Global Behavioral/Mental Health Software Market Projected to Grow at a Robust CAGR of 13.49% over the Forecast Period 2016-2024

New York, USA, 2018-Jul-30 — /EPR Network/ —With high incidences in the adoption of e-mental health services has led to being the major driving factor for the growth of global behavioural/mental health software market. According to Goldstein Research, global behavioural/mental health software market size is expected to reach USD 2.35 billion by 2024, growing at a compounded annual growth rate of 13.49% during the forecast period 2016-2024.

Global behavioural/mental health software market segmentation has been carried out on the basis of delivery mode, functionality, end user and geography. Based on delivery mode, subscription segment accounted for 74.25% behavioural/mental health software market share, owing to increasing acceptance of electronic health record systems.

Further, Global behavioural/mental health software industry is estimated to be dominated by North America with a market share of 47.2% in 2016. Whereas, Asia Pacific is anticipated to be the opportunistic market, growing at a CAGR of 13.98% during the forecast period.

Market Segmentation

On the basis of our in-depth analysis, Global Behavioral/Mental Health Software Market can be segmented as follows:

By Delivery Mode
  • Ownership
  • Subscription
By Functionality
  • Clinical
    • Electronic Health Records (EHRs)
    • Clinical Decision Support (CDS)
    • E-prescribing
    • Telehealth
    • Care plans/health management
  • Financial
    • Revenue cycle management
    • Managed care accounts
    • Payable/general ledger
  • Administrative
    • Business Intelligence
    • Document Management
    • Imaging
    • Patient/Client scheduling
    • Workforce Management
    • Case management
By End Users
  • Hospitals
  • Clinics
  • Health Plans
  • Residential
By Region
  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Behavioral/Mental Health Software Market Outlook 2024” contains the detailed overview of the global behavioural/mental health software market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by delivery mode, functionality and end user.

Further, for the in-depth analysis, Global Behavioral/Mental Health Software Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market analysis report also includes competitive outlook of some of the major players profiling of companies such as Epic Systems Corporation, McKesson Corporation, Cerner Corporation, MindLinc, Allscripts,The Echo Group, Netsmart Technologies Inc., Qualifacts Systems Inc., Practice Fusion, General Electric Company, eClinicalWorks, Core Solutions Inc., Welligent Inc., Valant Inc., Qualifacts, Credible Behavioral health software, Accumedic, Askesis Development Group Inc, Inc, BestNotes, Welligent Inc., NextGen Healthcare, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global behavioural/mental health software market trends along with the market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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