Mental Health Software, also known as behavioral software, supports professionals engaged in providing mental healthcare and skillfully manage clinical, administrative, and operational workflows.
Global Mental Health Software Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Global Mental Health Software market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report titled “Global Mental Health Software Market Analysis, 2020”, the Global Mental Health Software market is anticipated to grow at a CAGR of around 14% during 2020-25F. Based on function, clinical functionality acquired a significant market share in the Global Mental Health Software market in 2018. The increasing government initiatives to stimulate the integration of the software by clinicians to provide quality care to their patients at lower costs and considerable need for medical EMRs specialty systems among various specialty healthcare facilities is projected to proliferate the market of clinical functionality in the forthcoming years.
Market Segmentation
Provider Segment Acquired Considerable Market Share
Based on end user, providers acquired major market share in 2017, followed by hospitals, in the Global Mental Health Software market. The escalating incidences of mental disorders across the globe along with growing competition among the market players to develop new and advanced technology products is anticipated to increase the market share of the providers in the forthcoming years. Thus, this is estimated to strongly contribute towards the growth of the Mental Health Software market globally in the forthcoming timeline as stated in the MarkNtel Advisors’ research report “Global Mental Health Software Market Analysis, 2020”.
COVID-19 Impact
Besides this, COVID-19 pandemic has accelerated the growth of Global Mental Health Software market, The shutdown of various manufacturing industries and lockdown imposition has put a pause of construction activities due to which the economic impact on companies and financial markets was not favorable. Thus, this has an negative impact on the mental health of the people with high symptoms of anxiety, depression which lead to surge in the adoption of mental services and electronic health records.
ompetitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the Global Mental Health Software market include Cerner Corporation, Core solutions, EMIS Health, Epic, Meditab, Holmusk, Netsmart, Qualifacts, Welligent, TheraNest, Athena Software, Harmony Medical, TherapyNotes, Nextgen, CureMD etc.
Key Questions Answered in the Market Research Report
- What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Mental Health Software Market?
- What is the region wise industry size, growth drivers and challenges key market trends?
- What are the key innovations, technology upgrades, opportunities, regulations in the Global Mental Health Software Market?
- Who are the key competitors or market players and how they perform in Global Mental Health Software Market based on competitive benchmarking matrix?
- What are the key results derived from the market surveys conducted during the course of Global Mental Health Software Market study?
Market Outlook, Segmentation and Statistics
- Customer Survey
- Case Study
- Impact of COVID-19
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component
- Support Services
- Software
- By Function
- Clinical Function
- Electronic Health Records (EHR)
- Clinical Decision Support (CDS)
- Care Plans
- E-Prescribing
- Telehealth
- Administration Function
- Patient/Client Scheduling
- Document Management
- Case Management
- Business Intelligence (BI)
- Workforce Management
- Financial Function
- Revenue Cycle Management
- Managed Care
- Accounts Payable/General Ledger
- Payroll
- By Delivery Model
- Subscription Model
- Ownership Model
- By End User
- Community Clinics
- Hospitals
- Private Practices
- Payers
- Patients
- By Region
- North America Mental Health Software Market Outlook, 2015-2025F (USD Million)
- The US Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Canada Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Mexico Mental Health Software Market Outlook, 2015-2025F (USD Million)
- South America Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Brazil Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Argentina Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Europe Mental Health Software Market Outlook, 2015-2025F (USD Million)
- The UK Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Germany Mental Health Software Market Outlook, 2015-2025F (USD Million)
- France Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Italy Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Spain Mental Health Software Market Outlook, 2015-2025F (USD Million
- Middle East & Africa Mental Health Software Market Outlook, 2015-2025F (USD Million)
- UAE Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Saudi Arabia Mental Health Software Market Outlook, 2015-2025F (USD Million)
- South Africa Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Asia-Pacific Mental Health Software Market Outlook, 2015-2025F (USD Million)
- China Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Japan Mental Health Software Market Outlook, 2015-2025F (USD Million)
- India Mental Health Software Market Outlook, 2015-2025F (USD Million)
- Australia Mental Health Software Market Outlook, 2015-2025F (USD Million)
- South Korea Mental Health Software Market Outlook, 2015-2025F (USD Million)
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- Global Mental Health Software Market Policies, Regulations, Product Standard
- Global Mental Health Software Market Hotspots & Opportunities
- Buyers Key Decision Making Factors
- Key Strategies Adopted by Mental Health Software Providers
- Competition Outlook
- Competitor Wise Growth Strategies
- Company Profiles
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Mental Health Software Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Mental Health Software Market during 2020-25?
A. The Global Mental Health Software Market is forecast to grow at a CAGR of 14% during 2020-25.
Q. Who are the key competitors or players operating in Global Mental Health Software Market?
A. Cerner Corporation, Core solutions, EMIS Health, Epic, Meditab, Holmusk, Netsmart, Qualifacts, Welligent, TheraNest, Athena Software, Harmony Medical, TherapyNotes, Nextgen, CureMD etc., are few of the leading players in the Global Mental Health Software Market.
Q. Which funtion segment would emerge as an opportunity area for players in Global Mental Health Software Market?
A. Clinical functionality is expected to attain the highest CAGR during the forecast period and is expected maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global Mental Health Software Market?
A. North America continue to grow at a highest CAGR, presenting immense opportunities for the market player in the Global Mental Health Software Market.
