Mental health app market to grow to $6.5B by 2028

The global mental health app market is projected to grow to $6.5 billion by 2028, according to a recent market report from BCC Research.

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The “Mental Health Application: Technologies and Global Markets” report found that the global mental health app market will experience a compound annual growth rate of 16.6% between 2022 and 2028, according to a Nov. 13 news release.

This growth was identified in the report to be driven by technological innovations and a growing awareness of mental health needs globally, with privacy and data security being among the top priorities within the sector.

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