Global Market Study on Mental Health Software: Increasing Government eHealth Initiatives and Per Capita Healthcare Spending Spurring Market Expansion

Report Highlights

Mental Health Software Market: Report Scope

Mental health software enables behavioral health professionals to choose the best treatment plan for a person suffering from stress, anxiety, depression, addiction etc., based on clinical evidences and patient records. These software also allow users to schedule online appointments and facilitate medical bill payment via mobile devices such as laptops and smartphones.

This report covers the global mental health software market performance in terms of revenue contribution. The report includes key trends, drivers, restraints, and opportunities influencing growth of the global mental health software market. Impact analysis of key growth drivers and restraints, based on the weighted average model, is included in this report to better equip clients with crystal clear decision-making insights.

The global mental health software market is mainly driven by factors such as increasing awareness among residential users, growing adoption of electronic health record systems, and increasing per capita healthcare spending. However, uncertainty about data security, privacy and protection issues, and lack of awareness about the benefits of digital mental healthcare software in emerging regions such as APEJ, MEA, and Latin America are expected to hamper growth of the mental health software market.

Deployment mode includes on-premise and subscription (cloud-based) segments. Revenue from the subscription (cloud-based) segment is projected to expand at the highest CAGR over the next ten years.

By mode of access, the desktops/ laptops segment is expected to dominate the mental health software market, accounting for majority of share of the overall market by 2021.

By function, the business intelligence segment is estimated to dominate the mental health software market, accounting for around 1/3 share of the overall market by 2021-end.

Application includes commercial and residential segments. Commercial segment is further sub-segmented into hospitals and clinics, and others applications.

Others sub-segment includes psychiatrists, social workers, psychologists, counselors, nurse practitioners, and group therapists categories.

In terms of value, North America dominated the market with over 45% market share in 2021, followed by Europe. Japan is expected to expand at a robust CAGR of 9% and South Korea will follow with a CAGR of 8.6% over the decade (2021 to 2031).

The mental health software market is segmented as follows:

By Deployment Mode:

• On-premise
• Subscription (Cloud-based)

By Mode of Access:

• Desktops/ laptops
• Tablets/ Smartphone

By Function:

• Telehealth
• Payroll
• Revenue Cycle Management
• Ledger
• Business Intelligence
• Electronic Health Record (EHR)
• Clinical Decision Support

By Application:

• Commercial
• Hospitals and Clinics
• Others
• Psychiatrists
• Social Workers
• Psychologists
• Counselors
• Nurse Practitioners
• Group Therapists
• Residential

By Region:

• North America
• U.S.
• Canada
• Latin America
• Argentina
• Mexico
• Brazil
• Rest of Latin America
• Europe
• Germany
• Italy
• France
• U.K.
• Spain
• Poland
• Russia
• Rest of Europe
• Asia pacific
• China
• India
• Japan
• ASEAN
• Australia and New Zealand
• Rest of Asia Pacific
• MEA
• GCC Nations
• South Africa
• North Africa
• Rest of MEA