Telepsychiatry Market: Virtual Consultation Emerging as a Significant Breakthrough, Supplementing Large Scale Adoption
Poor mental health resulting in increased instances of mental disorders such as stress and anxiety are perceived to support expansion in global telepsychiatry market owing to resilient adoption in recent years, likely to maintain similar pace in the foreseeable future as well. These market highlights are in sync with Adroit Market Research’s newly collated business intelligence report.
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A new research data investing multifarious developments and their resultant impact on growth has been added to the burgeoning data archive to offer readers with prudent business strategies poised to ensure a lucrative growth trajectory in a post COVID-19 business environment.
Several statistical data suggest that prevalence of suicidal tendencies amongst the youth has risen astronomically which supports reliance on telepsychiatry mode of treatment to address mental concerns directly, thus ensuring an optimistic growth trajectory for global telepsychiatry market.
Recent dynamics influenced by the sudden catastrophe has impacted businesses and interfered with the stable growth trajectory across industries. This has also resulted in job cuts, lay-offs and tremendous monetary burden, pushing many towards taking up the drastic step of suicide, stemming from mental agony. Factors as such are poised to initiate greater acceptance of telepsychiatry as an effective therapeutic practice to address mental ailments.
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Telepsychiatry solutions allow affordable and user-friendly mental health solutions that are witnessing mainstream status amongst medical practitioners. These developments are supplementing market expansion in multiple ways. Telepsychiatry solutions allow access to highly cost efficient and effective mental health therapeutics.
Since mental health disorders are often associated with stigma, patient reluctance to accept their mental condition and opt for accurate treatment is a significant challenge, restricting growth visibly. Emergence of virtual telepsychiatry services is accounted to address these challenges and stimulate greater adoption amongst patient pools, resulting in a promising growth trajectory.
Key players in this market include InSight Telepsychiatry, American Telepsychiatrists, Iris Telehealth, SOC Telemed, Advanced TeleMed Services, FasPsych, Genoa Healthcare, Encounter Telehealth, Arcadian Telepsychiatry, InnovaTel
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Key segments of the global telepsychiatry market
Product Overview, 2013-2025 (USD Million)
- Routine Telepsychiatry
- Forensic Telepsychiatry
- Crisis Telepsychiatry
- In-home Telepsychiatry
End-User Overview, 2013-2025 (USD Million)
- Adult
- Pediatric and Adolescent
- Geriatric Population
Regional Overview, 2013-2025 (USD Million)
- North America
- S.
- Europe
- Asia Pacific
- Japan
- China
- India
- South East Asia
- Rest of the World
Some Major Points from Table Of Contents
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Stake Holders
2.2. Research Methodology
2.3. Market Size Estimation Methodology
2.4. Forecasting Methodology
2.5. Scope, Definition, and Assumptions
2.6. Assumptions
2.7. Research Sources
2.7.1. Primary Research Sources
2.7.2. Secondary Research Sources
Chapter 3. Market Outlook
3.1. Drivers
3.1.1. High incidence of mental health conditions
3.1.2. Lack of access to mental health professionals
3.1.3. New technology influx to drive growth
3.1.4. Growing suicide cases
3.2. Restraints
3.2.1. Security and privacy concerns in telemedicine
3.3. Challenge and risk
3.3.1. Legal issues and lack of reimbursement
3.3.2. Economic burden of mental disorders
Chapter 4. Global Telepsychiatry Market Overview, By Product
4.1. Global telepsychiatry market share, by Product, 2018 & 2025
4.1.1. Routine Telepsychiatry
4.1.1.1. Market size and projections, 2013-2025
4.1.2. Forensic Telepsychiatry
4.1.2.1. Market size and projections, 2013-2025
4.1.3. Crisis Telepsychiatry
4.1.3.1. Market size and projections, 2013-2025
4.1.4. In-home Telepsychiatry
4.1.4.1. Market size and projections, 2013-2025
Chapter 5. Global Telepsychiatry Market Overview, By End-User
5.1. Global Telepsychiatry market share, by End-User, 2018 & 2025
5.1.1. Adult
5.1.1.1. Market size and projections, 2013-2025
5.1.2. Pediatric and Adolescent
5.1.2.1. Market size and projections, 2013-2025
5.1.3. Geriatric Population
5.1.3.1. Market size and projections, 2013-2025
Chapter 6. Global Telepsychiatry Market Overview, By Region
6.1. Global telepsychiatry market share, by region, 2018 & 2025
6.2. Global
6.2.1. Market size and projections, 2013-2025
6.2.2. Market size and projections, by Product 2013-2025
6.2.3. Market size and projections, by End-User 2013-2025
6.2.4. North America
6.2.4.1. Market size and projections, 2013-2025
6.2.4.2. Market size and projections, by Product, 2013-2025
6.2.4.3. Market size and projections, by End-User, 2013-2025
6.2.4.4. U.S.
6.2.4.4.1. Market size and projections, 2013-2025
6.2.4.4.2. Market size and projections, by Product, 2013-2025
6.2.4.4.3. Market size and projections, by End-User, 2013-2025
6.2.5. Europe
6.2.5.1. Market size and projections, 2013-2025
6.2.5.2. Market size and projections, by Product, 2013-2025
6.2.5.3. Market size and projections, by End-User, 2013-2025
6.2.6. Asia Pacific
6.2.6.1. Market size and projections, 2013-2025
6.2.6.2. Market size and projections, by Product, 2013-2025
6.2.6.3. Market size and projections, by End-User, 2013-2025
6.2.6.4. China
6.2.6.4.1. Market size and projections, 2013-2025
6.2.6.4.2. Market size and projections, by Product, 2013-2025
6.2.6.4.3. Market size and projections, by End-User, 2013-2025
6.2.6.5. Japan
6.2.6.5.1. Market size and projections, 2013-2025
6.2.6.5.2. Market size and projections, by Product, 2013-2025
6.2.6.5.3. Market size and projections, by End-User, 2013-2025
6.2.6.6. India
6.2.6.6.1. Market size and projections, 2013-2025
6.2.6.6.2. Market size and projections, by Product, 2013-2025
6.2.6.6.3. Market size and projections, by End-User, 2013-2025
6.2.6.7. South East Asia
6.2.6.7.1. Market size and projections, 2013-2025
6.2.6.7.2. Market size and projections, by Product, 2013-2025
6.2.6.7.3. Market size and projections, by End-User, 2013-2025
6.2.7. Others
6.2.7.1. Market size and projections, 2013-2025
6.2.7.2. Market size and projections, by Product, 2013-2025
6.2.7.3. Market size and projections, by End-User, 2013-2025
Chapter 7. Company Profiles
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