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The COVID-19 pandemic has further exacerbated the mental health crisis creating a drive to develop innovative digital mental health solutions
On the other hand, we are seeing surging investments into digital platforms that are challenging the age-old established practices and shaping the future of mental healthcare through digital mental health solutions.
Influencers are raising mental health awareness
Primary drivers Uberizing mental health
With rising cases of mental health and increasing awareness, we are also witnessing a substantial increase in digital health investments.
Mental health was the top-funded category raking in $USD 1.5 billion in investments.
There are four primary drivers attracting record investments in mental health.
According to the National Institute of Mental Health (NAMI) in 2019, only 44.8% of adults with any mental illness (AMI) received mental health services.4 With the escalation in cases due to the pandemic, the need for new methods and approaches for mental health services has only widened.
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