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    South Korea Mental Health Software Devices Market

    ID: MRFR/HC/52780-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South Korea Mental Health Software Devices Market Research Report By Component (Software, Devices), By Functionality (Clinical, Administrative, Financial) and By End User (Providers, Payers, Patients)- Forecast to 2035

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    Table of Contents

    South Korea Mental Health Software Devices Market Summary

    The South Korea Mental Health Software Devices market is projected to grow significantly from 172 USD Million in 2024 to 1035 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Mental Health Software Devices Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 17.72% from 2025 to 2035.
    • By 2035, the market value is anticipated to reach 1035 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 172 USD Million, reflecting the current demand for mental health solutions.
    • Growing adoption of digital health technologies due to increasing awareness of mental health issues is a major market driver.

    Market Size & Forecast

    2024 Market Size 172 (USD Million)
    2035 Market Size 1035 (USD Million)
    CAGR (2025-2035) 17.72%

    Major Players

    Hanhwa Life Insurance, Samsung Medical Center, Mental Health Center Crisis Counseling, Mindgrasp, Zen Wellness, Korea Health Industry Development Institute, Therapist Finder, Practo, Bluebird Care, Korea Counseling Psychological Association, MediBloc

    South Korea Mental Health Software Devices Market Trends

    Digital mental health solutions are becoming more common in South Korea's mainstream healthcare system. The growth of mobile health apps and teletherapy services shows that people now want easy access to mental health facilities. This change is backed by the fact that mental health problems are becoming more common in the area, which has led both the government and local groups to put more money into tools and initiatives to raise awareness about mental health. Because South Korea is so focused on technology, more healthcare practitioners are using software gadgets to keep track of and assess mental health disorders.

    This makes treatment programs more tailored.

    One of the main things that drives the market is the fact that more and more people, especially young people and working adults, are dealing with anxiety and depression. The South Korean government knows about these problems and is working hard to promote initiatives that raise awareness of mental health issues and help people avoid them. The COVID-19 pandemic also sped up the use of mental health software since people wanted to get therapy and assistance from a distance. There are chances to make culturally appropriate mental health apps for South Koreans.

    Tech businesses and healthcare professionals might potentially work together to make mental health treatments more widely available and effective.

    Recent trends demonstrate that more and more platforms are being made that are easy to use for stress management, mindfulness, and therapy. This shows that mental health is becoming more widely accepted as an important part of total health. This changing market climate makes it a good time for new ideas and investments in mental health software devices in South Korea.

    South Korea Mental Health Software Devices Market Drivers

    Market Segment Insights

    Mental Health Software Devices Market Component Insights

    The Component segment of the South Korea Mental Health Software Devices Market encompasses essential elements that play a crucial role in delivering mental health solutions to users. This segment is primarily divided into two categories: Software and Devices. Software applications form the backbone of mental health interventions, offering services such as teletherapy, mood tracking, and symptom assessment, which are increasingly adopted due to their convenience, accessibility, and effectiveness.

    As digital transformation continues to shape healthcare in South Korea, the demand for diverse software solutions in mental health is rising, reflecting societal changes towards mental health awareness and the stigma reduction surrounding mental illnesses.

    On the other hand, the Devices category includes an array of hardware solutions designed to aid in the monitoring and treatment of mental health conditions. These may involve wearables that track physiological indicators, fostering personal insights into mental wellbeing while promoting initiative-taking healthcare management. The growing focus on preventive care and patient-centered approaches enhances the significance of these devices, as they offer patients the means to manage their mental health actively.

    Overall, the Component segment plays a vital role in facilitating integrated solutions that address complex mental health challenges in South Korea, aligning with the country's health policies aimed at improving mental health services and enhancing patient outcomes. The integration of these components not only supports health professionals but also empowers users, highlighting the importance of technological advancements and innovation in addressing mental health needs in South Korea.

    Additionally, with the increasing investment in Research and Development from both public and private sectors, coupled with supportive regulations, the Component segment is poised for further growth, contributing to a holistic approach to mental health management in the region.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Mental Health Software Devices Market Functionality Insights

    The South Korea Mental Health Software Devices Market is becoming increasingly important as mental health awareness rises, focusing on various functionalities tailored to meet diverse needs. The functionality segment is broadly categorized into Clinical, Administrative, and Financial aspects, each reflecting unique contributions to patient care and management. Clinical functionalities support mental health professionals through effective diagnosis and personalized treatment plans, addressing the rising demand for mental health services. Administrative functionalities streamline operations in healthcare facilities, enhancing the efficiency of patient management and resource allocation, which is critical as South Korea's healthcare system adapts to growing patient needs.

    Financial functionalities play a vital role in managing healthcare costs and ensuring that financial transactions are seamless, pivotal in maintaining sustainability in the service delivery model. Furthermore, the rapid adoption of digital health solutions, propelled by technological advancements, presents substantial growth opportunities within these functionalities, underscoring their significance in improving mental health care outcomes in South Korea. Overall, the segmentation of functionality drives innovations, enhances service delivery, and ensures that mental health software devices effectively address the evolving landscape of mental healthcare.

    Mental Health Software Devices Market End User Insights

    The South Korea Mental Health Software Devices Market shows diverse applications across various End User categories, including Providers, Payers, and Patients. Providers play a crucial role in delivering mental healthcare solutions, leveraging technology to enhance patient care and monitor outcomes effectively. Their engagement with mental health software ensures streamlined operations, which improves service delivery in hospitals and clinics. Payers, encompassing insurance companies and government health agencies, are instrumental in the financial aspects of this market, driving the adoption of mental health technologies through reimbursement models that emphasize value-based care.

    The inclusion of Patients as a significant user group indicates a progressive trend towards self-management of mental health, with individuals increasingly utilizing apps and devices for tracking symptoms and accessing therapy resources. This growing focus on patient-centric solutions not only enhances accessibility but also aligns with South Korea's healthcare policies aimed at promoting mental health awareness and support. The market dynamics reveal substantial growth opportunities, driven by the increasing burden of mental health issues and the emphasis on integrating mental health services within broader healthcare frameworks.

    As such, each End User segment contributes uniquely to the overall development and sophistication of mental health software devices in South Korea.

    Get more detailed insights about South Korea Mental Health Software Devices Market Research Report - Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The competitive insights of the South Korea Mental Health Software Devices Market reveal a rapidly evolving landscape driven by technological advancements and a growing acknowledgement of mental health issues among the population. As the demand for effective mental health solutions rises, numerous companies are entering the market with innovative software and device offerings aimed at improving mental health care delivery. The competitive environment is characterized by collaborations between technology developers and healthcare providers, enabling the integration of mental health solutions into broader healthcare frameworks.

    Factors such as regulatory support, increased funding for mental health initiatives, and a rising public interest in mental well-being are propelling growth in this sector. Moreover, as traditional therapy methods evolve, it is evident that digital solutions are increasingly becoming an essential tool in mental health management, providing both scalability and accessibility that are pivotal in addressing the mental health crisis.

    Hanhwa Life Insurance has established a substantial presence in the South Korea Mental Health Software Devices Market through its unique offerings that blend insurance services with mental wellness solutions. The company's strengths lie in its robust financial backing and a comprehensive understanding of the mental health landscape, which allows it to tailor products that cater to the diverse needs of its clients. By incorporating mental health services into their insurance packages, Hanhwa Life Insurance not only enhances their value proposition but also demonstrates a commitment to supporting mental wellness amongst policyholders.

    Furthermore, their deep-rooted customer engagement strategies and innovative approaches to integrating mental health awareness into their services have positioned them favorably within the competitive sphere, further enhancing their relevance and appeal in the growing market.

    Samsung Medical Center plays a crucial role in the South Korea Mental Health Software Devices Market by providing an array of services and innovative solutions that address mental health needs. Known for its comprehensive healthcare offerings, Samsung Medical Center is recognized for developing a range of digital tools designed to assist in the diagnosis and treatment of mental health disorders. Among its key products are telehealth platforms and mobile applications that facilitate remote consultations, ensuring accessibility while enhancing patient engagement.

    The center's strong community ties and commitment to research and development also contribute to its reputation as a leader in mental health solution provision. Notably, Samsung Medical Center has engaged in strategic partnerships and collaborations with mental health technology firms, reinforcing its position and enhancing its product portfolio. The center's strengths include a solid infrastructure, access to a vast patient base, and an innovative approach to mental health care that not only improves service delivery but also fosters advancements in mental health technologies within South Korea.

    Key Companies in the South Korea Mental Health Software Devices Market market include

    Industry Developments

    Recent developments in the South Korea Mental Health Software Devices Market have highlighted a surge in popularity for digital mental health solutions, particularly as the ongoing global health crisis has significantly raised awareness about mental health issues. Companies like Samsung Medical Center and Mindgrasp are focusing on enhanced teletherapy platforms, enabling better access to mental health care for the population. Additionally, Zen Wellness has been promoting its wellness applications to assist users in managing stress and anxiety more effectively.

    In terms of mergers and acquisitions, notable activities include the acquisition of MediBloc by a health tech consortium in April 2023, aimed at leveraging shared digital health resources to enhance mental health service delivery. This encapsulates the trend of collaborative integration within the market. The Korea Health Industry Development Institute has also released research indicating significant market growth, with the valuation of mental health software devices expected to increase by around 15% annually through 2025, fueled by rising demand for accessible mental health care solutions.

    Major happenings over the last couple of years reflect a holistic shift toward better mental health infrastructure, significantly impacting the industry landscape in South Korea.

    Market Segmentation

    Mental Health Software Devices Market End User Outlook

    • Providers
    • Payers
    • Patients

    Mental Health Software Devices Market Component Outlook

    • Software
    • Devices

    Mental Health Software Devices Market Functionality Outlook

    • Clinical
    • Administrative
    • Financial

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 148.02(USD Million)
    MARKET SIZE 2024 172.0(USD Million)
    MARKET SIZE 2035 1035.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 17.721% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Hanhwa Life Insurance, Samsung Medical Center, Mental Health Center Crisis Counseling, Mindgrasp, Zen Wellness, Korea Health Industry Development Institute, Therapist Finder, Practo, Bluebird Care, Korea Counseling Psychological Association, MediBloc
    SEGMENTS COVERED Component, Functionality, End User
    KEY MARKET OPPORTUNITIES Teletherapy platform integration, AI-driven mental health analytics, Mobile mindfulness applications, Corporate wellness program collaborations, Gamified therapy solutions
    KEY MARKET DYNAMICS increasing smartphone penetration, rising awareness of mental health, government support and funding, demand for teletherapy solutions, integration of AI technologies
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    What is the projected market size of the South Korea Mental Health Software Devices Market by 2035?

    The market is expected to reach a valuation of 1035.0 million USD by 2035.

    What was the market value of the South Korea Mental Health Software Devices Market in 2024?

    In 2024, the market value is expected to be 172.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the South Korea Mental Health Software Devices Market from 2025 to 2035?

    The anticipated CAGR for the market during this period is 17.721 percent.

    Which component of the South Korea Mental Health Software Devices Market has a higher projected value in 2035?

    The software segment is projected to be valued at 462.0 million USD by 2035, while the devices segment will be valued at 573.0 million USD.

    Who are the major players driving the South Korea Mental Health Software Devices Market?

    Key players in the market include Hanhwa Life Insurance, Samsung Medical Center, and Mindgrasp among others.

    What is the market value of the software component of the South Korea Mental Health Software Devices Market in 2024?

    The software component is valued at 76.0 million USD in 2024.

    What are the market growth drivers for the South Korea Mental Health Software Devices Market?

    Increasing awareness and acceptance of mental health issues are key growth drivers for the market.

    What significant trends are expected to impact the South Korea Mental Health Software Devices Market by 2035?

    Emerging technologies and a growing demand for remote mental health services are expected trends in the market.

    How has the overall South Korea Mental Health Software Devices Market been valued for devices in 2024?

    The devices segment is valued at 96.0 million USD in 2024.

    What are the expected opportunities within the South Korea Mental Health Software Devices Market?

    Opportunities lie in the integration of AI and mobile technology in mental health solutions.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. South
    59. Korea Mental Health Software Devices Market, BY Component (USD Million)
    60. Software
    61. Devices
    62. South
    63. Korea Mental Health Software Devices Market, BY Functionality (USD Million)
    64. Clinical
    65. Administrative
    66. Financial
    67. South
    68. Korea Mental Health Software Devices Market, BY End User (USD Million)
    69. Providers
    70. Payers
    71. Patients
    72. Competitive Landscape
    73. Overview
    74. Competitive
    75. Analysis
    76. Market share Analysis
    77. Major
    78. Growth Strategy in the Mental Health Software Devices Market
    79. Competitive
    80. Benchmarking
    81. Leading Players in Terms of Number of Developments
    82. in the Mental Health Software Devices Market
    83. Key developments
    84. and growth strategies
    85. New Product Launch/Service Deployment
    86. Merger
    87. & Acquisitions
    88. Joint Ventures
    89. Major
    90. Players Financial Matrix
    91. Sales and Operating Income
    92. Major
    93. Players R&D Expenditure. 2023
    94. Company
    95. Profiles
    96. Hanhwa Life Insurance
    97. Financial
    98. Overview
    99. Products Offered
    100. Key
    101. Developments
    102. SWOT Analysis
    103. Key
    104. Strategies
    105. Samsung Medical Center
    106. Financial
    107. Overview
    108. Products Offered
    109. Key
    110. Developments
    111. SWOT Analysis
    112. Key
    113. Strategies
    114. Mental Health Center Crisis
    115. Counseling
    116. Financial Overview
    117. Products
    118. Offered
    119. Key Developments
    120. SWOT
    121. Analysis
    122. Key Strategies
    123. Mindgrasp
    124. Financial
    125. Overview
    126. Products Offered
    127. Key
    128. Developments
    129. SWOT Analysis
    130. Key
    131. Strategies
    132. Zen Wellness
    133. Financial
    134. Overview
    135. Products Offered
    136. Key
    137. Developments
    138. SWOT Analysis
    139. Key
    140. Strategies
    141. Korea Health Industry Development
    142. Institute
    143. Financial Overview
    144. Products
    145. Offered
    146. Key Developments
    147. SWOT
    148. Analysis
    149. Key Strategies
    150. Therapist
    151. Finder
    152. Financial Overview
    153. Products
    154. Offered
    155. Key Developments
    156. SWOT
    157. Analysis
    158. Key Strategies
    159. Practo
    160. Financial
    161. Overview
    162. Products Offered
    163. Key
    164. Developments
    165. SWOT Analysis
    166. Key
    167. Strategies
    168. Bluebird Care
    169. Financial
    170. Overview
    171. Products Offered
    172. Key
    173. Developments
    174. SWOT Analysis
    175. Key
    176. Strategies
    177. Korea Counseling Psychological
    178. Association
    179. Financial Overview
    180. Products
    181. Offered
    182. Key Developments
    183. SWOT
    184. Analysis
    185. Key Strategies
    186. MediBloc
    187. Financial
    188. Overview
    189. Products Offered
    190. Key
    191. Developments
    192. SWOT Analysis
    193. Key
    194. Strategies
    195. References
    196. Related
    197. Reports
    198. LIST
    199. OF ASSUMPTIONS
    200. South Korea Mental Health Software Devices
    201. Market SIZE ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    202. South
    203. Korea Mental Health Software Devices Market SIZE ESTIMATES & FORECAST, BY FUNCTIONALITY,
    204. 2035 (USD Billions)
    205. South Korea Mental Health Software
    206. Devices Market SIZE ESTIMATES & FORECAST, BY END USER, 2019-2035 (USD Billions)
    207. PRODUCT
    208. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    209. ACQUISITION/PARTNERSHIP
    210. LIST
    211. Of figures
    212. MARKET SYNOPSIS
    213. SOUTH
    214. KOREA MENTAL HEALTH SOFTWARE DEVICES MARKET ANALYSIS BY COMPONENT
    215. SOUTH
    216. KOREA MENTAL HEALTH SOFTWARE DEVICES MARKET ANALYSIS BY FUNCTIONALITY
    217. SOUTH
    218. KOREA MENTAL HEALTH SOFTWARE DEVICES MARKET ANALYSIS BY END USER
    219. KEY
    220. BUYING CRITERIA OF MENTAL HEALTH SOFTWARE DEVICES MARKET
    221. RESEARCH
    222. PROCESS OF MRFR
    223. DRO ANALYSIS OF MENTAL HEALTH SOFTWARE
    224. DEVICES MARKET
    225. DRIVERS IMPACT ANALYSIS: MENTAL HEALTH
    226. SOFTWARE DEVICES MARKET
    227. RESTRAINTS IMPACT ANALYSIS: MENTAL
    228. HEALTH SOFTWARE DEVICES MARKET
    229. SUPPLY / VALUE CHAIN:
    230. MENTAL HEALTH SOFTWARE DEVICES MARKET
    231. MENTAL HEALTH SOFTWARE
    232. DEVICES MARKET, BY COMPONENT, 2025 (% SHARE)
    233. MENTAL HEALTH
    234. SOFTWARE DEVICES MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    235. MENTAL
    236. HEALTH SOFTWARE DEVICES MARKET, BY FUNCTIONALITY, 2025 (% SHARE)
    237. MENTAL
    238. HEALTH SOFTWARE DEVICES MARKET, BY FUNCTIONALITY, 2019 TO 2035 (USD Billions)
    239. MENTAL
    240. HEALTH SOFTWARE DEVICES MARKET, BY END USER, 2025 (% SHARE)
    241. MENTAL
    242. HEALTH SOFTWARE DEVICES MARKET, BY END USER, 2019 TO 2035 (USD Billions)
    243. BENCHMARKING
    244. OF MAJOR COMPETITORS

    South Korea Mental Health Software Devices Market Segmentation

     

     

     

    • Mental Health Software Devices Market By Component (USD Million, 2019-2035)

      • Software
      • Devices

     

    • Mental Health Software Devices Market By Functionality (USD Million, 2019-2035)

      • Clinical
      • Administrative
      • Financial

     

    • Mental Health Software Devices Market By End User (USD Million, 2019-2035)

      • Providers
      • Payers
      • Patients

     

     

     

     

     

     

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