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Global Mental Health Software and Devices Market 2020, Industry Overview, Size, Share, Technology Trends, Business Growth, Demand, Merger, Competitive Landscape, Top Companies, Regional Statistics

December 26th, 2019 Market Research Future Releases

Adoption of Software by Mental Health Professionals to Drive Global Mental Health Software and Devices Market

Mental health has come into focus due to changing lifestyles of patients and unhealthy work hours. Mental health software and devices utilizes the power of information technology to keep a check on mental or behavioral disorders. The global mental health software and devices market report by Market Research Future (MRFR) focuses on various issues plaguing the market as well as efforts by manufacturers.

Mental Health Software and Devices Market Outlook

Global mental health software and devices market size can expand from 2017 to 2023 (forecast period) due to the rapid adoption of software by mental health professionals. Change in health practices due to availability of patient records and mental health history can lead to effective management of patients. Collection and analysis of information, elimination of errors, rise in patient income levels, and demand for effective solutions for management of mental health are other drivers of the market.

Development of wearables, changing attitudes of patients and doctors towards information technology, and pressure on hospitals to reduce operational costs can drive the global mental health software and devices market. Real-time monitoring of patient health and provision of advice and medicines via telemedicine can bode well for the market growth in the coming years.

Paucity of skilled personnel, limited insurance coverage costs, and concerns over digital information are challenges faced by the market.

Get a FREE Sample Copy of Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/5880

Mental Health Software and Devices Market Segmentation Analysis

the global mental health software and devices market is segmented on the basis of solution, deployment, end users and regions.

By component, the market has been segmented by software and devices. The software has been sub-segmented into web based and standalone software.

By functionality, the market has been segmented by clinical, administrative, financial and others. The clinical segment has been categorized into tele-health, electronic health records (EHRs), E-prescribing, clinical decision support, health management, and others. The administrative has been sub segmented into information management, scheduling, workforce management, and others.

The financial has been sub segmented into accounting, revenue cycle management, business intelligence, and others.

By end user, the market has been segmented by providers, payers, and patients.

Mental Health Software and Devices Market Regional Analysis

Region-wise, Global Mental Health Software and Devices Market comprises North America, Middle East & Africa (MEA), Asia Pacific (APAC), and Europe.

North America accounted for the largest market led by the U.S. due to focus on mental health by governments. According to the American Psychological Association in 2019, the number of young U.S. citizens with an increase of mental health disorders has risen due to shift in mood disorders. Other drivers include rapid adoption of technology and development of healthcare infrastructure by governments.

Europe is the second largest region of the market driven by large number of burnout cases and mental health issues of employees. Governments in the region have developed a common platform for collection of mental health issues and records of patients for implementation of good policies as well as welfare schemes. On the other hand, the APAC region is expected to exhibit the fastest growth rate during the forecast period due to being driven by economies of China, India, and Japan. International brands in the region are giving mental health insurance for preventing burnouts and reducing stress in the workplace.

Mental Health Software and Devices Market Competition Outlook

Prominent mental health software vendors and device manufacturers profiled in the report include Athena Health, Mindlinc, Mentegram, WRS Health, Kareo, Nextgen Healthcare, ICANotes, Core Solutions, InSync Healthcare Solutions, Compulink, Allscripts, Nuesoft Technologies, NextStep Solutions, Valant, Credible Behavioral Health, Welligent, Raintree Systems, Netsmart, Meditab Software, Orion Health, The Echo Group, Sigmund Software, IBM, TheraNest, Advanced Data Systems, AdvancedMD, Qualifacts, McKesson Corporation, iSalus Healthcare, and Cerner Corporation.

Mental Health Software and Devices Industry News

Mental health software providers are currently rolling out a suite of products to lower the stress on non-core functions allowing physicians to focus on patients. Governments are launching websites dedicated to mental health for making it convenient for patients to reach out to doctors in cases of extreme stress.

Get More Information on Mental Health Software and Devices Market Research Report – Forecast to 2023 @ https://www.marketresearchfuture.com/reports/mental-health-software-devices-market-5880

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

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