Press release
High Prevalence of Mental Disorders Boosts Mental Health Software Sales
The global mental health software market was valued at US$ 1,971.5 Mn in 2014. North America was the largest market for mental health software, accounting for over 45% revenue share of the overall market in 2014, followed by Europe with around 27% share. Moreover, Asia Pacific market is expected to exhibit highest CAGR of 16.7% during the forecast period (2015–2021), followed by the MEA market, which is expected to expand at a CAGR of 15.3%. Drivers such as increasing per capita healthcare spending, increasing aging population, government digital initiatives, and proliferation of wearable and mobile devices is expected to support growth of the mental health software market.
Request Sample: https://www.persistencemarketresearch.com/samples/4148
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”.
The 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.
Download TOC: https://www.persistencemarketresearch.com/market-research/mental-health-software-market/toc
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.
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.
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us:
305 Broadway,7th Floor
New York City, NY 10007
United States
+1-646-568-7751
+1 800-961-0353 (USA-Canada Toll free)
Email: sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release High Prevalence of Mental Disorders Boosts Mental Health Software Sales here
News-ID: 785292 • Views: …
More Releases from Persistence Market Research
Date Powder Market Projected to Witness Steady Growth - Persistence Market Resea …
The global date powder market is gaining significant traction, driven by an increasing shift toward natural sweeteners and a rising consumer preference for healthier alternatives to traditional sugars. Derived from dried dates, date powder is not only a natural sweetener but also offers numerous health benefits, including high levels of dietary fiber, minerals, and antioxidants. As a result, it is gaining popularity in a variety of food products such as…
Date Powder Market Projected to Witness Steady Growth - Persistence Market Resea …
The global date powder market is gaining significant traction, driven by an increasing shift toward natural sweeteners and a rising consumer preference for healthier alternatives to traditional sugars. Derived from dried dates, date powder is not only a natural sweetener but also offers numerous health benefits, including high levels of dietary fiber, minerals, and antioxidants. As a result, it is gaining popularity in a variety of food products such as…
High Protein Yogurt Market Expected to Grow Significantly - Persistence Market R …
The global high protein yogurt market has been experiencing substantial growth, fueled by a growing consumer interest in healthier dietary choices and the increasing demand for high-protein products. As consumers become more health-conscious, the focus on protein-rich foods-especially those that cater to specific health needs-has become a central trend. High protein yogurt, which offers more protein than traditional yogurt, is emerging as a favorite among athletes, fitness enthusiasts, and those…
Pet Food Flavor Market Expected to Witness Robust Growth - Persistence Market Re …
The pet food flavor market is experiencing a significant surge as the global pet food industry continues to expand. As pet ownership becomes more prevalent worldwide, especially in urban areas, the demand for high-quality, flavorful pet food products is on the rise. Pet food flavors not only enhance the taste and appeal of the food but also serve as a key factor in attracting pets to their meals. This has…
More Releases for Mental
National Alliance on Mental Illness (NAMI) Florida to Discuss 2020’s Hot Topic …
The National Alliance on Mental Illness (NAMI) Florida will host the third installment of the All Together Now Virtual Speaker Series, on November 14. From 10:00 a.m. to 1:00 p.m., the free event will focus on “Hot Topics in Mental Health,” embracing the state alliance’s mission of providing education, advocacy and support for people with mental illness and their loved ones. The November program will host five in-depth panel discussions,…
Mental Health 2019
PULSUS brings in a new spin on conferences by presenting the latest scientific improvements in your field. Listen to motivating keynotes from thought leaders or rub elbows with pioneers across the globe. London is all set for an amazing event as PULSUS proudly presents the “World Congress on Mental Health” scheduled on November 13,14, 2019 at London, UK. PULSUS cordially welcome researchers, academicians, students and business professionals in the field…
World Congress on Mental Health
London is all set for an amazing event as PULSUS proudly presents the “World Congress on Mental Health” scheduled on November 13,14, 2019 at London, UK. PULSUS cordially welcome researchers, academicians, students and business professionals in the field of Psychiatry from around the world to participate in the upcoming Mental Health 2019. The meeting for this year will revolve around the theme “Intellectual Learning of Mental Health and Psychological Resilience”…
Pain and Suffering and Mental Illness
Personal injury cases often involve multiple types of damages that a victim may receive as a part of their compensation when a claim is made. One of the most common forms of damages individuals suffer from and claim for is pain and suffering which includes various forms of emotional distress or even mental illness that require treatment. One article stated that “While a car accident is able to leave physical…
Mental Health Software Market: Innovative and Low Cost Mental Healthcare Solutio …
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 allows users to schedule online appointments and facilitate medical bill payment via mobile devices such as laptops and smartphones.
The global mental health software market was valued at US$ 1,971.5 Mn in 2014. North America was the largest…
Market Study on Mental Health Software: Innovative and Low Cost Mental Healthcar …
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…
