The global chatbots for mental health and therapy market is expected to see strong growth in the next few years, reaching $1.79 billion in 2028 at a CAGR of 9.0%. This growth can be attributed to the growing need for scalable therapy solutions, increasing acceptance and adoption of digital health technologies, and rising awareness about mental health issues. Major trends in the market include technological advancements, expansion of teletherapy capabilities, and integration with wearable devices and other digital health tools. Top companies in the market include Talkspace Online Therapy Inc., IBM, Cisco Systems, Oracle, Twilio, Teladoc Health, BetterHelp, Calm.com, American Well Corp., Headspace Inc., and more.
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