Forbes June 17, 2022
Deloitte currently projects the global spending on mobile mental health apps alone will amount to almost $500 million in 2022, up from less than $300 million in 2021. And we can anticipate the total market for software solutions for mental conditions will be even larger. The global market for mental health software was estimated to be $1.9 billion in 2020, and it’s expected to reach $4.5 billion by 2026.
Key Facts On Mental Health
Mental health is a serious social and economic issue. According to the WHO, approximately 20% of the world’s population currently have a mental health condition, and this number is growing due to the ageing of the population we are seeing almost universally.