Behavioral & Mental Healthcare Software Market Size study, by Component (Supported Services, Software), by End-User (Provider, Payer), by Delivery Model (Subscription Model, Ownership Model) and Regional Forecasts 2018-2025

  • Product Code:
    RP-ID-10013437
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    200
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Behavioral & Mental Healthcare Software Market to reach USD 4.44 billion by 2025.

Behavioral & Mental Healthcare Software Market valued approximately USD 1.43 billion in 2017 is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2018-2025. The major factors which driving Behavioral & mental healthcare software are government initiatives to encourage EHR adoption in behavioral & mental health organization, high demand for mental services and increasing significance on subscription model. Based on functionality, clinical functionality segment is dominating with the largest market share and the growth of this segment is due to rising government support towards need for this software to give quality care for patients at low costs by clinicians. One of the major restraint of Behavioral & Mental Healthcare Software is data privacy and concerns and shortage of IT knowledgeable personnel which negatively impact in the market. Government funding for expanding behavioral health services is the opportunity for the behavioral & mental healthcare software. The recurring requirement of support services such as for software upgrades and maintenance is the major factor for supporting its growth. Behavioral & Mental 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. Experienced behavioral health professionals provide utilization management in specialty programs and are more effective in reducing costs while improving member outcomes as compared to traditional approach, managed care organizations have not shown the capacity or the interest in delivering specialized services for those with serious mental illness, unless there was significant money to be made by reducing benefits.
The regional analysis of Behavioral & Mental Healthcare Software Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. The market in Europe is anticipated to expand at a high CAGR during the forecast period 2018-2025, owing to, government initiatives for increasing awareness about behavioral health, rise in incident of behavioral disorders and increase in access to behavioral health care. Quite growth in Asia-Pacific, Latin America and Middle East & Africa can be attributed due to lack of awareness among the people about behavioral health, social stigma associated with behavioral or mental health and lack of awareness among clinicians about behavioral health software.



The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By component:

 Supported Services
 Software

By End-User:
 Provider
 Payer

By Delivery Model:

 Subscription Model
 Ownership Model

By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2015, 2016
Base year - 2017
Forecast period - 2018 to 2025

The industry is seeming to be fairly competitive. Some of the leading market players include Cerner Corporation, Core Solution Inc., EMIS Health, Epic, Meditab, Holmusk, Netsmart Technologies, Welligent Inc. and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Behavioral & Mental Healthcare Software Market in Market Study:

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Cerner Corporation
Core Solution Inc.
EMIS Health
Epic
Meditab
Holmusk
Netsmart Technologies
Welligent Inc.
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