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
North America Deck Design Software Market Predicted to Reach USD 161.6 Million b …
The North America deck design software market is poised for significant growth, projected to expand at a CAGR of 11.3% from 2025 to 2032. The market size is expected to rise from US$ 76.3 million in 2025 to US$ 161.6 million by 2032, reflecting the increasing adoption of digital solutions in the construction and real estate sectors. Deck design software is revolutionizing how architects, builders, and homeowners conceptualize outdoor living…
Gesture Recognition and Touchless Sensing Market Anticipated to Hit USD 117.3 Bi …
The global gesture recognition and touchless sensing market is set for exponential growth, with the market projected to reach US$ 29.5 billion by 2025. Forecasts indicate it will grow at a robust CAGR of 21.8% from 2025 to 2032, achieving a market value of US$ 117.3 billion by 2032. The market's expansion is largely driven by the rising demand for contactless interfaces and automation across diverse industries. Gesture recognition and…
Rising Urban Vehicle Density and Shrinking Parking Spaces to Drive Automated Par …
The global automated parking system market is positioned for strong growth over the next decade as cities continue to grapple with urban congestion and limited space. Valued at US$ 2.5 Bn in 2025, the market is projected to nearly double, reaching US$ 4.9 Bn by 2032, reflecting a robust CAGR of 10.2% during the forecast period. This surge is largely fueled by the rising adoption of smart city solutions, the…
Mining Simulation Software Market Forecast to Expand to USD 4.8 Billion by 2031
The global mining simulation software market is poised for robust growth over the forecast period, driven by rising technological integration in the mining and construction sectors. In 2024, the market is valued at approximately US$ 2.6 billion and is projected to reach US$ 4.8 billion by 2031, registering a healthy CAGR of 8.9%. Mining simulation software allows companies to model mining operations virtually, improving operational efficiency, reducing risks, and enhancing…
More Releases for Mental
Synapse Mental Wellbeing: Personalized Mental Health Care for Individuals, Compa …
Bangalore, India - April 9th - Founded by Pranav Amarnath, Synapse Mental Wellbeing is a leading provider dedicated to fostering holistic well-being, with a significant emphasis on corporate wellbeing through tailored Employee Assistance Programs (EAPs) and Employee Wellbeing Programs (EWPs). Alongside these crucial workplace initiatives, Synapse offers accessible and personalized mental health care for individuals, couples, children, and organizations.
Synapse Mental Wellbeing is committed to serving the community by providing a…
Key Influencer in the Mental Health Market 2025: Rising Prevalence Of Mental Dis …
What industry-specific factors are fueling the growth of the mental health market?
The rise in the occurrence of mental disorders is projected to fuel the expansion of the mental health market in the foreseeable future. These mental conditions are described as impairments that are clinically observable in an individual's cognitive function, emotional regulation, or behavior. They have a crucial role in mental health in terms of facilitating the identification of disorders,…
Anima Launches Employee Mental Wellness Tracker to Revolutionize Workplace Menta …
Image: https://www.globalnewslines.com/uploads/2025/01/3b2917c69b737c950f874241fa685695.jpg
Deloitte's "Mental Health and Employers" 2022 report estimates that the overall cost of poor mental health to UK employers in 2020-21 was $66.41 - $70.17 billion, primarily driven by absenteeism, presenteeism (working while unwell), and labor turnover. Alarmingly, nearly 40% of turnover costs now stem from mental health issues, underscoring the need for proactive interventions.
Image: https://www.globalnewslines.com/uploads/2025/01/3688ec014a5e53547558325b34b4d7b6.jpg
But there's good news: the return on investment (ROI) for mental health initiatives averages…
Mental Health Software Market: Revolutionizing Mental Healthcare with Advanced D …
In recent years, the global Mental Health Software Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Mental Health Software Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business…
Veteran Mental Health Assessment (VMHA) Launches Mental Health Assessment Proces …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1728348730.jpeg
Dwayne Edwards, Founder & Chief Executive Officer of Veteran Mental Health Assessment
Free consultation for veterans who deserve mental health benefits and need advocacy
FRISCO, Texas - October 7, 2024 - Veteran Mental Health Assessment (VMHA) today announced that it has developed a mental health assessment process that enables U.S. veterans to receive the most appropriate benefits for their mental health conditions from the Veterans Administration (VA). VMHA's experienced psychologists…
Emerging Mental Health Devices and Platforms Market Mental Wellness on Demand So …
Global Emerging Mental Health Devices and Platforms Market Size to Expand Lucratively and Reach USD 17.64 Billion to 2031 - Explained Details | Updated InsightAce Study
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Emerging Mental Health Devices and Platforms Market Size, Share & Trends Analysis Report By Products (Platforms and Devices), Therapies (Cognitive Behaviour Therapy (CBT), Electrotherapy, and Other Therapy), End-Users (Patients, Providers,…
