Telepsychiatry Market Report and Forecast 2025-2034
Description
The global telepsychiatry market size was valued at USD 11.80 Billion in 2024, driven by the rising prevalence of mobile health technologies across the globe. The market is expected to grow at a CAGR of 23.03% during the forecast period of 2025-2034, with the values likely to rise to USD 93.75 Billion by 2034.
Telepsychiatry: Introduction
Telepsychiatry is the process of providing mental health consultations from a certified psychiatrist to patients with the help of distance technology, such as video conferencing. It involves several services such as individual or group therapy, medication management, psychiatric evaluations as well as patient education. Telepsychiatry can be video and audio-based, depending on the patient’s convenience. It is an effective way to reduce mental health associated stigma and logistic delays in treatment.
Global Telepsychiatry Market Analysis
The telepsychiatry market demand observed a significant upswing owing to sudden COVID-19 outbreak. Staff shortage, quarantine, and isolation propelled people to consider video consultations for medical assistance. It enabled shorter waiting periods and easy access to skilled mental health professionals.
With the rising prevalence of artificial intelligence and healthcare convergence, the market has flourished with AI and digitally equipped healthcare platforms. These platforms help the user create customized and comprehensive physical and mental health profiles. In April 2023, an artificial intelligence powered and blockchain ecosystem supplier called Oraichain, launched a healthcare platform called BlockAI.care, to promote telepsychiatry services.
The telepsychiatry market value is driven by the increasing investments in telehealth services. In June 2023, CQuence Health announced an investment partnership with Intercept Telehealth, which is a leading tele-critical care provider. Together, they aim at addressing serious neurological conditions by offering consultations on tele-neurology, tele-stroke and more. It also allows continuous access to certified intensivists and critical care nurses to facilitate early intervention and constant virtual monitoring.
Global Telepsychiatry Market Segmentation
Telepsychiatry Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Services Type
The United States is anticipated to lead the telepsychiatry market share with a robust and technologically advanced healthcare ecosystem. The region is experiencing a noteworthy surge in digital health-based services attributed to growing profile expansions of new companies. There is significant focus on upskilling the staff to use all the latest technologies in the market. Europe is another major market for telepsychiatry with a considerable amount of trained mental health care providers, psychiatrists, and psychologists in the region.
The Asia-Pacific is expected to witness substantial telepsychiatry market growth with rising infrastructure development to integrate digital advancements into the medical ecosystem. Increasing government and non-profit organization efforts to reduce mental health stigma is a significant factor fueling market growth in the region.
Telepsychiatry is also undergoing major developments in Middle East South Africa and Latin America. In January 2023, a United States based telehealth leader, Caregility set up their services in Saudi Arabia. In South Africa, Eagle Intelligent Health and Mobicel partnered to provide live consultation to patients via Eagle Intelligent Health app. With rising adoption of telehealth and telepsychiatry services, the market value is expected to rise exponentially in the forecast period.
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:
*Please Note:* The report will take 5 business days to complete, after order confirmation.
Telepsychiatry: Introduction
Telepsychiatry is the process of providing mental health consultations from a certified psychiatrist to patients with the help of distance technology, such as video conferencing. It involves several services such as individual or group therapy, medication management, psychiatric evaluations as well as patient education. Telepsychiatry can be video and audio-based, depending on the patient’s convenience. It is an effective way to reduce mental health associated stigma and logistic delays in treatment.
Global Telepsychiatry Market Analysis
The telepsychiatry market demand observed a significant upswing owing to sudden COVID-19 outbreak. Staff shortage, quarantine, and isolation propelled people to consider video consultations for medical assistance. It enabled shorter waiting periods and easy access to skilled mental health professionals.
With the rising prevalence of artificial intelligence and healthcare convergence, the market has flourished with AI and digitally equipped healthcare platforms. These platforms help the user create customized and comprehensive physical and mental health profiles. In April 2023, an artificial intelligence powered and blockchain ecosystem supplier called Oraichain, launched a healthcare platform called BlockAI.care, to promote telepsychiatry services.
The telepsychiatry market value is driven by the increasing investments in telehealth services. In June 2023, CQuence Health announced an investment partnership with Intercept Telehealth, which is a leading tele-critical care provider. Together, they aim at addressing serious neurological conditions by offering consultations on tele-neurology, tele-stroke and more. It also allows continuous access to certified intensivists and critical care nurses to facilitate early intervention and constant virtual monitoring.
Global Telepsychiatry Market Segmentation
Telepsychiatry Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Services Type
- In-home Solutions
- Forensic Solutions
- Routine Solutions
- Crisis Solution
- Others
- Videoconferencing
- Store-and-Forward
- Remote Patient Monitoring
- Community Mental Health Centers
- Specialty Care Settings
- Skilled Nursing Facilities
- Homecare
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The United States is anticipated to lead the telepsychiatry market share with a robust and technologically advanced healthcare ecosystem. The region is experiencing a noteworthy surge in digital health-based services attributed to growing profile expansions of new companies. There is significant focus on upskilling the staff to use all the latest technologies in the market. Europe is another major market for telepsychiatry with a considerable amount of trained mental health care providers, psychiatrists, and psychologists in the region.
The Asia-Pacific is expected to witness substantial telepsychiatry market growth with rising infrastructure development to integrate digital advancements into the medical ecosystem. Increasing government and non-profit organization efforts to reduce mental health stigma is a significant factor fueling market growth in the region.
Telepsychiatry is also undergoing major developments in Middle East South Africa and Latin America. In January 2023, a United States based telehealth leader, Caregility set up their services in Saudi Arabia. In South Africa, Eagle Intelligent Health and Mobicel partnered to provide live consultation to patients via Eagle Intelligent Health app. With rising adoption of telehealth and telepsychiatry services, the market value is expected to rise exponentially in the forecast period.
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
*Please Note:* The report will take 5 business days to complete, after order confirmation.
Table of Contents
350 Pages
- 1 Preface
- 1.1 Objectives of the Study
- 1.2 Key Assumptions
- 1.3 Report Coverage – Key Segmentation and Scope
- 1.4 Research Methodology
- 2 Executive Summary
- 3 Global Telepsychiatry Market Overview
- 3.1 Global Telepsychiatry Market Historical Value (2018-2024)
- 3.2 Global Telepsychiatry Market Forecast Value (2025-2034)
- 4 Global Telepsychiatry Market Landscape
- 4.1 Global Telepsychiatry Developers Landscape
- 4.1.1 Analysis by Year of Establishment
- 4.1.2 Analysis by Company Size
- 4.1.3 Analysis by Region
- 4.2 Global Telepsychiatry Product Landscape
- 4.2.1 Analysis by Type
- 4.2.2 Analysis by Technology
- 4.2.3 Analysis by Applications
- 5 Global Telepsychiatry Market Dynamics
- 5.1 Market Drivers and Constraints
- 5.2 SWOT Analysis
- 5.3 Porter’s Five Forces Model
- 5.4 Key Demand Indicators
- 5.5 Key Price Indicators
- 5.6 Industry Events, Initiatives, and Trends
- 5.7 Value Chain Analysis
- 6 Global Telepsychiatry Market Segmentation
- 6.1 Global Telepsychiatry Market by Services Type
- 6.1.1 Market Overview
- 6.1.2 In-home Solutions
- 6.1.3 Forensic Solutions
- 6.1.4 Routine Solutions
- 6.1.5 Crisis Solution
- 6.1.6 Others
- 6.2 Global Telepsychiatry Market by Mode of Communication
- 6.2.1 Market Overview
- 6.2.2 Videoconferencing
- 6.2.3 Store-and-Forward
- 6.2.4 Remote Patient Monitoring
- 6.3 Global Telepsychiatry Market by End User
- 6.3.1 Market Overview
- 6.3.2 Community Mental Health Centers
- 6.3.3 Specialty Care Settings
- 6.3.4 Skilled Nursing Facilities
- 6.3.5 Homecare
- 6.3.6 Others
- 6.4 Global Telepsychiatry Market by Region
- 6.4.1 Market Overview
- 6.4.2 North America
- 6.4.3 Europe
- 6.4.4 Asia Pacific
- 6.4.5 Latin America
- 6.4.6 Middle East and Africa
- 7 North America Telepsychiatry Market
- 7.1 Market Share by Country
- 7.2 United States of America
- 7.3 Canada
- 8 Europe Telepsychiatry Market
- 8.1 Market Share by Country
- 8.2 United Kingdom
- 8.3 Germany
- 8.4 France
- 8.5 Italy
- 8.6 Others
- 9 Asia Pacific Telepsychiatry Market
- 9.1 Market Share by Country
- 9.2 China
- 9.3 Japan
- 9.4 India
- 9.5 ASEAN
- 9.6 Australia
- 9.7 Others
- 10 Latin America Telepsychiatry Market
- 10.1 Market Share by Country
- 10.2 Brazil
- 10.3 Argentina
- 10.4 Mexico
- 10.5 Others
- 11 Middle East and Africa Telepsychiatry Market
- 11.1 Market Share by Country
- 11.2 Saudi Arabia
- 11.3 United Arab Emirates
- 11.4 Nigeria
- 11.5 South Africa
- 11.6 Others
- 12 Patent Analysis
- 12.1 Analysis by Type of Patent
- 12.2 Analysis by Publication year
- 12.3 Analysis by Issuing Authority
- 12.4 Analysis by Patent Age
- 12.5 Analysis by CPC Analysis
- 12.6 Analysis by Patent Valuation
- 12.7 Analysis by Key Players
- 13 Grants Analysis
- 13.1 Analysis by year
- 13.2 Analysis by Amount Awarded
- 13.3 Analysis by Issuing Authority
- 13.4 Analysis by Grant Application
- 13.5 Analysis by Funding Institute
- 13.6 Analysis by NIH Departments
- 13.7 Analysis by Recipient Organization
- 14 Funding Analysis
- 14.1 Analysis by Funding Instances
- 14.2 Analysis by Type of Funding
- 14.3 Analysis by Funding Amount
- 14.4 Analysis by Leading Players
- 14.5 Analysis by Leading Investors
- 14.6 Analysis by Geography
- 15 Partnership and Collaborations Analysis
- 15.1 Analysis by Partnership Instances
- 15.2 Analysis by Type of Partnership
- 15.3 Analysis by Leading Players
- 15.4 Analysis by Geography
- 16 Regulatory Framework
- 16.1 Regulatory Overview
- 16.1.1 US FDA
- 16.1.2 EU EMA
- 16.1.3 INDIA CDSCO
- 16.1.4 JAPAN PMDA
- 16.1.5 Others
- 17 Supplier Landscape
- 17.1 Telehealth
- 17.1.1 Financial Analysis
- 17.1.2 Product Portfolio
- 17.1.3 Demographic Reach and Achievements
- 17.1.4 Mergers and Acquisition
- 17.1.5 Certifications
- 17.2 Epsychiatry Pty. Ltd.
- 17.2.1 Financial Analysis
- 17.2.2 Product Portfolio
- 17.2.3 Demographic Reach and Achievements
- 17.2.4 Mergers and Acquisition
- 17.2.5 Certifications
- 17.3 CB Information Services, Inc.
- 17.3.1 Financial Analysis
- 17.3.2 Product Portfolio
- 17.3.3 Demographic Reach and Achievements
- 17.3.4 Mergers and Acquisition
- 17.3.5 Certifications
- 17.4 eVisit
- 17.4.1 Financial Analysis
- 17.4.2 Product Portfolio
- 17.4.3 Demographic Reach and Achievements
- 17.4.4 Mergers and Acquisition
- 17.4.5 Certifications
- 17.5 Advanced TeleMed Service
- 17.5.1 Financial Analysis
- 17.5.2 Product Portfolio
- 17.5.3 Demographic Reach and Achievements
- 17.5.4 Mergers and Acquisition
- 17.5.5 Certifications
- 17.6 innovaTel
- 17.6.1 Financial Analysis
- 17.6.2 Product Portfolio
- 17.6.3 Demographic Reach and Achievements
- 17.6.4 Mergers and Acquisition
- 17.6.5 Certifications
- 17.7 American Telepsychiatrists
- 17.7.1 Financial Analysis
- 17.7.2 Product Portfolio
- 17.7.3 Demographic Reach and Achievements
- 17.7.4 Mergers and Acquisition
- 17.7.5 Certifications
- 17.8 Encounter Telepsychiatry
- 17.8.1 Financial Analysis
- 17.8.2 Product Portfolio
- 17.8.3 Demographic Reach and Achievements
- 17.8.4 Mergers and Acquisition
- 17.8.5 Certifications
- 17.9 JSA Health Telepsychiatry, LLC
- 17.9.1 Financial Analysis
- 17.9.2 Product Portfolio
- 17.9.3 Demographic Reach and Achievements
- 17.9.4 Mergers and Acquisition
- 17.9.5 Certifications
- 17.10 Arcadian Telepsychiatry, LLC
- 17.10.1 Financial Analysis
- 17.10.2 Product Portfolio
- 17.10.3 Demographic Reach and Achievements
- 17.10.4 Mergers and Acquisition
- 17.10.5 Certifications
- 17.11 Genoa
- 17.11.1 Financial Analysis
- 17.11.2 Product Portfolio
- 17.11.3 Demographic Reach and Achievements
- 17.11.4 Mergers and Acquisition
- 17.11.5 Certifications
- 17.12 FasPsych, LLC
- 17.12.1 Financial Analysis
- 17.12.2 Product Portfolio
- 17.12.3 Demographic Reach and Achievements
- 17.12.4 Mergers and Acquisition
- 17.12.5 Certifications
- 17.13 General Electric
- 17.13.1 Financial Analysis
- 17.13.2 Product Portfolio
- 17.13.3 Demographic Reach and Achievements
- 17.13.4 Mergers and Acquisition
- 17.13.5 Certifications
- 17.14 TeleSpecialists
- 17.14.1 Financial Analysis
- 17.14.2 Product Portfolio
- 17.14.3 Demographic Reach and Achievements
- 17.14.4 Mergers and Acquisition
- 17.14.5 Certifications
- 17.15 Chiron Health
- 17.15.1 Financial Analysis
- 17.15.2 Product Portfolio
- 17.15.3 Demographic Reach and Achievements
- 17.15.4 Mergers and Acquisition
- 17.15.5 Certifications
- 17.16 Zipnosis
- 17.16.1 Financial Analysis
- 17.16.2 Product Portfolio
- 17.16.3 Demographic Reach and Achievements
- 17.16.4 Mergers and Acquisition
- 17.16.5 Certifications
- 17.17 Medtronic
- 17.17.1 Financial Analysis
- 17.17.2 Product Portfolio
- 17.17.3 Demographic Reach and Achievements
- 17.17.4 Mergers and Acquisition
- 17.17.5 Certifications
- 17.18 Iris Telehealth Inc.
- 17.18.1 Financial Analysis
- 17.18.2 Product Portfolio
- 17.18.3 Demographic Reach and Achievements
- 17.18.4 Mergers and Acquisition
- 17.18.5 Certifications
- 17.19 MDLIVE
- 17.19.1 Financial Analysis
- 17.19.2 Product Portfolio
- 17.19.3 Demographic Reach and Achievements
- 17.19.4 Mergers and Acquisition
- 17.19.5 Certifications
- 17.20 SOC Telemed
- 17.20.1 Financial Analysis
- 17.20.2 Product Portfolio
- 17.20.3 Demographic Reach and Achievements
- 17.20.4 Mergers and Acquisition
- 17.20.5 Certifications
- 18 Global Telepsychiatry Market - Distribution Model (Additional Insight)
- 18.1 Overview
- 18.2 Potential Distributors
- 18.3 Key Parameters for Distribution Partner Assessment
- 19 Key Opinion Leaders (KOL) Insights (Additional Insight)
- 20 Company Competitiveness Analysis (Additional Insight)
- 20.1 Very Small Companies
- 20.2 Small Companies
- 20.3 Mid-Sized Companies
- 20.4 Large Companies
- 20.5 Very Large Companies
- 21 Payment Methods (Additional Insight)
- 21.1 Government Funded
- 21.2 Private Insurance
- 21.3 Out-of-Pocket
Pricing
Currency Rates
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