About Mental Health EHR Software
Mental Health EHR software automates the procedure of handling the activities involved in patient's record-keeping, billing, scheduling for mental health facilities, it is basically the number of various software systems used operation. The software can be used by mental health professionals like therapists, psychologists, counselors the clinics. The mental health EHR software bridges the gap between standalone or general health care solutions, which offer limited functionality needs in this practice like psychiatric SOAP notes, an ONC-ATCB-certified EHR, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The company operates in this market and is continuously focusing on the technological advancement of the product. There are a huge number of market players are operating in this market, some of them are new entrants with some advanced technology. The players who cater to cloud-based mental health EHR software are generating major revenue and leading in the market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mental Health EHR Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cerner Corporation (United States), Epic Systems Corporation (United States), Netsmart Technologies (United States), NextGen Healthcare (United States), Allscripts Healthcare Solutions, Inc. (United States), CureMD Corporation (United States), Mediware (United States), Kareo (United States), EMIS Health (United Kingdom) and Credible Behavioral Health (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Qualifacts (United States), Core Solutions (United States), THE ECHO GROUP (United States), Careworks (United States), Askesis Development (United States), MindLinc (United States), Welligent (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Mental Health EHR Software market by Type (Ownership Model and Subscription Model), Application (Hospitals, Clinics, Residential and Others) and Region.
On the basis of geography, the market of Mental Health EHR Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud-Based will boost the Mental Health EHR Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Psychologists will boost the Mental Health EHR Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Number of Mental Health Professionals and Advancements in Mental Health Software with Enhanced Features
Market Growth Drivers:
The Growing Prevalence of Mental Health Sufferings in People Around the World and Need for Automating the Mental Health Process for Easy Management
Challenges:
Regulatory Norms on Mental Health Systems
Restraints:
Data Privacy Related Issues in Mental Health EHR Software and Lack of Awareness about Mental Health Software Usage
Opportunities:
More Awareness in Community Centers and Inpatient Facilities Regarding Mental Health and Rising Government Spending and Support for Improvement in Mental Health Systems
Market Leaders and their expansionary development strategies
In July 2020, CloudMD Software & Services Inc. a telehealth company seeking to revolutionize the delivery of healthcare to patients announced that it has signed a binding term sheet (“Term Sheet”) to acquire 100% of Snapclarity Inc. (“Snapclarity”).
In June 2019, NextGen Healthcare, Inc., the leading provider of ambulatory-focused technology solutions, announced the launch of NextGen Behavioral Health Suite. The comprehensive solution gives providers access to a single, integrated physical, and behavioral health record to treat the whole patient.
Key Target Audience
Mental Health EHR Software Software Developers, Mental Health EHR Software Industry Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.