According to Fortune Business Insights, the global telepsychiatry market was valued at USD 14.20 billion in 2024. The market is projected to grow to USD 16.28 billion in 2025 and reach USD 51.79 billion by 2032, exhibiting a CAGR of 18.0% during the forecast period. In 2024, North America dominated the telepsychiatry market with a market share of 46.9%.