Global Behavioral/Mental Health Software Market
Global Behavioral/Mental Health Software Market is expected to reach USD 3.02 Billion by 2024 from USD 1 Billion in 2016 at CAGR of 14.82% (Detailed analysis of the market CAGR is provided in the report). Global Behavioral-Mental Health Software Market Global Behavioral/Mental Health Software Market is segmented by component, functionality, delivery model, end user, and geography. The delivery model segment is classified assubscription model and ownership model. Subscription model segment is spearheading the market. Its advantages such as cost-effectiveness, interoperability, and flexibility over others, attributed to the growth of subscription model segment. Functionality segment is classified as clinical functionality, financial functionality, and administrative functionality. Clinical functionality segment is expected to register the highest growth in the forecast period. Factors like increasing government initiatives to boost adoption of this software by clinicians to provide quality care to their patients at lower costs are driving the clinical functionality segment growth. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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