The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the chatbots for mental health and therapy industry?
The rise in mental health demand is expected to propel the growth of chatbots in the mental health and therapy markets going forward. Mental health demand refers to the increasing need for mental health services, resources, and support systems to address the growing prevalence of mental health disorders and related challenges within a population. The demand for mental health is rising due to increased awareness about mental health issues, accessibility and availability, trauma and adverse experiences, and workplace stress. Chatbots provide psychoeducational resources, self-help tools, and evidence-based treatments to assist users in gaining knowledge and skills for managing their mental health efficiently. It also provides round-the-clock availability, allowing anyone to seek help at any time, regardless of their location or time zone. For instance, in August 2022, according to a study by the Royal College of Psychiatrists (RCPsych), a UK-based professional membership organization, in 2022/2023, the spending on mental health services in England was $290.55 per person. In 2023/2024, this amount increased to $322.01. Therefore, the rise in mental health demand is driving the growth of chatbots in the mental health and therapy market .
Access Your Free Sample of the Global Amusement Parks Global Market Report 2025 Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=14666&type=smp
What is the estimated market size of the chatbots for mental health and therapy sector by 2029, based on current forecasts?
The chatbots for mental health and therapy market size has grown strongly in recent years. It will grow from $1.27 billion in 2024 to $1.38 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to rise in the demand for accessible mental health services, growth in awareness of mental health, increased mental health awareness, increased prevalence of mental health disorders, advancements in natural language processing (NLP) and machine learning algorithms.
The chatbots for mental health and therapy market size is expected to see strong growth in the next few years. It will grow to $1.95 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to the growing need for scalable therapy solutions, growing acceptance and adoption of digital health technologies, rising awareness about mental health issues, rising awareness towards the benefits of chatbots for mental health, growing need for scalable therapy solutions. Major trends in the forecast period include technological advancements, expansion of teletherapy capabilities, integration of virtual reality for immersive experiences, integration with wearable devices and other digital health tools, and expansion of crisis intervention features.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=14666&type=smp
#Who are the top players in the chatbots for mental health and therapy market?
Major companies operating in the chatbots for mental health and therapy market are Talkspace Online Therapy Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Twilio Inc., Teladoc Health Inc., BetterHelp, Calm.com Inc., American Well Corp., Headspace Inc., Doctor On Demand Inc., MDLIVE, HelloSelf Limited, Mindstrong Inc., Lyra Health Inc., Valant, Welligent, Sensely Inc., LISSUN, Wysa Ltd., Happify Inc.
#What are the major trends in the chatbots for mental health and therapy market?
Major companies operating in the chatbots for mental health and therapy market are focusing on developing advanced solutions with the integration of technological solutions, such as state-of-the-art natural language processing algorithms, to gain a competitive edge in the market. NLP algorithms enable mental health chatbots to comprehend, empathize, and communicate effectively with users, resulting in more natural, personalized, and supportive interactions that aid in mental health care and therapy. For instance, in July 2023, TalkThru, a US-based professional therapy digitally accessible platform, launched an AI therapist, an advanced mental health chatbot. It uses innovative natural language processing algorithms, allowing it to engage in sensitive and meaningful interactions with users. By using AI therapist, individuals may enjoy private and confidential treatment sessions whenever and wherever they want. This solution provides 24/7 accessibility, personalized support, and reduces stigma. It’s user-friendly design allows people to easily understand the platform and participate in therapeutic sessions, making mental health support more accessible and effective.
Which geography holds the highest chatbots for mental health and therapy market share?
North America was the largest region in the chatbots for mental health and therapy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chatbots for mental health and therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
How do different segments contribute to the overall expansion of the chatbots for mental health and therapy market?
The chatbots for mental health and therapy market covered in this report is segmented –
1) By Component: Software As A Service (SaaS), Other Components
2) By Technology: Machine Learning And Deep Learning, Natural Language Processing, Other Technologies
3) By Application: Conversational Interfaces, Behavioral Pattern Recognition, Other Applications
Subsegments:
1) By Software As A Service (SaaS): Cloud-Based Chatbots, AI-Powered Therapy Bots, Cognitive Behavioral Therapy (CBT) Chatbots, Emotion Detection and Sentiment Analysis Tools, Conversational AI Platforms, Natural Language Processing (NLP) Bots, Self-Help and Well-Being Chatbots, Integration with Telehealth Platforms, Mobile App-Based Therapy Chatbots
2) By Other Components: On-Premises Deployment, Customization and Personalization Services, Consulting and Advisory Services, Implementation and Integration Services, Training and Education Services, Support and Maintenance Services, Data Privacy and Security Solutions
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14666
What defines the structure and scope of the chatbots for mental health and therapy market?
Chatbots for mental health and therapy refer to software applications powered by artificial intelligence (AI) and natural language processing (NLP) technologies, designed to provide mental health support and therapy services through text- or voice-based interactions. These chatbots aim to democratize access to mental health services, increase self-awareness and emotional resilience, and build a proactive mental health care culture.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
