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Mental Health Software Market Will Reach US$ 4,509.6 Million by 2021

01-18-2017 12:36 PM CET | IT, New Media & Software

Press release from: Persistence Market Research Pvt. Ltd

Mental Health Software Market Will Reach US$ 4,509.6 Million

Persistence Market Research delivers key insights on the Global Mental Health Software Market in its latest report titled “Global Market Study on Mental Health Software: Innovative and Low-Cost Mental Healthcare Solutions to Drive Implementation”.

Request to view Sample Report @ http://www.persistencemarketresearch.com/samples/4148

Global mental health software market is anticipated to expand at a double-digit CAGR during the forecast period. By deployment mode, the global mental health software market is segmented into on-premise and subscription (cloud-based). Among these, a subscription (cloud-based) segment is expected to register highest CAGR of 24.2% during the forecast period.

By mode of access, the global mental health software market is segmented into desktops/ laptops and tablets/ smartphones. Among these, desktops/ laptops segment is anticipated to be dominant throughout the forecast period and is projected to account around 70% share of the total global mental health software market by 2021.

By function, the mental health software market is segmented into telehealth, payroll, revenue cycle management, ledger, business intelligence, electronic health record, and clinical decision support. Among these, telehealth segment is estimated to be the third-largest segment in terms of value and is estimated to account over 16% share of the total global mental health software market share by 2015 end.

Application-wise, the market is segmented into commercial and residential segments. The commercial segment is further sub-segmented into hospitals and clinics, and others application. Others sub-segment is also categorized into psychiatrists, social workers, psychologists, counsellors, nurse practitioners, and group therapists.

Increasing aging population and increasing the incidence of chronic diseases is expected to fuel demand for advanced eHealth solutions for remote patient monitoring, which is projected to increase adoption of digital technologies by healthcare organizations. This, in turn, is expected to fuel the growth of the mental health solutions market during the forecast period. Healthcare organizations are focusing on integrating behavioural healthcare services into the care continuum in order to enhance quality and outcomes of healthcare services at the point of care. Increasing initiatives by universities are also indirectly propelling integration of behavioural healthcare services with care continuum.

Request to view Table of content @ http://www.persistencemarketresearch.com/market-research/mental-health-software-market/toc

This report covers the trend of each segment and its sub-segments along with the analysis of the potential of mental health software market in that region. North America and Asia-Pacific regions are estimated to collectively account for over 65% revenue share of the total mental health software market share by 2015 end. Asia-Pacific is projected to be the fastest growing market due to increasing aging population and incidence of chronic diseases in the region.

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About Us

Persistence Market Research (PMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each PMR Syndicated Research report covers a different sector - such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

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