Mental Health Technology Market is expected to reach US$ 22.67 billion by 2033 | Major players - Mindscapes, Calm.com, Inc., MoodMission Pty Ltd

Market Size and Growth:

The Global Mental Health Technology Market Size reached US$ 7.97 billion in 2024 and is expected to reach US$ 22.67 billion by 2033, growing at a CAGR of 12.8% during the forecast period of 2025-2033. According to DataM Intelligence Report.

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The Mental Health Technology Market encompasses digital solutions, software, and devices designed to support mental well-being. This includes teletherapy platforms, mental health apps, AI-driven diagnostics, wearable monitoring devices, and virtual reality therapies. These technologies aim to improve accessibility, early detection, personalized treatment, and ongoing mental health management for individuals, healthcare providers, and organizations globally.

United States: Recent Developments of Mental Health Technology Market

✅ September 2025: The FDA announced plans for a Digital Health Advisory Committee meeting to address generative AI-enabled digital mental health devices, focusing on risks and access gaps.​

✅ October 2025: Mental Health America hosted the 2025 Policy Institute, exploring tele-mental health, AI, and digital therapies to improve access and address workforce shortages.​

✅ November 2025: The FDA held its Digital Health Advisory Committee meeting on generative AI in mental health devices, emphasizing risk-based regulation to expand care amid rising demand.​

Europe: Recent Developments of Mental Health Technology Market

✅ September 2025: WHO/Europe formed the Technical Advisory Group on AI for Health, promoting ethical AI in mental health and influencing collaborations for personalized treatment.​

✅ October 2025: Brain Innovation Days 2025 in Brussels featured EU-funded projects like RECONNECTED, testing digital tools for mental health resilience in vulnerable groups across nine countries.​

✅ November 2025: Joint Action PRISM launched with EU funding to strengthen mental health via pilot projects on suicide prevention, loneliness support, and youth well-being in 20 countries.​

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Key FDA & Regulatory Approvals in 2025:

✅ SPRAVATO (esketamine nasal spray) - On January 21, 2025, the U.S. Food and Drug Administration (FDA) approved SPRAVATO as the first monotherapy for treatment‐resistant depression (TRD) in adults. This marks a shift: previously, esketamine had required use alongside oral antidepressants.

✅ CT-132 (by Click Therapeutics) - On April 15, 2025, the FDA granted marketing authorization (via the De Novo pathway) for CT‐132, the first prescription digital therapeutic (PDT) for the preventive treatment of episodic migraine. Although migraine is not strictly a "mental health disorder," CT‐132 uses behavioral interventions (e.g. cognitive behavioral therapy techniques) mediated by a smartphone app - signaling a regulatory milestone for software-based therapeutics in neuro/mental health space.

✅ Broader trend: regulatory acceptance of prescription digital therapeutics (PDTs) continues. A recent review notes PDTs may help address unmet needs in psychiatric care (e.g. depression, anxiety, insomnia, substance use) by delivering evidence‐based interventions via software.

Mergers & Acquisitions / Strategic Consolidation in 2025:

✅ Teladoc Health acquired UpLift (a virtual mental health therapy, psychiatry & medication‐management provider) for $30 million (with up to $15 million in contingent earn‐outs). The acquisition closed on April 30, 2025.

✅ This move integrates UpLift's in‐network health-plan relationships (covering 100 million lives) with Teladoc's existing virtual therapy business (BetterHelp), enabling insurance‐covered mental health access alongside cash-pay services.

✅ UpLift continues to operate under its existing leadership, but its services now feed into Teladoc's broader digital mental‐health offering.

Major Players:

Key companies in the Mental Health Technology market include:

Mindscapes
Calm.com, Inc.
MoodMission Pty Ltd
Boehringer Ingelheim Pharmaceuticals, Inc.
Headspace Inc.
Youper Inc.
Happify, Inc.
Bearable Ltd
BetterHelp
Talkspace.

Segments Covered in the Mental Health Technology Market:

By Technology Type: Teletherapy & Telehealth Platforms, AI & Machine Learning-based Solutions, Wearable Technology for Mental Health, Mental Health Apps, Digital Therapeutics, and Others.

By Deployment Mode: Cloud-based and On-premise.

By Application: Depression & Mood Disorders Management, Anxiety & Stress Management, Addiction & Substance Abuse Management, Post-Traumatic Stress Disorder (PTSD) Management, Schizophrenia & Psychosis Management, Suicide Prevention, Workplace Mental Health Challenges, and Others.

Regional Analysis for Mental Health Technology Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Mental Health Technology market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Mental Health Technology Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Mental Health Technology market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Mental Health Technology Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Mental Health Technology market?

➠ Who are the global key manufacturers of the Mental Health Technology Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Mental Health Technology market opportunities and threats faced by the vendors in the global Mental Health Technology Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Mental Health Technology market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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