Mental Health Apps Market 2023-2032: Opportunity Assessment, International Expansion, Future Scope And Major Players| Mindscape, Calm, MoodMission, Headspace, Flow Neurosciences

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Mental Health Apps Global Market Report 2023 identifies increasing awareness about mental health as the major driver for the Mental Health Apps Market's growth in the forecast period. Increasing openness about mental health by sports personalities and celebrities has reduced the stigma and increased awareness about mental health and its importance on one's health across the globe. Additionally, individuals with mental health-related problems are investing in various recovery therapies such as medical consultations, mental health apps, self-help books, and others.

The global mental health apps market size will grow from $5.49 billion in 2022 to $6.36 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of thr mental health apps is expected to grow to $11.62 billion in 2027 at a CAGR of 16.3%.

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Major competitors in the mental health apps market are Mindscape, Calm, MoodMission, Headspace, Flow Neurosciences, Youper, Happify, Sanvello, NOCD, Talkspace, Addicaid, Silvercloud Health, Moodfit, BetterHelp, and eMoods.

A key trend in the Mental Health Apps Market includes technological advancement. Major companies operating in the mental health apps market are focused on providing technologically-advanced solutions to meet end-customer demands and strengthen their market position. These companies are implementing next-generation technologies into their services, such as CRM, video API, text API, and end-to-end patient engagement through AI and ML and others. For instance, In January 2021, Moody, a health care company, launched an intelligent mental health care app that can identify and alert the user about psychological changes in their behaviour ahead of time and recommend corrective actions daily. It allows the user to create daily journal entries with memories such as pictures, attachments, and others.

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The Mental Health Apps Market is segmented -
By Platform Type: iOS, Android, Other Platform Types
By Application Type: Depression and Anxiety management, Meditation Management, Stress Management, Wellness Management, Other Application Types
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Mental Health Apps Market.

The Business Research Company's "Global Mental Health Apps Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Mental Health Apps Market Include:
1. Executive Summary
2. Mental Health Apps Market Characteristics
3. Mental Health Apps Market Trends And Strategies
4. Mental Health Apps Market - Macro Economic Scenario
5. Mental Health Apps Market Size And Growth
……
26. Africa Mental Health Apps Market
27. Mental Health Apps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mental Health Apps Market
29. Mental Health Apps Market Future Outlook and Potential Analysis
30. Appendix

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