FEATURED COMPANIES
- Accumedic
- Blackthorn Therapeutics
- EMIS Health
- Holmusk
- Meditab Software
- Pear Therapeutics
The Global Behavioural & Mental Health Software Market is estimated to be USD 2.95 Bn in 2021 and is expected to reach USD 4.41 Bn by 2026, growing at a CAGR of 8.36%.
According to WHO data from 2020, depression is the most widespread medical disease and one of the foremost causes of disability, affecting around 264 million people globally. Corresponding to reports, the system allows consumers to arrange meetings online and give medical bills using mobile gadgets such as smartphones and laptops. This will create huge market opportunities in both emerging and developed countries.
However, the factors such as data privacy issues and limited IT professionals in healthcare organizations will hinder the market growth.
By Component, the market is classified as Software and Support Services. Amongst all, the Support Services segment is estimated to hold the highest market share.
By Service, the market is classified as Private Practices, Clinics, and Hospitals.
By Function, the market is classified as Clinical Functionality, Administrative Functionality, and Financial Functionality. Amongst all, the Clinical Functionality segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
2. Nuance Communications and Cerner expanded their artificial intelligence (AI) collaboration to integrate Nuance’s virtual assistant technology in the Cerner Millennium electronic health record (EHR). - 30th July 2020.
3. Netsmart and the California Department of Veterans Affairs (CalVet) had formed a partnership to implement Netsmart’s unified electronic health record (EHR) platform, myUnity. - 14th April 2020
Market Dynamics
Mental health software facilitates interactive health care sources to choose the right treatment for a person enduring trauma, depression, liquor, and anxiety. The patient’s health documents or specifics and therapeutic history background are used to prepare or build the proposal. Being indebted to the escalating prevalence of stress, anxiety, and depression, the patients gradually seek care. Therefore, healthcare workers use computerized technologies to monitor behavioral/mental safety. These factors are fuelling the studied market growth.According to WHO data from 2020, depression is the most widespread medical disease and one of the foremost causes of disability, affecting around 264 million people globally. Corresponding to reports, the system allows consumers to arrange meetings online and give medical bills using mobile gadgets such as smartphones and laptops. This will create huge market opportunities in both emerging and developed countries.
However, the factors such as data privacy issues and limited IT professionals in healthcare organizations will hinder the market growth.
Market Segmentation
The Global Behavioural & Mental Health Software Market is segmented further based on Component, Service, Function, and Geography.By Component, the market is classified as Software and Support Services. Amongst all, the Support Services segment is estimated to hold the highest market share.
By Service, the market is classified as Private Practices, Clinics, and Hospitals.
By Function, the market is classified as Clinical Functionality, Administrative Functionality, and Financial Functionality. Amongst all, the Clinical Functionality segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. Netsmart has acquired GPM, which is a Software-as-a-Service technology and services company providing solutions for a long-term/post-acute care (LTPAC) community. - 3rd February 2021.2. Nuance Communications and Cerner expanded their artificial intelligence (AI) collaboration to integrate Nuance’s virtual assistant technology in the Cerner Millennium electronic health record (EHR). - 30th July 2020.
3. Netsmart and the California Department of Veterans Affairs (CalVet) had formed a partnership to implement Netsmart’s unified electronic health record (EHR) platform, myUnity. - 14th April 2020
Company Profiles
Some of the companies covered in this report are Core Solutions, Ginger, Mind Linc, EMIS Health, Peer Therapeutics, Lark Health etc.Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Why buy this report?
- The report offers a comprehensive evaluation of the Global Behavioural & Mental Health Software Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Behavioural & Mental Health Software Market
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Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Accumedic
- Blackthorn Therapeutics
- EMIS Health
- Holmusk
- Meditab Software
- Pear Therapeutics
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
5 Market Analysis
6 Global Behavioural & Mental Health Software Market, By Component
7 Global Behavioural & Mental Health Software Market, By Service
8 Global Behavioural & Mental Health Software Market, By Function
9 Global Behavioural & Mental Health Software Market, By Geography
10 Competitive Landscape
11 Company Profiles
12 Appendix
Note: Product cover images may vary from those shown
- Accumedic
- Advanced Data Systems
- AdvancedMD
- Allscripts
- Big Health
- Blackthorn Therapeutics
- Cerner
- Compulink
- Core Solutions
- Credible Behavioural Health
- Cure MD
- EMIS Health
- eNeura
- Epic Systems Corporations
- Ginger
- Happify Health
- Holmusk
- Kareo
- Karuna Pharmaceuticals
- Lark Health
- Lyra Health
- Meditab Software
- Mediware
- MindLinc
- Netsmart
- NextGen Healthcare
- Pear Therapeutics
- Qualifacts
- The Echo Group
- Valant
- Welligent
Note: Product cover images may vary from those shown
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