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Behavioral & Mental Health Software Market worth 2.31 Billion USD by 2022

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.

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Behavioral & Mental Health Software Market worth 2.31 Billion USD by 2022

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  1. MarketsandMarkets Presents Behavioral/Mental Health Software Market - Global Forecasts to 2022 https://www.marketsandmarkets.com/Market-Reports/behavioral-health-software-market-45953340.html

  2. • The behavioral health software market is expected to reach USD 2.31 Billion by 2022 from USD 1.15 Billion in 2017, at a CAGR of 14.8%. 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. • 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. https://www.marketsandmarkets.com/Market-Reports/behavioral-health-software-market-45953340.html

  3. https://www.marketsandmarkets.com/Market-Reports/behavioral-health-https://www.marketsandmarkets.com/Market-Reports/behavioral-health- software-market-45953340.html Early buyers will receive 10% customization on reports. While the behavioral health software market presents significant growth opportunities, market growth may be limited to a certain extent due to the data privacy concerns and shortage of IT-knowledgeable personnel. The market is highly competitive with several big and small players. 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). https://www.marketsandmarkets.com/Market-Reports/behavioral-health-software-market-45953340.html

  4. • Based on delivery model, the behavioral health software market is segmented into ownership models and subscription models. The subscription models segment is expected to account for the largest share of the market in 2017. The growth of this segment can be attributed to its advantages such as cost-effectiveness, interoperability, and flexibility. • Based on functionality, the behavioral health software market is segmented into clinical, financial, and administrative functionalities. The clinical functionality segment is expected to account for the largest share of the market in 2017 and is expected to register the highest CAGR during the forecast period. 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. 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 market for the patients segment. https://www.marketsandmarkets.com/Market-Reports/behavioral-health-software-market-45953340.html

  5. Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.com MarketsandMarkets Blog http://www.linkedin.com/company/marketsandmarkets http://twitter.com/marketsmarkets https://www.marketsandmarkets.com/Market-Reports/behavioral-health-software-market-45953340.html

  6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, electronics, and telecommunications and IT. banking and financial services, pharmaceuticals, semiconductor and We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. https://www.marketsandmarkets.com/Market-Reports/behavioral-health-software-market-45953340.html

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