Global Depression Monitoring App market was valued at US$ 137.62 million in 2020 and is expected to reach US$ 1163.28 million by 2029, growing at a CAGR of 26.93% over the forecast period. Rising depressive disorders in the United States has aided the overall depression monitoring app market in the recent past and is expected to continue the same trend over the forecast period.
Request a sample Copy@ https://www.absolutemarketsinsights.com/request_sample.php?id=883
Increasing depressive disorders in the United States
Major depressive disorder affects approximately 7% of the United States population in a given year and approximately 16% of all individuals will experience major depression at least once in their lifetime. Despite the fact that depression is treatable, less than a quarter of individuals receive adequate care for this illness due to treatment access barriers, such as time and transportation constraints, long waiting lists, and a dearth of trained professionals to provide high-quality care. Access problems could be easily curbed through the use of technology; several studies have already demonstrated that telemedicine and Internet-based approaches are feasible and as effective as in-person treatment. The success of these distance approaches has resulted in considerable interest in the use of mobile phone apps as an alternative care delivery platform. Not only do mental healthcare apps have tremendous reach, but also patients can access these tools whenever they feel the need and as often as they like without having to wait until a mental health professional is available. Such reach is evident when considering that 68% of all adults in the United States own a smartphone, and approximately 45% own a tablet device. This factor is anticipated to drive the overall depression monitoring devices market over the forecast period.
Self-Assessment segment captured the largest share in 2020
Hundreds of apps for depression are available for download on one’s smart device, with the majority of these apps designed to be self-guided as many people do not want to share their mental health problems with professional on-board. Furthermore, people download depression treatment apps in terms of symptom severity, disability, and use of more traditional mental health services. In recent past, the development of new technologies and their worldwide spread have led the way to new therapeutic and screening tools in mental health. This is called m-health. This has seen exponential growth with more than 10,000 downloadable mental health smartphone applications (apps) associated with the extensive use of wearables such as smartbands or smartwatches. A user-centred design approach is needed to develop m-health tools to remain as close as possible to patient and physician expectations; this would mainly facilitate both improved retention rates and app implementation in professional healthcare practice. Such factors are anticipated to assist the overall depression monitoring devices market over the forecast period.
Enquiry Before Buying@ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=883
The Impact of Covid-19 on the Depression Monitoring App Market
The COVID-19 pandemic has likely brought many changes to how we live or in fact living currently and with it uncertainty, altered daily routines, financial pressures and social isolation are some of the added factors that are mounting up the pressure all the more. We may worry about getting sick, how long the pandemic will last, whether we will lose our job, and what the future will bring. Information overload, rumors and misinformation can make our life feel out of control and make it unclear what to do. During the pandemic situation, we may experience stress, anxiety, fear, sadness and loneliness. And mental health disorders, including anxiety and depression, can worsen. Surveys show a major increase in the number of U.S. adults who report symptoms of stress, anxiety and depression during the pandemic, compared with surveys before the pandemic. Some people have increased their use of alcohol or drugs, thinking that it can help them cope with their fears about the pandemic. Such factors have aided the usage of depression monitoring apps market in the recent years and are anticipated to aid the overall industry in the future years (2021 to 2029).
Request for Customization@ https://www.absolutemarketsinsights.com/request_for_customization.php?id=883
Depression Monitoring App Market:
- By Platform
- iPhone
- Android
- Others
- By Application
- Self-assessment
- Symptom monitoring
- Psychoeducation
- Psychological therapy
- Others
- By End User
- Individuals
- Corporates
- Others
- By Subscription Model
- Monthly
- Yearly
- By Geography
- North America
- U.S
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
For More Information Click @ https://www.absolutemarketsinsights.com/reports/Depression-Monitoring-App-Market--2021---2029-883
About Us:
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.
Contact Us:
Company: Absolute Markets Insights
Email id: [email protected]
Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
The Work Lab,Model Colony, Shivajinagar, Pune, MH, 411016
Website: https://www.absolutemarketsinsights.com