The Asia Pacific Mental Health Apps Market would witness market growth of 17.1% CAGR during the forecast period (2021-2027).
The market for these apps has a lot of potential. A mental health disease affects around 800 million individuals globally, or 11% of the world's population. Furthermore, evidence suggests that the COVID-19 pandemic has aggravated mental health concerns and produced a loss in well-being, with a significant increase in the prevalence of issues like anxiety, depression, post-traumatic stress symptoms, and stress. From June 2020 to March 2021, over four out of ten persons in the United States had anxiety and depression symptoms, compared to a significantly smaller fraction experiencing these symptoms from January to June 2019.
Although this may not represent an actual increase, some medical experts and researchers believe that the pandemic has encouraged individuals to talk about their mental health and making treatment more socially acceptable, indicating the prominence of the conditions addressed by mental health applications.
Owing to the factors such as increased internet penetration and people's or society's stress levels, East Asia is expected to be the fastest-growing area in the mental health applications market throughout the estimated period. In addition, the East Asia area contains both growing and developed economies, such as China and Japan. According to a report by the Economist Intelligence Unit (EIU), China's economic growth is anticipated to decline by US$ 11 trillion between 2020 and 2030 due to mental health difficulties.
As per studies done by WHO in Korea, over 75 percent of people trying suicide are suffering with more than one mental disorder. As a result, the rising incidence of mental illnesses and challenges in East Asia is pushing up demand for mental health services. Digital literacy is becoming more commonly used across the Asia Pacific area as living conditions improve. As a result, the number of smart devices, such as smartphones, laptops, and tablets, has risen. The creation of AI-based apps has increased dramatically in recent years, particularly in emerging nations.
The China market dominated the Asia Pacific Mental Health Apps Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $803.9 Million by 2027. The Japan market is experiencing a CAGR of 16.4% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 17.8% during (2021 - 2027).
Based on Application, the market is segmented into Depression & Anxiety Management, Meditation Management, Stress Management, Wellness Management, and Others. Based on Platform Type, the market is segmented into iOS, Android, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Mental Health Apps Market is Projected to reach USD 10.2 Billion by 2027, at a CAGR of 16.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Calm.com, Inc., MoodMission Pty. Ltd., Sanvello Health, Inc. (UnitedHealth Group Incorporated), Headspace, Inc., Flow Neuroscience AB, Youper, Inc., Urban Massage Ltd., Happify, Inc., and SilverCloud Health, Inc. (American Well Corporation)
Scope of the Study
Market Segments Covered in the Report:
By Application
- Depression & Anxiety Management
- Meditation Management
- Stress Management
- Wellness Management, and
- Others
By Platform Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Calm.com, Inc.
- MoodMission Pty. Ltd.
- Sanvello Health, Inc. (UnitedHealth Group Incorporated)
- Headspace, Inc.
- Flow Neuroscience AB
- Youper, Inc.
- Urban Massage Ltd.
- Happify, Inc.
- SilverCloud Health, Inc. (American Well Corporation)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Mental Health Apps Market, by Application
1.4.2 Asia Pacific Mental Health Apps Market, by Platform Type
1.4.3 Asia Pacific Mental Health Apps Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Mental Health Apps Market by Application
3.1 Asia Pacific Depression & Anxiety Management Market by Country
3.2 Asia Pacific Meditation Management Market by Country
3.3 Asia Pacific Stress Management Market by Country
3.4 Asia Pacific Wellness Management Market by Country
3.5 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Mental Health Apps Market by Platform Type
4.1 Asia Pacific iOS Market by Country
4.2 Asia Pacific Android Market by Country
4.3 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Mental Health Apps Market by Country
5.1 China Mental Health Apps Market
5.1.1 China Mental Health Apps Market by Application
5.1.2 China Mental Health Apps Market by Platform Type
5.2 Japan Mental Health Apps Market
5.2.1 Japan Mental Health Apps Market by Application
5.2.2 Japan Mental Health Apps Market by Platform Type
5.3 India Mental Health Apps Market
5.3.1 India Mental Health Apps Market by Application
5.3.2 India Mental Health Apps Market by Platform Type
5.4 South Korea Mental Health Apps Market
5.4.1 South Korea Mental Health Apps Market by Application
5.4.2 South Korea Mental Health Apps Market by Platform Type
5.5 Singapore Mental Health Apps Market
5.5.1 Singapore Mental Health Apps Market by Application
5.5.2 Singapore Mental Health Apps Market by Platform Type
5.6 Malaysia Mental Health Apps Market
5.6.1 Malaysia Mental Health Apps Market by Application
5.6.2 Malaysia Mental Health Apps Market by Platform Type
5.7 Rest of Asia Pacific Mental Health Apps Market
5.7.1 Rest of Asia Pacific Mental Health Apps Market by Application
5.7.2 Rest of Asia Pacific Mental Health Apps Market by Platform Type
Chapter 6. Company Profiles
6.1 Calm.com, Inc.
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Acquisition and Mergers:
6.2 MoodMission Pty. Ltd.
6.2.1 Company Overview
6.3 Sanvello Health, Inc. (UnitedHealth Group Incorporated)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental Analysis
6.4 Headspace, Inc.
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Partnerships, Collaborations, and Agreements:
6.4.2.2 Acquisition and Mergers:
6.5 Flow Neuroscience AB
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Acquisition and Mergers:
6.6 Youper, Inc.
6.6.1 Company Overview
6.7 Urban Massage Ltd.
6.7.1 Company Overview
6.8 Happify, Inc.
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Partnerships, Collaborations, and Agreements:
6.8.2.2 Product Launches and Product Expansions:
6.9 SilverCloud Health, Inc. (American Well Corporation)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Research & Development Expenses
6.9.4 Recent strategies and developments:
6.9.4.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Depression & Anxiety Management Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Depression & Anxiety Management Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Meditation Management Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Meditation Management Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Stress Management Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Stress Management Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Wellness Management Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Wellness Management Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 17 Asia Pacific iOS Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific iOS Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Android Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Android Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Mental Health Apps Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Mental Health Apps Market by Country, 2021 - 2027, USD Million
TABLE 25 China Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 26 China Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 27 China Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 28 China Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 29 China Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 30 China Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 31 Japan Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 32 Japan Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 33 Japan Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 34 Japan Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 35 Japan Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 36 Japan Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 37 India Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 38 India Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 39 India Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 40 India Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 41 India Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 42 India Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 43 South Korea Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 44 South Korea Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 45 South Korea Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 46 South Korea Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 47 South Korea Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 48 South Korea Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 49 Singapore Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 50 Singapore Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 51 Singapore Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 52 Singapore Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 53 Singapore Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 54 Singapore Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 55 Malaysia Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 56 Malaysia Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 57 Malaysia Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 58 Malaysia Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 59 Malaysia Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 60 Malaysia Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Mental Health Apps Market, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Mental Health Apps Market, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Mental Health Apps Market by Application, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Mental Health Apps Market by Application, 2021 - 2027, USD Million
TABLE 65 Rest of Asia Pacific Mental Health Apps Market by Platform Type, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific Mental Health Apps Market by Platform Type, 2021 - 2027, USD Million
TABLE 67 Key Information – Calm.com, Inc.
TABLE 68 Key Information – MoodMission Pty. Ltd.
TABLE 69 Key Information – Sanvello Health, Inc.
TABLE 70 Key Information – Headspace, Inc.
TABLE 71 Key Information – Flow Neuroscience AB
TABLE 72 Key Information – Youper, Inc.
TABLE 73 Key Information – Urban Massage Ltd.
TABLE 74 Key Information – Happify, Inc.
TABLE 75 Key Information – SilverCloud Health Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Headspace, Inc.