Report ID: SQMIG35G2122
Report ID:
SQMIG35G2122 |
Region:
Global |
Published Date: September, 2024
Pages:
242
|
Tables:
61 |
Figures:
75
Global Mental Health Apps Market size was valued at USD 5.3 billion in 2022 and is poised to grow from USD 6.28 billion in 2023 to USD 19.53 billion by 2031, growing at a CAGR of 15.24% during the forecast period (2024-2031).
With increased demand and newly developed technologies for health identification, the market for mental health apps is growing, which has increased digitalization throughout the regions. With rising customer benefits, greater quality output, better outcomes, and self-accessing the health state. People are now more knowledgeable about mental health apps accompanied by a large market expansion and more market developments.
The market share of mental health apps has increased as a result of better lifestyles, rapid urbanization, and developing countries with better connectivity. High connectedness has a stronger connection to the app that many sociologists, psychologists, anthropologists, and other medical professionals have launched. Increasing internet connectivity and widespread use of mental health app applications primarily increase market value size. Digital addiction is on the rise across a number of industries, and the market is growing thanks to better technology and more effective therapies.
US Mental Health Apps Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35G2122