The Evolution of Mental Health Apps: Industry Insights and Key Metrics
Mental health industry is experiencing a record boom during the phase of digitization. Developing apps like Youper erases the shame of being mentally healthy by offering help via AI intervention and hence generating more therapies. As per Fortune Business Insights, in 2022 global mental health software applications market was $5.2 billion and will grow at a CAGR of 17.7% from 2023-2030.
The increasing rate of anxiety disorders, depression, and stress, especially in the Post-pandemic world has accelerated a surge into giving priority to mental health. Users appreciate the round-the-clock availability, scalability, and affordability of AI-based therapy.
Who's Leading the Way? – Top Players in AI Therapy
Among all the players, Youper stands out with its Youper app, an AI mental health-completed software. It was designed by a team that included psychiatrists and AI engineers. Youper utilizes CBT with emotional tone; it provides AI therapy chat services round the clock. The remaining apps in this category are Woebot, Wysa, and Talkspace.
Analytics, personalization, and better AI-human hybrid modeling are some that are to be addressed.
For a deeper dive into this topic, check out the full article here: Cost to Build a Mental Health App Like Youper
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