The North America Telepsychiatry Market would witness market growth of 18.5% CAGR during the forecast period (2020-2026). Telemedicine is a type of healthcare facility in which services are provided by the use of technology, mainly by using audio calls or videoconferencing. Telepsychiatry is considered as a sub-segment of telemedicine that ranges from mental health solutions like therapies, for family, individual, and groups; psychiatric evaluations, medication management, and patient education. In Telepsychiatry there is either direct communication between the psychiatrist and the patient or by the help of psychiatrist who supports primary health care providers who are specialized in mental health.
The increasing cases of suicide among teenagers and young adults is resulting in an increase in the need for mental health treatment. This is likely to boost the telepsychiatry market. The many advantages associated with the adoption of telepsychiatry including better continuity of care and follow-up treatments, reduction in need of transportation, almost no delays in care, and the no need to wait long hours at hospitals, are aiding in the telepsychiatry market growth. Furthermore, there is a lack of skilled professionals who are able to treat mental illness, varying regulatory scenario like the inclusion of certain compensation codes for telepsychiatry, are expected to contribute to the telepsychiatry market growth, as it offers accessibility between the psychiatrist and patients.
Based on Product, the market is segmented into In-home Solutions, Crisis Solution, Routine Solution, Forensic Solution and Other Products. Based on Application, the market is segmented into Community Mental Health Centers, Homecare, Skilled Nursing Facilities, Specialty Care Settings and Others. Based on Age Group, the market is segmented into Adult, Pediatric & Adolescent, and Geriatric. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Telepsychiatry Market in North America is expected to register a CAGR of 18.5% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include E-Psychiatry LLC, Advanced TeleMed Services, Inc., American Telepsychiatrists, Iris Healthcare, Inc., Encounter Telehealth, LLC, FasPsych, LLC (Pharos Capital Group, LLC), MDLive, Inc., InnovaTel Telepsychiatry, LLC, MYnd Analytics, Inc. (Arcadian Telepsychiatry), and SOC Telemed, Inc.
Scope of the North America Telepsychiatry Market Analysis
Market Segmentation:
By Product
- In-home Solutions
- Crisis Solution
- Routine Solution
- Forensic Solution
- Other Products
By Application
- Community Mental Health Centers
- Homecare
- Skilled Nursing Facilities
- Specialty Care Settings
- Others
By Age Group
- Adult
- Pediatric & Adolescent
- Geriatric
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- E-Psychiatry LLC
- Advanced TeleMed Services, Inc.
- American Telepsychiatrists
- Iris Healthcare, Inc.
- Encounter Telehealth, LLC
- FasPsych, LLC (Pharos Capital Group, LLC)
- MDLive, Inc.
- InnovaTel Telepsychiatry, LLC
- MYnd Analytics, Inc. (Arcadian Telepsychiatry)
- SOC Telemed, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Telepsychiatry Market, by Product
1.4.2 North America Telepsychiatry Market, by Application
1.4.3 North America Telepsychiatry Market, by Age Group
1.4.4 North America Telepsychiatry Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Telepsychiatry Market - Global
Chapter 4. North America Telepsychiatry Market by Product
4.1 North America In-home Solutions Market by Country
4.2 North America Crisis Solution Market by Country
4.3 North America Routine Solution Market by Country
4.4 North America Forensic Solution Market by Country
4.5 North America Other Products Market by Country
Chapter 5. North America Telepsychiatry Market by Application
5.1 North America Community Mental Health Centers Market by Country
5.2 North America Homecare Market by Country
5.3 North America Skilled Nursing Facilities Market by Country
5.4 North America Specialty Care Settings Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Telepsychiatry Market by Age Group
6.1 North America Adult Market by Country
6.2 North America Pediatric and Adolescent Market by Country
6.3 North America Geriatric Market by Country
Chapter 7. North America Telepsychiatry Market by Country
7.1 USA Telepsychiatry Market
7.1.1 USA Telepsychiatry Market by Product
7.1.2 USA Telepsychiatry Market by Application
7.1.3 USA Telepsychiatry Market by Age Group
7.2 Canada Telepsychiatry Market
7.2.1 Canada Telepsychiatry Market by Product
7.2.2 Canada Telepsychiatry Market by Application
7.2.3 Canada Telepsychiatry Market by Age Group
7.3 Mexico Telepsychiatry Market
7.3.1 Mexico Telepsychiatry Market by Product
7.3.2 Mexico Telepsychiatry Market by Application
7.3.3 Mexico Telepsychiatry Market by Age Group
7.4 Rest of North America Telepsychiatry Market
7.4.1 Rest of North America Telepsychiatry Market by Product
7.4.2 Rest of North America Telepsychiatry Market by Application
7.4.3 Rest of North America Telepsychiatry Market by Age Group
Chapter 8. Company Profiles
8.1 E-Psychiatry LLC
8.1.1 Company Overview
8.2 Advanced TeleMed Services, Inc.
8.2.1 Company Overview
8.3 American Telepsychiatrists
8.3.1 Company Overview
8.4 Iris Telehealth, Inc.
8.4.1 Company Overview
8.5 Encounter Telehealth, LLC
8.5.1 Company Overview
8.6 FasPsych, LLC (Pharos Capital Group, LLC)
8.6.1 Company Overview
8.7 MDLive, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Product Launches and Product Expansions:
8.8 InnovaTel Telepsychiatry, LLC
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.9 MYnd Analytics, Inc. (Arcadian Telepsychiatry)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. SOC Telemed, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Acquisition and Mergers:
TABLE 1 North America Telepsychiatry Market, 2016 - 2019, USD Million
TABLE 2 North America Telepsychiatry Market, 2020 - 2026, USD Million
TABLE 3 North America Telepsychiatry Market by Product, 2016 - 2019, USD Million
TABLE 4 North America Telepsychiatry Market by Product, 2020 - 2026, USD Million
TABLE 5 North America In-home Solutions Market by Country, 2016 - 2019, USD Million
TABLE 6 North America In-home Solutions Market by Country, 2020 - 2026, USD Million
TABLE 7 North America Crisis Solution Market by Country, 2016 - 2019, USD Million
TABLE 8 North America Crisis Solution Market by Country, 2020 - 2026, USD Million
TABLE 9 North America Routine Solution Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Routine Solution Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Forensic Solution Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Forensic Solution Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Other Products Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Other Products Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Telepsychiatry Market by Application, 2016 - 2019, USD Million
TABLE 16 North America Telepsychiatry Market by Application, 2020 - 2026, USD Million
TABLE 17 North America Community Mental Health Centers Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Community Mental Health Centers Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Homecare Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Homecare Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Skilled Nursing Facilities Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Skilled Nursing Facilities Market by Country, 2020 - 2026, USD Million
TABLE 23 North America Specialty Care Settings Market by Country, 2016 - 2019, USD Million
TABLE 24 North America Specialty Care Settings Market by Country, 2020 - 2026, USD Million
TABLE 25 North America Others Market by Country, 2016 - 2019, USD Million
TABLE 26 North America Others Market by Country, 2020 - 2026, USD Million
TABLE 27 North America Telepsychiatry Market by Age Group, 2016 - 2019, USD Million
TABLE 28 North America Telepsychiatry Market by Age Group, 2020 - 2026, USD Million
TABLE 29 North America Adult Market by Country, 2016 - 2019, USD Million
TABLE 30 North America Adult Market by Country, 2020 - 2026, USD Million
TABLE 31 North America Pediatric and Adolescent Market by Country, 2016 - 2019, USD Million
TABLE 32 North America Pediatric and Adolescent Market by Country, 2020 - 2026, USD Million
TABLE 33 North America Geriatric Market by Country, 2016 - 2019, USD Million
TABLE 34 North America Geriatric Market by Country, 2020 - 2026, USD Million
TABLE 35 North America Telepsychiatry Market by Country, 2016 - 2019, USD Million
TABLE 36 North America Telepsychiatry Market by Country, 2020 - 2026, USD Million
TABLE 37 USA Telepsychiatry Market, 2016 - 2019, USD Million
TABLE 38 USA Telepsychiatry Market, 2020 - 2026, USD Million
TABLE 39 USA Telepsychiatry Market by Product, 2016 - 2019, USD Million
TABLE 40 USA Telepsychiatry Market by Product, 2020 - 2026, USD Million
TABLE 41 USA Telepsychiatry Market by Application, 2016 - 2019, USD Million
TABLE 42 USA Telepsychiatry Market by Application, 2020 - 2026, USD Million
TABLE 43 USA Telepsychiatry Market by Age Group, 2016 - 2019, USD Million
TABLE 44 USA Telepsychiatry Market by Age Group, 2020 - 2026, USD Million
TABLE 45 Canada Telepsychiatry Market, 2016 - 2019, USD Million
TABLE 46 Canada Telepsychiatry Market, 2020 - 2026, USD Million
TABLE 47 Canada Telepsychiatry Market by Product, 2016 - 2019, USD Million
TABLE 48 Canada Telepsychiatry Market by Product, 2020 - 2026, USD Million
TABLE 49 Canada Telepsychiatry Market by Application, 2016 - 2019, USD Million
TABLE 50 Canada Telepsychiatry Market by Application, 2020 - 2026, USD Million
TABLE 51 Canada Telepsychiatry Market by Age Group, 2016 - 2019, USD Million
TABLE 52 Canada Telepsychiatry Market by Age Group, 2020 - 2026, USD Million
TABLE 53 Mexico Telepsychiatry Market, 2016 - 2019, USD Million
TABLE 54 Mexico Telepsychiatry Market, 2020 - 2026, USD Million
TABLE 55 Mexico Telepsychiatry Market by Product, 2016 - 2019, USD Million
TABLE 56 Mexico Telepsychiatry Market by Product, 2020 - 2026, USD Million
TABLE 57 Mexico Telepsychiatry Market by Application, 2016 - 2019, USD Million
TABLE 58 Mexico Telepsychiatry Market by Application, 2020 - 2026, USD Million
TABLE 59 Mexico Telepsychiatry Market by Age Group, 2016 - 2019, USD Million
TABLE 60 Mexico Telepsychiatry Market by Age Group, 2020 - 2026, USD Million
TABLE 61 Rest of North America Telepsychiatry Market, 2016 - 2019, USD Million
TABLE 62 Rest of North America Telepsychiatry Market, 2020 - 2026, USD Million
TABLE 63 Rest of North America Telepsychiatry Market by Product, 2016 - 2019, USD Million
TABLE 64 Rest of North America Telepsychiatry Market by Product, 2020 - 2026, USD Million
TABLE 65 Rest of North America Telepsychiatry Market by Application, 2016 - 2019, USD Million
TABLE 66 Rest of North America Telepsychiatry Market by Application, 2020 - 2026, USD Million
TABLE 67 Rest of North America Telepsychiatry Market by Age Group, 2016 - 2019, USD Million
TABLE 68 Rest of North America Telepsychiatry Market by Age Group, 2020 - 2026, USD Million
TABLE 69 key information – E-Psychiatry LLC
TABLE 70 Key information – Advanced TeleMed Services, Inc.
TABLE 71 Key Information – American Telepsychiatrists
TABLE 72 Key Information – Iris Healthcare, Inc.
TABLE 73 Key Information – Encounter Telehealth, LLC
TABLE 74 Key Information – FasPsych, LLC
TABLE 75 Key Information – MDLive, Inc.
TABLE 76 Key Information –InnovaTel Telepsychiatry, LLC
TABLE 77 Key Information – MYnd Analytics, Inc.
TABLE 78 Key Information – SOC Telemed, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: MDLive, Inc.
FIG 3 Recent strategies and developments: SOC Telemed, Inc.