Digital Psychotherapeutics Market 2023 | Outlook, Growth By Top Companies, Regions, Types, Applications, Drivers, Trends & Forecasts by 2032

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Digital Psychotherapeutics Market Size, Growth
Trends, Top Players, Application Potential and
Forecast to 2032
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• Industry Insights

• Digital Psychotherapeutics Market size is poised
  to register 29.4 CAGR from 2023-2032, on account
  of the rising implementation of mental health and
  well-being programs.
• The growing importance of employee assistance
  programs (EAPs) and workplace wellness
  initiatives is witnessing the higher
  incorporation of digital psychotherapeutics.
• To illustrate, in April 2022, Canada's premier
  virtual care and wellness brand Dialogue
  introduced Mental Health, its new iCBT
  (internet-based cognitive behavioural therapy)
  program for responding to the evolving mental
  health challenges in organizations.
• The greater emphasis laid by companies on user
  experience and designs for creating more engaging
  and user-friendly digital psychotherapeutic
  platforms to enhance user engagement and
  adherence to treatment will boost the market
  growth.

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• In terms of solution, the market size from the
  monotherapy segment may record 27.6 CAGR from
  2023-2032 driven by the surging adoption of
  several digital tools and interventions as
  standalone treatments to treat mental health
  conditions.
• The increasing usage of apps providing guided
  meditation sessions, breathing exercises, and
  relaxation techniques focusing on mindfulness and
  meditation to cater to stress reduction and
  anxiety will also drive the market growth.
• On the basis of indication, the digital
  psychotherapeutics market value from the
  psychotic disorders segment is expected to
  observe 30.8 CAGR through 2032.
• The growth can be attributed to the rising need
  for digital platforms to provide psychoeducation,
  coping strategies, and rendering support for
  individuals experiencing psychotic symptoms.
• The increasing developments in mobile
  applications and online platforms deployed with
  mood tracking and symptom monitoring to provide
  care to affected individuals will boost the
  segment expansion.

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• Regional Analysis

• Regionally, Asia Pacific digital
  psychotherapeutics industry size is projected to
  record 31 CAGR through 2032.
• The growing awareness of mental health issues in
  the region is leading to the development of
  mobile applications and online platforms to
  render mental health support through therapy
  sessions, mood tracking, and meditation
  exercises. The surging government support and the
  rise in the number of corporate wellness programs
  will also add to the regional market growth.

• Competitive Analysis

• Novartis AG
• Pear Therapeutics
• SilverCloud Health
• Woebot Health
• Starling Minds
• SwissDT
• AbleTo, Inc.

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