Garner Insights

Behavioral Health Software Market Research: New Technology, Latest Trends, Investment Opportunities and Forecasts by 2025

Behavioral health software is designed to manage a behavioral health, addiction treatment practice; which is similar to medical practice management software. It is providing benefit regarding operational, administrative and clinical tasks associated with practice.

 

Pune, India -- (SBWIRE) -- 04/25/2019 -- According to a new report published by Reports Monitor titled, "Global behavioral health software, Growth Opportunities, Innovations and Forecast, 2018-2025," the behavioral health software Market is growing rapidly from 2018 to 2025.

Further, it provide benefit such as software provides the capacity to have a customized report to address patient individual needs. Additionally, a mental health software provide ERP solutions i.e. Enterprise Resource Planning that helps health-care professionals to run mental practices and which are effective for administration management, patient records, workflow, care delivery, billing and coding.

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Additionally, based on functionality the global behavioral health software market is mainly segmented into three types i.e. clinical functionality, administrative functionality, financial functionality. Clinical functionality is bifurcated into Electronic Health Records (EHR), Clinical Decision Support (CDS), care plans or health management and e-prescribing. Administrative functionality is classified into patient or client scheduling, document or image management, case management, Business Intelligence (BI), workforce management. Financial functionality is divided into revenue cycle management, managed care, account payable or general leader and payroll.

This report provides a detailed analysis of behavioral health software, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.

The global behavioral health software market is majorly segmented on the basis of component, delivery model, functionality and end-user. Based on component the global behavioral health software market is bifurcated into support services, software, integrated software and standalone software while based on delivery model it is divided into subscription models and ownership models. Further, based on end-user it is classified into community clinics, private practices, payers, providers, patients, hospitals.

The global behavioral health software market is majorly studied across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). North America is expected to influence the worldwide behavioral health software market followed by Europe. The significant share of this geographical segment is attributed to factors such as behavioral health reforms in the US, growing number of people requiring behavioral health services and government funding for behavioral health services in the region.

The major key players operating in the market are: Data systems, AdvancedMD, Cerner, Compulink, Core solutions, Credible behavioral health, ICANotes, InSync healthcare solutions, iSalus healthcare, Kareo, Meditab software, Mentegram, Mindlinc, Netsmart, Nextgen healthcare, NextStep solutions.

In-depth table of contents for this report @ https://goo.gl/pCQDhU

Research Scope
The study for Global Behavioral Health Software Market will provide market size, estimates and forecast based on the following years:

Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.

Our analyst implement several qualitative tools such as Ansoff's Matrix, PESTEL analysis, Porter's five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

1.Introduction
1.1 Market Definition
1.2. Market Scope

2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions

3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Behavioral Health Software- Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter's Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview – Behavioral Health Software, Product Landscape

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