Cognitive Behavioral Therapy Apps Market Growth Size | 2031
Cognitive Behavioral Therapy Apps Market Growth Size | 2031
Segments - Cognitive Behavioral Therapy Apps Market by Platform (Android and iOS), Subscription Type (Paid Apps and Free Apps), Application (Stress Management, Anxiety & Depression Management, Meditation Management, Wellness Management, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :HC-5064
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| 189 Pages
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Report Description
Cognitive Behavioral Therapy Apps Market
The global cognitive behavioral therapy apps market size was USD 5.58 Billion in 2022 and is likely to reach USD 21.72 Billion by 2031, expanding at a CAGR of 16.3% during 2023–2031. Increasing awareness regarding mental health among individuals is projected to boost the market.
Cognitive behavioral therapy is a talking therapy, which helps manage problems by changing the way an individual thinks and behaves. It is basically a psychological treatment, which is considered essential and effective for a range of severe mental illnesses such as anxiety, depression, phobia, mood disorders, personality disorders, trauma, and substance disorders.
Numerous research studies suggest that cognitive behavioral therapy is more effective than other forms of psychological therapy and psychiatric medications. Cognitive behavioral therapy apps are tools that can be accessed through smartphones and other mobile devices, which are specially designed to provide mental health care assistance to the patient.
It monitors and tracks the behavioral data of patients. These apps help users become more self-aware by allowing them to control their moods and cultivate positive thinking. It reduces the risk of depression and can boost the spirits and productivity of individuals.
The market report finds that the COVID-19 pandemic propelled the cognitive behavioral therapy apps market. Problems such as depression, anxiety, and phobia have increased among youngsters as the outbreak of the virus created unexpected life changes. Thus, boosting the demand for these apps.
Cognitive Behavioral Therapy Apps Market Dynamics
Major Drivers
Increasing usage of mHealth apps and rising self-awareness among the population are major factors driving the market in the coming years. mHealth apps are beneficial for practicing self-awareness, as it improves decision-making skills and confidence in individuals.
Growing usage of smart devices at a rapid pace and rising government funding to adopt electronic health records (EHR) in mental health institutes accelerates the market. Rising acceptance of virtual care services for behavioral health therapies, which boosted the market.
Rising awareness about behavioral therapy is another major factor fueling the market. Behavioral therapy helps individuals in changing disturbing or destructive thoughts that have a negative influence on their emotions and behavior.
Existing Restraints
Increasing data privacy concerns due to the lack of adequate security are expected to hinder the market. Moreover, lack of awareness about treatment options, especially in the rural population is anticipated to restrain the market during the projected period.
Emerging Opportunities
The rapid expansion of advanced technologies and the growing investments in R&D creates lucrative growth opportunities in the market. Furthermore, rising development of advanced software, the emergence of telehealth, and rising penetration of smartphones and internet-related apps are likely to create opportunities in the market.
Scope of Cognitive Behavioral Therapy Apps Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Cognitive Behavioral Therapy Apps Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Platform (Android and iOS), Subscription Type (Paid Apps and Free Apps), and Application (Stress Management, Anxiety & Depression Management, Meditation Management, Wellness Management, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
CVS Health; 7 Cups of Tea Co.; Calm; Flow Neuroscience; Happify, Inc.; Headspace Inc.; K Health; Mayo Foundation for Medical Education and Research (MFMER); Mindscapes; MoodMission (Squarespace); Moodnotes; MoodTools; NOCD Inc.; Recovery Record; Sanvello Health; SilverCloud; URBAN; Youper Inc. |
Cognitive Behavioral Therapy Apps Market Segment Insights
Platform Segment Analysis
On the basis of platform, the cognitive behavioral therapy apps market is segmented into android and iOS. The android segment is expected to expand at a significant pace during the projection period, due to the rising usage of android phones. However, increasing production of smartphones and marketing at a low cost is likely to boost the demand for android apps.
Subscription Type Segment Analysis
Based on subscription type, the market is bifurcated into paid apps and free apps. The paid apps segment is anticipated to expand at a considerable CAGR during the projection period, owing to the service offered by paid subscriptions such as tele prescription and teleconsultation.
Furthermore, improved prescription alerts, immediate access to care, and improved patient engagement in paid apps are likely to propel the segment.
Application Segment Analysis
On the basis of application, the market is segregated into stress management, anxiety & depression management, meditation management, wellness management, and others. The anxiety & depression management segment held a major share of the market in 2021 and is expected to generate high revenue in the coming years, due to the rapid increase in suicide rate across the globe.
Depression is the primary cause of suicide. As per the World Health Organization (WHO), more than 700,000 people die every year by committing suicide, caused by depression. Furthermore, in 2020, around 264 million people suffered from depression.
Cognitive Behavioral Therapy Apps Market Regional Analysis
In terms of region, the global cognitive behavioral therapy apps market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market in the coming years, due to the presence of prominent players.
According to the American Psychiatric Association, around 6% of US citizens aged above 18 years suffer from major depressive disorder every year. Therefore, growing awareness related to different disorders, rising anxiety and depression problems among the adults and geriatric population, and increasing penetration of the internet are likely to further boost the market in North America.
Segments
Platform
- Android
- iOS
Subscription Type
- Paid Apps
- Free Apps
Application
- Stress Management
- Anxiety & Depression Management
- Meditation Management
- Wellness Management
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- CVS Health
- 7 Cups of Tea Co.
- Calm
- Flow Neuroscience
- Happify, Inc.
- Headspace Inc.
- K Health
- Mayo Foundation for Medical Education and Research (MFMER)
- Mindscapes
- MoodMission (Squarespace)
- Moodnotes
- MoodTools
- NOCD Inc.
- Recovery Record
- Sanvello Health
- SilverCloud
- URBAN
- Youper Inc.
Competitive Landscape
Key players in the global cognitive behavioral therapy apps market are CVS Health; 7 Cups of Tea Co.; Calm; Flow Neuroscience; Happify, Inc.; Headspace Inc.; K Health; Mayo Foundation for Medical Education and Research (MFMER); Mindscapes; MoodMission (Squarespace); Moodnotes; MoodTools; NOCD Inc.; Recovery Record; Sanvello Health; SilverCloud; URBAN; and Youper Inc.
These companies engage in mergers, partnerships, acquisitions, collaboration, and product launches to increase their consumer base worldwide. For instance,
- On May 19, 2022, Amwell launched the Amwell Comprehensive Behavioral Health Program. This new program offers a digital mental health tool with optional coaching and virtual therapy depending on patients’ requirements.
- On August 25, 2021, Headspace and Ginger entered into an agreement to meet surging global demand for mental health support. Headspace Health offers the world’s most accessible and comprehensive digital mental health and well-being platform through this agreement.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Cognitive Behavioral Therapy Apps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cognitive Behavioral Therapy Apps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cognitive Behavioral Therapy Apps Market - Supply Chain
4.5. Global Cognitive Behavioral Therapy Apps Market Forecast
4.5.1. Cognitive Behavioral Therapy Apps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cognitive Behavioral Therapy Apps Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Cognitive Behavioral Therapy Apps Market Absolute $ Opportunity
5. Global Cognitive Behavioral Therapy Apps Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Applications
5.3.1. Stress Management
5.3.2. Anxiety & Depression Management
5.3.3. Meditation Management
5.3.4. Wellness Management
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Cognitive Behavioral Therapy Apps Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Cognitive Behavioral Therapy Apps Demand Share Forecast, 2019-2026
7. North America Cognitive Behavioral Therapy Apps Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Applications
7.4.1. Stress Management
7.4.2. Anxiety & Depression Management
7.4.3. Meditation Management
7.4.4. Wellness Management
7.4.5. Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Cognitive Behavioral Therapy Apps Demand Share Forecast, 2019-2026
8. Latin America Cognitive Behavioral Therapy Apps Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Applications
8.4.1. Stress Management
8.4.2. Anxiety & Depression Management
8.4.3. Meditation Management
8.4.4. Wellness Management
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Cognitive Behavioral Therapy Apps Demand Share Forecast, 2019-2026
9. Europe Cognitive Behavioral Therapy Apps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Applications
9.4.1. Stress Management
9.4.2. Anxiety & Depression Management
9.4.3. Meditation Management
9.4.4. Wellness Management
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Cognitive Behavioral Therapy Apps Demand Share Forecast, 2019-2026
10. Asia Pacific Cognitive Behavioral Therapy Apps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Applications
10.4.1. Stress Management
10.4.2. Anxiety & Depression Management
10.4.3. Meditation Management
10.4.4. Wellness Management
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Cognitive Behavioral Therapy Apps Demand Share Forecast, 2019-2026
11. Middle East & Africa Cognitive Behavioral Therapy Apps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Cognitive Behavioral Therapy Apps Market Size and Volume Forecast by Applications
11.4.1. Stress Management
11.4.2. Anxiety & Depression Management
11.4.3. Meditation Management
11.4.4. Wellness Management
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Cognitive Behavioral Therapy Apps Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Cognitive Behavioral Therapy Apps Market: Market Share Analysis
12.2. Cognitive Behavioral Therapy Apps Distributors and Customers
12.3. Cognitive Behavioral Therapy Apps Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. CVS Health
12.4.2. 7 Cups of Tea Co.
12.4.3. Calm
12.4.4. Flow Neuroscience
12.4.5. Happify, Inc.
12.4.6. Headspace Inc.
12.4.7. K Health
12.4.8. Mayo Foundation for Medical Education and Research (MFMER)
12.4.9. Mindscapes
12.4.10. MoodMission (Squarespace)
12.4.11. Moodnotes
12.4.12. MoodTools
12.4.13. NOCD Inc.
12.4.14. Recovery Record
12.4.15. Sanvello Health
12.4.16. SilverCloud
12.4.17. URBAN
12.4.18. Youper Inc.
Methodology
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