Digital Mental Health Platforms Key Players and Market Trends Analysis

Digital Mental Health Platforms Market Companies and Forecast

• BetterHelp
• Talkspace
• Headspace Health
• Calm
• Woebot Health
• Ginger
• Lyra Health
• Spring Health
• Cerebral
• Quartet Health
• Teladoc Health
• SilverCloud Health
• Big Health
• Happify Health
• Pear Therapeutics
• Meru Health
• Mindstrong Health
• Modern Health
• ableTo
• Lantern

Market Growth

The global digital mental health platforms market size is calculated at US$ 0.80 billion in 2024, grew to US$ 0.89 billion in 2025, and is projected to reach around US$ 2.49 billion by 2034. The market is expanding at a CAGR of 12.37% between 2025 and 2034.

Trends in the Digital Mental Health Platforms Market

The expanding smartphone/internet penetration and advancements in technologies like AI and telehealth are supporting the innovations in mental health approaches.

• In September 2025, Arete Group partnered with Mental Health Platform MindPeers to boost employee mental health.
• In February 2025, the University of Manchester secured £1.8m funding for a digital therapeutic platform for severe mental illness.
• In June 2024,  INVI MindHealth, a leading mental health technology company, raised $1.5M in a Series Seed funding round to propel advancements in their mobile application, with enhanced emphasis on user experience and integrating expert content on different mental health topics and solutions.

Latest Announcements by Industry Leaders

• In August 2025, Alpha Global, a trusted provider of technology-driven solutions for healthcare and care providers, announced an exclusive distribution agreement for the newly introduced LIO mental health operating platform. Jeremy Clare, Head of Product at Alpha Global, replied that this will expand in supporting clinicians with intelligent, contactless insights that progress patient care and safety.
• In June 2025, Iris Telehealth, a major provider of telepsychiatry services, and Holmusk, a global player in real-world evidence and data analytics for behavioral health, announced a strategic collaboration to introduce two advanced AI platforms to revolutionize mental health care through clinical real-world data and localized insights. Andy Flanagan, CEO of Iris Telehealth, said that this demonstrates a milestone leap forward in their mission to innovate behavioral healthcare delivery.

Recent Developments in the Digital Mental Health Platforms Market

• In August 2025, LIO today launched its novel all-in-one platform for inpatient mental health services, featuring a compliance reporting suite, next-generation digital observations, and adaptive monitoring modes.
• In August 2025, Menta launched an AI-driven mental health platform to transform access to inexpensive, evidence-based mental health support.
• In May 2025, Reflexion unveiled an AI-enabled platform established to deliver accessible, self-guided emotional reflection, with a focus on revolutionizing early-stage mental health care.

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