Telepsychiatry Market to Worth USD 34.25 Billion by 2031 | Coherent Market Insights [Yahoo! Finance]
Healthcare Services Group, Inc. (HCSG)
Last healthcare services group, inc. earnings: 2/11 04:48 pm
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Source: Yahoo! Finance
Burlingame, Nov. 12, 2024 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global telepsychiatry market size is estimated to be valued at USD 9.58 billion in 2024 and is expected to surpass USD 34.25 billion by 2031, growing at a CAGR of 20% from 2024 to 2031. The growth of the telepsychiatry market is majorly driven by the rising demand for telepsychiatry services and shortage of psychiatrists. Telepsychiatry addresses the shortage of mental health professionals in the remote areas. This provides virtual psychiatry consultations and care. It allows people in rural areas to access mental healthcare services. They no longer need to travel long distances for treatment. Request a Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/7283 Telepsychiatry also reduces the stigma associated with visiting a psychiatrist in-person. This encourages more people to seek psychiatrist help virtually. Market Trends: Growth in Digitization
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HCSG
Earnings
- 10/23/24 - Beat
HCSG
Sec Filings
- 11/13/24 - Form SC
- 11/8/24 - Form SC
- 10/25/24 - Form 10-Q
- HCSG's page on the SEC website