The booming growth of mental health tech
Over the past few years, the mental health app market has been expanding at breakneck speed. From meditation apps and mood trackers to CBT tools and online therapy, users are looking for accessible digital formats to cope with stress, anxiety, and burnout.
- Demand is high: people are increasingly willing to trust tech with their mental health.
- Competition is intense: dozens of apps launch every month, often with overlapping feature sets.
The monetization dilemma
Despite rapid growth, money remains a sensitive issue:
- Users don’t always feel comfortable paying for something they perceive as a right to care.
- Subscriptions and paywalls can trigger resistance — especially for people dealing with anxiety or depression.
- There’s a thin line between building a sustainable business model and exploiting a vulnerable audience.
What we learned while building apps in this space
1. Trust is everything
Users share deeply personal information in these apps. If they don’t feel safe and see transparency, they will leave.
2. Features must help, not overwhelm
Complex tracking systems or endless options create friction. Users want simple, actionable steps that help them right now.
3. Monetization should be gentle
- Free access to core features reduces anxiety about barriers.
- Subscriptions work better when framed as “extra support” rather than “pay or leave.”
- Freemium models often succeed: essential practices stay free, while advanced personalization comes at a price.
The balance between impact and revenue
The biggest challenge in this space is balance:
- Users should feel that the app helps them cope, not monetizes their struggles.
- Companies need sustainable business models to grow and innovate.
- The sweet spot lies where user value and business value overlap.
Looking ahead
The future of mental health tech depends on three forces:
- Integration with healthcare systems — to be seen as part of real care.
- AI and personalization — algorithms that provide support at the exact moment it’s needed.
- Transparent monetization — honesty and respect will become a major competitive advantage.