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+14% CAGR growth to be achieved by behavioral health software market by 2021 according to new research

Medical Market Research

This report studies the global Behavioral Health Software market, analyzes and researches the Behavioral Health Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Cerner Corporation, Epic Systems, Netsmart Technologies, NextGen Healthcare, Allscripts, CureMD, Mediware, Kareo, EMIS Health, Credible, Qualifacts, Core Solutions, THE ECHO GROUP, Careworks, Askesis Development, MindLinc, Welligent, Valant Medical, psHEALTH, iCareHealth, Accumedic, BestNotes

The report segments this market on the basis of component, delivery model, functionality and end user. Among various end users, the providers segment is expected to account for the largest share in 2014.

Providers extensively use this software for maintaining patient records and management of revenue cycles and cases, which is a major reason for its high share. The residential end user segment is expected to grow at the highest CAGR, due to the increasing use of behavioral health solutions by patients in their homes or offices for better self-care.

Key players in the behavioral health software market include Netsmart Technologies (U.S.), Qualifacts (U.S.), Cerner Corporation (U.S.), Epic Systems Corporation (U.S.), MindLinc (U.S.), Credible Behavioral Health Software (U.S.), Accumedic (U.S.), Askesis Development Group, Inc. (U.S.), BestNotes (U.S.), Valant Medical Solutions, Inc.

(U.S.), Welligent, Inc. (U.S.), and NextGen Healthcare (U.S.), amongst others.

Report :

The behavioral health software market is projected to grow at a CAGR of +14% the mental health software market by component is divided into software and support services. Support services account for the largest share in this market, primarily due to the recurring requirement for these services for software up-gradation and maintenance.

The software market is divided into integrated and standalone software. The adoption rate of integrated software is higher as they are user-friendly and integrated with different functionalities, thereby reducing overall cost.

North America dominates the behavioral health software market This research report covers the behavioral health software market by component, delivery model, functionality, end user, and geography.

The Report answer following question

  • What are the prevailing components of  
  • What are the different application areas of technologies?
  • What are the different factors driving the market forward in the forecast period?
  • What are the factors restraining the growth of global market?
  • Who are the major participants in the global market?
  • What kind of new strategies are being adopted by the existing market players to make a stronger mark in the industry?
  • Which region will lead the global market by the end of forecast period?

In particular, the report focuses on the competitive landscape of the Global Behavioral Health Software industry and dwells on the influential development policies and plans that will determine the market’s trajectory in the forecast period. An analysis of the major players operating in the Global Behavioral Health Software market is included in the report, segmenting and describing them on the parameters of manufacturing processes and business strategies, information related to product classification, and profit margins regarding the same.

The cost dynamics of the market are also examined in detail and, allied to the comprehensive breakdown of the market’s competitive landscape, provide a complete understanding of pricing dynamics in the industry for the readers to understand clearly.

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