Tuesday, November 29, 2022
Published 3 Years Ago on Wednesday, Feb 05 2020 By Inside Telecom Staff
In today’s intense digital world, it’s
easy to feel anxious, stressed out and mentally tired in an environment of
hyper-connectivity with exposure to a constant influx of information – always
available at our fingertips.
We all have our daily worries and if you’re not worried about a downturn in the economy, then perhaps you’re stressed out with the information overload of the current Coronavirus. Also, in the USA, its election year, and whether you live in the country or not, you’re bound to be inundated with the nitty gritty details concerning every candidate.
The Anxiety and Depression Association
of America state that anxiety impacts a startling 40 million Americans.
Furthermore, and perhaps more concerning, is that a 2019 report indicates that
over 56% of American adults have a mental illness and have not received
There does seem to be hope however,
despite all these factors that work against us. A committed team of
entrepreneurs and mental health professionals are collaborating and coming up
with innovative ideas to help put citizens at ease.
An increasing number of psychiatrists,
psychologists and variety of medical professionals are immersing themselves in
these new technologies in order to reach patients who are in need.
It could even be suggested that this
year, could be the year that mental health startups become more mainstream.
The very discussion of mental health
has progressed from being an awkward conversation point to an area that is
increasingly spoken about in the media and on television, with the intention to
make it easier to discuss within the home and in our daily lives. Certain stigmas
connected with mental illness are fading or beginning to disappear.
When one looks at the core of western
culture in areas like sports and entertainment, it’s easy to see why this shift
is taking place:
It’s becoming increasingly common to
see things like therapy sessions advertised on television or portrayed in
movies. There is also a lot of interest in the community about investing in
mental health. Estimates suggest that almost a billion dollars in venture
capital has been allocated to this space in recent years.
The growth of this area somewhat
emulates other times when industries such as online gaming or digital currency
startups sprouted in mass numbers.
Headspace, Calm, Talkspace, Mantra
Health and BetterHelp are some of the growing names that are attempting tackle
these issues by providing services ranging from meditation to bridging
This is a bi-product of
anticipated consumer demand, which now seems more warranted based on
efficiencies in pricing and access.
Innovative advancements in technology
have enabled completely new ways of working and have allowed for doctors and
patients to interact and connect easily; ranging from text messages, video
conferencing to virtual reality. This helps medical professionals avoid
traditional office expenses and allows for a more cost-effective, efficient solution.
Employers have also embraced these
services and have started to offer them as core resources or discounted benefit
services. This is clearly happening for good reason.
A study published in the U.S National
Library of Medicine highlighted that 86% of employees performed better after
receiving treatment for depression, with lower reported rates of absenteeism at
The ever-evolving cultural sentiment
and the increasing investment and technological advancements is significant of
a growing opportunity for emerging startups within the field for mental health.
Initiatives of this kind, will help promote and improve individual quality of life
for a better overall society.
In 2010, Qatar shocked the world when it won the right to host the World’s greatest sporting event. In contrast, the financial capability of Qatar was never in question. The main concern was the heat. Qatar has a very demanding climate, especially for the players. But the nation took it on as their biggest task […]
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