Rising Demand for Remote Mental Health Solutions Drives Telepsychiatry Market

Global telepsychiatry market was valued US $10.69 Bn in 2022 and is expected to reach US $62.91 Bn by 2030, growing at a CAGR of 24.8% during the forecast period 2023-2030
Telepsychiatry, a rapidly evolving facet of healthcare, has witnessed remarkable growth in recent years. The burgeoning demand for mental health services, coupled with advancements in technology, has propelled the Telepsychiatry market into the spotlight. This innovative approach to mental health care utilizes telecommunications technology to provide psychiatric services remotely, breaking down geographical barriers and enhancing accessibility for individuals seeking mental health support.