Market Insights and Analysis: Mental Health Software Market Overview and Projections (2024-2030)
The Global Mental Health Software Market size 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.
Top leading companies in the Mental Health Software Market includes:
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, and others
Industry Recent 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.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Component
-Support Services
-Software
-Integrated
-Standalone
By Function
-Clinical Function
–Electronic Health Records (EHR)
–Clinical Decision Support (CDS)
–Care Plans
–E-Prescribing
–Telehealth
-Administration Function
–Patient/Client Scheduling
–Document Management
–Case Management
–Business Intelligence (BI)
–Workforce Management
-Financial Function
–Revenue Cycle Management
–Managed Care
–Accounts Payable/General Ledger
–Payroll
By Delivery Model
-Subscription Model
-Ownership Model
By Disorder Type
-Depression
-Anxiety Disorder
-Bipolar Disorder
-Schizophrenia
-Substance Abuse Disorder
-Autism Spectrum Disorder (ASD)
-Others
By End User
-Community Clinics
-Hospitals
-Private Practices
-Payers
-Patients
- The global market for mental health software is mostly driven by the patient segment, who make up a sizable end-user population.
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Mental Health Software Market Geographic Reach:
The Geographic Reach of the Mental Health Software Market evaluates the spread and significance of Mental Health Software market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
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