Mediaboss Marketing

DUBLIN, November 22, 2021--(BUSINESS WIRE)--The "Behavioral/Mental Health Software - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Behavioral/Mental Health Software estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 14.3% over the period 2020-2027.

Service, one of the segments analyzed in the report, is projected to record 15.1% CAGR and reach US$2.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 13% CAGR for the next 7-year period.

The U.S. Market is Estimated at $434.7 Million, While China is Forecast to Grow at 13.7% CAGR

The Behavioral/Mental Health Software market in the U.S. is estimated at US$434.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$649.3 Million by the year 2027 trailing a CAGR of 13.7% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 12.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.

Select Competitors (Total 43 Featured):

AdvancedMD, Inc.

Cerner Corporation

Compulink Healthcare Solutions

Core Solutions, Inc.

Meditab Software, Inc.

Mindlinc

Netsmart Technologies, Inc.

NextGen Healthcare

Qualifacts Systems, Inc.

Valant Inc.

Welligent Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

Influencer Market Insights

World Market Trajectories

Behavioral Health/Mental Health: An Overview

Behavioral/Mental Health Software Market to Witness Robust Growth

2019 Most Popular Mental Health Software

Impact of COVID-19 and a Looming Global Recession

Increased Healthcare Spending to Drive Sales of Behavioral/Mental Health Software

Growing Use of EHR Systems in Behavioural Health Organization to Drive Market Growth

Leading Mental Health EHR Software

Integration of New Technologies with Existing Treatment Modalities Increases Providers' Productivity

iCare-stress: An integrated mental health software

Innovative Technologies and Apps for Mental Health Treatment

Subscription-based Model Dominates the Market

Mental Health Services Witnesses Increased Demand

Rising Popularity of School-based Mental Health Services

Increasing Mergers and Acquisitions Among Players to Stay Ahead in the Competition

Growing Use of Telehealth for Managing Mental Health

Favorable Mental Health Reforms Aid Market Expansion

III. MARKET ANALYSIS

Story continues

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/k3yyn

View source version on businesswire.com: https://www.businesswire.com/news/home/20211122006092/en/

Contacts

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Global Behavioral/Mental Health Software Industry to 2027 - Integration of New Technologies with Existing Treatment Modalities Increases Providers'...