Global Telepsychiatry Market Size & Outlook, 2019-2027

The telepsychiatry industry worldwide is expected to reach a projected revenue of US$ 39,644.2 million by 2027. A compound annual growth rate of 24.4% is expected of the worldwide telepsychiatry industry from 2020 to 2027.
Revenue, 2019 (US$M)
$6,925.7
Forecast, 2027 (US$M)
$39,644.2
CAGR, 2020 - 2027
24.4%
Report Coverage
Worldwide

Global telepsychiatry market highlights

  • The global telepsychiatry market generated a revenue of USD 6,925.7 million in 2019 and is expected to reach USD 39,644.2 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 24.4% by 2027.
  • In terms of segment, in-home solutions accounted for a revenue of USD 2,588.4 million in 2019.
  • Crisis solutions is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, Sweden is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 6,925.7 million
Market revenue in 2027USD 39,644.2 million
Growth rate24.4% (CAGR from 2019 to 2027)
Largest segmentIn-home solutions
Fastest growing segmentCrisis solutions
Historical data covered2018 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationIn-home solutions, Forensic solutions, Routine solutions, Crisis solutions

Other key industry trends

  • In terms of revenue, the North America accounted for 38.2% of the global telepsychiatry market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Sweden is the fastest growing regional market and is projected to reach USD 915.9 million by 2027.

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Telepsychiatry Market Companies

Name Profile # Employees HQ Website

Global telepsychiatry market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to telepsychiatry market will help companies and investors design strategic landscapes.


In-home solutions was the largest segment with a revenue share of 37.37% in 2019. Horizon Databook has segmented the Global telepsychiatry market based on in-home solutions, forensic solutions, routine solutions, crisis solutions covering the revenue growth of each sub-segment from 2018 to 2027.


  • Global Telepsychiatry Product Outlook (Revenue, USD Million, 2018-2027)
    • In-home solutions
    • Forensic solutions
    • Routine solutions
    • Crisis solutions
    • Others
  • Global Telepsychiatry Age Group Outlook (Revenue, USD Million, 2018-2027)
    • Adult
    • Pediatric and Adolescent
    • Geriatric
  • Global Telepsychiatry End Use Outlook (Revenue, USD Million, 2018-2027)
    • Community Mental Health Centers
    • Specialty Care Settings
    • Skilled Nursing Facilities
    • Homecare
    • Others

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  • Our clientele includes a mix of telepsychiatry market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global telepsychiatry market, including forecasts for subscribers. This global databook contains high-level insights into Global telepsychiatry market from 2018 to 2027, including revenue numbers, major trends, and company profiles.

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Global telepsychiatry market size, by regions, 2018-2027 (US$M)

Top 10 countries: Telepsychiatry market size, 2019 (US$M)

Global telepsychiatry market share, by product, 2019 & 2027 (%, US$M)

Telepsychiatry market: Opportunity assessment by country

Global telepsychiatry market, by region, 2019 (US$M)

Global telepsychiatry market size, by regions, 2018-2027 (US$M)

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