Market Analysis

Mental Health Statistics

• Over 1 billion people globally are affected by mental health issues.

• Depression and anxiety disorders cost the global economy $1 trillion per year in lost productivity.

• There is a growing demand for accessible and affordable mental health solutions.

Existing Solutions

Current mental health solutions include traditional therapy, online counseling, mental health apps, and self-help books. However, these solutions often face challenges such as accessibility, affordability, and personalization.

Market Opportunity

The mental health app market is projected to reach $3.3 billion by 2027, with a CAGR of 20.5%. The increasing acceptance of digital health solutions and the rising prevalence of mental health disorders present a significant opportunity for RevivaAI.