Behavioral Mental Health Care Software Market Size 2022, Share, Industry Growth, Report & Forecast Till 2027
Global Behavioral Mental Health Care Software Market Overview (2022-2027)
• Historical Market Size (2021): US$ 6.37 Billion
• Forecast CAGR (2022-2027): 13.30%
• Forecast Market Size (2027): US$ 6.37 Billion
At 13.30% CAGR, Global Behavioral Mental Health Care Software Market Size & Share to Surpass USD 955.6 Billion by 2027 | Industry Trends, Growth, Share, Opportunities, Statistics, Analysis & Forecast Report by IMARC
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What is a the Behavioral Mental Health Care Software Market ?
Behavioral mental health care software represents advanced technological solutions that enable psychiatrists to monitor patient behavior trends to gain insights and track their condition.
They have the potential to gather radiology, laboratory, and pharmacy-related data observations to provide comprehensive reports that examine the need of individuals. Behavioral mental health care software solutions help acquire electronic health records (EHR), make clinical decisions, perform health management practices, conduct e-prescribing, etc. They even offer clinical decision support and allow online appointment scheduling through telehealth platforms.
As a result, behavioral mental health care software services find extensive applications in community centers, hospitals, clinics, and other healthcare establishments across countries.
What are the major market drivers in a Behavioral Mental Health Care Software market ?
The elevating prevalence of various psychological disorders, such as stress, anxiety, paranoia, depression, etc., and the rising focus among medical professionals on offering quality care are primarily driving the behavioral mental health care software market.
In addition to this, the increasing demand for these software and technologies from behavioral health organizations across the globe to reduce treatment errors and paperwork, ensure instant patient data access to facilitate productivity, enhance workflow, reduce healthcare costs, and maintain confidentiality about patient information, especially in case of substantial drug abuse, is acting as another significant growth-inducing factor.
Besides this, the launch of several favorable by government bodies aimed at encouraging the adoption of HER and cognitive behavior therapies (CBT) for dealing with mental disorders is also positively influencing the global market. Moreover, the introduction of automated software variants to improve operational efficiencies by managing administrative, clinical, and financial tasks and the growing improvement in healthcare infrastructure are expected to propel the behavioral mental health care software market over the forecasted period.
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Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Solution:
· Software
o Integrated Software
o Standalone Software
· Services
Breakup by Function:
· Clinical Functionality
o Electronic Health Records
o Clinical Decision Support
o Care Plans/Health Management
o Other Clinical Functionalities
· Administrative Functionality
o Patient/Client Scheduling
o Case Management
o Other Administrative Functionalities
· Financial Functionality
o Revenue Cycle Management
o Accounts Payable/General Ledge
o Other Financial Functionalities
Breakup by Disorder Type:
· Anxiety
· Post-Traumatic Stress Disorder (PSTD)
· Substance Abuse
· Schizophrenia
· Bipolar Disorders
· Others
Breakup by Delivery Model:
· Subscription Model
· Ownership Model
Breakup by End Use:
· Providers
o Hospitals and Clinics
o Community Centers
· Payers
· Patients
By Geography:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
The major players in the market are
Accumedic Computer Systems Inc.
Advanced Data Systems
AdvancedMD Inc. (Global Payments Inc.)
Compulink Healthcare Solutions
InSync Healthcare Solutions
Meditab Software Inc.
Netsmart Technologies Inc.
Psyquel, Qualifacts Systems LLC
Therapy Brands
TherapyNotes LLC
Valant Medical Solutions Inc.
and Welligent Inc.
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