Mental health app installs have dropped more than 30 percent since January 2021, according to a report from Apptopia.
Headspace and Noom had the steepest declines of the companies Apptopia analyzed.
"The mobile performance trend lines for the market resemble that of Peloton: after an uplift in downloads and engagement over 2020, it had its last hurrah in January 2021 before declining," the report noted.