Apps are increasingly being used to monitor, assess, and improve mental health. There are now more than 10,000 publicly available mental health–specific apps .
How many people use online therapy apps?
While the efficacy of virtual therapy, compared with traditional in-person therapy, is still being hotly debated, its popularity is undeniable. Its most recognizable pioneers, BetterHelp and TalkSpace, have enrolled nearly 700,000 and more than 1 million users respectively. And investors are taking notice.
How big is the mental health app market?
The global mental health apps market size was valued at USD 4.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 16.5% from 2022 to 2030.
When did mental health apps become popular?
Mental health apps have been around as long as the devices that offer them, but starting in 2016, the digital tools exploded both in number and popularity. Today there are approximately 10,000 to 20,000 mental health apps available, according to the American Psychological Association.
How many people use therapy apps?
Interest in mental health apps is linked to increasing mobile phone access, with over 225 million people in the United States and over 2 billion people around the globe using these devices today .
Why do we need mental health apps?
Ubiquitous mobile phones can equip users to supplement psychiatric treatment and manage their mental health. Mobile Mental Health (MMH) apps emerge as an effective alternative to assist with a broad range of psychological disorders filling the much-needed patient-provider accessibility gap.
How many mental health apps are there 2022?
The report finds that as many as 20,000 mental health apps may exist today with two of the most popular being Calm and Headspace. These apps may become even more ubiquitous in digital life.
What percentage of people use online therapy?
Not all those surveyed are brand new to therapy. In fact, 56% of people surveyed transitioned from in-person therapy to online therapy in the last six months, most likely due to COVID-related protocol. But 1 in 5 of those surveyed actually began online therapy in the last three months.
Are mental health apps profitable?
Also according to an article from PRNewswire The development of mental health apps revenue will grow by 23.7% between 2019 to 2027.
How large is the wellness industry?
According to research by the Global Wellness Institute, the wellness industry is valued at $4.5 trillion and is continuing to grow at a historic rate.
How big is the mental health market in the UK?
Key findings include: The market for independent mental health hospitals grew by 4.1% in calendar 2018 taking its total value to £1.8 billion. The main payor remains the NHS, which accounts for 90% of the market, with private payors (self-pay and private medical insurance) only accounting for 10%.
What are mHealth apps?
mHealth apps are health apps available on a mobile device (a smartphone, tablet, or phablet), which can be used by both patients and their health care providers [ Empirical studies on usability of mHealth apps: a systematic literature review.
Do therapy apps actually work?
Research looking at randomized controlled trials of mobile app mental health interventions with almost 50,000 patients did not find “convincing evidence” that any mobile app intervention greatly improved outcomes related to people’s anxiety, depression, smoking or drinking, thoughts of suicide, or feelings of well- …
How many subscribers does BetterHelp have?
“BetterHelp is an online counseling website with nearly two million clients.”
Are mental health apps regulated?
By regulating mental health apps, the FDA is implementing standards for these kinds of resources. This ensures that users know the risks and benefits of the apps and can rely on an evidence base for these claims.
What are some of the challenges with mental health apps?
- Apps are easy to access.
- Apps are cost effective.
- They can be used discreetly and anonymously.
- You can track your wellness in real time.
- There is building evidence that they work.
- Not everyone has access to apps.
- With so many apps, it can be hard to separate the good from the bad.
How much does it cost to create a mental health app?
The cost of developing a mental health app varies depending on the scope of the project, the app’s type, and the number of platforms you are planning to support. If we are talking about a teletherapy app, its cost may start at around $80,000. If it’s a relatively simple self-monitoring, mood tracking app — $60,000.
How many healthcare apps are there?
Share this Post: The mobile health app market has been growing steadily over the past few years. According to IQVIA, there are now over 318,000 health apps available in app stores worldwide.
How big is the online therapy market?
Online Therapy Services Market size was valued at USD 2.36 Billion in 2020 and is projected to reach USD 23.49 Billion by 2028, growing at a CAGR of 31.8% from 2021 to 2028.
What percentage of the US population sees a therapist?
Summary. In 2019, 19.2% of U.S. adults received any mental health treatment in the past 12 months, including 15.8% who had taken prescription medication for their mental health and 9.5% who had received counseling or therapy from a mental health professional.
Is online therapy better than face-to-face?
The good news is that there appears to be no discernible difference between face-to-face and virtual therapy as far as effectiveness is concerned. Scientific research has consistently shown that online treatment is a capable tool to deal with mental health and wellbeing issues.
Who is the target audience for mental health apps?
Online therapy apps are targeted at patients suffering from stress, depression, anxiety, or other mental health conditions, and they enable users to get professional consultations from therapists via chat, phone, or video conferencing.
How do you build a mental health platform?
- Define and engage with your intended audience.
- Be interactive, move beyond text and make the app part of something bigger.
- Be credible.
- Never underestimate the impact of stigma.
- Understand security risks.
- Risks might not be what you think.
- Be progressive.
How do I create a mental health App?
- User Profile. It is crucial that when you create a mental health app, it has a personal touch to it.
- Self Monitoring.
- Calling – Audio & Video.
- Artificial Intelligence & Machine Learning.
What is the fastest growing health and wellness company?
10, 2021 /PRNewswire/ — Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, today announced that it was named to FORTUNE Magazine’s list of the top 100 Fastest-Growing Companies for a third straight year.