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Global Emerging Mental Health Devices and Platforms Market

Analysis and Forecast, 2021-2030

 
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The emerging mental health devices and platforms market was estimated at $1,362.4 Million in 2019 and is expected to grow at a CAGR of 24.69% during the forecast period from 2021 to 2030.

Possible opportunities that can boost the growth of the market include development of portable mental health devices and development of novel therapies for mental health treatment.

Factors driving the growth of the market include growing demand for teleconsultations in the wake of covid-19 pandemic, increasing funding activity in digital mental health landscape, rising adoption of digital mental health solutions in emerging economies, and entry of pharmaceutical companies in digital mental health paradigm.

Applications for which mental health devices and platforms can be used include stress, anxiety, depression, bipolar disorder, schizophrenia, and others.

Key players operating in the market include AbleTo, Inc., Calm, Electromedical Products International, Inc., Flow Neuroscience AB, Ginger, HAPPIFY HEALTH, Headspace Inc., Lyra Health, Inc., Monsenso A/S, Neuronetics, Pear Therapeutics, Inc., Psious, Quartet Health, Talkspace, Teladoc Health, Inc., Woebot Health, and Ybrain, INC., among others.

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