Market Research Services and Market Research

Mental Health Software Market

MMC001183
Category: Information & Communication Technology
Nov.2024
Publisher id : Meridian Market Consultants
No. of pages : 130
Rating :
Format : PDF,PPT

Report Description
Table Of Content

Mental Health Software Market Overview

The report is titled as ‘Mental Health Software Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the mental health software market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Mental health software market is expected to grow with significant rate in the near future.

The global mental health software market in 2020 is estimated for more than US$ 3,949.5 Mn and expected to reach at a value of US$ 10,140.4 Mn by 2028 with a significant CAGR of 12.5%.

Mental Health Software Market Definition

Mental health software enables healthcare professionals and doctors to choose the best treatment plan for patients suffering from anxiety, depression, addiction, press, and other mental health conditions. This advanced software will allow the users to schedule an online appointment with their doctors. It also facilitates the payment of medical bills with the help of mobile devices like smartphones, tablets, and computers. The software also has the capability to retrieve laboratory data and pharmacy bills.

Mental Health Software Market Dynamics

Factors like going adoption of mental health software coupled with the government's initiation to promote the sound health of the citizens are increasing the demand for such software in the market. Moreover, increasing emphasis on subscription models along with elevating applications of telehealth as the means of patient care services is further fuelling the growth of the mental health software market. However, a shortage of IT professionals may hamper the growth of this market.

The global mental health software market is expected to increase at a significant CAGR over the forecast period owing to the increasing demand for mental health services, supportive government initiation, and advancement in technology. Moreover, increasing demand for MHS software from emerging countries is further aiding the growth of this market.

Mental Health Software Market Key Players

The global mental health software market is mainly dominated by Cerner Corporation, Core Solutions Inc., Credible Behavioral Health Inc., Epic Systems Corporation, MindLinc, Netsmart technologies Inc., Nextgen Healthcare Information Systems LLC, Qualifacts Systems Inc., Valant Medical Solutions Inc. and Welligent Inc.

Mental Health Software Market Segmentation

The global mental health software market is segmented on the basis of deployment mode, mode of access, function, application, and region.

On the basis of deployment mode, the global mental health software market can be segmented into on-premise and subscription (cloud-based). On the basis of mode of access, the global mental health software market can be segmented into desktops/laptops and tablets/smartphones. On the basis of function, the global mental health software market can be segmented into telehealth, payroll, revenue cycle management, ledger, business intelligence, electronic health record (EHR) and clinical decision support. On the basis of application, the global mental health software market can be segmented into commercial and residential. The commercial segment is further fragmented into hospitals and clinics and others.

Mental Health Software Market Regional Overview & Analysis

On the basis of region, the global mental health software market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America mental health software market is expected to be the most dominating market throughout the forecast period. Increasing behavior health reforms, availability of government funding is boosting the need for the software globally. In addition, mental disorders coupled with the adoption of advanced and technical healthcare solutions is further promoting the growth of the mental health software market.

MMC Overview on Mental Health Software Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Mental Health Software market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

• New product designs and launches

• Current product compliance

• Reimbursement

• Concerns for use of Mental Health Software

• Advantages of Mental Health Softwares

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1. Global Mental Health Software Market Report Overview

1.1. Introduction

1.2. Report Description

1.3. Methodology

2. Global Mental Health Software Market Overview

2.1. Introduction

2.1.1. Market Definition

2.1.2. Market Taxonomy

2.2. Executive Summary

2.3. Global Mental Health Software Market Snapshot

2.4. Global Mental Health Software Market Size and Forecast, 2018–2026

2.4.1. Introduction

2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2018–2026)

2.5. Global Mental Health Software Market Dynamics

2.5.1. Drivers

2.5.2. Restraints

2.5.3. Opportunity

2.5.4. Trends

2.6. Key Regulations

2.7. Porter’s Five Forces Model

3. Global Mental Health Software Market, By Deployment Mode

3.1. Introduction

3.1.1. Annual Growth Rate Comparison, By Deployment Mode

3.1.2. BPS Analysis, By Deployment Mode

3.2. Market Revenue (US$Mn) Forecast, By Deployment Mode

3.2.1. On-premise

3.2.2. Subscription (Cloud-Based)

3.3. Global Mental Health Software Market Attractiveness Index, By Deployment Mode

4. Global Mental Health Software Market, By Mode of Access

4.1. Introduction

4.1.1. Annual Growth Rate Comparison, By Mode of Access

4.1.2. BPS Analysis, By Mode of Access

4.2. Market Revenue (US$Mn) Forecast, By Mode of Access

4.2.1. Desktops/Laptops

4.2.2. Tablets/Smartphone

4.3. Global Mental Health Software Market Attractiveness Index, By Mode Of Access

5. Global Mental Health Software Market, By Function

5.1. Introduction

5.1.1. Annual Growth Rate Comparison, By Function

5.1.2. BPS Analysis, By Function

5.2. Market Revenue (US$Mn) Forecast, By Function

5.2.1. Telehealth

5.2.2. Payroll

5.2.3. Revenue Cycle Management

5.2.4. Ledger

5.2.5. Business Intelligence

5.2.6. Electronic Health Record (EHR)

5.2.7. Clinical Decision Support

5.3. Global Mental Health Software Market Attractiveness Index, By Function

6. Global Mental Health Software Market, By Application

6.1. Introduction

6.1.1. Annual Growth Rate Comparison, By Application

6.1.2. BPS Analysis, By Application

6.2. Market Revenue (US$Mn) Forecast, By Application

6.2.1. Commercial

6.2.1.1. Hospitals and Clinics

6.2.1.2. Others

6.2.1.2.1. Psychiatrists

6.2.1.2.2. Social Workers

6.2.1.2.3. Psychologists

6.2.1.2.4. Counsellors

6.2.1.2.5. Nurse Practitioners

6.2.1.2.6. Group Therapists

6.2.2. Residential

7. Global Mental Health Software Market Attractiveness Index, By Application

8. Global Mental Health Software Market, By Region

8.1. Introduction

8.1.1. Annual Growth Rate Comparison, By Region

8.1.2. BPS Analysis, By Region

8.2. Market Revenue (US$Mn) Forecast, By Region

8.2.1. North America

8.2.2. Latin America

8.2.3. Europe

8.2.4. Asia Pacific

8.2.5. Middle East

8.2.6. Africa

8.3. Global Mental Health Software Market Attractiveness Index, By Region

9. North America Mental Health Software Market Analysis and Forecast, 2018–2026

9.1. Introduction

9.1.1. Annual Growth Rate Comparison, By Country

9.1.2. BPS Analysis, By Country

9.2. Market Revenue (US$Mn) Forecast, By Country

9.2.1. U.S. Mental Health Software Market

9.2.2. Canada Mental Health Software Market

9.3. North America Mental Health Software Market, By Deployment Mode

9.3.1. On-premise

9.3.2. Subscription (Cloud-Based)

9.4. North America Mental Health Software Market, By Mode of Access

9.4.1. Desktops/Laptops

9.4.2. Tablets/Smartphone

9.5. North America Mental Health Software Market, By Function

9.5.1. Telehealth

9.5.2. Payroll

9.5.3. Revenue Cycle Management

9.5.4. Ledger

9.5.5. Business Intelligence

9.5.6. Electronic Health Record (EHR)

9.5.7. Clinical Decision Support

9.6. North America Mental Health Software Market, By Application

9.6.1. Commercial

9.6.1.1. Hospitals and Clinics

9.6.1.2. Others

9.6.1.2.1. Psychiatrists

9.6.1.2.2. Social Workers

9.6.1.2.3. Psychologists

9.6.1.2.4. Counsellors

9.6.1.2.5. Nurse Practitioners

9.6.1.2.6. Group Therapists

9.6.2. Residential

9.7. North America Mental Health Software Market Attractiveness Index

9.7.1. By Country

9.7.2. By Deployment Mode

9.7.3. By Mode of Access

9.7.4. By Function

9.7.5. By Application

10. Latin America Mental Health Software Market Analysis and Forecast, 2018–2026

10.1. Introduction

10.1.1. Annual Growth Rate Comparison, By Country

10.1.2. BPS Analysis, By Country

10.2. Market (US$Mn) Forecast, By Country

10.2.1. Brazil Mental Health Software Market

10.2.2. Mexico Mental Health Software Market

10.2.3. Argentina Mental Health Software Market

10.2.4. Rest Of Latin America Mental Health Software Market

10.3. Latin America Mental Health Software Market, By Deployment Mode

10.3.1. On-premise

10.3.2. Subscription (Cloud-Based)

10.4. Latin America Mental Health Software Market, By Mode of Access

10.4.1. Desktops/Laptops

10.4.2. Tablets/Smartphone

10.5. Latin America Mental Health Software Market, By Function

10.5.1. Telehealth

10.5.2. Payroll

10.5.3. Revenue Cycle Management

10.5.4. Ledger

10.5.5. Business Intelligence

10.5.6. Electronic Health Record (EHR)

10.5.7. Clinical Decision Support

10.6. Latin America Mental Health Software Market, By Application

10.6.1. Commercial

10.6.1.1. Hospitals and Clinics

10.6.1.2. Others

10.6.1.2.1. Psychiatrists

10.6.1.2.2. Social Workers

10.6.1.2.3. Psychologists

10.6.1.2.4. Counsellors

10.6.1.2.5. Nurse Practitioners

10.6.1.2.6. Group Therapists

10.6.2. Residential

10.7. Latin America Mental Health Software Market Attractiveness Index

10.7.1. By Country

10.7.2. By Deployment Mode

10.7.3. By Mode of Access

10.7.4. By Function

10.7.5. By Application

11. Europe Mental Health Software Market Analysis And Forecast, 2018–2026

11.1. Introduction

11.1.1. Annual Growth Rate Comparison, By Country

11.1.2. BPS Analysis, By Country

11.2. Market (US$Mn) Forecast, By Country

11.2.1. U.K. Mental Health Software Market

11.2.2. Germany Mental Health Software Market

11.2.3. Italy Mental Health Software Market

11.2.4. France Mental Health Software Market

11.2.5. Spain Mental Health Software Market

11.2.6. Russia Mental Health Software Market

11.2.7. Poland Mental Health Software Market

11.2.8. BENELUX Mental Health Software Market

11.2.9. NORDIC Mental Health Software Market

11.2.10. Rest Of Europe Mental Health Software Market

11.3. Europe Mental Health Software Market, By Deployment Mode

11.3.1. On-premise

11.3.2. Subscription (Cloud-Based)

11.4. Europe Mental Health Software Market, By Mode of Access

11.4.1. Desktops/Laptops

11.4.2. Tablets/Smartphone

11.5. Europe Mental Health Software Market, By Function

11.5.1. Telehealth

11.5.2. Payroll

11.5.3. Revenue Cycle Management

11.5.4. Ledger

11.5.5. Business Intelligence

11.5.6. Electronic Health Record (EHR)

11.5.7. Clinical Decision Support

11.6. Europe Mental Health Software Market, By Application

11.6.1. Commercial

11.6.1.1. Hospitals and Clinics

11.6.1.2. Others

11.6.1.2.1. Psychiatrists

11.6.1.2.2. Social Workers

11.6.1.2.3. Psychologists

11.6.1.2.4. Counsellors

11.6.1.2.5. Nurse Practitioners

11.6.1.2.6. Group Therapists

11.6.2. Residential

11.7. Europe Mental Health Software Market Attractiveness Index

11.7.1. By Country

11.7.2. By Deployment Mode

11.7.3. By Mode of Access

11.7.4. By Function

11.7.5. By Application

12. Asia Pacific Mental Health Software Market Analysis and Forecast, 2018–2026

12.1. Introduction

12.1.1. Annual Growth Rate Comparison, By Country

12.1.2. BPS Analysis, By Country

12.2. Market (US$Mn) Forecast, By Country

12.2.1. China Mental Health Software Market

12.2.2. India Mental Health Software Market

12.2.3. Japan Mental Health Software Market

12.2.4. Australia And New Zealand Mental Health Software Market

12.2.5. South Korea Mental Health Software Market

12.2.6. ASEAN Mental Health Software Market

12.2.7. Rest Of Asia Pacific Mental Health Software Market

12.3. Asia Pacific Mental Health Software Market, By Deployment Mode

12.3.1. On-premise

12.3.2. Subscription (Cloud-Based)

12.4. Asia Pacific Mental Health Software Market, By Mode of Access

12.4.1. Desktops/Laptops

12.4.2. Tablets/Smartphone

12.5. Asia Pacific Mental Health Software Market, By Function

12.5.1. Telehealth

12.5.2. Payroll

12.5.3. Revenue Cycle Management

12.5.4. Ledger

12.5.5. Business Intelligence

12.5.6. Electronic Health Record (EHR)

12.5.7. Clinical Decision Support

12.6. Asia Pacific Mental Health Software Market, By Application

12.6.1. Commercial

12.6.1.1. Hospitals and Clinics

12.6.1.2. Others

12.6.1.2.1. Psychiatrists

12.6.1.2.2. Social Workers

12.6.1.2.3. Psychologists

12.6.1.2.4. Counsellors

12.6.1.2.5. Nurse Practitioners

12.6.1.2.6. Group Therapists

12.6.2. Residential

12.7. Asia Pacific Mental Health Software Market Attractiveness Index

12.7.1. By Country

12.7.2. By Deployment Mode

12.7.3. By Mode of Access

12.7.4. By Function

12.7.5. By Application

13. Middle East Mental Health Software Market, By Region

13.1. Introduction

13.1.1. Annual Growth Rate Comparison, By Country

13.1.2. BPS Analysis, By Country

13.2. Market (US$Mn) Forecast, By Country

13.2.1. GCC Countries Mental Health Software Market

13.2.2. Israel Mental Health Software Market

13.2.3. Oman Mental Health Software Market

13.2.4. Rest Of Middle East Mental Health Software Market

13.3. Middle East Mental Health Software Market, By Deployment Mode

13.3.1. On-premise

13.3.2. Subscription (Cloud-Based)

13.4. Middle East Mental Health Software Market, By Mode of Access

13.4.1. Desktops/Laptops

13.4.2. Tablets/Smartphone

13.5. Middle East Mental Health Software Market, By Function

13.5.1. Telehealth

13.5.2. Payroll

13.5.3. Revenue Cycle Management

13.5.4. Ledger

13.5.5. Business Intelligence

13.5.6. Electronic Health Record (EHR)

13.5.7. Clinical Decision Support

13.6. Middle East Mental Health Software Market, By Application

13.6.1. Commercial

13.6.1.1. Hospitals and Clinics

13.6.1.2. Others

13.6.1.2.1. Psychiatrists

13.6.1.2.2. Social Workers

13.6.1.2.3. Psychologists

13.6.1.2.4. Counsellors

13.6.1.2.5. Nurse Practitioners

13.6.1.2.6. Group Therapists

13.6.2. Residential

13.7. Middle East Mental Health Software Market Attractiveness Index

13.7.1. By Country

13.7.2. By Deployment Mode

13.7.3. By Mode of Access

13.7.4. By Function

13.7.5. By Application

14. Africa Mental Health Software Market, By Region

14.1. Introduction

14.1.1. Annual Growth Rate Comparison, By Country

14.1.2. BPS Analysis, By Country

14.2. Market (US$Mn) Forecast, By Country

14.2.1. South Africa Mental Health Software Market

14.2.2. Egypt Mental Health Software Market

14.2.3. North Africa Mental Health Software Market

14.2.4. Rest Of Africa Mental Health Software Market

14.3. Africa Mental Health Software Market, By Deployment Mode

14.3.1. On-premise

14.3.2. Subscription (Cloud-Based)

14.4. Africa Mental Health Software Market, By Mode of Access

14.4.1. Desktops/Laptops

14.4.2. Tablets/Smartphone

14.5. Africa Mental Health Software Market, By Function

14.5.1. Telehealth

14.5.2. Payroll

14.5.3. Revenue Cycle Management

14.5.4. Ledger

14.5.5. Business Intelligence

14.5.6. Electronic Health Record (EHR)

14.5.7. Clinical Decision Support

14.6. Africa Mental Health Software Market, By Application

14.6.1. Commercial

14.6.1.1. Hospitals and Clinics

14.6.1.2. Others

14.6.1.2.1. Psychiatrists

14.6.1.2.2. Social Workers

14.6.1.2.3. Psychologists

14.6.1.2.4. Counsellors

14.6.1.2.5. Nurse Practitioners

14.6.1.2.6. Group Therapists

14.6.2. Residential

14.7. Africa Mental Health Software Market Attractiveness Index

14.7.1. By Country

14.7.2. By Deployment Mode

14.7.3. By Mode of Access

14.7.4. By Function

14.7.5. By Application

15. Recommendation

15.1. Market Strategy

16. Competitive Landscape

16.1. Competition Dashboard

16.2. List and Company Overview of Global Key Players

16.3. Company Profiles

16.3.1. Cerner Corporation.

16.3.1.1. Company Overview

16.3.1.2. Financial Overview

16.3.1.3. Product Portfolio

16.3.1.4. Key Developments

16.3.1.5. Business Strategies

16.3.2. Core Solutions Inc.

16.3.3. Credible Behavioral Health Inc.

16.3.4. Epic Systems Corporation.

16.3.5. MindLinc.

16.3.6. Netsmart technologies Inc.

16.3.7. Nextgen Healthcare Information Systems LLC.

16.3.8. Qualifacts Systems Inc.

16.3.9. Valant Medical Solutions Inc.

16.3.10. Welligent Inc.

17. Acronyms

Frequently Asked Questions

What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?

The global mental health software market in 2020 is estimated for more than US$ 3,949.5 Mn and expected to reach at a value of US$ 10,140.4 Mn by 2028 with a significant CAGR of 12.5%.
What segments are covered in market report?

The global mental health software market is segmented on the basis of deployment mode, mode of access, function, application, and region.
What are the key participating players in the market?

The global mental health software market is mainly dominated by Cerner Corporation, Core Solutions Inc., Credible Behavioral Health Inc., Epic Systems Corporation, MindLinc, Netsmart technologies Inc., Nextgen Healthcare Information Systems LLC, Qualifacts Systems Inc., Valant Medical Solutions Inc. and Welligent Inc.