According to a comprehensive research report by Absolute Markets Insights, “Global Mental Health Apps Market” projected to grow at a CAGR of 23.7% during the period of assessment, 2021-2030 and global Mental Health Apps market is estimated to reach a market valuation of US$ 3,918.40 Mn by the end of 2030. This informative data has been scrutinized by using effective exploratory techniques such as primary and secondary research methodologies. Different dynamic factors of the businesses have been elaborated to get a complete and detailed description of changing variables.
Different models have been studied by analysts, which helps to identify the risks and challenges in front of the businesses. Apart from this, it offers applicable data of various key segments and sub-segments of the Mental Health Apps Market.
The key market players profiled in the report include 7 Cups of Tea, Addicaid, Aurora Health Care, Calm, MoodTools, NOCD Inc., Recovery Record, Sanvello (Pacifica Labs, Inc.), Happify, Inc., HEADSPACE INC., Mayo Foundation for Medical Education and Research (MFMER), Mindshift Interactive, MY3, Silvercloud Health Limited, Talkspace - Online Therapy, Thriveport, LLC, UCSF Health
Browse In-depth Market Research Report on Mental Health Apps Industry: https://www.industryglobalnews24.com/know-about-the-all-things-of-global-mental-health-apps-market-and-what-makes-it-a-booming-industry-a-report-by-absolute-markets-insights
Mental health is an important aspect of overall health, especially in today’s hectic and fast paced world, which can impact daily life, relationships, and even physical health. Mental health refers to our cognitive, behavioral, and emotional wellbeing; in brief, it depicts how a person thinks, feels, and behaves. The high growth is mainly attributed to increasing levels of stress among societies due to addiction to different substances and lowering social interactions. Based on the operating system, the mental health apps market has been bifurcated into iOS based, android based, and others. iOS based apps dominated the market with the highest revenue share in 2018. This is because, the majority of these apps are produced and used in developed countries, where iOS dominates the market. On the other hand, android based apps are projected to grow at a higher growth rate over the forecast period Major reason for this is, increasing low cost mobile phones being manufactured for developing markets, that use android operating system.
Segmentation of Market covered in the research
By Operating System
- iOS
- Android
- Others
By Subscription Model
- Monthly
- Yearly
By Mental Health App Types
- Mental Disorder Apps
- Substance-use Disorders Apps
- Co-occurring disorders Apps
- Co-existing disorders
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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