What is Wellness and Mental Health Apps Market?
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.
The market study is being classified by Type (General mental health app, Meditation app, Sleep apps, Anxiety app and Depression app others) and major geographies with country level break-up.
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 profiled in the study.
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. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Wellness and Mental Health Apps market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Wellness and Mental Health Apps market by Type, Application 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Promotion of Health Apps for Creating Positive Health Outcomes
- Increasing Preference of Mobile Apps
- Replacement of Traditional Healthcare Delivery Models by the Patient-Centric Care Model
- Availability of Free Software
- Growing Penetration of Smartphones
- Increasing Health Consciousness Among People
- Lack of Awareness Among the People about the Apps
Market Leaders and some 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 AudienceGovernment associations, Research organizations, Software vendors, Distributors and Others
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