Mental Health Software Market is expected to gain market growth in the forecast period of 2024-2030

According to MarkNtel Advisors study the Global Mental Health Software Marketsize was valued at around USD 3.5 billion in 2023 and is projected to grow at a CAGR of around 13.43% during the forecast period, i.e., 2024-30.

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Key Findings of the Study: Mental Health Software market

Global Mental Health Software Market Driver:

Rising Prevalence of Mental Health Disorders – The primary motive force of the mental health software industry is a growing range of troubles associated with mental health. There is a higher demand for efficient and accessible mental health care software as mental health problems which include tension ailment, bipolar ailment, schizophrenia, substance abuse disorder, and autism spectrum ailment (ASD) emerge as more extensive globally. Electronic health records (EHRs), teletherapy platforms, patient management structures, and mobile fitness apps are some of the tools and features that mental health software offers. These equipment and functionalities assist mental health providers enhance affected person engagement, streamline administrative approaches, and offer higher care. The adoption of such digital solutions has been fueled due to the growing demand for efficient handling of mental health services, as well as the growing expertise and de-stigmatization of mental health disorders.

Moreover, the COVID-19 also brought attention to how crucial mental health care is. Thus, the post-pandemic healthcare environment is fueling the growth of the mental health software market with tremendous development and innovation as patients and providers alike look for scalable, dependable, remote treatment choices.

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Scope of the Report and Mental Health Software Market Segmentation:

By Component

• Support Services- Market Size & Forecast 2019-2030, USD Million
• Software- Market Size & Forecast 2019-2030, USD Million
  • Integrated- Market Size & Forecast 2019-2030, USD Million
  • Standalone- Market Size & Forecast 2019-2030, USD Million

By Function

• Clinical Function- Market Size & Forecast 2019-2030, USD Million
  • Electronic Health Records (EHR) — Market Size & Forecast 2019-2030, USD Million
  • Clinical Decision Support (CDS) — Market Size & Forecast 2019-2030, USD Million
  • Care Plans- Market Size & Forecast 2019-2030, USD Million
  • E-Prescribing- Market Size & Forecast 2019-2030, USD Million
  • Telehealth- Market Size & Forecast 2019-2030, USD Million
• Administration Function- Market Size & Forecast 2019-2030, USD Million
  • Patient/Client Scheduling- Market Size & Forecast 2019-2030, USD Million
  • Document Management- Market Size & Forecast 2019-2030, USD Million
  • Case Management- Market Size & Forecast 2019-2030, USD Million
  • Business Intelligence (BI) — Market Size & Forecast 2019-2030, USD Million
  • Workforce Management- Market Size & Forecast 2019-2030, USD Million
• Financial Function- Market Size & Forecast 2019-2030, USD Million
  • Revenue Cycle Management- Market Size & Forecast 2019-2030, USD Million
  • Managed Care- Market Size & Forecast 2019-2030, USD Million
  • Accounts Payable/General Ledger- Market Size & Forecast 2019-2030, USD Million
  • Payroll- Market Size & Forecast 2019-2030, USD Million

By Delivery Model

• Subscription Model- Market Size & Forecast 2019-2030, USD Million
• Ownership Model- Market Size & Forecast 2019-2030, USD Million

By Disorder Type

• Depression- Market Size & Forecast 2019-2030, USD Million
• Anxiety Disorder- Market Size & Forecast 2019-2030, USD Million
• Bipolar Disorder- Market Size & Forecast 2019-2030, USD Million
• Schizophrenia- Market Size & Forecast 2019-2030, USD Million
• Substance Abuse Disorder- Market Size & Forecast 2019-2030, USD Million
• Autism Spectrum Disorder (ASD) — Market Size & Forecast 2019-2030, USD Million
• Others- Market Size & Forecast 2019-2030, USD Million

By End User

• Community Clinics- Market Size & Forecast 2019-2030, USD Million
• Hospitals- Market Size & Forecast 2019-2030, USD Million
• Private Practices- Market Size & Forecast 2019-2030, USD Million
• Payers- Market Size & Forecast 2019-2030, USD Million
• Patients- Market Size & Forecast 2019-2030, USD Million

The global market for mental health software is mostly driven by the patient segment, who make up a sizable end-user population.

Mental Health Software Market Competitive Landscape

• Cerner Corporation
• BestNotes
• TherapyNotes, LLC
• Epic Systems Corporation
• Core Solutions, Inc.
• Meditab Software, Inc.
• Netsmart Technologies
• Allscripts Healthcare Solutions, Inc.
• Accumedic Computer Systems Inc.
• AdvancedMD, Inc.
• TheraNest
• Qualifacts Systems, Inc.
• Welligent
• Valant
• Nextgen
• Others

Mental Health Software Market Development:

• 2024: The newest in Core Solutions, Inc.’s (Core) line of cutting-edge artificial intelligence (AI) products, Core Clinician Assist: SDOH Tracking, was just released. The SDOH Tracking tool leverages artificial intelligence (AI) to evaluate big datasets, pinpoint SDOH-related problems (such as health-related social needs, or HRSN), and provide care management teams and physicians with immediate access to actionable data at the point of treatment.
• 2024: The Office of the National Coordinator for Health Information Technology (ONC) Certification has been obtained by the TheraOffice® electronic medical record (EMR) and practice management software, according to Netsmart, a top supplier of healthcare technology solutions and services for community-based providers.

Geographical Analysis:

By Region

• North America
• South America
• Asia-Pacific
• The Middle East & Africa
• Europe

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