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Tuesday, October 31, 2023

Lucintel Forecasts Global Emerging Mental Health Device and Platform Market to Reach $13.2 Billion by 2030

According to a market report by Lucintel, the future of the global emerging mental health device and platform market looks promising with opportunities in the stress, anxiety, depression, and bipolar disorder applications. The global emerging mental health device and platform market is expected to reach an estimated $13.2 billion by 2030 with a CAGR of 22.5% from 2024 to 2030.

The major drivers for this market are growing demand for teleconsultation and mental support platforms and increasing preference for AI-driven mental health solutions.

A more than 150–page report is developed to understand trends, opportunity and forecast in laser rangefinder to 2030 by type (telescope laser rangefinders and hand-held laser rangefinders), application (military, construction, industrial, sports, forestry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, platforms and devices are the major segments of emerging mental health device and platform market by product type.

Lucintel forecast that platform is expected to witness highest growth over the forecast period due to its substantial preference among users to get connected with trained mental health specialists, self-help tools, and instructional contents on various mental health topics.

Within this market, depression will remain the largest segment due to growing use of mental health device and platforms among these patients for early intervention services, identify the symptoms of depression, and get quick treatment.

North America is expected to witness highest growth over the forecast period due to supportive funding for mental health research and development, availability of remote patient access to medical facilities, and growing numbers of individuals affected by anxiety and depression in the region. 

Electromedical Products, Ginger, Happify Health, Headspace, Pear Therapeutics, Quartet Health, Talkspace, Teladoc Health, Woebot Health, and Clarigent Health are the major suppliers in the emerging mental health device and platform market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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