Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Metaverse for Mental Health Market size was valued at USD 2.3 billion in 2024 and is anticipated to surpass USD 40.1 billion by 2037, registering a CAGR of 26.9% during the forecast timeline i.e. 2025-2037. In 2025, the industry size of metaverse for the mental health is evaluated at USD 2.9 billion.
Recent developments within the metaverse for mental health market are catalysing significant growth in mental health services, prompted by increasing awareness for mental health issues and the changing attitudes of consumers. For instance, in November 2024, Troodi, an AI-powered mental health coach created to promote kids' emotional well-being, was introduced by Troomi. On the Troomi Phone and Troomi Phone Pro, Troodi provides a kid-friendly companion for children to express their emotions while giving parents real-time insights—all within a safe, secure digital environment. These improvements evidently show the effectiveness of interventions in therapeutics.
Moreover, professional organizations and mental health practitioners are working on integrating AI-driven tools into the Metaverse to offer personalized therapy options where algorithms analyze user interactions and adjust treatment plans dynamically. For instance, in October 2023, OURA launched three new functionalities: Reflections, Daytime Stress, and Resilience. These functionalities were designed to help users understand the nature and timing of stress and healing in their daily routines, maintain equilibrium through resilience-enhancing daily practices, and lessen the negative effects of prolonged stress.
Furthermore, there is also a trend toward gamification, which involves elements usually found in games being used within mental health platforms to engage and help users develop habits to make therapy more engaging and fun. For instance, in July 2022, Goodville and WHO worked together to create a new in-game character, Florence that promotes and preserves mental and physical health. These trends reflect a dramatic paradigm shift away from outdated mental health care and toward innovative technologies that support user-experience. Consequently, creating a more supportive and accessible environment for individuals seeking mental health assistance.
Metaverse for Mental Health Sector: Growth Drivers and Challenges
Growth Drivers
- Telehealth Expansion: The development of telehealth is going to become a major growth enabler for the metaverse for mental health market. It provides an unprecedented access to therapeutic services using virtual environments. For instance, in March 2024, at five military hospitals, the Defense Health Agency has introduced a set of new digital health care resources. The resources, dubbed My Military Health, will provide convenient, individualized, and accessible care. Patients will be able to make appointments, use self-help wellness programs, and access automated clinical support for medical conditions. This shift reduces the stigma often associated with in-person visits and can foster flexible participation according to various populations' preferences.
- Diverse Treatment Modalities: In the metaverse for mental health market, diverse treatment modalities are increasingly regarded as a vital catalyst. By integrating multiple techniques such as CBT, mindfulness-based techniques, art therapy, and exposure therapy within virtual environments that can be very immersive and effective. For instance, in January 2024, it was revealed by the American Psychological Association that Schueller recently launched a study using SilverCloud, a digital therapeutic that provides cognitive behavioral therapy skills and practice exercises. In order to help people with anxiety, depression, insomnia, and other mental health-related problems. Such flexibility also ensures different preferences and therapeutic needs.
Challenges
- Lack of proficiency in managing stress and anxiety: In the metaverse for mental health market, lack of proficiency and the rising incidences of stress and anxiety pose an obstacle to deliver mental health-related solutions effectively. For instance, in January 2024, it was published by the American Psychological Association that as per the Kaiser Family Foundation and CNN survey in 2022, 90% of people believed the mental health crisis to exist in the US., and 1/3rd population experienced anxiety, more than 60% of respondents named shame and stigma as the primary obstacles to receiving care, and 80% named cost. In addition, in 2022 Covid-19 Practitioner Impact Survey unveiled, 60% of psychologists announced that there’s a severe shortage of mental health professionals
- Technical glitches and user experience: In the metaverse for the mental health market, technical problems potentially undermine the effectiveness of therapeutic interventions. Connectivity issues, software bugs, and lag are some of the interruptions that could ruin the immersion needed for successful therapy. Frustration and disengagement are likely to be the result of such occurrences. A smooth and user-friendly interface is a must for sustaining participant engagement and trust in digital mental health solutions. As the Metaverse continues to evolve, investing in robust technological infrastructure and continuous user feedback will be crucial to overcoming these hurdles and enhancing the overall therapeutic experience.
Metaverse for Mental Health Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
26.9% |
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Base Year Market Size (2024) |
USD 2.3 billion |
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Forecast Year Market Size (2037) |
USD 40.1 billion |
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Regional Scope |
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Metaverse for Mental Health Segmentation
Application (Therapy and Counseling, Mental Health Education, Mindfulness and Meditation)
Therapy and counseling segment is estimated to capture metaverse for mental health market share of over 72.5% by 2037. Such solutions relevant to mental stress and issues give consumers a reliable and releaved outcomes. For instance, in January 2024, the behavioral health virtual services platform was introduced by the Department of Health Care Services (DHCS) in collaboration with Brightline and Kooth US. It consists of two online applications: BrightLife Kids, for parents/caregivers and children aged 0–12. In addition, Soluna is for teens and young adults between 13-25 age. For users, both the apps provide free coaching services with certified behavioral health wellness coaches in both Spanish and English. Additionally, they provide age-appropriate educational materials, online tools and assessments, and telephone-based coaching.
Technology (Virtual Reality, Augmented Reality, Mixed Reality)
Based on technology, the virtual reality segment in the metaverse for mental health market is anticipated to account for the highest share owing to the promising landscape for advancements in well-being through technology. For instance, in September 2024, Wundrsight USD 400K seed funding round. Through this financial aid, it rendered the cutting-edge and immersive treatments for ailments such as anxiety, phobia, OCD, autism through platforms based on virtual reality (VR) and artificial intelligence (AI). In addition, it aimed at improving platform development, expanding operations in strategic cities, and strengthening relationships with hospitals, clinics, and rehabilitation facilities throughout India.
Our in-depth analysis of the global metaverse for mental health market includes the following segments:
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Application |
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Component |
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Technology |
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End user |
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Customize this ReportMetaverse for Mental Health Industry - Regional Synopsis
North America Market Statistics
North America in metaverse for mental health market is predicted to capture around 43.2% revenue share by the end of 2037. This growth is attributable to the relentless research and breakthroughs in imporving mental health of patients. For instance, in April 2024, Otsuka Pharmaceutical Development & Commercialization, Inc. announced the start of My Mental Health Journey, a long-term registry study designed to further mental health and depression research. The study will be conducted and participants recruited by Verily Life Sciences LLC (Verily).
The landscape of the metaverse for mental health market in the U.S. is witnessing rapid growth attributable to the initiatives and programs launched by the companies to promote well-being of its population. For instance, in December 2024, an observational study called "Technology Exposure and Child Health: Wellness Impact and Social Effects" was launched by Aura, the top all-in-one online safety solution for families and individuals, to determine how our children's use of technology affects their mental health.
The Canada metaverse for mental health market is experiencing robust growth owing to the supportive legislative and regulatory framework. For instance, in year 2023, the Health Canada's 2023-24 Departmental Plan, described that it prioritized five key areas in its collaborative work to improve Canada's healthcare system. It aimed to provide preventive care as well as equitable and effective health care by increasing the access to family health services, including mental health services.
Asia Pacific Market Analysis
The Asia Pacific is expected to be the fastest-growing metaverse for mental health market throughout 2037. The region provides a variety of access to medical aid, such as exposure therapy, stress-reduction and relaxation settings, virtual therapy sessions, mental health education platforms, and more. This market seeks to offer people easily accessible, efficient, and interesting mental health solutions by utilizing state-of-the-art technology.
The landscape of the metaverse for mental health market in India is significantly growing attributable to the government initiatives. For instance, in October 2022, the Government of India launched the National Tele Mental Health Programme (NTMHP), making significant contributions to the country's mental health system for the past two years. This initiative included the introduction of Tele MANAS (Tele Mental Health Assistance and Networking Across States), a nationwide toll-free helpline (14416) that provides a variety of mental health services. It offered telephone-based counseling, psychotherapy, psychiatric consultations, and referral services, including urgent care. In two years, more than 14.7 lakh calls were answered.
China in the metaverse for mental health market is witnessing a substantial and positive confluence due to advancements in technologies. For instance, in June 2022, the DPVR 4G/5G VR headset was released by DPVR, a Shanghai-based company. It designs and manufactures virtual reality devices. The new module makes it possible for the conference, education, training, and healthcare sectors to use VR headsets for mobile or remote work scenarios. Thus provides conducive environment for growth.
Companies Dominating the Metaverse for the Mental Health Landscape
- XRHealth
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- MindMaze
- Relax VR
- Psious
- Limbix
- Virtue
- PsycApps
- VRChat
- spatial
- Ovation VR
- Oxford VR
- Tribeca Care
- Luminous Cities
- Floreo, Inc
The company's landscape in the metaverse for mental health market is driven by acquisitions and mergers between companies. This aims to enhance their portfolios and offer efficient mental health solution-oriented services to cater the patient needs and provide better care. For instance, in July 2023, Big Health acquired Limbix with a unanimous emphasis on providing first-line digital therapies for a variety of mental health issues. This collaboration helped people gain benefits from digital depression therapies that have been clinically proven.
Here's the list of some key players in metaverse for mental health market:
In the News
- In May 2024, Ontrak Inc. announced the release of its ground-breaking Mental Health Digital Twin (MHDT) technology. This development blends data-driven insights with human empathy to offer individuals dealing with mental health issues.
- In April 2024, Adayu Mindfulness, a company within the Fortis Healthcare Group, partnered with United We Care to launch the free app Adayu to address the pressing needs of mental healthcare.
Author Credits: Radhika Pawar
- Report ID: 7178
- Published Date: Feb 18, 2025
- Report Format: PDF, PPT
