Behavioral Health Software Market Global Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts to – 2023

The behavioral health software is expected to be around $2.80 billion by 2023 from around $0.78 billion in 2014 while growing at a CAGR of 15.24%. The market is mainly driven by factors such as expanding government support for growing behavioral health services, behavioral health changes, and rising patient base looking for behavioral health services. Moreover, consistent technological advancement in behavioral health software is also expected to favorably contribute to the market growth during the forecast period. However, factors such as low deployment rate of the software in hospitals, difficulty in implementation, lack of skilled healthcare staff and physiatrists, and the lack of data privacy are some of the factors, restraining the growth of the global mental health software market.

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Behavioral Health Software Market Regional Outlook and Trend Analysis
Asia is relied upon to be the fastest growing region, due to expanding healthcare services use and expanding government activities and support within the region. Furthermore, the market in Asia is growing, due to increasing awareness about behavioral health software in the emerging countries, such as India and China. North America is expected to dominate the global market in the coming years, due to expansion of government supports and expanding patient base looking for behavioral services.

Behavioral Health Software Market Competitive Insights
Behavioral health software includes broad arrangements with solution that provides assistance to providers of behavioral health software to cut the cost in services, upgrade effectiveness, and enhance the nature of patient care. The global behavioral health software market is growing expressively, due to great potential of subscription model.

Some of the major players operating in the global Behavioral Health Software market are, Allscripts, Cerner Corporation, MindLinc, Credible Behavioral Health, Inc., Askesis Development Group Inc, eClinicalWorks, Epic Systems Corporation, NextGen Healthcare Information Systems(subsidiary of Quality Systems), General Electric Company, The Echo Group, Valant Medical solutions Inc. and others.

Behavioral Health Software Market Segmentation: 

By Component

  • Support Service
  • Software
    • Integrated
    • Standalone

By Delivery Model

  • Ownership Model
  • Subscription Model

By Functionality

  • Clinical
  • Electronic Health Records (EHRs)
    • Clinical decision Support (CDS)
    • E-Prescribing
    • Care Plans/Health Management
    • Telehealth
  • Administrative
    • Document Management/Imaging
    • Business Intelligence
    • Patient/Client Scheduling
    • Workforce Management
  • Case Management
  • Financial
    • Accounts Payable/General Ledger
    • Payroll
    • Revenue Cycle Management
    • Managed Care

By End User

  • Providers
    • Community Clinics
    • Hospitals
    • Private Practices
  • Payers
  • Residential

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Table of Contents:

  1. Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

  1. Executive Summary

2.1.       Key Highlights

  1. Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Expanding government support for growing behavioral health services

3.2.1.2.    Rising patient base looking for behavioral health services

3.2.1.3.    Increasing adoption of behavioral health software to improve workflow efficiency, minimize healthcare costs

3.2.2.  Restraints

3.2.2.1.    Low deployment rate of the software

3.2.2.2.    Data Privacy Concerns

3.2.2.3.    Lack of skilled healthcare staff and physiatrists

3.2.3.  Opportunities

3.2.3.1.    Rising markets offers vast growth opportunities

  1. Behavioral Health Software, By Component

4.1.       Introduction

4.2.       Behavioral Health Software Market Assessment and Forecast, By Component, 2014-2023

4.3.       Support Service

4.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.       Software

4.4.1.  Market Assessment and Forecast, By Type, 2014-2023 ($Million)

4.4.2.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.3.  Integrated

4.4.3.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.4.  Standalone

4.4.4.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

…CONTINUED FOR TOC

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