Global Mental Health Apps Market is valued at approximately USD 3.61 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.5% over the forecast period 2022-2028. Mental Health Apps allow doctors to provide care and consultation and provide patients with additional features to maintain a healthy lifestyle. The increasing health expenditure drives the market growth across the forecast period. According to the World Bank, the current health expenditure per capita has increased significantly from USD 1020.08 in 2016 to USD 1110.26 in 2018. The induction of new services related to mental health by the government as well as private companies also driving the market growth. For instance, in October 2020, Singapore-based telehealth startup, Doctor Anywhere launched an online mental health video consultation service including lactation consultancy, GP consultation, and an in-app Marketplace for wellness products. Likewise, in February 2022, the Indian government announced through their annual budget, to launch National Tele-Mental Health Programme to offer counselling and care and enhance access to standardised and free 24?7 mental health services. Also, increasing awareness related to mental health and rising research & development activities in health technology is likely to increase the market growth during the forecast period. However, low digital and health literacy impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Mental Health Apps market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of smartphones and high awareness regarding mental health. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising internet penetration and emergence of smartphone apps would create lucrative growth prospects for the Mental Health market across Asia-Pacific region.

Major market players included in this report are:
7 Cups of Tea
Aurora Health Care
Calm
Happify Inc.
Headspace Inc.
Mayo Foundation for Medical Education and Research
MoodTools
NOCD Inc.
Recovery Record, Inc.
Sanvello Health

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Platform:
iOS
Android
Others
By Application:
Depression and Anxiety Management
Meditation Management
Stress Management
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Mental Health Apps Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors