This Online Therapy Service for Teenagers market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The online therapy service for teenagers market size has grown rapidly in recent years. It will grow from $72.93 billion in 2023 to $80.57 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth during the historic period can be attributed to increasing mental health awareness, rising academic pressures, the influence of social media, heightened awareness and advocacy by parents, and innovation in therapy models.
The online therapy service for teenagers market size is expected to see rapid growth in the next few years. It will grow to $120.52 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The anticipated growth in the forecast period can be attributed to the expansion of digital health infrastructure, integration with schools, enhanced data security and privacy measures, policy and regulatory support, and cultural shifts toward mental health. Major trends during this period include virtual reality therapy, the gamification of therapy, the expansion of online peer support networks, and a focus on preventative care and holistic wellness integration.
The increasing prevalence of mental health disorders is anticipated to drive the growth of the online therapy services market for teenagers. Mental health disorders, which affect mood, thinking, or behavior, cause significant distress or impairment in daily functioning and include conditions such as depression, anxiety, and schizophrenia. The rising prevalence of these disorders is attributed to factors such as increased awareness, social stress, and a greater willingness to seek help. Online therapy services offer accessible and confidential support for managing mental health disorders, providing counseling and interventions through digital platforms to address issues such as anxiety, depression, and behavioral problems in teenagers. For example, according to the Centers for Disease Control and Prevention (CDC), the percentage of people receiving any mental health treatment increased from 20.3% in 2020 to 21.6% in 2021. Therefore, the increasing prevalence of mental health disorders is driving the growth of the online therapy services market for teenagers.
Leading companies in the online therapy services market for teenagers are focusing on developing innovative services, such as behavioral health services, to gain a competitive advantage. Behavioral health services provide professional support and treatment for mental health issues, substance use disorders, and other behavioral problems. For instance, in July 2021, Ginger Inc., a US-based mental healthcare startup, launched Ginger for Teens, a behavioral health service for teenagers. This service includes features such as text-based coaching, self-guided content, and teletherapy sessions. It ensures confidentiality in child-care team communications unless a safety issue arises and offers parents updates on their child's progress. Ginger for Teens provides immediate access to mental health support via a mobile app, allowing teens to engage in behavioral health coaching and therapy sessions at their convenience. The platform offers self-guided resources that address topics relevant to teens, such as mood management, identity, conflict resolution, and sexuality.
In October 2021, Ginger Inc., a US-based digital behavioral health company, merged with Headspace Inc. to form a new mental health company called Headspace Health. The merged entity provides a comprehensive range of mental health services, combining Headspace’s meditation and mindfulness app with Ginger’s on-demand behavioral health coaching, therapy, and psychiatry. Headspace Inc. is a US-based digital mental health and wellness company.
Major companies operating in the online therapy service for teenagers market are Teladoc Health Inc., Thriveworks, Charlie Health, Headspace, American Well Corp, Sana Benefits Inc., Cerebral, Talkspace Inc., Clarity Clinic, Amaha, Wellnite, Brightline, Bend Health Inc., Little Otter, Calmerry, 7 Cups, K&S Therapeutic Services Inc., Joon Care, Teentherapy, Teen Line, Oasis Mental Health, Learn to Live Inc., Manatee, Synergy eTherapy, Mindright Health.
North America was the largest region in the online therapy service for teenagers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the online therapy service for teenagers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the online therapy service for teenagers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Online therapy services for teenagers provide professional mental health support specifically designed for adolescents through digital platforms such as video calls, messaging, and apps. These services address various issues such as anxiety, depression, peer pressure, and academic stress, offering a convenient and confidential way for teenagers to receive therapy from their homes.
The main types of products in online therapy services for teenagers include online therapy and online booking. Online therapy, also known as e-therapy, delivers mental health services and support over the Internet. These services are divided into those that accept insurance and those that do not. The different applications include support for individual adolescents and adolescent families.
The online therapy service for teenagers market research report is one of a series of new reports that provides online therapy service for teenagers market statistics, including online therapy service for teenagers industry global market size, regional shares, competitors with an online therapy service for teenagers market share, detailed online therapy service for teenagers market segments, market trends, and opportunities, and any further data you may need to thrive in the online therapy service for teenagers industry. This online therapy service for teenagers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The online therapy service for teenagers market includes revenues earned by entities by providing virtual counseling, mental health support, cognitive behavioral therapy, emotional well-being services, and therapeutic interventions through digital platforms. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The online therapy service for teenagers market size has grown rapidly in recent years. It will grow from $72.93 billion in 2023 to $80.57 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth during the historic period can be attributed to increasing mental health awareness, rising academic pressures, the influence of social media, heightened awareness and advocacy by parents, and innovation in therapy models.
The online therapy service for teenagers market size is expected to see rapid growth in the next few years. It will grow to $120.52 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The anticipated growth in the forecast period can be attributed to the expansion of digital health infrastructure, integration with schools, enhanced data security and privacy measures, policy and regulatory support, and cultural shifts toward mental health. Major trends during this period include virtual reality therapy, the gamification of therapy, the expansion of online peer support networks, and a focus on preventative care and holistic wellness integration.
The increasing prevalence of mental health disorders is anticipated to drive the growth of the online therapy services market for teenagers. Mental health disorders, which affect mood, thinking, or behavior, cause significant distress or impairment in daily functioning and include conditions such as depression, anxiety, and schizophrenia. The rising prevalence of these disorders is attributed to factors such as increased awareness, social stress, and a greater willingness to seek help. Online therapy services offer accessible and confidential support for managing mental health disorders, providing counseling and interventions through digital platforms to address issues such as anxiety, depression, and behavioral problems in teenagers. For example, according to the Centers for Disease Control and Prevention (CDC), the percentage of people receiving any mental health treatment increased from 20.3% in 2020 to 21.6% in 2021. Therefore, the increasing prevalence of mental health disorders is driving the growth of the online therapy services market for teenagers.
Leading companies in the online therapy services market for teenagers are focusing on developing innovative services, such as behavioral health services, to gain a competitive advantage. Behavioral health services provide professional support and treatment for mental health issues, substance use disorders, and other behavioral problems. For instance, in July 2021, Ginger Inc., a US-based mental healthcare startup, launched Ginger for Teens, a behavioral health service for teenagers. This service includes features such as text-based coaching, self-guided content, and teletherapy sessions. It ensures confidentiality in child-care team communications unless a safety issue arises and offers parents updates on their child's progress. Ginger for Teens provides immediate access to mental health support via a mobile app, allowing teens to engage in behavioral health coaching and therapy sessions at their convenience. The platform offers self-guided resources that address topics relevant to teens, such as mood management, identity, conflict resolution, and sexuality.
In October 2021, Ginger Inc., a US-based digital behavioral health company, merged with Headspace Inc. to form a new mental health company called Headspace Health. The merged entity provides a comprehensive range of mental health services, combining Headspace’s meditation and mindfulness app with Ginger’s on-demand behavioral health coaching, therapy, and psychiatry. Headspace Inc. is a US-based digital mental health and wellness company.
Major companies operating in the online therapy service for teenagers market are Teladoc Health Inc., Thriveworks, Charlie Health, Headspace, American Well Corp, Sana Benefits Inc., Cerebral, Talkspace Inc., Clarity Clinic, Amaha, Wellnite, Brightline, Bend Health Inc., Little Otter, Calmerry, 7 Cups, K&S Therapeutic Services Inc., Joon Care, Teentherapy, Teen Line, Oasis Mental Health, Learn to Live Inc., Manatee, Synergy eTherapy, Mindright Health.
North America was the largest region in the online therapy service for teenagers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the online therapy service for teenagers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the online therapy service for teenagers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Online therapy services for teenagers provide professional mental health support specifically designed for adolescents through digital platforms such as video calls, messaging, and apps. These services address various issues such as anxiety, depression, peer pressure, and academic stress, offering a convenient and confidential way for teenagers to receive therapy from their homes.
The main types of products in online therapy services for teenagers include online therapy and online booking. Online therapy, also known as e-therapy, delivers mental health services and support over the Internet. These services are divided into those that accept insurance and those that do not. The different applications include support for individual adolescents and adolescent families.
The online therapy service for teenagers market research report is one of a series of new reports that provides online therapy service for teenagers market statistics, including online therapy service for teenagers industry global market size, regional shares, competitors with an online therapy service for teenagers market share, detailed online therapy service for teenagers market segments, market trends, and opportunities, and any further data you may need to thrive in the online therapy service for teenagers industry. This online therapy service for teenagers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The online therapy service for teenagers market includes revenues earned by entities by providing virtual counseling, mental health support, cognitive behavioral therapy, emotional well-being services, and therapeutic interventions through digital platforms. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Online Therapy Service for Teenagers Market Characteristics3. Online Therapy Service for Teenagers Market Trends and Strategies32. Global Online Therapy Service for Teenagers Market Competitive Benchmarking33. Global Online Therapy Service for Teenagers Market Competitive Dashboard34. Key Mergers and Acquisitions in the Online Therapy Service for Teenagers Market
4. Online Therapy Service for Teenagers Market - Macro Economic Scenario
5. Global Online Therapy Service for Teenagers Market Size and Growth
6. Online Therapy Service for Teenagers Market Segmentation
7. Online Therapy Service for Teenagers Market Regional and Country Analysis
8. Asia-Pacific Online Therapy Service for Teenagers Market
9. China Online Therapy Service for Teenagers Market
10. India Online Therapy Service for Teenagers Market
11. Japan Online Therapy Service for Teenagers Market
12. Australia Online Therapy Service for Teenagers Market
13. Indonesia Online Therapy Service for Teenagers Market
14. South Korea Online Therapy Service for Teenagers Market
15. Western Europe Online Therapy Service for Teenagers Market
16. UK Online Therapy Service for Teenagers Market
17. Germany Online Therapy Service for Teenagers Market
18. France Online Therapy Service for Teenagers Market
19. Italy Online Therapy Service for Teenagers Market
20. Spain Online Therapy Service for Teenagers Market
21. Eastern Europe Online Therapy Service for Teenagers Market
22. Russia Online Therapy Service for Teenagers Market
23. North America Online Therapy Service for Teenagers Market
24. USA Online Therapy Service for Teenagers Market
25. Canada Online Therapy Service for Teenagers Market
26. South America Online Therapy Service for Teenagers Market
27. Brazil Online Therapy Service for Teenagers Market
28. Middle East Online Therapy Service for Teenagers Market
29. Africa Online Therapy Service for Teenagers Market
30. Online Therapy Service for Teenagers Market Competitive Landscape and Company Profiles
31. Online Therapy Service for Teenagers Market Other Major and Innovative Companies
35. Online Therapy Service for Teenagers Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Online Therapy Service For Teenagers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on online therapy service for teenagers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for online therapy service for teenagers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The online therapy service for teenagers market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Online Therapy; Online Booking2) By Type: Accepts Insurance; No-Accepts Insurance
3) By Application: Adolescent Individual; Adolescent Family
Key Companies Mentioned: Teladoc Health Inc.; Thriveworks; Charlie Health; Headspace; American Well Corp
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies profiled in this Online Therapy Service for Teenagers market report include:- Teladoc Health Inc.
- Thriveworks
- Charlie Health
- Headspace
- American Well Corp
- Sana Benefits Inc.
- Cerebral
- Talkspace Inc.
- Clarity Clinic
- Amaha
- Wellnite
- Brightline
- Bend Health Inc.
- Little Otter
- Calmerry
- 7 Cups
- K&S Therapeutic Services Inc.
- Joon Care
- Teentherapy
- Teen Line
- Oasis Mental Health
- Learn to Live Inc.
- Manatee
- Synergy eTherapy
- Mindright Health
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 80.57 Billion |
Forecasted Market Value ( USD | $ 120.52 Billion |
Compound Annual Growth Rate | 10.6% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |