Emerging Mental Health Devices & Platforms

Emerging Mental Health Devices & Platforms Market Research Report: Forecast (2021-2026)

By Application (Stress, Anxiety, Depression, Bipolar Disorder, Schizophrenia, Others {Dementia, Autism, etc.}) , By Type (Platforms, Devices, EEG and ECG head band, Wearable Tracker, Others {Brain-Sen Read more

  • Healthcare
  • Oct 2021
  • 221
  • HC10238

WHO defines health as a state of complete physical, mental & social well-being, and not just the absence of disease. Technology-based assessments are gaining popularity as important therapeutic tools to track the mental health of an individual.

The mental health devices & platforms help gather information, assess a person’s activity, and have tremendous potential for growth as the early detection of a person’s mental health is becoming important to save the individual’s life.

The Global Emerging Mental Health Devices & Platforms Market is anticipated to grow at a CAGR of around 23.3% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The burgeoning workload & increasing stress levels at workplaces that encourage the severity of mental illnesses is the most prominent factor contributing to the rising demand for Mental Health Devices & Platforms. 

Moreover, the surging demand for teleconsultations in the wake of the COVID-19 pandemic, snowballing investments in the digital mental health landscape, and the accelerated adoption of digital mental health solutions in emerging economies are other critical factors fueling the market growth.

Moreover, an increase in mental health start-ups is also significantly boosting the market. According to Forbes, venture capital funding for mental health has touched the skies over the past few years. In 2020 alone, investors poured around $1.5 Billion into the market. Additionally, the mounting focus of companies on innovatively making mental health care more accessible & reasonable also augments the overall market growth, further states the research report, “Global Emerging Mental Health Devices & Platforms Market Analysis, 2021.”

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 23.3%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain, Others
Asia-Pacific: China, India, Japan, South Korea, Australia, Others
South America: Brazil, and Argentina
Middle East & Africa: UAE, Saudi Arabia, South Africa
Key Companies Profiled AbleTo Inc., Calm, Electromedical Products International Inc., Flow Neuroscience AB, Ginger, Happify Health, Headspace Inc., Lyra Health Inc., Monsenso A/S, Neuronetics, Pear Therapeutics, Inc., Psious, Quartet Health, Talkspace, Teladoc Health, Inc., Woebot Health, Ybrain Inc., Bioself Technology Ltd, Innovative Neurological Devices, Lief Therapeutics, NeuroSigma, Inc, Sentio Solutions Inc.
Unit Denominations USD Million/Billion

 

Impact of COVID-19 Outbreak on the Global Emerging Mental Health Devices & Platforms Market

  • According to the WHO, the COVID-19 pandemic partially halted critical mental health services across 93% of countries worldwide last year while the demand for mental health is rising tremendously.
  • The pandemic had a devastating impact on access to mental health services and cited the urgent need for increased funding.
  • However, the pandemic positively affected the anxiety disorders & depression treatment market, which has increased the sales of mental health managing devices.
  • Within one month of the pandemic, there was a reported 18.6% increase in antidepressant prescriptions, 34.1% surge in prescriptions for anti-anxiety medications, and a 14.8% rise in common anti-insomnia drugs in the United States.
  • A survey conducted by the WHO in 2020 stated that more than 80% of the developed countries organized teletherapy to offer necessary consultations to patients suffering from depressions & anxiety disorders.
  • Nevertheless, the overall positive impact of the pandemic on the market led to an increased demand for mental services since they are fundamental to overall well-being.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of Covid-19 on Global Emerging Mental Health Devices & Platforms Market
  4. Global Artificial Intelligence in Neurology Market Start-up Ecosystem, 2016-2021
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  5. Global Emerging Mental Health Devices & Platforms Policies & Regulations
  6. Global Emerging Mental Health Devices & Platforms Market Trends & Development
  7. Global Emerging Mental Health Devices & Platforms Market Dynamics
    1. Impact Analysis
    2. Drivers
    3. Challenges
  8. Global Emerging Mental Health Devices & Platforms Market Hotspot & Opportunities
  9. Global Emerging Mental Health Devices & Platforms Market Key Strategic Imperatives for Success & Growth
  10. Global Emerging Mental Health Devices & Platforms Market Analysis, 2018-2026
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
        1. Stress
        2. Anxiety
        3. Depression
        4. Bipolar Disorder
        5. Schizophrenia
        6. Others (Dementia, Autism, etc.)
      2. By Type
        1. Platforms
        2. Devices
          1. EEG and ECG head band
          2. Wearable Tracker
          3. Others (Brain-Sensing Device, etc)
      3. By Therapy
        1. Cognitive Behavioral Therapy(CBT)
        2. Electrotherapy
        3. Others (Interpersonal Therapy, Eye Movement Desensitization and Reprocessing (EMDR), Hypnotherapy, etc.)
      4. By End-User
        1. Clinics & Hospitals
        2. Employers
        3. Patients
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
  11. North America Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Type
      3. By Therapy
      4. By End-User
      5. By Country
        1.  The US
        2.  Canada
        3.  Mexico
    3. The US Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1.  By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    4. Canada Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    5. Mexico Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
  12. South America Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Type
      3. By Therapy
      4. By End-User
      5. By Country
        1. Brazil
        2. Others
  13. Europe Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Type
      3. By Therapy
      4. By End-User
      5. By Country
        1. UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Others
    3.  UK Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    4.  Germany Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    5.  France Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    6.  Italy Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    7.  Spain Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
  14.  Middle East & Africa Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Type
      3. By Therapy
      4. By End-User
      5. By Country
        1. UAE
        2. Saudi Arabia
        3. South Africa
        4. Others
  15. Asia Pacific Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Type
      3. By Therapy
      4. By End-User
      5. By Country
        1. India
        2. China
        3. Japan
        4. Australia
        5. South Korea
        6. Others
    3.  India Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    4.  China Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    5.  Japan Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    6. Australia Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
    7.  South Korea Emerging Mental Health Devices & Platforms Market Outlook, 2018-2026
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Type
  16. Competitive Benchmarking
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
  17. Company Profile
    1. AbleTo Inc.
    2. Calm
    3. Electromedical Products International Inc.
    4. Flow Neuroscience AB
    5. Ginger
    6. Happify Health
    7. Headspace Inc.
    8. Lyra Health Inc.
    9. Monsenso A/S
    10. Neuronetics
    11. Pear Therapeutics, Inc.
    12. Psious
    13. Quartet Health
    14. Talkspace
    15. Teladoc Health, Inc.
    16. Woebot Health
    17. Ybrain Inc.
    18. Bioself Technology Ltd
    19. Innovative Neurological Devices
    20. Lief Therapeutics
    21. NeuroSigma, Inc
    22. Sentio Solutions Inc
  18. Disclaimer
Emerging Mental Health Devices & Platforms Market Segmentation
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