Growing Focus of Indian towards Mental Health Bolster the Growth of the Telepsychiatry Market

Published: Jan 2024

The global telepsychiatry market is anticipated to grow at a CAGR of 19.5% during the forecast period (2023-2030). Telepsychiatry plays a critical role in improving access to mental health care, with over one in three outpatient visits being delivered by telehealth, according to Kaiser Family Foundation (for instance, 35% and 38% of outpatient visits were over telehealth for depression or anxiety, respectively). WHO estimates that the burden of mental health problems in India is 2443 disability-adjusted life years (DALYs) per 100 00 population; the age-adjusted suicide rate per 100 000 population is 21.1. The economic loss due to mental health conditions, between 2012-2030, is estimated at USD 1.03 trillion. The use of artificial intelligence (AI) and machine learning (ML) to assess mental health status and suicidal tendencies through apps and telehealth consultation is the new frontier in the battle against mental health disorders.

Browse the full report description of “Telepsychiatry Market Size, Share & Trends Analysis Report by Product (In-Home Solutions, Forensic Solutions, Routine Solutions, and Crisis Solutions), by Age-Group (Pediatric, Adult, and Geriatric), by End-User (Community Mental Health Centers, Specialty Care Settings, Homecare, Operation Management, and Other (Skilled Nursing Facilities)) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/telepsychiatry-market

They can also act as the crucial bridge between India's high population and the corresponding number of psychiatrists. At an average of 0.75 mental health professional for every 100,000 people, the anomaly is reflected on the ground where millions of people dealing with mental health issues continue to suffer because of stigma, ignorance and the unavailability of trained mental health professionals. Telehealth, social media apps, AI, robots, algorithm, and other cutting edge technologies are providing the public, doctors, and researcher new ways to access help, monitor progress, and increase understanding of mental well-being. The growing focus of Indians towards the use of technology to feel this gap is anticipated to drive the growth of the global market.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Product

o Age Group

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- innovaTel, Advanced Telemed Services, SOC Telemed, Iris Telehealth, and e-Psychiatry among others

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Telepsychiatry Market Report Segment

By Product

  • In-Home Solutions
  • Forensic Solutions
  • Routine Solutions
  • Crisis Solutions 

By Age group

  • Pediatric
  • Adult
  • Geriatric

By End-User

  • Community Mental Health Centers
  • Specialty Care Settings
  • Homecare
  • Operation Management
  • Other (Skilled Nursing Facilities)

Global Telepsychiatry Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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