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):
Compulink Healthcare Solutions
Core Solutions, Inc.
Meditab Software, Inc.
Netsmart Technologies, Inc.
Qualifacts Systems, Inc.
Key Topics Covered:
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
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/
Laura Wood, Senior Press Manager
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