Online Therapy Market

Goals

In order to prepare for a meeting, provide the current market size of the global online therapy market, a growth projection for the next year, the number of people using online therapy, and 3-4 of the top players and their revenues.

Early Findings

Your research team was unable to provide any additional information on the global online therapy market than what was already provided in the original research. As such, we expanded the scope of this research to include the entire telemental health market, which includes the online therpay market.

Market Size

  • The market size of the global telemental health market in 2018 was $2.60 billion USD.
  • The market is expected to grow at a CAGR of 24.65% till 2026, meaning that in 2020 the global telemental health market is predicted to be valued at $4.04 billion USD.
  • The global telemental health market is "the use of telemedicine technology which provides mental health services from a distance. Additionally, it also provides consultation, supervision, health intervention, assessment, education, and information across distances."

Key Players

  • Key players in the global telemental health market include Cisco Systems, Inc. (US), AMD Global Telemedicine, Inc (US), Aerotel Medical Systems (1998) Ltd. (Israel), Medtronic (Ireland), F. Hoffmann-La Roche Ltd. (Switzerland), McKesson Corporation (US), Koninklijke Philips N.V. (Netherlands), Otsuka America Pharmaceutical Inc. (US), Cerner Corporation (US), Allscripts (US), InTouch Technologies, Inc. (US), Resideo Technologies, Inc. (US), BioTelemetry, Inc. (US), OBS Medical Ltd. (UK), American Well (US), Empower Interactive, Inc. (US), MDLIVE Inc. (US), TalkSession Inc. (US), Talkspace (US), Virtual Therapy Center, LLC (US), Teladoc, Inc. (US), and WeCounsel (US).
  • Not all of these key players offer direct therapy, some offer platforms and other supports for telehealth services.

PROPRIETARY RESEARCH AVAILABLE

We found some proprietary research from one of our data partners which may be helpful:

Market Analysis of the US Telemental Health Market, including a forecast to 2021 (Frost & Sullivan, $4,950.00)

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Proposed next steps:

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