About Wellness and Mental Health Apps
Wellness and mental health application access the health information and enhances the patient experience. This builds the smooth physician patient interface and ensures transparency in treatment process. It also helps to improve the treatment outcomes and lifestyle and minimizing the incidences of chronic diseases. These benefits are increasing the usage of mental health and wellness apps among the users.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Wellness and Mental Health Apps market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Calm (United States), Headspace (United States), Abbott Laboratories (United States), Johnson and Johnson (United States), Schön Klinik (United Kingdom), Pacifica (United States), SuperBetter (United States), 7 Cups (United States), Happify (United States) and Talkspace (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Wellness and Mental Health Apps market by Type (General mental health app, Meditation app, Sleep apps, Anxiety app and Depression app others) and Region.
On the basis of geography, the market of Wellness and Mental Health Apps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Features , the sub-segment i.e. Emergency care will boost the Wellness and Mental Health Apps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Android will boost the Wellness and Mental Health Apps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Subscription, the sub-segment i.e. Monthly will boost the Wellness and Mental Health Apps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Replacement of Traditional Healthcare Delivery Models by the Patient-Centric Care Model
Market Growth Drivers:
Increasing Promotion of Health Apps for Creating Positive Health Outcomes and Increasing Preference of Mobile Apps
Challenges:
Lack of Awareness Among the People about the Apps
Restraints:
Availability of Free Software
Opportunities:
Growing Penetration of Smartphones and Increasing Health Consciousness Among People
Market Leaders and their expansionary development strategies
On April 2020, Ginger has acquired technology assets of LiveBetter. It brings free mental health and well-being support to anyone through a highly engaging, conversational app.
Key Target Audience
Government associations, Research organizations, Software vendors, Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.