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Mental Health Screening Market Size, Share Forecast Report 2024 – 2030

Mental Health Screening Market Assessment, Size, Value, Share, Growth, Trends, Competition, Industry Analysis, Actionable Insights Report; By Screening Method, By Technology, By Application, By Age Group, By Setting, By Region and By Country; Outlook and Forecasts, 2024 – 2030

Report ID: VMRC1286

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Published Date: Oct, 2024

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No Of Pages: 230

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Format : Mental Health Screening Market Size, Share Forecast Report 2024 – 2030 Report Available in PDF, Excel, PPT and Excel

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Base Year: 2023

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Report Summary

The Global Mental Health Screening Market is forecasted to achieve a CAGR of 12% during the forecast period spanning from 2024 to 2030. In 2023, the market size for Mental Health Screening was valued at USD 927 million, and it is anticipated to reach about USD 2 Billion by 2030. Several factors are driving the growth of the mental health screening market, including heightened awareness and destigmatization of mental health issues, an increasing focus on early intervention and prevention measures, a growing emphasis on remote monitoring technologies, a rising awareness of mental wellbeing in the workplace, an increasing advocacy for mental health parity, and ongoing technological advancements in screening tools.

Mental Health Screening Market Overview and Insights

Mental health screening represents a proactive method for evaluating an individual's mental well-being, focusing on the early detection of potential mental health issues or disorders. This thorough assessment utilizes standardized tools, questionnaires, interviews, or assessments to examine various aspects of psychological functioning, including mood, cognition, behavior, and emotional stability. By identifying and analyzing a range of conditions such as behavioral disorders, cognitive impairments, physiological anomalies, and psychiatric illnesses, mental health screening aims to offer timely interventions and support. These evaluations occur across diverse settings, including healthcare facilities, schools, workplaces, and community centers, often administered by trained professionals or through self-administered methods to enhance accessibility and convenience.

The mental health screening market is driven by several significant factors. Heightened awareness of mental health issues has sparked a notable shift in societal attitudes toward seeking help. This cultural transformation has notably reduced the stigma surrounding mental health, encouraging individuals to embrace proactive screening as part of their overall healthcare regimen. Furthermore, advancements in screening technologies, particularly within digital health, have led to innovative developments. Tools such as artificial intelligence (AI), telepsychiatry platforms, and mobile applications have emerged as transformative aids, improving the accuracy, accessibility, and efficiency of mental health screening processes. These technological innovations empower healthcare providers with valuable insights while enabling individuals to take control of their mental well-being.

Recent developments underscore the increasing recognition of the importance of mental health screening across various sectors, particularly among employers. Employers increasingly recognize the pivotal role of employee mental health in cultivating a productive and healthy workforce. Consequently, many organizations are investing in comprehensive screening programs as part of their employee wellness initiatives. Additionally, policy changes aimed at enhancing insurance coverage for mental health services have facilitated greater access to screening and treatment options. Legislative initiatives promoting mental health parity ensure equitable coverage for mental health services, thus eliminating barriers to care and bolstering market demand.

Mental Health Screening Market Technology Trends

The global mental health screening market is experiencing significant growth, driven by several converging factors such as heightened awareness of mental health issues, technological advancements, and an increased focus on preventive care. As mental health conditions gain recognition and priority, there is a corresponding surge in demand for effective screening tools that enable early detection and intervention. 

AI-Based Screening Tools

Predictive Analytics: AI-powered predictive analytics tools analyze vast datasets to identify patterns and risk factors associated with mental health conditions. By leveraging historical and real-time data, these tools enable early detection by predicting the likelihood of developing specific mental health issues.

Natural Language Processing (NLP): NLP technology processes and analyzes human language data, including speech and text, to detect signs of mental health disorders. Particularly adept at identifying mood disorders and anxiety through patient interactions, NLP offers a nuanced approach to screening.

Machine Learning Models: Continuous learning algorithms enhance the accuracy of mental health screenings over time by assimilating new data inputs. These models adapt and refine their assessments, offering more personalized and precise evaluations.

Continuous Monitoring Wearable Devices

Biometric Sensors: Wearable devices, equipped with biometric sensors, track physiological indicators like heart rate variability, sleep patterns, and stress levels. These devices offer real-time insights into an individual's mental health, allowing for proactive management and timely interventions.

Real-Time Data Collection: Continuous data collection facilitates ongoing monitoring, allowing for timely interventions when needed. Wearable devices collect and transmit data to healthcare providers, fostering proactive mental health management.

Integration with Health Platforms: Wearable devices are increasingly integrated with broader health platforms and electronic health records (EHRs), facilitating comprehensive health monitoring and seamless data sharing between patients and providers.

Remote Mental Health Platforms

Telehealth Services: Telehealth platforms extend the reach of mental health services, offering screenings and consultations to individuals in remote or underserved areas. Particularly beneficial for patients facing barriers to in-person care, telehealth services enhance accessibility.

Virtual Reality (VR) Therapy: VR technology is explored for its therapeutic potential, providing immersive environments for therapy and stress reduction. Offering innovative treatment options for various mental health conditions, VR therapy enriches the therapeutic landscape.

Remote Monitoring Solutions: Remote mental health platforms enable continuous patient monitoring and engagement. Ensuring adherence to treatment plans and enabling timely interventions based on real-time data, these solutions improve treatment outcomes.

Self-Screening mHealth Apps

Mobile Applications: Self-screening apps empower individuals to assess their mental health using smartphones. These apps typically include validated questionnaires, mood tracking features, and educational resources, enhancing user engagement and promoting ongoing self-monitoring.

User Engagement and Gamification: Many mHealth apps incorporate gamification elements to enhance user engagement. Interactive interfaces and reward systems encourage consistent use and active self-monitoring, promoting sustained engagement with mental health screening.

Privacy and Data Security: Safeguarding the privacy and security of user data is crucial in the mental health screening industry. Developers implement robust encryption protocols and comprehensive privacy measures to protect sensitive information, thereby fostering trust and confidence among users.

Telehealth & Virtual Care Solutions

Integrated Care Models: Telehealth platforms integrate mental health screening tools with other healthcare services, fostering a holistic approach to patient care. This integration enhances overall health outcomes by addressing multiple facets of patient well-being.

On-Demand Services: Virtual care solutions offer on-demand mental health assessments and consultations, providing immediate support and reducing wait times for patients seeking help. This responsive approach enhances access to timely care.

Collaborative Tools: These platforms include tools that facilitate collaboration between healthcare providers, enabling coordinated care and comprehensive treatment planning. By fostering interdisciplinary communication, collaborative tools optimize patient care delivery.

Integration with Existing Technologies: An emerging trend is the integration of mental health screening tools with existing technologies such as virtual assistants and social media platforms. This integration offers unobtrusive screening and intervention opportunities within familiar environments, enhancing accessibility and reducing stigma associated with mental health care.

What are the Mental Health Screening Market Segmentations and Bifurcations?

Mental Health Screening Market Segments based on Screening Method

  • Biomarker Testing
  • Clinical Interviews
    • Diagnostic Interview for Psychological Distress (DIPD)
    • Structured Clinical Interview for DSM (SCID)
    • Mini International Neuropsychiatric Interview (MINI)
    • Other Clinical Interviews
  • Observation-based Assessments
  • Self-reported Questionnaires & Surveys
    • Patient Health Questionnaire-12 (PHQ-12)
    • Hamilton Anxiety Rating Scale (HAM-A)
    • Yale-Brown Obsessive Compulsive Scale (Y-BOCS)
    • Beck Depression Inventory (BDI)
    • Generalized Anxiety Disorder-7 (GAD-7)
    • Other Self-reported Questionnaires & Surveys

On the basis of screening method, the global mental health screening market is segmented into biomarker testing, clinical interviews, observation-based assessments, and self-reported questionnaires and surveys. 

In 2023, the self-reported questionnaires and surveys segment dominated the global mental health screening market. This dominance is attributed to the wide availability of various questionnaires at affordable prices on digital platforms, as well as the availability of these tools in multiple languages. Additionally, ongoing advancements in questionnaire design are key factors driving the global adoption of self-reported questionnaire-based assessments. These tools are highly accessible and user-friendly, making them popular for initial screenings and continuous monitoring.

Clinical interviews remain crucial for in-depth diagnosis, offering detailed assessments by qualified professionals. These interviews are essential for diagnosing specific mental health conditions and providing tailored treatment plans. Although availability can be limited, telehealth services are expanding the reach of clinical interviews, enabling more individuals to access professional evaluations remotely. The structured format of clinical interviews, such as the Structured Clinical Interview for DSM (SCID) and the Mini International Neuropsychiatric Interview (MINI), ensures consistency and reliability in mental health assessments.

The biomarker testing segment is experiencing rapid growth, as it is still in the early stages of development. Biomarker testing holds significant potential for growth due to its promise of providing objective and potentially more accurate assessments compared to traditional methods. This method involves the use of biological markers to identify and evaluate mental health conditions, which can lead to earlier diagnosis and more effective treatment. Increased research efforts are being directed toward identifying and validating biomarkers for various mental health conditions, highlighting the potential for substantial advancements in this segment.

Mental Health Screening Market Segments based on Technology

  • AI-Based Screening Tools
  • Continuous Monitoring Wearable Devices
  • Remote Mental Health Platforms
  • Self-screening mHealth Apps
  • Telehealth & Virtual Care Solutions

The global mental health screening market is segmented based on technology into AI-based screening tools, continuous monitoring wearable devices, remote mental health platforms, self-screening mHealth apps, and telehealth and virtual care solutions. 

AI-based screening tools are expected to register the highest growth during the forecast period. This growth is driven by the increasing demand for scalable and accurate solutions in mental health screening, coupled with advancements in AI technology. AI-based tools offer the potential for faster, more objective, and accurate assessments compared to traditional methods. The field is continuously evolving, with ongoing development and refinement enhancing these tools' capabilities. AI-based screening tools can analyze large datasets from questionnaires, conversations, and even facial expressions, providing faster, more objective, and potentially more accurate screenings. Additionally, AI can identify patterns that might be missed by human evaluators. However, these tools also have weaknesses such as their effectiveness is reliant on the quality of data used to train the algorithms. Furthermore, AI systems can be complex and require ongoing development and refinement. Ethical considerations regarding data privacy and bias must also be carefully managed.

Mental Health Screening Market Segments based on Application

  • Behavioral Disorders
    • Sleep Disorder
    • Social Withdrawal
    • Dissociative Disorder
    • Hyperactivity
    • Self-Harm
    • Aggression
    • Other Behavioral Disorders
  • Cognitive Disorders
    • Alzheimer’s Disease
    • Cognitive Impairment
    • Dementia
    • Other Cognitive Disorders
  • Physiological Disorders
    • Bipolar Disorder
    • Eating Disorder
    • Substance Abuse
    • Depression
    • Anxiety
    • Post-Traumatic Stress Disorder (PTSD)
    • Other Physiological Disorders
  • Psychiatric Disorders
    • Psychotic Disorder
    • Dissociative Disorder
    • Obsessive Compulsive Disorder (OCD)
    • Schizophrenia
    • Dissociative Disorder
    • Attention Deficit Hyperactivity Disorder (ADHD)
    • Other Psychiatric Disorders

The mental health screening market is segmented based on applications into behavioral disorders, cognitive disorders, physiological disorders, and psychiatric disorders. 

The physiological disorders segment held the largest market share, driven by the high prevalence of conditions such as depression, anxiety, and bipolar disorder. Screening tools for these disorders are well-established and widely utilized, reflecting the significant demand for accurate and accessible screening methods to identify and manage these mental health conditions effectively.

The cognitive disorders segment is the fastest-growing in the mental health screening market, attributed to several factors. These include the rising geriatric population, increasing incidence of neurodegenerative diseases, growing awareness, and improved access to screening tools. Cognitive disorders significantly impact an individual's ability to perform daily activities and maintain independence, making early detection and intervention critical for improving patient outcomes.

Among psychiatric disorders, the attention deficit hyperactivity disorder (ADHD) sub-segment dominated the market in 2023, driven by several factors. The prevalence and diagnoses of ADHD have been steadily increasing due to growing awareness and recognition of the condition. This heightened awareness contributes to a rising demand for ADHD screening tools and services to address the needs of affected individuals effectively.

Substance abuse accounted for the largest share of the mental health screening market in 2023 within the physiological disorders segment. This can be attributed to the global increase in substance abuse cases, fueled by factors such as stress, trauma, and societal pressures. Growing recognition of the interconnectedness between mental health and substance abuse underscores the importance of integrated screening protocols, encouraging healthcare providers to adopt comprehensive approaches to address these complex challenges effectively.

Mental Health Screening Market Segments based on Age Group

  • Adults (Age 19–64)
  • Children & Adolescents (Age 0–18 Years)
  • Seniors (Age 65 and above)

The mental health screening market is categorized by age group into children & adolescents (ages 0–18 years), adults (ages 19–64 years), and seniors (age 65 and above). In 2023, the adults (ages 19-64 years) segment emerged as the leading sector within the market. This prominence is primarily attributed to several factors, including escalating workloads, economic pressures, and competitive environments, which contribute to heightened levels of stress and anxiety among individuals in this age group.

The prevalence of mental health conditions is notably higher among adults compared to children and adolescents. Furthermore, there is an observable increase in awareness and a greater willingness among adults to seek help for mental health issues. This heightened awareness, coupled with the recognition of the importance of mental well-being, has resulted in a surge in demand for mental health screening solutions tailored to the needs of adults.

Moreover, the availability of mental health resources and services specifically designed for adults has contributed to the growth of this segment.

Mental Health Screening Market Segments based on Setting

  • Corporate Programs
  • Clinical Settings         
  • Educational Institutions
  • Online Platforms
  • Others

The mental health screening market is segmented based on setting into clinical settings, educational institutions, workplace/corporate programs, online platforms, and other settings. Among these, the online platforms segment is expected to register the highest growth rate during the forecast period. This growth is attributed to the ease of access and personalized assessments offered to patients.

Online platforms utilize a combination of screening methods to provide comprehensive, accessible, and tailored assessments of users' mental health status and needs. These platforms promote mental health awareness, early intervention, and access to support services, benefiting individuals seeking assistance with their mental well-being.

Online platforms include digital platforms and telehealth services that offer remote mental health screening and support options. They provide convenient access to screening tools, self-assessment resources, and virtual counseling sessions, enabling individuals to seek help from the comfort of their homes. These platforms are increasingly crucial in expanding access to mental health services, especially for underserved populations and those facing barriers to traditional care.

What are the Growth Drivers, Restraints, and Opportunities in Mental Health Screening Market?

Impact of Growing Geriatric Population on Mental Health Screening Market

The global mental health screening market is experiencing significant growth, primarily driven by the increasing geriatric population and the subsequent rise in mental disorders within this demographic. With age, individuals become more susceptible to conditions like depression, anxiety, dementia, and bipolar disorder, leading to a heightened demand for mental health screening tools on a global scale.

Studies indicate that approximately 20% of adults aged 60 and above are affected by mental or neurological disorders, with depression emerging as one of the most prevalent conditions among this group. However, diagnosing mental health issues in seniors poses unique challenges due to symptoms that may differ from those observed in younger individuals or overlap with age-related physical ailments. For instance, symptoms of depression in seniors might present as cognitive decline or physical complaints, necessitating adapted screening tools to ensure accurate identification.

Early detection of mental health conditions is essential for effectively managing symptoms and enhancing the overall quality of life for seniors. Screening allows healthcare professionals to identify potential issues before they escalate, facilitating timely interventions and access to appropriate treatments. By addressing mental health concerns early on, seniors can receive the support and resources needed to maintain their well-being and independence.

Seniors residing in rural areas or facing mobility challenges often encounter obstacles when accessing traditional mental health services. To bridge this accessibility gap, online platforms and community centers offer mental health screening tools, providing seniors with a convenient means to undergo initial assessments from their homes. These platforms play a critical role in ensuring accessibility and inclusivity in mental health support services for seniors.

Technological advancements, including artificial intelligence (AI), machine learning (ML), telehealth, and virtual care solutions, further enhance accessibility and convenience for seniors seeking mental health support. These innovations aim to improve screening accuracy, facilitate remote consultations, and offer tailored support to meet the unique needs of seniors in managing their mental health effectively.

Rising Awareness and Technological Advancements Propel the Mental Health Screening Market

The global mental health screening market is on a significant growth trajectory, driven by increased awareness and the diminishing stigma surrounding mental health. This transformation is being fueled by prominent figures openly sharing their mental health journeys, alongside educational initiatives and media campaigns highlighting the importance of mental well-being.

Celebrities and influencers play a vital role in destigmatizing mental health discussions. Events such as Mental Health Awareness Month and World Mental Health Day serve as crucial platforms for educating the public about mental health, reducing stigma, and advocating early intervention. Organizations such as Mental Health America (MHA) and the National Alliance on Mental Illness (NAMI) provide accessible resources and online screening tools, facilitating easier mental health assessments and support.

According to the World Health Organization (WHO), over 280 million people worldwide suffer from depression, while the National Institute of Mental Health (NIMH) reports that nearly one in five adults in the United States grapple with a mental illness. These figures underscore the urgent need for effective mental health screening tools.

Technological advancements are reshaping the landscape of mental health screening, making tools more accurate, efficient, and user-friendly. AI-powered solutions analyze extensive datasets to identify patterns and risk factors associated with mental health conditions. Wearable devices, equipped with biometric sensors, monitor physiological indicators such as heart rate variability, sleep patterns, and stress levels, offering real-time insights for proactive management and timely interventions.

Telehealth services have greatly expanded the reach of mental health screenings and consultations, bridging gaps for individuals in remote or underserved areas. Mobile health (mHealth) applications empower users to assess their mental health using smartphones, often featuring validated questionnaires, mood tracking, and educational content for self-assessment and condition management.

The convergence of heightened awareness and technological innovation is propelling the global mental health screening market forward, promising better accessibility and efficacy in addressing mental health needs worldwide.

Data Privacy Concerns May Hamper the Mental Health Screening Market

Data privacy concerns are increasingly drawing attention in the mental health screening market, potentially shaping its future direction and growth opportunities. As the industry heavily relies on digital platforms like mobile apps and online assessments to conduct screenings and gather sensitive health data, the risks associated with data privacy and security are heightened.

Sensitive mental health data holds significant implications for various aspects of individuals' lives, including employment, insurance rates, and social stigma. Therefore, worries about data breaches or unauthorized access can deter individuals from using screening tools. The potential consequences of compromised mental health data underscore the critical need for robust data privacy measures within the industry.

Lack of transparency regarding data collection, storage, and usage by screening platforms can foster mistrust among users, ultimately discouraging their participation. Users may hesitate to share personal information if they are uncertain about how it will be handled and protected. This reluctance to engage with mental health screening tools due to privacy concerns presents a notable challenge for market penetration and user adoption rates.

The regulatory environment adds another layer of complexity, especially in regions with stringent data privacy regulations like the European Union's General Data Protection Regulation (GDPR) or California's Consumer Privacy Act (CCPA). Mental health screening providers must adhere to strict guidelines governing data collection, storage, and sharing to ensure compliance with these regulations. However, navigating the evolving regulatory landscape and ensuring consistent enforcement across jurisdictions can be a daunting task for industry stakeholders.

Successfully addressing data privacy challenges will be pivotal in unlocking the market's full potential and ensuring sustainable growth in the long term.

Mental Health Screening Report Scope & Snapshot

Report Attributes

Details

Mental Health Screening Market Forecast Years

2024 to 2030

Mental Health Screening Market Historical Years

2019, 2020, 2021, 2022, 2023

Mental Health Screening Market Size 2023

USD 927 Million

Mental Health Screening Market CAGR

12% (2024 to 2030)

Mental Health Screening Market Size 2030

USD 2 Billion

Key Segments

Screening Method, Technology, Application, Age Group, Setting, and Region

Key Regions & Countries

North America (The U.S. Canada, Mexico), Europe (Germany, The U.K, France, Netherlands, Spain,  Russia, Poland, Benelux, Nordic Countries, Rest of Europe Countries), Asia Pacific (China, Japan, India, South Korea, ASEAN, Australia, Rest of APAC Countries), Middle East & Africa (GCC – UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait), Israel, South Africa, Egypt, Rest of MEA Countries), and South America (Brazil, Argentina, Colombia, Chile, Rest of South America Countries). 

Some Key Companies

Adaptive Testing Technologies, Aiberry, Alphabet Inc / Fitbit, Apple Inc, Canary Speech Inc, Clarigent Health, CogniABle, Cognitive Health Solutions, Ellipsis Health Inc, FuturesTHRIVE, Headspace Health, Kintsugi Mindful Wellness, Koninklijke Philips, Modern Life Inc, MoodFit, MoodTools, Proem Behavioral Health, Quartet Health Inc, ResMed, Riverside Community Care, Sonde Health Inc, SonderMind Inc, Thymia Limited, Wellin5 USA Inc, Woebot Labs Inc, and Others.

 

What are the Regional and Country Trends in Mental Health Screening Market?

Mental Health Screening Market - Regional Landscape and Trends

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

In 2023, North America asserted its dominance in the global mental health screening market, capturing the largest market share. This leading position can be attributed to multiple factors, including the rising demand for mental health services, healthcare reforms in the US, and substantial government funding dedicated to mental health initiatives in the region. Additionally, North America is home to a significant number of mental health screening solution manufacturers, further solidifying its role as a frontrunner in the industry.

Europe is a substantial market for mental health screening, marked by an increasing prevalence of mental health disorders and a growing recognition of the importance of early intervention. Governments throughout the region are rolling out initiatives to enhance mental health awareness, expand access to services, and diminish stigma surrounding mental illness.

In 2023, the Asia Pacific region emerged as the fastest-growing segment in the mental health screening market. This remarkable growth can be attributed to the escalating incidence of mental disorders, coupled with rising government initiatives aimed at boosting awareness about mental health issues. There is a heightened demand for enhanced accessibility to mental health services in the Asia Pacific region, driven by the mounting burden on healthcare systems and a growing acknowledgment of mental health as a priority area for public health.

How is the Competition Scenario in Mental Health Screening Market?

Mental Health Screening Market - Competitive Landscape

In the global mental health screening market, competition is dynamic, with a blend of established players and emerging entrants striving for market dominance and innovation. Leading companies hold significant sway, leveraging their brand recognition, diverse product portfolios, and expansive global presence to maintain a competitive edge. Collaborations with healthcare providers, research institutions, and technology firms allow these established players to extend their influence, tap into new markets, and enrich their product offerings with complementary technologies and expertise.

The landscape also witnesses a surge in startup activity, ushering in a wave of innovation. These newcomers introduce fresh solutions, including AI-powered assessment tools, wearable devices, and mobile applications, injecting new vitality into the market. Additionally, niche players specializing in specific segments or geographic areas carve out their niche by addressing unmet needs or tailoring solutions to unique demographic groups' requirements.

Expansion into untapped regions, partnerships with healthcare providers, and collaborations with mental health advocacy organizations are strategic moves employed by companies to broaden their market presence and customer base. Continuous investment in research and development drives innovation, ensuring companies remain at the forefront of technological advancements and capable of meeting evolving market demands. Moreover, adherence to regulatory standards such as GDPR and HIPAA bolsters companies' credibility and trustworthiness, particularly in regions with stringent regulatory frameworks.

Key players in the mental health screening industry include Adaptive Testing Technologies, Aiberry, Alphabet Inc / Fitbit, Apple Inc., Canary Speech Inc., Clarigent Health, CogniABle, Cognitive Health Solutions, Ellipsis Health Inc., FuturesTHRIVE, Headspace Health, Kintsugi Mindful Wellness, Koninklijke Philips, Modern Life Inc., MoodFit, MoodTools, Proem Behavioral Health, Quartet Health Inc., ResMed, Riverside Community Care, Sonde Health Inc., SonderMind Inc., Thymia Limited, Wellin5 USA Inc., and Woebot Labs Inc., among others.

Mental Health Screening Industry Developments

  • In May 2024, Videra Health secured $5.6 million in Seed II funding, led by Peterson Ventures and joined by Mercato Partners, Epic Ventures, and Philo Ventures. Videra Health specializes in leveraging cutting-edge artificial intelligence to analyze video data. Their software utilizes advanced algorithms to detect subtle changes in facial expressions, body language, and speech patterns, which may indicate underlying mental health conditions.

  • In November 2023, SonderMind completed the acquisition of Total Brain, a strategic move aimed at expanding its market presence. This acquisition enables SonderMind to offer personalized mental wellness solutions, empower therapists with advanced care techniques, provide population mental health tools tailored for enterprises, and furnish comprehensive solutions to health plans. 

  • In October 2023, Ellipsis Health, Inc. announced a collaboration with Augmedix to introduce automated mental health screenings during patient visits. This partnership integrates Ellipsis Health's innovative screening technology seamlessly into Augmedix's healthcare platform, streamlining the screening process and enhancing mental health assessment capabilities during patient consultations.

  • In December 2021, Quartet Health, Inc. finalized the acquisition of InnovaTel Telepsychiatry, marking a significant milestone in its mission to democratize access to high-quality mental healthcare. This strategic move enables Quartet Health to swiftly deliver top-tier mental health services to a broader audience, aligning with its overarching vision.

 

 

FAQs

What is Global Mental Health Screening Market Growth?

The global mental health screening market is expected to grow at a compound annual growth rate (CAGR) of around 12% from 2024 to 2030.

What are the Factors Driving the Mental Health Screening Market?

The growth of the mental health screening market is driven by several key factors, including heightened awareness and destigmatization of mental health issues, an increasing focus on early intervention and prevention measures, a growing emphasis on remote monitoring technologies, a rising awareness of mental wellbeing in the workplace, an increasing advocacy for mental health parity, and ongoing technological advancements in mental health screening tools.

How Big is Global Mental Health Screening Market?

The global mental health screening market size in terms of revenue was estimated to be USD 927 Million in 2023.

Which Segment Accounted for Largest Share of Global Mental Health Screening Market?

In 2023, North America dominated the global mental health screening market, capturing the largest market share. This can be attributed to multiple factors, including the rising demand for mental health services, healthcare reforms in the US, and substantial government funding dedicated to mental health initiatives in the region. Additionally, North America is home to a significant number of mental health screening solution manufacturers, further solidifying its role as a frontrunner in the industry.

Who are the Key Players in Mental Health Screening Market?

Some of the key players operating in the Mental Health Screening market include Adaptive Testing Technologies, Aiberry, Alphabet Inc / Fitbit, Apple Inc, Canary Speech Inc, Clarigent Health, CogniABle, Cognitive Health Solutions, Ellipsis Health Inc, FuturesTHRIVE, Headspace Health, Kintsugi Mindful Wellness, Koninklijke Philips, Modern Life Inc, MoodFit, MoodTools, Proem Behavioral Health, Quartet Health Inc, ResMed, Riverside Community Care, Sonde Health Inc, SonderMind Inc, Thymia Limited, Wellin5 USA Inc, Woebot Labs Inc, and Others.

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