Mental Health Apps Market Size, Share, Growth Analysis, By Platform(Android, iOS, Others), By Application(Depression and Anxiety Management, Meditation Management, Stress Management, Wellness Management), By Region - Industry Forecast 2024-2031

Global Mental Health Apps Market size was valued at USD 5.3 billion in 2022 and is poised to grow from USD 6.28 billion in 2023 to USD 19.53 billion by 2031, growing at a CAGR of 15.24% during the forecast period (2024-2031).

Advancements in smartphone technology aimed to streamline mental health problem identification are foreseen to fuel market expansion. Additionally, the escalating prevalence of smartphones is another pivotal aspect anticipated to ease market growth. Furthermore, the spike in installations of mental health applications, especially throughout the COVID-19 pandemic, stands out as another noteworthy element that hastened market development. 

Shifting trends from traditional care models have led many towards personalized approaches using mental health apps. Apps for meditation, anxiety and depression, as well as overall wellness support are valuable for maintaining one's psychological functioning and promoting a healthier lifestyle with less stress. The upsurge in suicide rates has propelled the expansion of the mental health apps industry. This growth stems from a rising awareness of mental health issues, heightening demands for promptly accessible assistance options. Such applications provide convenient early intervention alternatives like self-assessment tools and private counseling. These programs emphasize user confidentiality and prioritize privacy, motivating individuals to seek help for suicidal thoughts and a variety of mental health problems.

US Mental Health Apps Market is poised to grow at a sustainable CAGR for the next forecast year.