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India Mental Health Market Valued at US$ 6.89 Bn in 2023 Poised to Reach US$ 62.86 Bn by 2032 | Astute Analytica
![The ๐๐ง๐๐ข๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐ก๐๐๐ฅ๐ญ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ, which was valued at ๐๐$ ๐](https://img.einnews.com/ampsize/360460/logo.jpeg)
The India mental health market is projected to grow at a robust CAGR of 28.16% from 2024 to 2032,
CHICAGO, UNITED STATES, August 29, 2024 /EINPresswire.com/ -- The ๐๐ง๐๐ข๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐ก๐๐๐ฅ๐ญ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ, which was valued at ๐๐$ ๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, is expected to experience unprecedented growth, reaching a market valuation of ๐๐$ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐. This remarkable expansion is anticipated to occur at a compound annual growth rate (๐๐๐๐) ๐จ๐ ๐๐.๐๐% during the forecast period from ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.
๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐- https://www.astuteanalytica.com/request-sample/india-mental-health-market
This growth is being driven by several key factors, including increased awareness about mental health issues, the rise in mental health disorders, and a growing demand for accessible mental health services across the country. The Indian governmentโs initiatives to improve mental health infrastructure and the increasing involvement of private healthcare providers are also contributing significantly to the market's expansion.
Additionally, the integration of technology in mental health services, such as telepsychiatry and mental health apps, is playing a pivotal role in reaching a larger segment of the population, particularly in rural areas where access to mental health professionals has traditionally been limited.
As the stigma surrounding mental health continues to diminish, more individuals are seeking help, which is reflected in the marketโs rapid growth. With mental health being recognized as an essential component of overall well-being, the India mental health market is set to witness transformative developments in the coming years.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐๐ง๐: ๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ฅ๐๐ก๐๐๐ฅ๐ญ๐ก ๐๐ง๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐๐ง๐ญ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
The increased adoption of telehealth and digital mental health market in India marks a significant evolution in the country's healthcare landscape. With the rapid proliferation of smartphones and internet penetration, digital platforms have become accessible to a broader segment of the population. As of 2023, 65% of the Indian population has internet access, facilitating the rise of telehealth services. Telehealth consultations for mental health issues have surged by 45% in the past two years. Additionally, mental health apps have witnessed a 30% increase in downloads, with over 200,000 new users in 2023 alone. The ๐๐๐๐๐-๐๐ pandemic played a crucial role in accelerating this trend, with 50% of mental health professionals shifting to teleconsultations during the lockdowns. Platforms like Practo and Mfine have reported a 60% rise in mental health-related queries, reflecting the growing reliance on digital solutions.
Moreover, the integration of artificial intelligence and machine learning in digital mental health tools has enhanced the quality and personalization of care. AI-driven chatbots, which saw a 40% increase in usage in 2023, are now capable of providing immediate support and resources to individuals in distress. Virtual reality therapy, though in its nascent stages, is gaining traction, with a 25% rise in trials and pilot programs across urban centers. Despite these advancements, challenges such as data privacy and the digital divide persist. Nevertheless, the digital mental health market in India is projected to grow at a ๐๐๐๐ ๐จ๐ ๐๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐, highlighting its transformative potential in addressing the mental health crisis.
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ง๐๐ข๐ ๐๐๐ง๐ญ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ
โข Apollo Hospitals Enterprise Limited
โข Amaha
โข Calm Inc.
โข Cipla Limited
โข ePsyClinic
โข Headspace Inc.
โข MindFitIndia Pvt. Ltd.
โข Mindhouse
โข Sun Pharmaceutical Industries
โข Trijog Know Your Mind Pvt. Ltd.
โข Talkspace Inc.
โข Torrent Pharmaceuticals Ltd
โข Wysa Ltd.
โข YourDOST Health Solutions Pvt Ltd.
โข Other Prominent Players
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฏ๐ข๐ฌ๐ข๐ญ:- https://www.astuteanalytica.com/industry-report/india-mental-health-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ข๐ฌ๐จ๐ซ๐๐๐ซ ๐๐ฒ๐ฉ๐
โข Mood Disorders
o Depression
o Bipolar Disorders
o Others
โข Anxiety Disorders
o Social Anxiety
o Panic Disorders
o Others
โข Personality Disorders
o Antisocial Personality Disorder
o Borderline Personality Disorder
o Others
โข Psychotic Disorders
o Schizophrenia
o Catatonia
o Others
โข Eating Disorders
o Anorexia Nervosa
o Bulimia
o Binge Eating
o Others
โข Trauma-related Disorders
o Substance Abuse Disorders
o Alcohol Abuse
โข Drug Abuse
โข Others
๐๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ฒ๐ฉ๐
โข Intervention Counselling
o Individualized Therapy
o Group Therapy
o Family Counselling
o Discharge Planning
o Others
โข Psychological Intervention
o Cognitive Behavioral Therapy
o Dialectical behavior therapy
o Medication evaluation & therapy
o Psychotherapy
o Trauma Therapy
o Dual diagnosis treatment
o Others
๐๐ฒ ๐๐จ๐๐ ๐จ๐ ๐๐๐๐๐ฌ๐ฌ
โข In Person
โข Online
โข Telephonic
๐๐ฒ ๐๐๐ญ๐ข๐๐ง๐ญ ๐๐ซ๐จ๐ฎ๐ฉ
โข Pediatric
โข Adult
โข Geriatric
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐
โข Hospitals
โข Clinics
โข Homecare Setting
โข Rehabilitation Centres
๐๐ฒ ๐๐ง๐๐ข๐ (๐๐ญ๐๐ญ๐ ๐๐ข๐ฌ๐)
โข North India
o Uttar Pradesh
o Delhi
o Haryana
o Punjab
o Rajasthan
o Himachal
o J&K
โข South India
o Tamil Nadu
o Karnataka
o Kerala
o Andhra Pradesh
o Telangana
โข West India
o Gujarat
o Goa
o Madhya Pradesh
o Maharashtra
o Chhattisgarh
โข East India
o West Bengal
o Bihar
o Assam
o Jharkhand
o Odisha
o Rest of East India
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/india-mental-health-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
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Astute Analytica
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