India Behavioral Health Care Software And Services Market Size & Outlook
India behavioral health care software and services market, 2017-2030 (US$M)
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India behavioral health care software and services market highlights
- The India behavioral health care software and services market generated a revenue of USD 81.7 million in 2022 and is expected to reach USD 239.7 million by 2030.
- The India market is expected to grow at a CAGR of 14.4% from 2023 to 2030.
- In terms of segment, software was the largest revenue generating component in 2022.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Behavioral health care software and services market data book summary
| Market revenue in 2022 | USD 81.7 million |
| Market revenue in 2030 | USD 239.7 million |
| Growth rate | 14.4% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Support Services, Software |
| Key market players worldwide | Cerner Corporation, Core Solutions, Epic Corp, Netsmart Technologies, Qualifacts Systems, Welligent, Meditab Software, Holmusk |
Other key industry trends
- In terms of revenue, India accounted for 2.5% of the global behavioral health care software and services market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan behavioral health care software and services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 239.7 million by 2030.
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Behavioral Health Care Software And Services Market Scope
Behavioral Health Care Software And Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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India behavioral health care software and services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to behavioral health care software and services market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 83.23% in 2022. Horizon Databook has segmented the India behavioral health care software and services market based on support services, software covering the revenue growth of each sub-segment from 2017 to 2030.
In India, the Mental Health Care Act was passed in 2017 by the government. According to the law, every insurance provider must provide insurance for mental health treatment. However, the actual insurance scenario fails to match with the expectations.
As the market for mental health treatment mainly focuses on inpatient care, insurance companies fail to provide coverage. The nature of mental health care in India is evolving due to increasing awareness and there is wide scope for adoption of technology to meet the need for management of rising cases of mental health issues.
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Target buyers of India behavioral health care software and services market databook
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Our clientele includes a mix of behavioral health care software and services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India behavioral health care software and services market , including forecasts for subscribers. This country databook contains high-level insights into India behavioral health care software and services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India behavioral health care software and services market size, by component, 2017-2030 (US$M)
India Behavioral Health Care Software And Services Market Outlook Share, 2022 & 2030 (US$M)
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