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Report
Behavioral Mental Health Care Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 146 Pages I IMARC Group
Market Overview:
The global behavioral mental health care software market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2028, exhibiting a growth rate (CAGR) of 12.2% during 2023-2028.
Behavioral mental healthcare software (BMHS) refers to a sophisticated and advanced custom-built solution that enables psychiatrists to communicate and monitor patient behavior trends to gain insights and track their condition. It has the potential to gather laboratory, radiology, and pharmacy-related data observations for providing comprehensive reports that examine the requirements of an individual. BMHS software further helps acquire electronic health records (EHR), perform health management practices, make clinical decisions, e-prescribing, and perform various administrative tasks. Along with this, it offers clinical decision support, allows online appointment scheduling through telehealth platforms, and maintains confidentiality regarding patient information, especially in case of substantial drug abuse. As a result, BMHS is used by community clinics and hospitals to enhance service providers efficiency by reducing treatment costs, provide value-based medicine programs, and diagnose various mental illnesses. Currently, BMHS is available in the cloud- or software-based deployment models.
Behavioral Mental Health Care Software Market Trends:
The increasing prevalence of various psychological disorders, including anxiety, stress, paranoia, and depression, especially during the COVID-19 pandemic, and the rising focus of medical professionals on offering quality care have supplemented the demand for BMHS across the globe. Such technologies help behavioral health organizations in reducing treatment errors and paperwork, providing instant patient data access to ensure productivity, improving workflow, and mitigating healthcare costs, which is primarily driving the market growth. In line with this, favorable initiatives undertaken by governments to encourage the adoption of EHR and cognitive behavior therapies (CBT) to deal with mental disorders are acting as another growth-inducing factor. Additionally, the advent of automated BMHS to improve operational efficiencies by managing clinical, administrative, and financial tasks is propelling the market growth. Apart from this, considerable expansion in the healthcare infrastructure and ongoing research and development (R&D) activities to engineer advanced BMHS solutions are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global behavioral mental health care software market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on solution, function, disorder type, delivery model and end use.
Breakup by Solution:
Software
Integrated Software
Standalone Software
Services
Breakup by Function:
Clinical Functionality
Electronic Health Records
Clinical Decision Support
Care Plans/Health Management
Other Clinical Functionalities
Administrative Functionality
Patient/Client Scheduling
Case Management
Other Administrative Functionalities
Financial Functionality
Revenue Cycle Management
Accounts Payable/General Ledge
Other Financial Functionalities
Breakup by Disorder Type:
Anxiety
Post-Traumatic Stress Disorder (PSTD)
Substance Abuse
Schizophrenia
Bipolar Disorders
Others
Breakup by Delivery Model:
Subscription Model
Ownership Model
Breakup by End Use:
Providers
Hospitals and Clinics
Community Centers
Payers
Patients
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accumedic Computer Systems Inc., Advanced Data Systems, AdvancedMD Inc. (Global Payments Inc.), Compulink Healthcare Solutions, InSync Healthcare Solutions, Meditab Software Inc., Netsmart Technologies Inc., Psyquel, Qualifacts Systems LLC, Therapy Brands, TherapyNotes LLC, Valant Medical Solutions Inc. and Welligent Inc.
Key Questions Answered in This Report:
How has the global behavioral mental health care software market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global behavioral mental health care software market?
What are the key regional markets?
What is the breakup of the market based on the solution?
What is the breakup of the market based on the function?
What is the breakup of the market based on the disorder type?
What is the breakup of the market based on the delivery model?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global behavioral mental health care software market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Behavioral Mental Health Care Software Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Solution
6.1Software
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Integrated Software
6.1.2.2 Standalone Software
6.1.3 Market Forecast
6.2Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Function
7.1Clinical Functionality
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 Electronic Health Records
7.1.2.2 Clinical Decision Support
7.1.2.3 Care Plans/Health Management
7.1.2.4 Other Clinical Functionalities
7.1.3 Market Forecast
7.2Administrative Functionality
7.2.1 Market Trends
7.2.2 Key Segments
7.2.2.1 Patient/Client Scheduling
7.2.2.2 Case Management
7.2.2.3 Other Administrative Functionalities
7.2.3 Market Forecast
7.3Financial Functionality
7.3.1 Market Trends
7.3.2 Key Segments
7.3.2.1 Revenue Cycle Management
7.3.2.2 Accounts Payable/General Ledge
7.3.2.3 Other Financial Functionalities
7.3.3 Market Forecast
8 Market Breakup by Disorder Type
8.1Anxiety
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Post-Traumatic Stress Disorder (PSTD)
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Substance Abuse
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Schizophrenia
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Bipolar Disorders
8.5.1 Market Trends
8.5.2 Market Forecast
8.6Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Delivery Model
9.1Subscription Model
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Ownership Model
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by End Use
10.1Providers
10.1.1 Market Trends
10.1.2 Key Segments
10.1.2.1 Hospitals and Clinics
10.1.2.2 Community Centers
10.1.3 Market Forecast
10.2Payers
10.2.1 Market Trends
10.2.2 Market Forecast
10.3Patients
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1Overview
12.2Strengths
12.3Weaknesses
12.4Opportunities
12.5Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1Overview
14.2Bargaining Power of Buyers
14.3Bargaining Power of Suppliers
14.4Degree of Competition
14.5Threat of New Entrants
14.6Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1Market Structure
16.2Key Players
16.3Profiles of Key Players
16.3.1Accumedic Computer Systems Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2Advanced Data Systems
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3AdvancedMD Inc. (Global Payments Inc.)
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4Compulink Healthcare Solutions
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5InSync Healthcare Solutions
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6Meditab Software Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7Netsmart Technologies Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 SWOT Analysis
16.3.8Psyquel
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9Qualifacts Systems LLC
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10Therapy Brands
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11TherapyNotes LLC
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12Valant Medical Solutions Inc.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13Welligent Inc.
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
Figure 1: Global: Behavioral Mental Health Care Software Market: Major Drivers and Challenges
Figure 2: Global: Behavioral Mental Health Care Software Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Behavioral Mental Health Care Software Market: Breakup by Solution (in %), 2022
Figure 5: Global: Behavioral Mental Health Care Software Market: Breakup by Function (in %), 2022
Figure 6: Global: Behavioral Mental Health Care Software Market: Breakup by Disorder Type (in %), 2022
Figure 7: Global: Behavioral Mental Health Care Software Market: Breakup by Delivery Model (in %), 2022
Figure 8: Global: Behavioral Mental Health Care Software Market: Breakup by End Use (in %), 2022
Figure 9: Global: Behavioral Mental Health Care Software Market: Breakup by Region (in %), 2022
Figure 10: Global: Behavioral Mental Health Care Software (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Behavioral Mental Health Care Software (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Behavioral Mental Health Care Software (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Behavioral Mental Health Care Software (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Behavioral Mental Health Care Software (Clinical Functionality) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Behavioral Mental Health Care Software (Clinical Functionality) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Behavioral Mental Health Care Software (Administrative Functionality) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Behavioral Mental Health Care Software (Administrative Functionality) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Behavioral Mental Health Care Software (Financial Functionality) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Behavioral Mental Health Care Software (Financial Functionality) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Behavioral Mental Health Care Software (Anxiety) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Behavioral Mental Health Care Software (Anxiety) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Behavioral Mental Health Care Software (Post-Traumatic Stress Disorder (PSTD)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Behavioral Mental Health Care Software (Post-Traumatic Stress Disorder (PSTD)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Behavioral Mental Health Care Software (Substance Abuse) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Behavioral Mental Health Care Software (Substance Abuse) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Behavioral Mental Health Care Software (Schizophrenia) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Behavioral Mental Health Care Software (Schizophrenia) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Behavioral Mental Health Care Software (Bipolar Disorders) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Behavioral Mental Health Care Software (Bipolar Disorders) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Behavioral Mental Health Care Software (Other Disorder Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Behavioral Mental Health Care Software (Other Disorder Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Behavioral Mental Health Care Software (Subscription Model) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Behavioral Mental Health Care Software (Subscription Model) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Behavioral Mental Health Care Software (Ownership Model) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Behavioral Mental Health Care Software (Ownership Model) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Behavioral Mental Health Care Software (Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Behavioral Mental Health Care Software (Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Behavioral Mental Health Care Software (Payers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Behavioral Mental Health Care Software (Payers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Behavioral Mental Health Care Software (Patients) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Behavioral Mental Health Care Software (Patients) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: North America: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: North America: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: United States: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: United States: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Canada: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Canada: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Asia-Pacific: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Asia-Pacific: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: China: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: China: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Japan: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Japan: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: India: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: India: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: South Korea: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: South Korea: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Australia: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Australia: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Indonesia: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Indonesia: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Europe: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Europe: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Germany: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Germany: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: France: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: France: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: United Kingdom: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: United Kingdom: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Italy: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Italy: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Spain: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Spain: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Russia: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Russia: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Latin America: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Latin America: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Brazil: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Brazil: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Mexico: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Mexico: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Others: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Others: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Middle East and Africa: Behavioral Mental Health Care Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Middle East and Africa: Behavioral Mental Health Care Software Market: Breakup by Country (in %), 2022
Figure 90: Middle East and Africa: Behavioral Mental Health Care Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Global: Behavioral Mental Health Care Software Industry: SWOT Analysis
Figure 92: Global: Behavioral Mental Health Care Software Industry: Value Chain Analysis
Figure 93: Global: Behavioral Mental Health Care Software Industry: Porter's Five Forces Analysis
Table 1: Global: Behavioral Mental Health Care Software Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Behavioral Mental Health Care Software Market Forecast: Breakup by Solution (in Million US$), 2023-2028
Table 3: Global: Behavioral Mental Health Care Software Market Forecast: Breakup by Function (in Million US$), 2023-2028
Table 4: Global: Behavioral Mental Health Care Software Market Forecast: Breakup by Disorder Type (in Million US$), 2023-2028
Table 5: Global: Behavioral Mental Health Care Software Market Forecast: Breakup by Delivery Model (in Million US$), 2023-2028
Table 6: Global: Behavioral Mental Health Care Software Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 7: Global: Behavioral Mental Health Care Software Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Behavioral Mental Health Care Software Market: Competitive Structure
Table 9: Global: Behavioral Mental Health Care Software Market: Key Players
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