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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Telepsychiatry Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Telehealth
- Epsychiatry Pty. Ltd.
- CB Information Services, Inc.
- eVisit
- Advanced TeleMed Service
- innovaTel
- American Telepsychiatrists
- Encounter Telepsychiatry
- JSA Health Telepsychiatry, LLC
- Arcadian Telepsychiatry, LLC
- Genoa
- FasPsych, LLC
- General Electric
- TeleSpecialists
- Chiron Health
- Zipnosis
- Medtronic
- Iris Telehealth Inc.
- MDLIVE
- SOC Telemed
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Telepsychiatry Market Report Snapshots
Telepsychiatry Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 11.8 billion in 2023, driven by the increasing prevalence of mobile health across the globe.
The market is anticipated to grow at a CAGR of 23.03% during the forecast period of 2024-2032, likely to reach a market value of USD 75.9 billion by 2032.
The rising prevalence of mental health disorders, triggered by the stressful lifestyles and unhealthy lifestyles, has propelled the demand for telepsychiatry services.
The major market trend involves the growing integration of artificial intelligence tools in telepsychiatry platforms. In April 2023, BlockAI.Care launched an artificial intelligence powered mobile health tracking platform.
Based on service types, the market is divided into in-home solutions, forensic solutions, routine solutions, and crisis solution, among others.
Major end users include community mental health centres, specialty care settings, skilled nursing facilities, and homecare, among others.
Videoconferencing, store-and-forward and remote patient monitoring are common technologies available in the market.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
Key players involved in the market are Telehealth, Epsychiatry Pty. Ltd., CB Information Services, Inc., eVisit, Advanced TeleMed Service, innovate, American Telepsychiatrists, Encounter Telepsychiatry, JSA Health Telepsychiatry, LLC., Arcadian Telepsychiatry, LLC, Genoa, FasPsych, LLC., General Electric, TeleSpecialists, Chiron Health, Zipnosis, Medtronic, Iris Telehealth Inc., MDLIVE and SOC Telemed.
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