Summary - A new market study, titled “Global Behavioral/Mental Health Care Software Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023 ” has been featured on WiseGuyReports.
Behavioral health, more commonly referred to as mental health, can be defined as the scientific study of a person’s biology relating to mental well-being, emotions, concept of self, behavior, and ability to function in day to day life. All kinds of addictions anxiety, depression, and substance abuse fall under the realm of behavioral health. Behavioral health software can be defined as custom-built specialized software that is used by psychologists to understand behavioral patterns in patients and suggest treatment to deal with various behavioral issues such as anxiety, stress, addiction, and depression. It has the ability to retrieve laboratory, pharmacy, and radiology data observations on the patients being treated. Additionally, the software offers a detailed report addressing the individual patient’s needs.
This report studies the Behavioral/Mental Health Care Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Behavioral/Mental Health Care Software market by product type and applications/end industries.
North America dominated the overall market in terms of revenue in 2017. Europe is the second largest market closely followed by Asia Pacific. Asia Pacific is estimated to register the fastest growth over the coming years. Rising geriatric population in Japan and China is anticipated to help the regional market gain tremendous momentum over the forecast period.
The global Behavioral/Mental Health Care Software market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Behavioral/Mental Health Care Software.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Cerner Corporation
InSync Healthcare Solutions
Valant, Inc.
Core Solutions, Inc.
NextStep Solutions
Qualifacts
Netsmart Technologies
Advanced Data Systems Corporation
Mediware Information Systems
Welligent, Inc.
Accumedic
Compulink
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Software
Support & Maintenance Services
Market Segment by Applications, can be divided into
Hospitals & Clinics
Community Centers
Home Use
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Increasing adoption of behavior 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 are the major factors driving the growth of this market.What the Behavioral Health Software Market Looks Like?Predicted to grow at a CAGR of 14.8 % during the forecast period, the global behavioral health software market is estimated to reach USD 2.31 billion by 2022.
In 2017, North America is expected to dominate the mental health software market, followed by Europe.What are the Behavioral Health Software Market Segments?This report segments the behavioral health software market into component, delivery model, functionality, end user, and region.
Based on component, the market is segmented into software and support services.
The support services segment is expected to account for the largest share of the market in 2017.
The recurring requirement of support services (such as for software upgrades and maintenance) is the major factor supporting its growth.Based on delivery model, the mental health software market is segmented into ownership models and subscription models.
High growth in the clinical functionality segment is attributed to the increasing government initiatives to boost adoption of this software by clinicians to provide quality care to their patients at lower costs.Based on the end user, the behavioral health software market is segmented into providers, payers, and patients.
