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Behavioral Health Software Market Registered at 14.8% CAGR to 2022 - Growth Trends and Future Prospects

11-29-2018 11:43 AM CET | IT, New Media & Software

Press release from: ReportsnReports

The report provides an overview of the behavioral health software market. It aims at estimating the market size and future growth potential of this market across different segments such as component, delivery model, functionality, end user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

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The Behavioral health software market is expected to reach USD 2.31 Billion by 2022 from USD 1.02 Billion in 2016, growing at a CAGR of 14.8% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. “Subscription models are expected to register the highest CAGR during the forecast period”.

The Mental health software market is segmented into providers, payers, and patients. The patients segment is expected to register the highest CAGR during the forecast period. The large number of patients using behavioral health solutions in their homes or offices for better self-care is the key factor driving the growth of the Mental health software market for the patients segment.

Key Audience Covered in Report are Mental health software vendors/service providers, Healthcare IT service providers, Research and consulting firms, Healthcare insurance companies/payers, Healthcare institutions/providers (hospitals, medical groups, physician practices, community clinics, psychiatrists, and outpatient clinics), Venture capitalists, Government agencies, Health information exchanges, and Accountable care organizations (ACOs).

Download Free Behavioral and Mental Health Software Market spread across 222 Pages, Profiling 15 Companies and Supported with 255 Tables and 37 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=319986 .

The study estimates the behavioral health software market size for 2017 and projects its demand till 2022. In the primary research process, various sources from both demand side and supply side were interviewed to obtain qualitative and quantitative information for the report. Primary sources from the demand side include various industry CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from the various players in the market.

Report segments behavioral health software market into component, delivery model, functionality, end user, and region. Based on component, market is segmented into software and support services. Support services segment is expected to account for largest share of market in 2017. Recurring requirement of support services (such as for software upgrades and maintenance) is major factor supporting its growth.

More Details on Behavioral/Mental Health Software Market by Component (Service, Software), Delivery (Subscription, Ownership), Functionality (Clinical, Administrative, Financial), End User (Clinic, Hospital, Private Practice, Payer), and Region - Global Forecast to 2022 Now at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=319986 .

Prominent players in the market include Advanced Data Systems (US), AdvancedMD (US), Cerner (US), Compulink (US), Core Solutions (US), Credible Behavioral Health (US), ICANotes (US), InSync Healthcare Solutions (US), iSalus Healthcare (US), Kareo (US), Meditab Software (US), Mentegram (US), Mindlinc (US), Netsmart (US), Nextgen Healthcare (US), and NextStep Solutions (US).

North America is expected to account for the largest share of the market followed by Europe. However, Europe is expected to register the highest CAGR during the forecast period. The high growth in this regional segment is attributed to growing incidence of mental disorders, government initiatives for increasing awareness about mental disorders, and the improving accessibility of behavioral healthcare.

Contact:
sales@reportsandreports.com / Call +1 888 391 5441

ReportsnReports provides you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness.

Mr. Hrishikesh
Tower B5, Office 101,
Magarpatta City SEZ,
Pune-411013, India

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