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Behavioral Health Software Market 2022 In The World - Market Size, Development,

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. Factors such as 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 are driving the growth of this market. On the other hand, data privacy concerns and a shortage of HCIT personnel are expected

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Behavioral Health Software Market 2022 In The World - Market Size, Development,

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  1. MarketsandMarkets Presents Behavioural/Mental Health Software Market worth $4.9 billion by 2026 https://www.marketsandmarkets.com/Market-Reports/behavioral-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.com/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 company’s 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 Netsmart’s CareFabric platform to deliver interoperable data sharing between long-term care facilities and providers. The company‘s client base includes more than 560,000 users and 25,000 organizations across 50 state systems.

  7. Contact Us Contact:Mr. Aashish MehraMarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 sales@marketsandmarkets.com Press release: https://www.marketsandmarkets.com/PressReleases/behavioral-health-software.asp Research insights: https://www.marketsandmarkets.com/ResearchInsight/behavioral-health-software-market.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. MarketsandMarkets’s 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.

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