Mental Health Software Market Segmented by On-premise, Subscription Deployment Mode with Desktops, Tablets mode of access in Telehealth, Payroll Function
Industry: IT and Telecommunication
Published Date: December-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP4148
The market for mental health software was valued at US$ 4,983.8 Mn in 2022, and by the end of 2033, it is expected to have grown to US$ 28,348.7 Mn. The mental health software market is estimated to valua US$ 5,761.3 Mn in 2023 and is predicted to grow at a CAGR of 17.3% from 2023 to 2033.
By using patient records and scientific data, mental health software enables behavioural health practitioners to select the most effective treatment plan for a patient suffering from depression, stress, addiction, anxiety, etc. The programme offers medical bill payment services via mobile devices, such as laptops or smartphones, and allows customers to arrange online appointments. Additionally, it can retrieve data on radiology, laboratory, and pharmacy observations of the patients being treated. Additionally, a thorough report concentrating on the requirements of each patient is provided.
It is projected that the use of mental health software by hospitals and other healthcare organisations would enhance the management and treatment of mental health concerns. EHR (Electronic Health Records) are being adopted by mental health practitioners more frequently because they can save costs and improve patient care. The global market for mental health software is also expected to develop as a result of the increasing acceptance of tele-mental health, which uses video conferencing to help caregivers coordinate with patients.
The installation and maintenance expenses for mental health equipment are quite high, which serves as a barrier to the expansion of this industry. It is only a very small fraction of people have the necessary expertise for installation and operation. The lack of qualified and trained labour is another issue that could limit this market's expansion.
In terms of the regional market landscape, the market in North America held a leading market share of 29.1% in the global landscape in 2022 and is expected to retain its leading position throughout the forecast period. Meanwhile, demand for mental health software in the Europe region will hold around 24.6% of the market in 2022.
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Mental Health Software Market Size (2023) |
US$ 5,761.3 Mn |
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Projected Market Value (2033) |
US$ 28,348.7 Mn |
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Global Market Growth Rate (2023-2033) |
17.3% |
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On-Premise Segment Market Share (2022) |
56.6% |
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U.S. Market Share (2022) |
18.5% |
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Tablet/ Smartphone Segment Market Share (2022) |
61.2% |
“Factors Influencing Mental Health Software Market”
The technological solutions are employed for managing the clinical, financial functions and administrative mental health care practices. The real-time monitoring systems improved the communication of patients care providers are leads to improve the adoption of technological solution, other factors that would influence the growth of mental health software market are, awareness among people to seek medical assistance for their conditions and social and environmental factors that could result in the increase of mental health issues such as the COVID-19 pandemic and mass layoffs.
“Implementation of AI Mental Health Software’s”
The U.S. is the most lucrative market for mental health software in the North American region and is expected to maintain this position across the forecast period as well. The demand for mental health software in this country is witnessing significant development in the market in tablet/ smartphone sector; the main trends that influence the market for mental health software’s are the use of AI software that enables support ahead of relapse in patients with severe mental illness. It support even in hospitals. So the implementation of AI will completely change the scope of mental health software.
In 2022, the U.S. mental health software market helped the country to account for a dominant share of 18.50% in the global marketplace.
“Stigma Against Seeking Help Restricting the Growth for Mental Health Software Market in Japan”
Japan as a country has a high suicide rate, and the pandemic caused an increase in reported suicidal cases. But counselling is not sought out by many people in Japan. There are various factors in Japanese society that discourage people from seeking professional assistance for their mental health. Japan is a country that could act as a promising market for mental health applications for the above reasons, but it would also be important to spread awareness and reduce the stigma of seeking help among the Japanese people.
For these reasons, the market for mental health software was estimated to amount to 4.2% for the year 2022, but it has potential to grow over the forecast period.
“Adoption of EMR and EHR Technology in Germany”
The availability of advanced mental health software services enabled the growing adaptation of technology. The mental health software’s improves the coordination of care, patient participation in care, quality of patient care, efficiencies and cost savings for your practice. The benefits such as electronic communications and connectivity, patient support, and health management etc. It helps automatically to grow productivity, efficiency and create opportunities. Due to these reasons mental health software market in Germany held the market share of 10.10% in 2022.
What factors in On-Premise segment increase adoption in Mental Health Software Market?
Based on deployment mode, the market is segmented into the on premise and subscription (cloud-based) segment as well. In 2022, on premise accounted for 56.60% of the global market share and are expected to maintain their position over the next ten years. The expanding use of electronic tools to control the administrative, financial, and therapeutic aspects of psychiatric treatments. EHR systems' mobile applications provide claims and billing functionality that give patients control over the billing process.
Thus, this would improve the overall quality of mental health software products, enabling the market share to be held by this industry by a wide margin.
In Mode of Access Segment Tablets/ Smartphones holds the largest market share?
The market is divided into desktops/ laptops, tablets/ smartphone. The tablets/ smartphones accounted for 61.2% of the global market share and is expected to hold that position over the next ten years. The most use of tablets and smartphones and internet penetration makes mode of access very easy, as well as an increasing number of smartphone/ tablets users, are expected to boost the expansion of the mental health software market. So the tablets/ smartphone sector hold the largest market share.
Major mental health software companies are collaborating and partnering with other organizations to provide more care.
Recent developments related to key players providing mental health software market solutions have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.
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Attribute |
Details |
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Forecast Period |
2023-2033 |
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Historical Data Available for |
2018-2022 |
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Market Analysis |
US$ Mn for Value |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
By Deployment Mode:
By Mode of Access:
By Function:
By Application:
By Region:
To know more about delivery timeline for this report Contact Sales
In 2022, the market value of mental health software was US$ 4,983.8 Mn.
The global mental health software market is estimated to advance at a 17.3% CAGR through 2033.
The market for mental health software is forecasted to climb to US$ 28,348.7 Mn by 2033 end.
Demand for mental health software market in India is projected to rise at a CAGR of 18.2% over the forecast period.
In 2022, the North America mental health software market held a dominant market share of 29.1%.
