+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Telehealth Services for Behavioural and Mental Health market - Forecasts from 2023 to 2028

  • PDF Icon

    Report

  • 148 Pages
  • December 2023
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5926845

The telehealth services for behavioural and mental health market is estimated to grow at a CAGR of 13.2% during the forecast period.

The telehealth services for behavioural and mental health market are expanding rapidly as technology improves mental healthcare delivery. Telehealth services include a variety of remote healthcare solutions such as virtual consultations, teletherapy, and remote monitoring. Telehealth services have developed as a critical tool with the rising frequency of mental health issues and the demand for accessible and convenient care. These services use technology to connect patients and mental health specialists, allowing for remote assessments, treatment sessions, and medication administration. The COVID-19 pandemic has advanced the use of telemedicine in behavioural and mental health since it allows for ongoing care while maintaining social distance. The telehealth services for the behavioural and mental health market provide greater accessibility, less stigma, and improved patient results, making it a viable path for improving mental healthcare delivery.

Increasing Demand for Convenient and Accessible Mental Healthcare in the Telehealth Services for Behavioural and Mental Health Market.

The demand for easy and accessible mental healthcare treatments is growing. This expansion can be ascribed to a variety of sources. For starters, people want more convenient solutions that fit into their busy schedules and remove the need for long trips to healthcare institutions. Telehealth services allow patients to interact with mental health specialists from the comfort of their own homes, giving them the freedom to get therapy remotely. Second, there is a rising awareness of the significance of mental health, as well as a decrease in the stigma associated with getting treatment. As a result, more people are actively seeking mental healthcare treatments, creating a greater need for easily available solutions. Finally, the COVID-19 epidemic has increased demand for easy mental healthcare, as patients have been forced to rely on telemedicine to maintain continuity of treatment and meet mental health requirements while complying with social distancing recommendations.

Rising Prevalence of Mental Health Conditions Enhances the Telehealth Services for Behavioural and Mental Health Market.

The growing incidence of mental health issues is a primary driver of increased demand for behavioural and mental health telehealth services. According to the World Health Organisation, one in every four people will suffer from a mental health issue at some time in their lives. According to the National Institute of Mental Health, approximately 20% of individuals in the United States alone will have a mental disease by 2020. According to the Global Burden of Disease survey, mental health issues are the biggest cause of disability globally. These figures illustrate the rising demand for affordable and effective mental health treatment. Telehealth services provide a solution by giving clients virtual access to mental health specialists, allowing them to obtain prompt diagnosis, treatment, and support regardless of geographical location or physical restrictions. The increased frequency of mental health issues emphasises the critical role of telehealth in fulfilling rising demand and enhancing access to mental healthcare treatments.

Reduced Stigma and Increased Acceptance of Telehealth Services Boost the Telehealth Services For Behavioural And Mental Health Market.

The stigma associated with accessing mental healthcare has decreased significantly, leading to increasing adoption of telehealth services. According to an American Psychiatric Association poll, the majority of Americans (76%) feel telepsychiatry is an appropriate type of care. Furthermore, according to research published in the Journal of Technology in Behavioural Science, patients who used telehealth services for mental health reported decreased levels of perceived stigma when compared to traditional in-person therapy. This shift in attitude can be ascribed to greater knowledge of the importance of mental health, increased awareness efforts, and the normalisation of getting treatment via technology. Reduced stigma and increasing acceptance of telehealth services have aided in the broad adoption and accessibility of mental healthcare, resulting in improved access to care for those in need.

North America is the Market Leader in the Telehealth Services For Behavioural And Mental Health Market.

North America is the leader in telehealth services for behavioural and mental health market. Several reasons contribute to the region's prominence. North America has a well-developed healthcare system, cutting-edge technical capabilities, and a high prevalence of mental health disorders. Furthermore, the region has seen widespread use and acceptance of telehealth services, owing to factors such as rising demand for easy and accessible mental healthcare, the need to address healthcare inequities, and the ongoing COVID-19 epidemic. Furthermore, North America offers favourable reimbursement rules, regulatory frameworks, and a substantial presence of behavioural and mental health-focused telehealth providers and technology businesses. Because of these considerations, North America is the leader in Telehealth Services for Behavioural and Mental Health market.

Improved Patient Engagement and Continuity of Care in Telehealth Services For Behavioural And Mental Health Market.

Telehealth services for behavioural and mental health have been found to promote patient involvement and care continuity. Patients who received mental healthcare via telehealth reported increased levels of engagement compared to traditional in-person therapy, according to research published in the Journal of Medical Internet Research. Telehealth's convenience and accessibility allow patients to actively participate in their treatment, resulting in higher adherence to therapy and drug regimes. Furthermore, telehealth programmes promote improved continuity of care by allowing frequent and continuous access to mental health doctors regardless of geographical boundaries or travel constraints. According to research published by the Substance Abuse and Mental Health Services Administration (SAMHSA), telebehavioural health services reduced mental hospitalisations and emergency department visits, proving the favourable impact of telehealth on patient involvement and continuity of treatment.

Key Developments:

  • In April 2023,Teladoc Health, the global leader in whole-person virtual care, has announced the extension of its Provider-Based Care programmes for weight management and prediabetes. The inclusion of Provider-Based Care services for weight management and diabetes prevention, which are now offered for diabetes and hypertension programmes, is critical since 42% of people in the United States are expected to be obese, and one in every three American adults has prediabetes. Members benefit from a one-of-a-kind and integrated care experience, which includes access to a Teladoc Health physician for a personalised treatment plan, as well as coaching for day-to-day support with practical digital tools.
  • In March 2023,Amwell®, a leader in digital healthcare enablement, announced the addition of a cardiometabolic programme to its digital clinical programmes, allowing health plans and clinicians to seamlessly connect members living with common chronic diseases like diabetes and high blood pressure to Dario's highly personalised digital therapeutic solution on the Amwell platform.
  • In May 2021,Grand Rounds Health and Doctor On Demand, a leader in integrated virtual care, announced the acquisition of Included Health, the largest comprehensive health platform for the LGBTQ+ community. The firms will collaborate to enhance health outcomes and address health issues affecting populations such as LGBTQ+ and BIPOC.

Company Products:

  • Virtual Therapy:Teladoc Health's virtual therapy platform enables easy access to licenced therapists, psychologists, and counsellors. Patients can schedule video or phone appointments with mental health professionals to obtain expert assistance and guidance.
  • Group Therapy:In addition to individual counselling, BetterHelp provides group therapy sessions where people may interact with others who are going through similar experiences. Individuals may share their experiences and obtain insights from peers and licenced professionals in a friendly and collaborative atmosphere through group therapy.
  • On-Demand Therapy:Ginger's on-demand treatment platform connects users to licenced therapists. Individuals may arrange virtual therapy sessions and receive tailored treatment for a variety of mental health issues.
  • Video Visits with Mental Health Providers:Doctor On Demand links patients with licenced mental health practitioners specialised in the diagnosis and treatment of a wide variety of behavioural and mental health disorders. Patients can have safe and private video meetings with these physicians from the privacy of their own homes.

Segmentation:

By Service Type

  • Teletherapy
  • Telepsychiatry
  • Telecounseling
  • Telepsychology
  • Others

By Mode of Delivery

  • Videoconferencing
  • Phone-Based
  • Messaging-Based
  • Others

By End-User

  • Hospitals And Clinics
  • Behavioural Health Centers
  • Mental Health Facilities
  • Community Centers
  • Others

By Geography

  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Others
  • Middle East And Africa
  • Saudi Arabia
  • UAE
  • Others
  • Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Indonesia
  • Taiwan
  • Others

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Sources
2.3. Research Design
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. TELEHEALTH SERVICES FOR BEHAVIOURAL AND MENTAL HEALTH MARKET, BY SERVICE TYPE
5.1. Introduction
5.2. TELETHERAPY
5.3. TELEPSYCHIATRY
5.4. TELECOUNSELING
5.5. TELEPSYCHOLOGY
5.6. OTHERS
6. TELEHEALTH SERVICES FOR BEHAVIOURAL AND MENTAL HEALTH MARKET, MODE OF DELIVERY
6.1. Introduction
6.2. VIDEOCONFERENCING
6.3. PHONE-BASED
6.4. MESSAGING-BASED
6.5. OTHERS
7. TELEHEALTH SERVICES FOR BEHAVIOURAL AND MENTAL HEALTH MARKET, BY END-USER
7.1. Introduction
7.2. HOSPITALS AND CLINICS
7.3. BEHAVIOURAL HEALTH CENTERS
7.4. MENTAL HEALTH FACILITIES
7.5. COMMUNITY CENTERS
7.6. OTHERS
8. TELEHEALTH SERVICES FOR BEHAVIOURAL AND MENTAL HEALTH MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. Japan
8.6.2. China
8.6.3. India
8.6.4. South Korea
8.6.5. Indonesia
8.6.6. Taiwan
8.6.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. TELADOC HEALTH, INC. (ACQUIRED LIVONGO HEALTH)
10.2. AMWELL (FORMERLY AMERICAN WELL)
10.3. TALKSPACE
10.4. BETTERHELP
10.5. MDLIVE
10.6. GINGER
10.7. DOCTOR ON DEMAND
10.8. ABLETO
10.9. ICOUCH
10.10. BREAKTHROUGH BEHAVIORAL

Companies Mentioned

  • Teladoc Health, Inc. (Acquired Livongo Health)
  • Amwell (Formerly American Well)
  • Talkspace
  • Betterhelp
  • Mdlive
  • Ginger
  • Doctor On Demand
  • Ableto
  • Icouch
  • Breakthrough Behavioral

Methodology

Loading
LOADING...