The Mental Health Apps Market was valued at USD 7.48 billion in 2024, and is projected to reach USD 17.52 billion by 2030, rising at a CAGR of 14.60%. Rising adoption & penetration of mental health apps due to their advantages in improving the mental health & well-being of users and increasing awareness about mental health are some of the key factors boosting the growth of this market.
The growing burden of mental health issues caused by work-related stress is fueling the rising demand for mental health applications. For instance, the WHO and the International Labour Organization (ILO) has called for urgent actions to address mental health concerns within the workforce. Depression and anxiety are responsible for an estimated 12 billion days of absenteeism annually, resulting in a global economic loss of around USD 1 trillion. According to the World Mental Health Report issued by the World Health Organization (WHO) in June 2022, it was found that in 2019, out of 1 billion people who have a mental disorder, 15% were working age adults.
Furthermore, the growing initiatives by the market players contribute to market growth. For instance, in December 2022, Tata Consultancy Services (TCS) revealed the creation of a new app designed to tackle mental health issues. This app, designed as a companion for users, leverages gamification strategies to help alleviate early-stage stress and anxiety. It was clinically validated through a partnership with a premier hospital in India. In addition, TCS conducted a usability assessment of the app with an internal beta testing phase that included 900 employees.
Major players in the industry are utilizing strategies such as mergers & acquisitions, partnerships, and product launches to expand their business presence globally. For instance, Postpartum Support International (PSI), known for offering support and complimentary resources to women experiencing perinatal mental health issues, in April 2024 launched a new application named Connect by PSI. This application provides access to PSI's support line and emergency aid, a community of support comprising both patients & healthcare professionals, and a comprehensive library of resources on perinatal mental health disorders. Moreover, in November 2022, Travelers introduced the Wysa for Return-to-Work mobile application aimed at aiding employees recovering from injuries. Developed in partnership with Wysa, a leader in AI-driven mental health digital solutions, the app is designed to help employees overcome psychological barriers to reenter the workforce.
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The growing burden of mental health issues caused by work-related stress is fueling the rising demand for mental health applications. For instance, the WHO and the International Labour Organization (ILO) has called for urgent actions to address mental health concerns within the workforce. Depression and anxiety are responsible for an estimated 12 billion days of absenteeism annually, resulting in a global economic loss of around USD 1 trillion. According to the World Mental Health Report issued by the World Health Organization (WHO) in June 2022, it was found that in 2019, out of 1 billion people who have a mental disorder, 15% were working age adults.
Furthermore, the growing initiatives by the market players contribute to market growth. For instance, in December 2022, Tata Consultancy Services (TCS) revealed the creation of a new app designed to tackle mental health issues. This app, designed as a companion for users, leverages gamification strategies to help alleviate early-stage stress and anxiety. It was clinically validated through a partnership with a premier hospital in India. In addition, TCS conducted a usability assessment of the app with an internal beta testing phase that included 900 employees.
Major players in the industry are utilizing strategies such as mergers & acquisitions, partnerships, and product launches to expand their business presence globally. For instance, Postpartum Support International (PSI), known for offering support and complimentary resources to women experiencing perinatal mental health issues, in April 2024 launched a new application named Connect by PSI. This application provides access to PSI's support line and emergency aid, a community of support comprising both patients & healthcare professionals, and a comprehensive library of resources on perinatal mental health disorders. Moreover, in November 2022, Travelers introduced the Wysa for Return-to-Work mobile application aimed at aiding employees recovering from injuries. Developed in partnership with Wysa, a leader in AI-driven mental health digital solutions, the app is designed to help employees overcome psychological barriers to reenter the workforce.
Mental Health Apps Market Report Highlights
- Numerous organizations, including the WHO, have implemented e-learning initiatives complemented by remote supervision to train healthcare workers in mental health care
- By platform, the iOS segment dominated the market with the largest revenue share of 48.3% in 2024, due to the increasing iOS adoption among consumers
- By application, the depression and anxiety management segment dominated the market with a revenue share of 28.7% in 2024
- The stress management segment is expected to grow at the fastest rate during the forecast period
- North America dominated the mental health apps market with a revenue share of 36.4% in 2024
This report addresses:
- Market intelligence to enable effective decision-making.
- Market estimates and forecasts from 2018 to 2030.
- Growth opportunities and trend analyses.
- Segment and regional revenue forecasts for market assessment.
- Competition strategy and market share analysis.
- Product innovation listings for you to stay ahead of the curve.
- COVID-19's impact and how to sustain in this fast-evolving market.
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Mental Health Apps Market Variables, Trends & Scope
Chapter 4. Mental Health Apps Market Segment Analysis, by Platform, 2018-2030 (USD Million)
Chapter 5. Mental Health Apps Market Segment Analysis, by Application, 2018-2030 (USD Million)
Chapter 6. Mental Health Apps Market Segment Analysis, by Region, 2018-2030 (USD Million)
Chapter 7. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The major companies profiled in this Mental Health Apps market report include:- Mindscape
- Calm
- MoodMission Pty Ltd.
- Sanvello Health
- Headspace Inc.
- Youper, Inc.
- Happify
- Bearable
- BetterHelp
- Talkspace
- MindShift
- MoodKit
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 7.48 Billion |
Forecasted Market Value ( USD | $ 17.52 Billion |
Compound Annual Growth Rate | 14.6% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |