Telepsychiatry Market size was over USD 11.9 billion in 2024 and is estimated to reach USD 77.5 billion by the end of 2037, expanding at a CAGR of 16.9% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the telepsychiatry is projected to be valued at USD 13.9 billion.
The market is fueled by increasing demand for accessible mental health care and growing awareness around mental health issues. As per an article posted by WHO, 40 million people globally suffered from bipolar disorder, in 2019. The article further states that 1 in every 300, comprising 24 million people worldwide, suffer from schizophrenia.
The COVID-19 pandemic highlighted the value of virtual mental health care, accelerating telepsychiatry adoption worldwide, as patients grew more comfortable with digital interactions. It triggered a 25% increase in the global prevalence of anxiety and depression, as per WHO. The convenience of remote care due to the rapidly increasing geriatric population is highly in demand. Telepsychiatry market services for specific demographics are also gaining momentum. Additionally, supportive government policies and funding initiatives in various regions are encouraging the growth of the market significantly. In 2021, the Seventy-fourth World Health Assembly endorsed updates to WHO’s Comprehensive Mental Health Action Plan 2013-2020.
Growth Drivers
Challenge
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
16.9% |
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Base Year Market Size (2024) |
USD 11.9 billion |
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Forecast Year Market Size (2037) |
USD 77.5 billion |
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Regional Scope |
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End use (Community mental health centres, Homecare settings, Skilled nursing facilities)
Community mental health centers segment is set to dominate around 43.9% telepsychiatry market share by the end of 2037. These centers often serve as critical access points for individuals in underserved or rural areas, where in-person psychiatric care can be limited. By adopting telepsychiatry, community centers can extend their reach, offering remote consultations, therapy, and crisis intervention to more patients in need. The convenience and scalability of telepsychiatry enable these centers to better meet growing mental demands, especially in regions where mental health services are scarce. Hence, the segment is projected to register significant growth.
Age Group (Adult, Geriatric, Paediatric)
Based on age group, the adult segment is anticipated to register a significant share in 2037, driven by rising mental health awareness and the growing demand for accessible care among working-age individuals. Adults often face unique pressures related to work, family, and financial responsibilities, increasing the need for convenient mental health support. Telepsychiatry meets the demand by offering flexible, remote care options that fit into busy schedules, making it easier for adults to seek therapy or psychiatric consultations without disrupting their daily routines. The high demand for mental health care positions the adult age group as a primary contributor to telepsychiatry market growth.
Our in-depth analysis of the telepsychiatry market includes the following segments
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Service Type |
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End use |
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Age Group |
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APAC Market Statistics
APAC telepsychiatry market is experiencing rapid growth as the region faces unique challenges such as high population density and varying access to mental health services, leading to a growing acceptance of telehealth solutions. Additionally, government initiatives promoting digital health and mental well-being, alongside the adoption of advanced technologies are driving the expansion of telepsychiatry services, particularly in urban areas. For instance, in March 2020, the Japan Ministry of Economy, Trade and Industry (METI) announced the launch of a free remote health consultation service in association with Line and Medpee.
India telepsychiatry market is poised for significant growth driven by the country’s high prevalence of mental health disorders, combined with a shortage of mental health professionals, creating a fertile ground for telepsychiatry solutions. Furthermore, the country is witnessing a rise of innovative startups offering teletherapy and counseling services which further propelling the market growth. As more people embrace digital health solutions, India is set to enhance its mental healthcare landscape through telepsychiatry.
China telepsychiatry market is gaining momentum as the local government has recognized the importance of mental health and is actively investing in telehealth infrastructure to enhance service delivery. Furthermore, the proliferation of mobile technology and internet access in urban and rural regions is facilitating the rapid adoption of telepsychiatry allowing patients to connect with mental health professionals.
North America Market Analysis
With a high prevalence of mental health disorders, both in urban and rural areas, telepsychiatry has emerged as a vital tool in bridging the gap between patients and providers. As per the National Institute of Mental Health, nearly 31.1% of U.S. adults experience an anxiety disorder at one time in their lives. Additionally, supportive legislation and insurance reimbursement policies are enhancing the viability of telepsychiatry services across the region.
U.S. telepsychiatry market is thriving, fueled by the combination of shifting societal attitudes towards virtual therapies. The country has a well-established telehealth infrastructure, which was further strengthened during the pandemic, furthermore, federal and state initiatives promoting telehealth, alongside expanding insurance coverage for telepsychiatry have made mental health services more accessible to a diverse population.
Canada telepsychiatry market is driven by the need for improved access to mental health services in the sparsely populated country. The increased integration of digital health technologies is also enhancing the quality and responsiveness of telepsychiatry in the country. This growing comfort with digital platforms, coupled with a strong emphasis on mental health awareness, is driving increased adoption of telepsychiatry in the country.
Prominent players in the global telepsychiatry market are employing various strategies to enhance their offerings and expand their reach. A prominent strategy is the development of user-friendly digital platforms. Partnerships with healthcare providers and insurance companies are also common, enabling broader service integration and reimbursement options. Additionally, firms are investing in advanced technologies including AI and data analytics to improve patient outcomes through personalized treatment plans and real-time monitoring. Some of these prominent players are:
Author Credits: Radhika Pawar
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