of Google Enterprise CEE, Russia & CIS, will explain what Cloud Computing means to business environment, and Remus