Gurgaon Samachar

Mental Health Software and Devices Market Global Overview 2019, New Technology Development Trends, Industry Growth Rate, Business Opportunities, Top Company Profiles, Regional Forecast to 2023

 Breaking News
  • No posts were found

Mental Health Software and Devices Market Global Overview 2019, New Technology Development Trends, Industry Growth Rate, Business Opportunities, Top Company Profiles, Regional Forecast to 2023

September 03
23:27 2019
Mental Health Software and Devices Market Global Overview 2019, New Technology Development Trends, Industry Growth Rate, Business Opportunities, Top Company Profiles, Regional Forecast to 2023

Mental Health Software and Devices Market
Market Research Future Published an Upcoming Report on Global Mental Health Software and Devices Research Report. Global Mental Health Software and Devices Market Analysis by Software (web based, and Standalone software) and devices), Software Functionality (Clinical (electronic health records (EHRs), clinical decision support, Health Management, E-prescribing, Tele-health) – Forecast To 2023

MRFR is the Leading Brand in The Research Company who Recently Published Mental Health Software and Devices Market Research Reports which includes Study of growth, Regional Analysis, Top Industry Players Formation, Major Drivers, Upcoming Trends and Forecast to 2023.

Mental Health Software and Devices Market Scenario:

Mental health software and devices is the application of information technology and advancements in devices technology for the diagnosis, and treatment of mental disorders. Major functional sections of the mental health software and devices include terminology and coding systems, analytics, electronic health record systems (EHRs), diagnostic systems, tele-psychiatry, telemedicine, and others.

Request Free Sample at https://www.marketresearchfuture.com/sample_request/5880

Drivers:

The economic drivers of the market are growing demand for cost effective solutions, concerns over healthcare delivery cost, growing purchasing power of players.

The advantages of information management such as reduced manual intervention and concurrent elimination of errors, faster information collection, access and analysis, informed decision making results in improvements in performance and returns on investment. Real-time health monitoring and provision of population healthcare via telemedicine are other drivers of the market.

Growing incidence of mental disorders due to rising risks such as stress, old age population, sedentary lifestyles, substance abuse and others are the demographic drivers of the market. According to world health organization, proportion of the world’s population over 60 years is expected to double from 12 % in 2015 to 22 % by 2050 which provides a sustainable and large unmet need which is easily comprehended.

The economic drivers of the market are pricing pressures on hospitals, growing adoption and affordability of devices, rapid development of wireless technology and integration, greater patient satisfaction, and growing healthcare infrastructure. The growing functionality of mental health software and devices systems is reflected by the plethora of function additions representing the dashboard of a financial company! The list includes but is not limited to clinical statistics, case cancellation rate, revenue cycle management, scheduling and others. The impetus provided by governments towards development of psychiatric care and a drive towards patient centric healthcare are regulatory drivers of the market.

Restraints:

High costs of installation and maintenance, concerns over information security and privacy, scarcity of trained manpower, digital divide, limited reimbursement for mental healthcare, are the restraints on the market.

Mental Health Software and Devices Market Prominent players:

The prominent players of the global mental health software and devices industry are Advanced Data Systems (US), McKesson Corporation (US), AdvancedMD (US), Compulink (US), Athena health (US), Core Solutions (US), Sigmund Software (US), IBM (US), Credible Behavioral Health (US), ICANotes (US), NextStep Solutions (US), InSync Healthcare Solutions (US), iSalus Healthcare (US), The Echo Group (US), Kareo (US), Cerner Corporation (US), Meditab Software (US), Mentegram (US), Mindlinc (US), Netsmart (US), Nextgen Healthcare (US), Nuesoft Technologies (US), Qualifacts (US), Raintree Systems (US), TheraNest (US), Valant (US), Welligent (US), and WRS Health (US). Allscripts (US), Orion Health (New Zealand) and others.

Mental Health Software and Devices Market  Segments:

To generate a bird’s view of the global mental health software and devices market the report is divided by solution, deployment, end users and regions.

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

Based on functionality, the market has been segmented by clinical, administrative, financial and others. The clinical has been sub segmented into electronic health records (EHRs), clinical decision support, health management, E-prescribing, Tele-health, 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.

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

Based on regions, the market has been segmented by North America, Europe, Asia Pacific, Middle East and Africa.

Mental Health Software and Devices Market Regional analysis:

North America accounts for the largest market share led by the U.S. due to the faster uptake of new technology, developed hospital infrastructure, awareness and others.

Europe led by Germany, France and the U.K. accounts for the second largest market. The implementation and framing of provisions of mental health in the constitution and administrative policies of state has resulted in adoption of population health by many regions. For example, in December, 2017, Texas healthcare department launched mHealth app to connect patients with psychiatrists.

Asia Pacific region is anticipated to grow at the fastest rate owing to large unmet needs especially of China and India. The Middle East & African region, is anticipated to generate moderate growth due to poor social and economic reasons especially in Africa and social stigma with the market skewed in favour of Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.

To view the full report, visit at 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.

 

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: www.marketresearchfuture.com/reports/mental-health-software-devices-market-5880

Recent Posts

Electrosurgery Accessories Market is anticipated to reach US$ 2209 million, witnessing a CAGR of 5.9% during the forecast period 2024-2030 | The Market Reports

Read Full Article

Categories