The worldwide digital market for behavioral health care is booming, and is expected to grow to nearly $840 billion by 2027, reports Behavioral Health Business, citing Data Bridge Market Research. The current provider market is filled with a number of players, with an estimated 20,000 apps worldwide available through Apple and Android that support behavioral health.
Over $5 billion in investments poured into the telehealth space in the second quarter of 2021, and year over year, global telehealth investment across all sectors increased 169% from Q2 2020. With market growth in telehealth, users now have more digital care options than ever, ranging from therapy to coaching to peer support services.
However, some in behavioral health feel that providers could do better in helping users navigate the wide array of resources. Read more.
