Behavioral Health Software Industry Will Reach $9,346 Million By 2030 | CAGR 16.10%

In 2022, the global behavioral health software market was worth around USD 2,831 million, and it is projected to advance at a 16.10% CAGR from 2022 to 2030, hitting USD 9,346 million by 2030, according to P&S Intelligence.

Browse full report at: https://www.psmarketresearch.com/market-analysis/behavioral-health-software-market

This growth can be ascribed to the rising requirement for mental health software, the obtainability of government backing, and initiatives to boost the acceptance of EHRs in psychiatric hospitals. The nonstop requirement for solutions to advance mental health is the vital element fuelling the industry's expansion.

The services offered under the behavioral health umbrella comprise those for alcohol and drug misuse, mental health, anxiety, schizophrenia, post-traumatic stress disorder, and eating disorders. Over the years, mental syndromes have witnessed a stable growth in occurrence, thus leading to a hike in the demand for effective counseling and treatment.

In 2022, the software category held the larger market share, approximately 55%, and is also projected to be in the leading spot till 2030. This can be credited to the growing acceptance of technologically progressive solutions to manage the clinical, administrative, and financial features of psychiatric practices.

Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/behavioral-health-software-market/report-sample

In 2022, North America held the largest revenue share in the behavioral health software market, at approximately 42%, and is also projected to maintain its dominance in the future as well. The U.S.'s huge share of the industry in the continent is credited to the increase in the count of individuals needing such services for liberty from mental disorders.

Hence, the nonstop requirement for solutions to advance mental health is the vital element fuelling the industry's expansion.

Browse more reports:

Mental Health Software Market - https://www.psmarketresearch.com/market-analysis/mental-health-software-market

Healthcare IT Integration Market - https://www.psmarketresearch.com/market-analysis/healthcare-it-integration-market

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://healthcarefuturetrends.blogspot.com

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

This release was published on openPR.