Overview


According to FutureWise analysis the market for mental health software is expected to register a CAGR of 12.02% from 2023-2031.

Mental health software is used to track and manage patient behavior, cognition, and addiction data. The application also organizes invoicing, appointments, and beds to improve the company's productivity. Mental health software routinely performs clinical, operational, and administrative functions connected to clinic and hospital operations. Customers are urged to use mental health software because it is readily available and helps clinics run smoothly. Mental health software allows behavioral health practitioners to determine the most successful treatment plan for a patient suffering from depression, stress, addiction, anxiety, and other disorders by utilizing patient information and scientific data. The program allows users to schedule online appointments and pay medical bills using mobile devices such as computers or smartphones. It can also access information on radiological, laboratory, and pharmacy observations of patients being treated. In addition, a detailed report focusing on the needs of each patient is presented.

Factors such as increased adoption of behavioral health software, government funding availability, government initiatives to encourage EHR adoption in behavioral health organizations, and medical professionals are emphasizing providing high-quality care to patients with mental illnesses. Hospitals and other healthcare sectors are expected to adopt mental health software to improve the management and treatment of mental health issues. EHR (Electronic Health Records) are becoming more popular among mental health practitioners since they can save expenses while improving patient treatment. The global market for mental health software is predicted to grow due to the growing adoption of tele-mental health, which uses video conferencing to assist carers in coordinating with patients.

FutureWise Market Research has published a report that provides an insightful analysis of mental health software market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the mental health software market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.

  • Epic Systems Corporation
  • McKesson Corporation
  • Cerner Corporation
  • MindLinc
  • Allscripts
  • The Echo Group
  • Netsmart Technologies Inc.
  • Qualifacts Systems Inc.
  • Practice Fusion
  • General Electric Company
  • eClinicalWorks
  • Core Solutions Inc
  • Welligent Inc.
  • Valant Inc.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in Mental Health Software Market:

In October 2022- A clinical mental health platform named Calm Health was introduced by Calm, a subscription-based mindfulness app. To close the gap between mental and physical healthcare, Calm Health offers programs tailored to specific conditions.

The recent COVID-19 outbreak has increased stress, concern, despair, frustration, and dread among individuals, raising the prevalence of mental health problems. According to a scientific analysis released by WHO in March 2022, the COVID-19 epidemic caused a 25% global increase in stress and dissatisfaction in the first year. As a result of the increased burden of mental illness brought on by the pandemic and the global restrictions put in effect at the beginning of 2020, there was an increase in the use of mental health software. Healthcare facilities are integrating cutting-edge tools like various software solutions to manage mental health. The increased prevalence of mental problems is therefore expected to encourage the growth of the market for mental health software by increasing demand for the management of diseases. Moreover, several new features have been added to mental health software due to recent technological advancements in artificial intelligence (AI), machine learning (ML), data analytics, and virtual learning. Integrating cutting-edge technologies like Al and ML has improved patient outcomes and improved diagnostic accuracy. In addition, it is predicted that the growing number of government initiatives in various countries will quicken the market's expansion rate. Additionally, it is projected that the market for mental health software will grow more rapidly due to the rising usage of telemedicine for mental health management and the increased importance that various organizations are placing on the mental health of their staff members. However, certain countries' limited grasp of the available treatment options for such conditions and the stigma associated with mental health disorders prevent the market from growing. Also, concerns about security and privacy limit the usage of mental health software and inhibit industry growth. Issues with connectivity and accessibility of mental health software in low-income or rural areas also hamper the market's total growth rate. The restrictions on mental health reimbursement programs and regulatory barriers further constrain the market expansion of mental health software.

By Component

  • Software
    • Integrated software
    • Standalone software
  • Support Services

By Delivery Model

  • Ownership Model
  • Subscription Model

By Functionality

  • Clinical Functionality
    • Electronic health records (EHRs)
    • Clinical decision support
    • Health management
    • E-prescribing
    • Telehealth
  • Administrative Functionality
    • Document management/imaging
    • Business intelligence
    • Patient/client scheduling
    • Workforce management
    • Case management
  • Financial Functionality
    • Accounts payable/general ledger
    • Payroll
    • Revenue cycle management
    • Managed care

By End User

  • Providers
  • Payers
  • Patients

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. The market for mental health software in this region is experiencing significant growth due to the increased use of tablet/ smartphone; the main trends influencing the market for mental health software are the use of Al software, which enables support ahead of relapse in patients with severe mental illness. It assists even in hospitals. As a result, the deployment of Al will drastically alter the scope of mental health software.

Additionally based on component; software segment dominates the market in 2022. The increased usage of technological solutions for the management of psychiatry practices' financial, administrative, and clinical responsibilities is driving segment expansion. EHR systems provide integrated claims and billing capability that can handle complex billing procedures, and its mobile version allows patients to access services while on the go. The software automates the claims process by providing revenue cycle management. These technologies enable healthcare practitioners to build and select the best treatment plan for patients suffering from depression, stress, anxiety, substance misuse, and addiction. They assist in developing treatment programs based on clinical evidence and patient data.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the Mental Health Software Market By Component, By Delivery Model, By Functionality, By End User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Mental Health Software Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Mental Health Software Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Mental Health Software Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Mental Health Software Market, By Component Historical Analysis and Forecast 2024-2032 (USD Million)
    •   1. Software
         1.1. Integrated software
         1.2. Standalone software
        2. Support Services

  • 8.   Mental Health Software Market, By Delivery Model Historical Analysis and Forecast 2024-2032 (USD Million)
    •   1. Ownership Model
        2. Subscription Model

  • 9.   Mental Health Software Market, By Functionality Historical Analysis and Forecast 2024-2032 (USD Million)
    •   1. Clinical Functionality
         1.1. Electronic health records (EHRs)
         1.2. Clinical decision support
         1.3. Health management
         1.4. E-prescribing
         1.5. Telehealth
        2. Administrative Functionality
         2.1. Document management/imaging
         2.2. Business intelligence
         2.3. Patient/client scheduling
         2.4. Workforce management
         2.5. Case management
        3. Financial Functionality
         3.1. Accounts payable/general ledger
         3.2. Payroll
         3.3. Revenue cycle management
         3.4. Managed care

  • 10.   Mental Health Software Market, By End User Historical Analysis and Forecast 2024-2032 (USD Million)
    •   1. Providers
        2. Payers
        3. Patients

  • 11.   North America Mental Health Software Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 22018-2023
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2024-2032

  • 12.   Latin America Mental Health Software Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2024-2032

  • 13.   Europe Mental Health Software Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2024-2032

  • 14.   Asia Pacific Mental Health Software Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2024-2032

  • 15.   Middle East and Africa Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. Saudi Arabia
         2.2. UAE
         2.3. South Africa
         2.4. Egypt
        3. Market Size (USD Million) Forecast for MEA 2024-2032

  • 16.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 17.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Epic Systems Corporation
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. McKesson Corporation
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Cerner Corporation
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. MindLinc
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Allscripts
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. The Echo Group
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Netsmart Technologies Inc.
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Qualifacts Systems Inc.
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Practice Fusion
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. General Electric Company
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11. eClinicalWorks
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12. Core Solutions Inc
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview
        13. Welligent Inc.
         13.1. Company Overview
         13.2. Product Portfolio
         13.3. SWOT Analysis
         13.4. Financial Overview
         13.5. Strategic Overview
        14. Valant Inc.
         14.1. Company Overview
         14.2. Product Portfolio
         14.3. SWOT Analysis
         14.4. Financial Overview
         14.5. Strategic Overview

  • 18.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by
                  administrations
        5. The overall economic slowdown of the developing and developed nations

  • 19.   FutureWise SME Key Takeaway Points for Client
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