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Mental Health Apps Market size is expected to reach nearly US$ 6.83 Billion by 2030, as per Stellar Market Research.

08-21-2024 08:08 AM CET | Health & Medicine

Press release from: STELLAR MARKET RESEARCH

Mental Health Apps Market

Mental Health Apps Market

Mental Health Apps Market size was valued at US$ 1.90 Billion in 2023 and the Mental Health Apps revenue is expected to grow at 20% through 2024 to 2030, reaching nearly US$ 6.83 Billion.

The mental disease affects people throughout the world, but it is especially prevalent in the United States. In 2020, 51.5 million individuals in the United States were affected by mental disorders such as anxiety, schizophrenia, and significant depression, according to data, and 43.6 percent of the population received treatment for mental illnesses. Though $500 million may not seem like much in contrast to the estimated US$1.6 billion global markets for health and wellness apps in 2021, it's substantial given that many emotional and mental well-being apps are free or inexpensive.

In 2023, North America dominated the mental health apps market, accounting for roughly 35.0 percent of total revenue. The market is being fuelled by prominent factors such as the increasing usage of smartphones, advancements in coverage networks, and increased penetration of the internet and social media. Smartphone usage in the North American area was approximately 80% in 2020, according to the GSMA's The Mobile Economy Report 2021, and is anticipated to reach 85 percent by 2030.

Because of the increased demand for connected devices and the increasing use of smartphones in the area, the Asia Pacific region is expected to develop at a significant rate throughout the forecast period. In addition, some countries in the area are implementing digital health and mobile health technology to improve results and manage healthcare delivery. As a result, such activities are expected to promote mental health apps used throughout the forecast period.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/Mental-Health-Apps-Market/199

Mental Health Apps Market Scope:

Market Size in 2023 USD 1.9 Bn.

Market Size in 2030 USD 6.83 Bn.

CAGR 20% (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Mental-Health-Apps-Market/199

Mental Health Apps Market Segments

by Platform Type

iOS
Android
Others
By Application

Depression and Anxiety Management
Meditation Management
Stress Management
Wellness Management
Others

Mental Health Apps Market Players

Calm (United States)
MoodMission Pty Ltd. (Australia)
Sanvello Health (Minnesota)
Headspace Inc. (United Kingdom)
CVS Health (United States)
Aurora Health Care (United States)
Addicaid (New York)
Happify Inc. (New York)
Sanvello (Minneapolis)
Talkspace Network (New York)

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Mental-Health-Apps-Market/199

Key questions answered in the report

What is the projected market size & growth rate of Mental Health Apps Market?

What are the key driving factors for the growth of Mental Health Apps Market?

Which Region accounted for the largest Mental Health Apps Market share?

What makes Asia Pacific a Lucrative Market for Mental Health Apps Market?

What are the top players operating in Mental Health Apps Market?

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Global Vision Care Market size was valued at USD 95.93 Bn. in 2023 and is expected to reach USD 139.55 Bn. by 2030, at a CAGR of 5.5%.

Global Wellness Tourism Market size was valued at USD 922.7 Bn in 2023 and is expected to reach USD 1808.5 Bn by 2030, at a CAGR of 9.88%

The Ambulance Service Market size was valued at USD 47.75 billion in 2023 and the total Global Ambulance Service revenue is expected to grow at a CAGR of 8.5% from 2024 to 2030, reaching nearly USD 84.82 billion by 2030

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4 Kothrud

Pinnac Memories Fl. No. 3

Kothrud, Pune, Maharashtra, 411029

sales@stellarmr.com

+91 9607365656

About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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