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Telepsychiatry: Enhancing Access to Mental Healthcare

Telepsychiatry utilizes telecommunication technologies to provide remote psychiatric assessment, diagnosis, therapy, and consultation services to patients. As opposed to traditional in-person psychiatric treatment, telepsychiatry allows psychiatrists to evaluate and treat patients who are in remote or underserved locations.

Benefits of Telepsychiatry
One of the major benefits of Telepsychiatry is that it enhances access to mental healthcare, especially in rural and underserved areas with shortages of psychiatrists. According to a study published in The American Journal of Psychiatry, about 60% of US counties do not have a single practicing psychiatrist. Telepsychiatry helps address this critical shortage by enabling psychiatrists to treat patients remotely across a wide geographic area. It removes the barrier of travel and brings psychiatric services to where patients live and receive other medical care.

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Telepsychiatry Market - Report & Production Statistics

Telepsychiatry Market is valued 9.58 Bn in 2024 and grow at a CAGR of 20% to reach 34.25 Bn by 2031. Teladoc Health, American Well, Doctor On Demand, MDLive, Amwell, HealthTap, Talkspace, BetterHelp are the major companies operating this market.