Dublin, Jan. 06, 2025 (GLOBE NEWSWIRE) — The “Online Couples Therapy and Counseling Services Market Report 2024” report has been added to ResearchAndMarkets.com’s offering.
The online couples therapy and counseling services market size has grown rapidly in recent years. It will grow from $16.22 billion in 2023 to $17.9 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The online couples therapy and counseling services market size is expected to see rapid growth in the next few years. It will grow to $26.63 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.
The growth during the historic period can be attributed to the expansion of mental health coverage, increased convenience and accessibility, cost-effectiveness, overcoming geographical barriers, and enhanced anonymity and privacy.
The anticipated growth in the forecast period can be attributed to increased mental health awareness, the expansion of digital infrastructure, globalization, cross-cultural relationships, and economic factors. Major trends during this period include the integration of artificial intelligence and machine learning, the expansion of mobile apps, holistic and integrated health platforms, blended therapy models, and tailored, niche services.
The growing prevalence of anxiety and depression is expected to drive the expansion of the online couples therapy and counseling services market. Anxiety, characterized by excessive worry, fear, or nervousness, and depression, marked by persistent sadness, hopelessness, and a lack of interest or pleasure in most activities, are both mental health conditions that can significantly interfere with daily life. The rise in these conditions is often attributed to a mix of genetic, environmental, and lifestyle factors, such as stress, social isolation, and societal pressures.
Online couples therapy and counseling services offer accessible support and strategies to manage anxiety and depression, promoting communication and emotional connection between partners. For instance, the UK’s National Health Service (NHS) reported that in 2022-23, 86 million antidepressants were prescribed to about 8.6 million patients, a 2% increase, or 200,000 more patients, compared to 2021-22. Thus, the increasing prevalence of anxiety and depression is fueling the growth of the online couples therapy and counseling services market.
Leading companies in the online couples therapy and counseling services market are focusing on developing innovative services, such as counseling for LGBTQ individuals, to gain a competitive advantage. LGBTQ counseling services provide specialized support tailored to the unique challenges faced by lesbian, gay, bisexual, transgender, and queer or questioning individuals. For example, in August 2023, Eye Net Eye Co., Ltd., a Japanese marriage counseling agency, launched a crowdfunding campaign to expand its marriage counseling business to include the diverse values of LGBTQ individuals and advance its business innovation plan.
This initiative aims to enhance the inclusivity of their counseling services, showing a commitment to supporting all aspects of marriage and relationship counseling within the LGBTQ community. The campaign seeks to raise funds to develop resources and programs that align with these goals, fostering a more inclusive environment for clients from diverse backgrounds and identities.
North America was the largest region in the online couples therapy and counseling services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the online couples therapy and counseling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the online couples therapy and counseling services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Key Attributes:
Report Attribute | Details |
No. of Pages | 175 |
Forecast Period | 2024 – 2028 |
Estimated Market Value (USD) in 2024 | $17.9 Billion |
Forecasted Market Value (USD) by 2028 | $26.63 Billion |
Compound Annual Growth Rate | 10.4% |
Regions Covered | Global |
Some of the major companies profiled in this Online Couples Therapy and Counseling Services market report include:
- Teladoc Health Inc.
- Thriveworks
- Grow Therapy
- Included Health
- MDLIVE
- Octave
- Talkspace Inc.
- Amaha
- SonderMind Inc.
- 7 Cups
- The Gottman Institute
- Relationship Hero
- Little Otter Inc.
- Calmerry
- Agape Christian Counseling Services
- Growing Self Counseling & Coaching
- ReThink Therapy
- Ours Wellness Inc.
- Orlando Thrive Therapy
- OurRelationship
- Couples Therapy Inc.
- Relish
For more information about this report visit https://www.researchandmarkets.com/r/q51o6u
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Online Couples Therapy and Counseling Services Market Report 2024