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Analysis of Mental Health Apps Market by Types, Application and Region for Forecast Period 2021-2030

07-29-2021 02:22 PM CET | Health & Medicine

Press release from: Absolute Markets Insights

Mental Health Apps Market

Mental Health Apps Market

Informative data titled Mental Health Apps Market has recently been published by Absolute Markets Insights that provides an effective analysis of the businesses. The study explains an exploratory technique such as qualitative and quantitative analysis to discover the data of the target market. The report is inclusive of various effective strategies which have been mentioned, which helps for business growth and development.
The global mental health apps market is expected to gain a significant lift over the forecast period due to increasing awareness regarding the importance of mental health. Mental health defines how a person thinks, feels and behaves. Mental health app offers cognitive behavioural therapy interventions for mental disorders such as depression and anxiety. Through this app, individuals can conduct therapy sessions with authorised therapists. Nowadays, mental disorder is being considered as an important health condition, by the World Health Organization (WHO), hence, various mental health related campaigns and awareness campaigns are being held all across the globe.

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Another factor driving growth of the metal health apps market is the presence of social stigma in the societies related to visiting a psychiatrist for receiving mental health treatment. In some of the parts of society, still, mental health is considered as taboo, due to which, fear associated with mental health treatment has been prevailing. According to WHO statistics, one out of four people struggle with mental health issues and two-thirds of those affected do not seek help for their issues. Also, video call or audio call feature in the app is anticipated to propel the mental health apps market growth over the forecast period as the patient may feel the need of more personal interaction with the therapist.
Smart watches and screens have connectivity with meditation apps. Increasing use of smart watches and smart screens has become a new norm for monitoring mental health and well-being. This is expected to help growing adoption of mental health apps offering seamless internet of things (IOT) connectivity.

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The detailed research study provides qualitative and quantitative analysis of the global mental health apps market. The mental health apps market has been analyzed from present as well as future perspective. The supply side analysis covers the major market players and their regional & global presence as well as growth strategies. The geographical analysis emphasizes on each of the prominent countries across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Key Findings of the Report:
• In terms of revenue, the global mental health apps market is expected to reach US$ 3,918.40 million by 2030 owing to increasing levels of stress among societies due to addiction to different substances and lowering social interactions
• The market is poised to witness strong growth over the forecast period owing to awareness created by World Health Organization (WHO) and various governments regarding importance of mental health
• Based on region, North America held the majority market share in 2018 attributed to the presence of high levels of awareness related to significance of mental health in the U.S. and Canada. However, Asia Pacific is expected to grow at the fastest speed over the forecast period pertaining to increasing population and growing adoption of android and iOS platforms

Key players operating in the global mental health apps market:
Addicaid, Aurora Health Care, Calm, MoodTools, NOCD Inc., Recovery Record, Sanvello (Pacifica Labs, Inc.), Happify, Inc., HEADSPACE INC., Mayo Foundation for Medical Education and Research (MFMER), Mindshift Interactive, and others

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Global Mental Health Apps Market:
• By Operating System
 iOS
 Android
 Others

• By Subscription Model
 Monthly
 Yearly

• By Mental Health App Types
 Mental Disorder Apps
 Substance-use Disorders Apps
 Co-occurring disorders Apps
 Co-existing disorders
 Others

• By Geography
 North America
• U.S.
• Canada
• Mexico
• Rest of North America
 Europe
• France
• The UK
• Spain
• Germany
• Italy
• Nordic Countries
 Denmark
 Finland
 Iceland
 Sweden
 Norway
• Benelux Union
 Belgium
 The Netherlands
 Luxembourg
• Rest of Europe
 Asia Pacific
• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Southeast Asia
 Indonesia
 Thailand
 Malaysia
 Singapore
 Rest of Southeast Asia
• Rest of Asia Pacific
 Middle East and Africa
• Saudi Arabia
• Egypt
• Kuwait
• South Africa
• Rest of Middle East & Africa
 Latin America
• Brazil
• Argentina
• Rest of Latin America
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Company: Absolute Markets Insights
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Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
The Work Lab,
Model Colony, Shivajinagar, Pune, MH, 411016

About Us:
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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