Behavioral Health Software Market 2022 Trend and Forecast 2026

1
MarketsandMarkets Presents
Behavioural/Mental Health Software Market worth
4.9 billion by 2026
https//www.marketsandmarkets.com/Market-Reports/b
ehavioral-health-software-market-45953340.html
2
The report "Behavioural/Mental Health Software
Market by Component (Services, Software),
Delivery (Subscription, Ownership), Functionality
(Clinical, EHR, CDS, Telehealth, RCM, BI,
Administrative, Financial), End User (Hospitals,
Clinics) - Global Forecasts to 2026", The global
behavioral health software market is expected to
reach USD 4.9 billion by 2026 from USD 2.0
billion in 2021, at a CAGR of 19.6 during the
forecast period. The major factors driving the
growth of behavioral health software market are
the increasing adoption of behavioral 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. On the other hand, data privacy
concerns and a shortage of HCIT personnel are
expected to restrain the growth of this
market. Download a PDF Brochure
https//www.marketsandmarkets.com/pdfdownload
3

• Objectives of the Study
• To define, describe, segment, and forecast the
  behavioral health software market by component,
  delivery model, functionality, end user, and
  region
• To provide detailed information about the major
  factors influencing the market growth (key
  drivers, restraints, opportunities, and
  industry-specific challenges)
• To strategically analyze micromarkets1 with
  respect to individual growth trends, prospects,
  and their contributions to the overall behavioral
  health software market
• To analyze market opportunities for stakeholders
  and provide details of the competitive landscape
  for key players
• To forecast the market value of various segments
  and subsegments with respect to North America,
  Europe, Asia, and the Rest of the world
• To profile the key players active in the
  behavioral health software market and
  comprehensively analyze their global revenue
  shares and core competencies2
• To track and analyze competitive market-specific
  developments such as product launches
  collaborations and partnerships and mergers
  acquisitions in the behavioral health software
  market
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalyst

4
This report categorizes the behavioral health
software market into the following segments and
subsegments

• By Component
• Support Services
• Software
• Integrated Software
• Standalone Software
• By Delivery Model
• Subscription Models
• Ownership Models
• By Functionality
• Clinical Functionality
• Administrative Functionality
• Financial Functionality
• By End User
• Community Clinics
• Hospitals
• Private Practices

5

Major players operating in the behavioral health
software market include Advanced Data Systems
(US), AdvancedMD (US), Cerner (US), Compulink
(US), Core Solutions (US), Credible Behavioral
Health (US), Kareo (US), Meditab Software (US),
Mindlinc (US), Netsmart (US), Nextgen Healthcare
(US, Qualifacts (US), The Echo Group (US), Valant
(US), Welligent (US), Cure MD(US), Epic systems
corporations (US), Accumedic (US), Mediware(US),
Allscripts (US)
6
Company Insights
CERNER (US) Cerner is the leading player in the
behavioral health software market. The companys
expertise, experience, and comprehensive
capabilities in various business functions have
enabled it to maintain its leading position in
this market. The company has a major presence in
the US, and approximately 88 of its revenues
came from the US in 2020. Its solutions are
licensed by 27,000 facilities worldwide. Cerner
has a strong sales and marketing network, with
sales offices in 35 countries across the globe.
The company focuses on achieving sustainable
growth by adopting inorganic growth strategies
such as mergers and acquisitions. NETSMART(US)
Netsmart is the second-leading player in the
behavioral health software market. The leading
position of the company in this market is
attributed to its strong relationship with its
customers. The company has a keen focus on
building and maintaining strong client
relationships to enhance its growth.
Additionally, Netsmart focuses on inorganic
growth strategies such as acquisitions,
partnerships, and collaborations to enhance its
presence in this market. In February 2020,
Netsmart acquired GPM, a North Carolina-based
Software-as-a-Service technology and services
company. This will help Netsmarts CareFabric
platform to deliver interoperable data sharing
between long-term care facilities and providers.
The companys client base includes more than
560,000 users and 25,000 organizations across 50
state systems.
7
Contact Us
ContactMr. Aashish MehraMarketsandMarkets
INC. 630 Dundee Road, Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarkets.
com Press release https//www.marketsandmarkets.
com/PressReleases/behavioral-health-software.asp
Research insights https//www.marketsandmarkets.c
om/ResearchInsight/behavioral-health-software-mark
et.asp
8
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 5000 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "RT" connects over 200,000 markets and
entire value chains for deeper understanding of
the unmet insights along with market sizing and
forecasts of niche markets.