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Mental Health Screening Market worth $3.22 billion by 2030, growing at a CAGR of 8.11% - Exclusive Report by 360iResearch
The "Mental Health Screening Market by Product (Al-based Screening Tools, Continuous Monitoring Wearable Devices, Remote Mental Health Platforms), Age Group (Age 0-18 Years, Age 19-60, Age 60 and above), Disease Type, Screening Method, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Mental Health Screening Market to grow from USD 1.86 billion in 2023 to USD 3.22 billion by 2030, at a CAGR of 8.11%.
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The mental health screening is used to identify individuals possessing risk of developing mental health disorders, facilitating early intervention and support. Growing mental health awareness and reduced stigma surrounding mental health issues have significantly contributed to the market's expansion, encouraging individuals to seek help and support. Innovation in digital health technologies enabling remote screening, telepsychiatry, and mobile health apps have broadened the market's reach, providing accessible and convenient options for individuals. Government Initiatives and funding aimed at integrating mental health services into primary healthcare settings have facilitated the growth of the mental health screening market. However, confidentiality concerns around data security & privacy regarding handling sensitive mental health information may hinder market growth. Ensuring that screening tools are culturally sensitive and free from bias remains challenging, potentially affecting accuracy and acceptance among diverse populations. Moreover, leveraging AI for personalized and predictive analytics in mental health screening presents significant opportunities for market advancement. Partnerships with educational and corporate sectors to incorporate mental health screenings in schools and workplaces are expected to offer lucrative avenues for market growth.
Mental health awareness has significantly increased in the Americas region, driving demand for mental health screening due to robust healthcare infrastructure. Ongoing investments in mental health startups and research, with significant funding directed towards innovative screening technologies and telepsychiatry, are driving the market growth in the Americas region. The European Union places a high priority on mental health, with countries adopting various approaches to screening and treatment. Recent research and initiatives focus on cross-border healthcare cooperation and harmonizing mental health policies across member states in the European region. The MEA region presents varied challenges and opportunities in mental health screening due to rising awareness about mental issues. In the APAC region, China, India, and Japan are witnessing increased mental health awareness initiatives, digital screening tools, and investment in mental health research and facilities. Innovative technologies such as AI and mobile apps for self-screening are being developed, reflecting a growing market landscape for mental health technologies in the APAC region.
Market Segmentation & Coverage:
This research report categorizes the Mental Health Screening Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Al-based Screening Tools, Continuous Monitoring Wearable Devices, Remote Mental Health Platforms, Self-screening mHealth Apps, and Telehealth & Virtual Care Solutions. The Telehealth & Virtual Care Solutions is projected to witness significant market share during forecast period.
Based on Age Group, market is studied across Age 0-18 Years, Age 19-60, and Age 60 and above. The Age 60 and above is projected to witness significant market share during forecast period.
Based on Disease Type, market is studied across Anxiety, Bipolar Disorders, Depression, Eating Disorders, Mood Disorders, and Psychotic Disorders. The Psychotic Disorders is projected to witness significant market share during forecast period.
Based on Screening Method, market is studied across Biomarker Testing, Clinical Interviews, Observation-based Assessments, and Self-reported Questionnaires & Surveys. The Clinical Interviews is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Clinical Settings, Educational Institutions, Online Platforms, and Workplace/Corporate Programs. The Clinical Settings is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 41.00% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Mental Health Screening Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Mental Health Screening Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Mental Health Screening Market, highlighting leading vendors and their innovative profiles. These include AbleTo, Inc., Adaptive Testing Technologies, Inc., Aiberry, Alphabet Inc., American Well Corp (Amwell), Apple Inc., Canary Speech, Inc., Clarigent Health, CogniABle, Ellipsis Health Inc., Epic Systems Corporation, FuturesTHRIVE, GAIA AG, Headspace Inc., Kintsugi Mindful Wellness, Inc., Koninklijke Philips N.V., MindMaze Holding SA, Modern Life, Inc., Otsuka Holdings Co., Ltd., Proem Health, Inc., Quartet Health, Inc., Riverside Community Care, Sonde Health, Inc., SonderMind Inc., and Thymia Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Mental Health Screening Market, by Product
7. Mental Health Screening Market, by Age Group
8. Mental Health Screening Market, by Disease Type
9. Mental Health Screening Market, by Screening Method
10. Mental Health Screening Market, by End-User
11. Americas Mental Health Screening Market
12. Asia-Pacific Mental Health Screening Market
13. Europe, Middle East & Africa Mental Health Screening Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Mental Health Screening Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Mental Health Screening Market?
3. What is the competitive strategic window for opportunities in the Mental Health Screening Market?
4. What are the technology trends and regulatory frameworks in the Mental Health Screening Market?
5. What is the market share of the leading vendors in the Mental Health Screening Market?
6. What modes and strategic moves are considered suitable for entering the Mental Health Screening Market?
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