Market Overview:
The global mental health care software and services market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of mental disorders, growing awareness about mental health, and rising demand for better treatment options. The global mental health care software and services market can be segmented on the basis of type into service and software. On the basis of application, the market can be segmented into hospitals, clinics, and others. The hospitals segment is expected to account for a major share of the global mental health care software and services market in 2018 owing to increasing demand for better treatment options for patients with mental disorders.
Product Definition:
Mental health care software and services are used to manage the mental health of patients. They provide a way for clinicians to track the progress of their patients, as well as providing a way for patients to communicate with their clinicians.
Service:
Service is a software or application that helps in tracking patients and their progress through various treatment programs. It also helps in monitoring the patient's condition and providing reports to doctors as well as family members. Service has been used extensively for mental health care, especially depression, anxiety disorder, bipolar disorder & other related conditions.
Depression is one of the major mental disorders which affects nearly 350 million people worldwide every year according to WHO (2018).
Software:
Software and it's usage in mental health care is used by the professionals such as psychiatrists, clinical psychologists, psychiatric nurses & social workers for various purposes. The main purpose of using software and IT in mental health care is to record patient information (such as diagnosis), treatment plans, medication information (including dosages), family/friend contact information along with other important data which can be useful at a later stage.
Application Insights:
Based on application, the global mental health care software and services market is segmented into hospitals, clinics and other medical facilities. The hospitals segment dominated the market in 2017 owing to factors such as increasing prevalence of mental disorders coupled with rising investments by governments for developing healthcare infrastructure. A significant increase in investment by government authorities is expected to drive demand for MHC solutions within hospitals over the forecast period.
The clinics and other medical facilities segment is anticipated to witness a lucrative CAGR of XX% during the forecast period due to factors such as an increase in patient visits due to criticality of situation requiring immediate attention from mental health professionals along with growing awareness among population regarding availability of treatment options at less cost coupled with technological advancements are some major factors driving this growth.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing investments by governments and non-profit organizations in mental health care software and services. For instance, telehealth has been integrated into many of the major insurance plans in order to expand access to mental health care services. In addition, technological advancements such as remote patient monitoring (RPM), video conferencing, online therapy and chatbots are anticipated to further boost demand for global mental health care software & services market during the forecast period.
Growth Factors:
- Increasing demand for mental health care software and services owing to the increasing prevalence of mental disorders.
- Rising awareness about the benefits of using mental health care software and services among people, which is likely to boost market growth during the forecast period.
- Growing number of private clinics and hospitals offering mental health care services is expected to fuel market growth in the near future.
- Proliferation of digital technologies has led to increased adoption of Mental Health Care Software, thereby propelling market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Mental Health Care Software and Services Market Research Report
By Type
Service, Software
By Application
Hospitals, Clinics, Others
By Companies
Advanced Data Systems (US), AdvancedMD (US), Cerner (US), Core Solutions (US), Credible Behavioral Health (US), ICANotes (US), InSync Healthcare Solutions (US), iSalus Healthcare (US), Kareo (US), Meditab Software (US), Mentegram (US), Mindlinc (US), Netsmart (US), Nextgen Healthcare (US), NextStep Solutions (US), Nuesoft Technologies (US), Qualifacts (US), Raintree Systems (US), Sigmund Software (US), The Echo Group (US), TheraNest (US), Valant (US), Welligent (US), WRS Health (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Mental Health Care Software and Services Market Report Segments:
The global Mental Health Care Software and Services market is segmented on the basis of:
Types
Service, Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Advanced Data Systems (US)
- AdvancedMD (US)
- Cerner (US)
- Core Solutions (US)
- Credible Behavioral Health (US)
- ICANotes (US)
- InSync Healthcare Solutions (US)
- iSalus Healthcare (US)
- Kareo (US)
- Meditab Software (US)
- Mentegram (US)
- Mindlinc (US)
- Netsmart (US)
- Nextgen Healthcare (US)
- NextStep Solutions (US)
- Nuesoft Technologies (US)
- Qualifacts (US)
- Raintree Systems (US)
- Sigmund Software (US)
- The Echo Group (US)
- TheraNest (US)
- Valant (US)
- Welligent (US)
- WRS Health (US)
Highlights of The Mental Health Care Software and Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Service
- Software
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mental Health Care Software and Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mental health care software and services are computer programs or websites that help people with mental illness manage their symptoms and improve their quality of life. They can include tools to help patients track their progress, communicate with doctors, and connect with other mental health professionals.
Some of the major players in the mental health care software and services market are Advanced Data Systems (US), AdvancedMD (US), Cerner (US), Core Solutions (US), Credible Behavioral Health (US), ICANotes (US), InSync Healthcare Solutions (US), iSalus Healthcare (US), Kareo (US), Meditab Software (US), Mentegram (US), Mindlinc (US), Netsmart (US), Nextgen Healthcare (US), NextStep Solutions (US), Nuesoft Technologies (US), Qualifacts (US), Raintree Systems (US), Sigmund Software (US), The Echo Group (US), TheraNest (US), Valant (US), Welligent (US), WRS Health (US).
The mental health care software and services market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mental Health Care Software and Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mental Health Care Software and Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mental Health Care Software and Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mental Health Care Software and Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mental Health Care Software and Services Market Size & Forecast, 2018-2028
4.5.1 Mental Health Care Software and Services Market Size and Y-o-Y Growth
4.5.2 Mental Health Care Software and Services Market Absolute $ Opportunity
Chapter 5 Global Mental Health Care Software and Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mental Health Care Software and Services Market Size Forecast by Type
5.2.1 Service
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mental Health Care Software and Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mental Health Care Software and Services Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mental Health Care Software and Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mental Health Care Software and Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mental Health Care Software and Services Analysis and Forecast
9.1 Introduction
9.2 North America Mental Health Care Software and Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mental Health Care Software and Services Market Size Forecast by Type
9.6.1 Service
9.6.2 Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mental Health Care Software and Services Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mental Health Care Software and Services Analysis and Forecast
10.1 Introduction
10.2 Europe Mental Health Care Software and Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mental Health Care Software and Services Market Size Forecast by Type
10.6.1 Service
10.6.2 Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mental Health Care Software and Services Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mental Health Care Software and Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mental Health Care Software and Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mental Health Care Software and Services Market Size Forecast by Type
11.6.1 Service
11.6.2 Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mental Health Care Software and Services Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mental Health Care Software and Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Mental Health Care Software and Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mental Health Care Software and Services Market Size Forecast by Type
12.6.1 Service
12.6.2 Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mental Health Care Software and Services Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mental Health Care Software and Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mental Health Care Software and Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mental Health Care Software and Services Market Size Forecast by Type
13.6.1 Service
13.6.2 Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mental Health Care Software and Services Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mental Health Care Software and Services Market: Competitive Dashboard
14.2 Global Mental Health Care Software and Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Advanced Data Systems (US)
14.3.2 AdvancedMD (US)
14.3.3 Cerner (US)
14.3.4 Core Solutions (US)
14.3.5 Credible Behavioral Health (US)
14.3.6 ICANotes (US)
14.3.7 InSync Healthcare Solutions (US)
14.3.8 iSalus Healthcare (US)
14.3.9 Kareo (US)
14.3.10 Meditab Software (US)
14.3.11 Mentegram (US)
14.3.12 Mindlinc (US)
14.3.13 Netsmart (US)
14.3.14 Nextgen Healthcare (US)
14.3.15 NextStep Solutions (US)
14.3.16 Nuesoft Technologies (US)
14.3.17 Qualifacts (US)
14.3.18 Raintree Systems (US)
14.3.19 Sigmund Software (US)
14.3.20 The Echo Group (US)
14.3.21 TheraNest (US)
14.3.22 Valant (US)
14.3.23 Welligent (US)
14.3.24 WRS Health (US)
