Mental Health Software Market, by Deployment mode(On-premise and Subscription (Cloud-based)), by Mode of Access(Desktops/Laptops and Tablets/Smartphones), by Function(Telehealth, Payroll, Revenue Cycle Management (RCM),Ledger, Business Intelligence, Elect

Mental Health Software Market, by Deployment mode(On-premise and Subscription (Cloud-based)), by Mode of Access(Desktops/Laptops and Tablets/Smartphones), by Function(Telehealth, Payroll, Revenue Cycle Management (RCM),Ledger, Business Intelligence, Electronic Health Record (EHR) and Clinical Decision Support), by Application(Commercial, Hospitals and Clinics, Others(Psychiatrists, Social Workers, Psychologists, Counsellors, Nurse Practitioners, Group Therapists) and Residential) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Mental health refers to the level of psychological comfort and well-being or absence of mental illness. In layman’s terms, it is the state of someone who is functioning at a satisfactory level of emotional and behavioral adjustment. Mental health software is a specialty software that allows behavioral health professionals to choose the best treatment plan for a person suffering from depression, stress, addiction, anxiety, etc. based on patient records and medical evidence. The software enables users to schedule online appointments and provides medical bill payments via mobile devices namely smartphones or laptops. Moreover, it can retrieve pharmacy, laboratory, and radiology data observations on the patients that are being treated. It also offers a detailed report focusing on the individual patient’s needs.

Market Dynamics

Increasing per capital expenditure on healthcare and associated facilities is boost the demand for mental healthcare solutions and services. Various government and healthcare organizations such as clinics and hospitals are increasing investments in the deployment of new and updated IT infrastructure, in order to gain a competitive advantage in the market. This, in turn, is expected to drive the global mental health software market growth over the forecast period. According to the World Bank Group, per capita, healthcare expenditure in the U.S. increased from US$ 8,845 in 2012 to US$ 9,146 in 2013. According to the same source, in France and the U.K., per capita, healthcare expenditure was US$ 4,644 and US$ 3,595 respectively in 2012, which increased to US$ 4,864 and US$ 3,598 respectively in 2013. Furthermore, in Germany, per capita, healthcare expenditure was US$ 4,717 in 2012 and increased to US$ 5,006 in 2013.

Market Taxonomy

This report segments the Global Mental Health Software Market on the basis of mode of deployment, Mode of Access, Function, Application and Region. On the basis of Mode of Deployment, Global Mental Health Software Market is segmented into On-premise and Subscription (Cloud-based). On the basis of Mode of Access, the Global Mental Health Software Market is segmented into Desktops/Laptops and Tablets/Smartphones. On the basis of Function, the Global Mental Health Software Market is segmented into Telehealth, Payroll, Revenue Cycle Management (RCM),Ledger, Business Intelligence, Electronic Health Record (EHR) and Clinical Decision Support. On the basis of Application, the Global Mental Health Software Market is segmented into Commercial, Hospitals and Clinics, Others(Psychiatrists, Social Workers, Psychologists, Counsellors, Nurse Practitioners, Group Therapists) and Residential. On the basis of region, Global Mental Health Software Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

This report provides an in-depth analysis of the Global Mental Health Software Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Mental Health Software Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Mental Health Software Market includes Welligent Inc., Netsmart Technologies Inc., Cerner Corporation, Valant Medical Solutions Inc., Qualifacts Systems Inc., Nextgen Healthcare Information Systems LLC, MindLinc, Credible Behavioral Health Inc. (Credible), Core Solutions Inc., and Epic Systems Corporation.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Mental Health Software Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Mental Health Software Market

Detailed Segmentation:

Global Mental Health Software Market, By Deployment Mode:
On-premise
Subscription (Cloud-based)
Global Mental Health Software Market, By Mode of Access:
Desktops/ Laptops
Tablets/ Smartphones
Global Mental Health Software Market, By Function:
Telehealth
Payroll
Revenue Cycle Management (RCM)
Ledger
Business Intelligence
Electronic Health Record (EHR)
Clinical Decision Support
Global Mental Health Software Market, By Application:
Commercial
Hospitals and Clinics
Others
Psychiatrists
Social Workers
Psychologists
Counsellors
Nurse Practitioners
Group Therapists
Residential
Global Mental Health Software Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Cerner Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Core Solutions Inc.
Credible Behavioral Health Inc. (Credible)
Epic Systems Corporation.
MindLinc, Credible Behavioral Health Inc. (Credible)
Netsmart Technologies Inc.
Nextgen Healthcare Information Systems LLC
Qualifacts Systems Inc.
Valant Medical Solutions Inc.
Welligent Inc.

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