Saturday, July 24, 2021

Behavioural/Mental Health Software Market: Top Company Profiles, Market Drivers, Restraints, Opportunities and Forecast

News

Behavioural/Mental Health Software Market document makes to thrive in the competitive market by giving knowhow of consumer’s demands, preferences, attitudes and their changing tastes about the specific product. This market report estimates the growth rate and the market value based on market dynamics and growth-inducing factors. Additionally, businesses can get highly benefited with this information to decide on their production and marketing strategies. All the major topics of the market research analysis are covered here that include market definition, market segmentation, competitive analysis, major developments in the market, and top-notch research methodology.

Request for FREE Sample Report: To Know the Impact of COVID-19 on this Industry @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=319986

Behavioural/Mental Health Software Market by Component (Services, Software), Delivery (Subscription, Ownership), Functionality (Clinical, EHR, CDS, Telehealth, RCM, BI, Administrative, Financial), End-User (Hospitals, Clinics) – Global Forecasts to 2026 The global behavioral health software market is expected to reach USD 4.9 billion by 2026 from USD 2.0 billion in 2021, at a CAGR of 19.6% during the forecast period.

The prominent players in the market are

Advanced Data Systems (US),

AdvancedMD (US),

Cerner (US),

Compulink (US),

Core Solutions (US),

Credible Behavioral Health (US),

Kareo (US),

Meditab Software (US),

Mindlinc (US),

Netsmart (US),

Nextgen Healthcare (US,

Qualifacts (US),

The Echo Group (US),

Valant (US),

Welligent (US),

Cure MD(US),

Epic systems corporations (US),

Accumedic (US),

Mediware(US),

Allscripts (US)

The major factors driving the growth of behavioral health software are the increasing adoption of behavioral health software, availability of government funding, government initiatives to encourage EHR adoption in behavioral health organizations, favorable behavioral health reforms in the US, and high demand for mental health services amidst provider shortage. On the other hand, data privacy concerns and a shortage of HCIT personnel are expected to restrain the growth of this market.

The support services segment is expected to account for the largest share of the behavioral health software market, by components in 2021

Based on components, the behavioral health software market is segmented into software and support services. The support services segment is expected to account for the largest share of the behavioral health software market in 2021. The recurring requirement of support services (such as software upgrades and maintenance) is the major factor supporting its growth.

The Community clinics segment to grow at the highest CAGR in the behavioral health market during the forecast period

Based on end users, the behavioral health software market has been segmented into community clinics, hospitals, and private practices. In 2021, the community clinics segment is expected to account for the largest share. Growing government initiatives to support these facilities and growing patient preference for community clinics are likely to drive behavioral health software adoption in this segment.

“The behavioral health software market in Europe region is expected to witness the highest growth rate during the forecast period”

Geographically, the behavioral health software market is segmented into North America, Europe, Asia Pacific and Rest of the world. North America is expected to continue to dominate the market in 2026, while Europe is expected to grow at the highest CAGR of during the forecast period. Factors such as the growing incidence of mental disorders, government initiatives for increasing awareness about mental disorders, and the improving accessibility of behavioral healthcare are driving growth in the European region.

The primary interviews conducted for this report can be categorized as follows:

  • By Company Type: Tier 1 – 24%; Tier 2 – 45%; Tier 3 – 31%.
  • By Designation (Supply Side): C-level – 22%; D-level – 28%; Others – 50%.
  • By Designation (Demand Side):Psychiatrists- 67%; Behavioral Health Service Providers- 20%; Others- 13%
  • By Region: North America – 48%; Europe – 21%; Asia – 26%; RoW – 5%.

Research Coverage:

  • The report studies the behavioral health software market based on component, delivery model, functionality, end user and region
  • The report analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth
  • The report evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders
  • The report studies micro-markets with respect to their growth trends, prospects, and contributions to the total behavioral health software market
  • The report forecasts the revenue of market segments with respect to four major regions

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall behavioral health software market and its sub segments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.

Enquire Here for, Report Enquiry, Discount and Customization @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=319986

Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
Figure 1 Behavioral Health Software Market Segmentation
1.3.1 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
Figure 2 Research Design
2.1 Market Size Estimation
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Breakdown And Data Triangulation
Figure 6 Data Triangulation Methodology
2.3 Secondary Sources
2.4 Primary Sources
2.5 Assumptions For The Study

3 Executive Summary
Figure 7 Behavioral Health Software Market, By Component, 2021 Vs. 2026
Figure 8 Behavioral Health Software Market, By Type, 2021 Vs. 2026 (Usd Million)
Figure 9 Behavioral Health Software Market, By Delivery Model, 2021 Vs. 2026 (Usd Million)
Figure 10 Behavioral Health Software Market, By End User, 2021 Vs. 2026 (Usd Million)
Figure 11 Geographical Snapshot Of The Behavioral Health Software Market

4 Premium Insights
4.1 Market Overview: Behavioral Health Software
Figure 12 Availability Of Government Funding And Support To Drive The Market During The Forecast Period
4.2 Behavioral Health Software Market, By End User
Figure 13 Community Clinics To Witness The Highest Cagr Between 2021 And 2026
4.3 Behavioral Health Software Market: Geographic Snapshot
Figure 14 The Uk To Witness The Highest Growth Rate During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 15 Behavioral Health Software Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing Adoption Of Behavioral Health Software
5.2.1.2 Availability Of Government Funding
5.2.1.3 Government Initiatives To Encourage Ehr Adoption In Behavioral Health Organizations
5.2.1.4 Favorable Behavioral Health Reforms In The Us
5.2.1.5 High Demand For Mental Health Services Amidst Provider Shortage
5.2.2 Restraints
5.2.2.1 Data Privacy Concerns
5.2.2.2 Shortage Of Hcit Professionals
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 Growing Emphasis On Subscription Models
5.2.3.3 Telehealth As A Means Of Providing Care Services
5.2.4 Challenges
5.2.4.1 Financial Constraints
5.2.4.2 Difficulty In Integration And Other Technical Challenges In Software Implementation
5.3 Impact Of Covid-19 On The Behavioral Health Software Market

6 Behavioral Health Software Market, By Component
6.1 Introduction
Table 1 Behavioral Health Software Market, By Component, 2017–2020 (Usd Million)
Table 2 Behavioral Health Software Market, By Component, 2021–2026 (Usd Million)
6.2 Support Services
6.2.1 Support Services Is The Largest & Fastest-Growing Component Segment
Table 3 Behavioral Health Software Market For Support Services, By Region, 2017–2020 (Usd Million)
Table 4 Behavioral Health Software Market For Support Services, By Region, 2021–2026 (Usd Million)
6.3 Software
Table 5 Behavioral Health Software Market, By Type, 2017–2020 (Usd Million)
Table 6 Behavioral Health Software Market, By Type, 2021–2026 (Usd Million)
Table 7 Behavioral Health Software Market, By Region, 2017–2020 (Usd Million)
Table 8 Behavioral Health Software Market, By Region, 2021–2026 (Usd Million)
6.3.1 Integrated Software
6.3.1.1 Advantages Offered By These Systems Such As Ease Of Use And Real-Time Data Availability To Support Market Growth
Table 9 Behavioral Health Integrated Software Market, By Region, 2017–2020 (Usd Million)
Table 10 Behavioral Health Integrated Software Market, By Region, 2021–2026 (Usd Million)
6.3.2 Standalone Software
6.3.2.1 Standalone Solutions Are Less Efficient As Compared To Integrated Solutions
Table 11 Behavioral Health Standalone Software Market, By Region, 2017–2020 (Usd Million)
Table 12 Behavioral Health Standalone Software Market, By Region, 2021–2026 (Usd Million)

7 Behavioral Health Software Market, By Delivery Model
7.1 Introduction
Table 13 Behavioral Health Software Market, By Delivery Model, 2017–2020 (Usd Million)
Table 14 Behavioral Health Software Market, By Delivery Model, 2021–2026 (Usd Million)
7.2 Subscription Models
7.2.1 Cloud-Based Models Are The Most Cost-Effective Delivery Model Due To The Elimination Of The Purchasing Cost Of Software And Hardware
Table 15 Behavioral Health Software Market For Subscription Models, By Region, 2017–2020 (Usd Million)
Table 16 Behavioral Health Software Market For Subscription Models, By Region, 2021–2026 (Usd Million)
7.3 Ownership Models
7.3.1 Lack Of Data Transferability And The Requirement Of Annual Maintenance Contracts May Restrain Market Growth To A Certain Extent
Table 17 Behavioral Health Software Market For Ownership Models, By Region, 2017–2020 (Usd Million)
Table 18 Behavioral Health Software Market For Ownership Models, By Region, 2021–2026 (Usd Million)

8 Behavioral Health Software Market, By Functionality
8.1 Introduction
Table 19 Behavioral Health Software Market, By Functionality, 2017–2020 (Usd Million)
Table 20 Behavioral Health Software Market, By Functionality, 2021–2026 (Usd Million)
8.2 Clinical Functionality
Table 21 Behavioral Health Software Market For Clinical Functionality, By Region, 2017–2020 (Usd Million)
Table 22 Behavioral Health Software Market For Clinical Functionality, By Region, 2021–2026 (Usd Million)
Table 23 Behavioral Health Software Market For Clinical Functionality, By Type, 2017–2020 (Usd Million)
Table 24 Behavioral Health Software Market For Clinical Functionality, By Type, 2021–2026 (Usd Million)
8.2.1 Electronic Health Records (Ehrs)
8.2.1.1 Ehr Helps Streamline Clinical Work Workflows And Reduce Medical & Prescription Errors
Table 25 Behavioral Health Software Market For Ehrs, By Region, 2017–2020 (Usd Million)
Table 26 Behavioral Health Software Market For Ehrs, By Region, 2021–2026 (Usd Million)
8.2.2 Clinical Decision Support (Cds)
8.2.2.1 Cds Mainly Helps Evaluate Drug Prescription & Diagnosis For Interactive Decision Support
Table 27 Behavioral Health Software Market For Cds, By Region, 2017–2020 (Usd Million)
Table 28 Behavioral Health Software Market For Cds, By Region, 2021–2026 (Usd Million)
8.2.3 Care Plans
8.2.3.1 Care Plans Mainly Help Clinicians Diagnose Better Treatment Options For Patients
Table 29 Behavioral Health Software Market For Care Plans, By Region, 2017–2020 (Usd Million)
Table 30 Behavioral Health Software Market For Care Plans, By Region, 2021–2026 (Usd Million)
8.2.4 E-Prescribing
8.2.4.1 E-Prescribing Is A Cost-Effective Method Of Providing Valuable Information To Clinicians For Decision Making
Table 31 Behavioral Health Software Market For E- Prescribing, By Region, 2017–2020 (Usd Million)
Table 32 Behavioral Health Software Market For E- Prescribing, By Region, 2021–2026 (Usd Million)
8.2.5 Telehealth
8.2.5.1 Telehealth Provides Flexibility In Treatment Options Due To Remote Monitoring
Table 33 Behavioral Health Software Market For Telehealth, By Region, 2017–2020 (Usd Million)
Table 34 Behavioral Health Software Market For Telehealth, By Region, 2021–2026 (Usd Million)
8.3 Administrative Functionality
Table 35 Behavioral Health Software Market For Administrative Functionality, By Region, 2017–2020 (Usd Million)
Table 36 Behavioral Health Software Market For Administrative Functionality, By Region, 2021–2026 (Usd Million)
Table 37 Behavioral Health Software Market For Administrative Functionality, By Type, 2017–2020 (Usd Million)
Table 38 Behavioral Health Software Market For Administrative Functionality, By Type, 2021–2026 (Usd Million)
8.3.1 Patient/Client Scheduling
8.3.1.1 Patient/Client Scheduling Enables Physicians To Streamline Workflows And Efficiently Manage Patient Schedules
Table 39 Behavioral Health Software Market For Patient/Client Scheduling, By Region, 2017–2020 (Usd Million)
Table 40 Behavioral Health Software Market For Patient/Client Scheduling, By Region, 2021–2026 (Usd Million)
8.3.2 Document/Image Management
8.3.2.1 Document/Image Management Helps Clinicians With The Effective Management Of Patient Documents
Table 41 Behavioral Health Software Market For Document/Image Management, By Region, 2017–2020 (Usd Million)
Table 42 Behavioral Health Software Market For Document/Image Management, By Region, 2021–2026 (Usd Million)
8.3.3 Case Management
8.3.3.1 Case Management Maximizes Productivity And Efficiency Of Treatment Provided To A Patient
Table 43 Behavioral Health Software Market For Case Management, By Region, 2017–2020 (Usd Million)
Table 44 Behavioral Health Software Market For Case Management, By Region, 2021–2026 (Usd Million)
8.3.4 Business Intelligence (Bi)
8.3.4.1 Business Intelligence Helps Organizations Gain Key Insights For Better Decision Making
Table 45 Behavioral Health Software Market For Business Intelligence, By Region, 2017–2020 (Usd Million)
Table 46 Behavioral Health Software Market For Business Intelligence, By Region, 2021–2026 (Usd Million)
8.3.5 Workforce Management
8.3.5.1 Workforce Management Effectively Delivers Behavioral Health Services At Lower Costs And Provides Adjustments To Workforce Availability
Table 47 Behavioral Health Software Market For Workforce Management, By Region, 2017–2020 (Usd Million)
Table 48 Behavioral Health Software Market For Workforce Management, By Region, 2021–2026 (Usd Million)
8.4 Financial Functionality
Table 49 Behavioral Health Software Market For Financial Functionality, By Region, 2017–2020 (Usd Million)
Table 50 Behavioral Health Software Market For Financial Functionality, By Region, 2021–2026 (Usd Million)
Table 51 Behavioral Health Software Market For Financial Functionality, By Type, 2017–2020 (Usd Million)
Table 52 Behavioral Health Software Market For Financial Functionality, By Type, 2021–2026 (Usd Million)
8.4.1 Revenue Cycle Management
8.4.1.1 Revenue Cycle Management Helps Organizations Analyze Critical Revenue Cycle Performance Data And Decrease Operational Costs
Table 53 Behavioral Health Software Market For Revenue Cycle Management, By Region, 2017–2020 (Usd Million)
Table 54 Behavioral Health Software Market For Revenue Cycle Management, By Region, 2021–2026 (Usd Million)
8.4.2 Managed Care
8.4.2.1 Managed Care Helps Control Costs And Improves The Quality Of Healthcare Provided To Patients
Table 55 Behavioral Health Software Market For Managed Care, By Region, 2017–2020 (Usd Million)
Table 56 Behavioral Health Software Market For Managed Care, By Region, 2021–2026 (Usd Million)
8.4.3 Accounts Payable/General Ledger
8.4.3.1 Accounts Payable/General Ledger Functionality Helps Maintain Records Of All Financial Transactions
Table 57 Behavioral Health Software Market For Accounts Payable/General Ledger, By Region, 2017–2020 (Usd Million)
Table 58 Behavioral Health Software Market For Accounts Payable/General Ledger By Region, 2021–2026 (Usd Million)
8.4.4 Payroll
8.4.4.1 Payrolls Help Maintain Records Of Consultation Fees And Other Payments
Table 59 Behavioral Health Software Market For Payroll, By Region, 2017–2020 (Usd Million)
Table 60 Behavioral Health Software Market For Payroll, By Region, 2021–2026 (Usd Million)

9 Behavioral Health Software Market, By End User

Read More…………..

Get Discount on the Latest Report @ https://www.reportsnreports.com/contacts/discount.aspx?name=319986