Press Release   -

Online Therapy Services Market to Reach USD 43.45 Billion by 2035

According to analysts at Vantage Market Research, the Global Online Therapy Services Market size is worth USD 9.7 Billion in 2024 and is projected to reach USD 43.45 Billion by 2035, growing at a CAGR (Compound Annual Growth Rate) of 14.6% from 2024 to 2035. Key trends of market include AI-powered therapy, VR-based counseling, rising demand for cognitive behavioral therapy (CBT), subscription-based models, mobile app integration, multilingual support, and growing corporate wellness programs.

Market Overview

The rising incidence of mental health disorders worldwide, further intensified by the isolation and loneliness experienced during the pandemic fueled the Online Therapy Services market. With restrictions on in-person counseling, digital therapy platforms have seen a significant surge in users in recent years. According to the National Alliance on Mental Illness (NAMI), one in five U.S. adults’ experiences mental illness each year. Additionally, a 2021 World Health Organization (WHO) report highlighted a more than 25% increase in global anxiety and depression rates during the first year of the pandemic. As mental health issues continue to affect lives, people are increasingly turning to digital solutions for accessible and remote care. The growing awareness and reduced stigma surrounding mental health apps have made individuals more receptive to virtual therapy. 

The integration of cutting-edge technologies such as augmented reality (AR) and virtual reality (VR) presents new opportunities for market. By offering an immersive, interactive experience, these technologies can improve therapy efficacy and assist reduce geographic barriers. Augmented reality (AR) allows therapists to gain a deeper understanding of a patient's surroundings, body language, and facial expressions. Additionally, AR-powered exposure therapy can simulate anxiety-inducing scenarios in a controlled manner, helping individuals gradually confront and overcome their fears.

Uwill, a mental health provider, acquired Virtual Care Group

• In July 2024, Uwill, a mental health provider, acquired Virtual Care Group, a telehealth and wellness support company serving students at over 100 colleges. With this acquisition, Uwill—already supporting more than 2 million students across 300 institutions worldwide—will further expand its services and reach

Key Takeaways from the Report

• North America dominated the market with 42.2.% of market share in 2024. Market is driven by the widespread adoption of digital healthcare solutions
• Based on the Type, the Cognitive Behavioral Therapy category accounted for significant market share of 34.6% in 2024. The Segment is driven by its ability to assist patients in recognizing and changing their behavioral patterns, which in turn lowers stress and improves general wellbeing
• In 2024, by Conditions, Depression dominated the market with significant market share of 26.05%. The segment is driven by the high global prevalence of depression, increased awareness of mental health, and the growing acceptance of online therapy as an effective treatment option.
• By End User, Hospitals & Clinics dominated the market with significant market share of 28.9% in 2024. 

Top Companies

• Calmerry
• TherapyAid
• CareMe Health
• MDLIVE
• BetterHelp
• SOC Telemed
• BreakThroughCounseling Services
• Talkspace
• HopeQure
• 7 Cups of Tea
• ReGain
• American Well Corp.
• Cerebral Inc.
• Doctor on Demand
• PlushCare

Report Coverage

Our market research reports provide comprehensive insights that are essential for strategic decision-making. We cover all key aspects of the market, including dynamics such as drivers, restraints, opportunities, and challenges, alongside the latest industry trends. Our analysis includes an in-depth technology roadmap, product life cycle evaluation, and PESTLE analysis, ensuring a thorough understanding of the market environment. We also assess GDP growth outlooks, examine regional market landscapes, and evaluate the impact of major events like the COVID-19 pandemic. Additionally, our reports feature a detailed competitive landscape, including company market shares and profiles, providing actionable intelligence to empower your business strategies.

Latest News

Rethink Rehab, an online speech therapy clinic founded by Fathimath Sunaina, launched its new website

• In February 2024, Rethink Rehab, an online speech therapy clinic founded by Fathimath Sunaina, launched its new website, www.rethinkrehab.in. This initiative builds on their strong presence on YouTube and social media, providing a dedicated platform for their speech therapy services

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.