Behavioral Health Software Market to grow by USD 2,071.61 million from 2022 to 2027|Increasing adoption of EHRs is a major market driver – Technavio

NEW YORK, July 6, 2023 /PRNewswire/ — The behavioral health software market is set to grow by USD 2,071.61 million from 2022 to 2027. The market is estimated to be progressing at a CAGR of 13.5% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of EHRs. EHRs and EMRs are widely used devices to store patient information as electronic documents. These are mainly used by physicians and doctors to access patient information such as medical histories, diagnoses, medications, treatment plans, immunization dates, allergies, radiology /images, as well as test results. Additionally, it helps to minimize the number of medical errors and enhance the accuracy of patient records. Hence, such benefits are expected to drive the market growth during the forecast period. –Here is an Exclusive report about Market scenarios with a historical period (2017-2021) and a forecast period (2023-2027). Download Sample Report in minutes!

The behavioral health software market covers the following areas:

Behavioral Health Software Market Sizing
Behavioral Health Software Market Forecast
Behavioral Health Software Market Analysis

The report on the behavioral health software market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Behavioral Health Software Market 2023-2027 – Market Dynamics

Significant trends influencing the market growth

The introduction of virtual behavioral/mental health services is the primary trend shaping the market. There is a growing trend of tele mental health services in the market, which use telecommunications or videoconferencing technology for the remote delivery of healthcare assessment and care. These services use various channels to deliver the services, such as email, online chats, or videoconferencing. Hence, tele-mental health care services mainly cater to those consumer segments who cannot leave their homes due to issues such as illness, emergencies, or mobility problems. Hence, such factors are expected to drive the market growth.

Major challenges hindering the market growth

The growing concerns regarding the security of patient data and cyberattacks is the major challenge hindering market growth. Due to the advancement of new technologies in the healthcare sector, there is an increasing chance of cyberattacks and data leaks. In several technological-driven healthcare industries, patient data are prone to cyber-attacks due to the interconnected nature of the systems. Hence, this availability of a huge volume of data becomes a target for many hackers. Hence, such factors are expected to impede the market growth during the forecast period.

Behavioral Health Software Market 2023-2027: Market Segmentation

This market research report extensively covers market segmentation by component (software and support services), end-user (providers, payers, and patients), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 

• The market share growth by the software segment will be significant for market growth during the forecast period. Factors such as rising mental illnesses such as depression, stress, anxiety, substance abuse, and addiction are expected to significantly contribute to the growth of this segment. The main advantage of this segment is that it allows customized design and flexible treatment plans for a person suffering from mental illnesses depending on clinical evidence and related patient records like EMRs. Additionally, the rising adoption of telehealth and growing smartphone penetration is expected to drive the segment growth during the forecast period.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

Companies Mentioned

• Accumedic Computer Systems Inc.
• Advanced Data Systems Corp.
• Allscripts Healthcare Solutions Inc.
• Core Solutions Inc. 
• Credible Behavioral Health Inc.
• Epic Systems Corp.
• EverCommerce Inc.
• Global Payments Inc.
• Holmusk USA Inc.
• Kareo Inc.
• Meditab Software Inc.
• Netsmart Technologies Inc.
• Ontrak Inc.
• Oracle Corp.
• Raintree Systems Inc.
• The Echo Group
• Valant
• VSS Medical Technologies Inc.
• WellSky Corp.
• WRS Health

What’s New?

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – buy the report!

Vendor Offerings

• Accumedic Computer Systems Inc: The company offers behavioral health software such as AccuMed Behavioral Health EHR.
• Advanced-Data Systems Corp: The company offers behavioral health software such as EHR and practice management software for behavioral health.
• Allscripts Healthcare Solutions Inc: The company offers behavioral health software such as TouchWorks and Flowcast solutions.

Related Reports:
The mental health apps market size is estimated to grow by USD 946.8 million between 2022 and 2027 accelerating at a CAGR of 20.85% during the forecast period. This mental health apps market report extensively covers market segmentation by platform (iOS and Android), type (monthly subscription and yearly subscription), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The growing prevalence of mental health disorders is the key factor driving the growth of the global mental health application market.

The women health app market size is expected to increase by USD 2.9 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 20.1%. Furthermore, this report extensively covers the women’s health app market segmentation by type (menstrual health, fitness and nutrition, pregnancy tracking, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). Increasing awareness about the benefits of a healthy lifestyle is a key factor driving the global women health app market growth. 

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global behavioral health software market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global behavioral health software market 2017 – 2021 ($ million)

• 4.2 Component Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Component Segment 2017 – 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Component

• 6.1 Market segments 
• Exhibit 30: Chart on Component – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Component – Market share 2022-2027 (%)

• 6.2 Comparison by Component 
• Exhibit 32: Chart on Comparison by Component
• Exhibit 33: Data Table on Comparison by Component

• 6.3 Software – Market size and forecast 2022-2027
• Exhibit 34: Chart on Software – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Software – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Software – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Software – Year-over-year growth 2022-2027 (%)

• 6.4 Support services – Market size and forecast 2022-2027
• Exhibit 38: Chart on Support services – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Support services – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Support services – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Support services – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Component 
• Exhibit 42: Market opportunity by Component ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 43: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 44: Data Table on End-user – Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 45: Chart on Comparison by End-user
• Exhibit 46: Data Table on Comparison by End-user

• 7.3 Providers – Market size and forecast 2022-2027
• Exhibit 47: Chart on Providers – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Providers – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Providers – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Providers – Year-over-year growth 2022-2027 (%)

• 7.4 Payers – Market size and forecast 2022-2027
• Exhibit 51: Chart on Payers – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Payers – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Payers – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Payers – Year-over-year growth 2022-2027 (%)

• 7.5 Patients – Market size and forecast 2022-2027
• Exhibit 55: Chart on Patients – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Patients – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Patients – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Patients – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 59: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 65: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027
• Exhibit 89: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 China – Market size and forecast 2022-2027
• Exhibit 97: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.12 Japan – Market size and forecast 2022-2027
• Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Accumedic Computer Systems Inc. 
• Exhibit 112: Accumedic Computer Systems Inc. – Overview
• Exhibit 113: Accumedic Computer Systems Inc. – Product / Service
• Exhibit 114: Accumedic Computer Systems Inc. – Key offerings

• 12.4 Advanced Data Systems Corp. 
• Exhibit 115: Advanced Data Systems Corp. – Overview
• Exhibit 116: Advanced Data Systems Corp. – Product / Service
• Exhibit 117: Advanced Data Systems Corp. – Key offerings

• 12.5 Allscripts Healthcare Solutions Inc.
• Exhibit 118: Allscripts Healthcare Solutions Inc. – Overview
• Exhibit 119: Allscripts Healthcare Solutions Inc. – Business segments
• Exhibit 120: Allscripts Healthcare Solutions Inc. – Key news
• Exhibit 121: Allscripts Healthcare Solutions Inc. – Key offerings
• Exhibit 122: Allscripts Healthcare Solutions Inc. – Segment focus

• 12.6 Core Solutions Inc. 
• Exhibit 123: Core Solutions Inc. – Overview
• Exhibit 124: Core Solutions Inc. – Product / Service
• Exhibit 125: Core Solutions Inc. – Key offerings

• 12.7 Credible Behavioral Health Inc. 
• Exhibit 126: Credible Behavioral Health Inc. – Overview
• Exhibit 127: Credible Behavioral Health Inc. – Product / Service
• Exhibit 128: Credible Behavioral Health Inc. – Key offerings

• 12.8 Epic Systems Corp. 
• Exhibit 129: Epic Systems Corp. – Overview
• Exhibit 130: Epic Systems Corp. – Product / Service
• Exhibit 131: Epic Systems Corp. – Key offerings

• 12.9 EverCommerce Inc. 
• Exhibit 132: EverCommerce Inc. – Overview
• Exhibit 133: EverCommerce Inc. – Product / Service
• Exhibit 134: EverCommerce Inc. – Key offerings

• 12.10 Global Payments Inc. 
• Exhibit 135: Global Payments Inc. – Overview
• Exhibit 136: Global Payments Inc. – Business segments
• Exhibit 137: Global Payments Inc. – Key offerings
• Exhibit 138: Global Payments Inc. – Segment focus

• 12.11 Holmusk USA Inc. 
• Exhibit 139: Holmusk USA Inc. – Overview
• Exhibit 140: Holmusk USA Inc. – Product / Service
• Exhibit 141: Holmusk USA Inc. – Key offerings

• 12.12 Meditab Software Inc. 
• Exhibit 142: Meditab Software Inc. – Overview
• Exhibit 143: Meditab Software Inc. – Product / Service
• Exhibit 144: Meditab Software Inc. – Key offerings

• 12.13 Netsmart Technologies Inc. 
• Exhibit 145: Netsmart Technologies Inc. – Overview
• Exhibit 146: Netsmart Technologies Inc. – Product / Service
• Exhibit 147: Netsmart Technologies Inc. – Key offerings

• 12.14 Oracle Corp. 
• Exhibit 148: Oracle Corp. – Overview
• Exhibit 149: Oracle Corp. – Business segments
• Exhibit 150: Oracle Corp. – Key news
• Exhibit 151: Oracle Corp. – Key offerings
• Exhibit 152: Oracle Corp. – Segment focus

• 12.15 The Echo Group 
• Exhibit 153: The Echo Group – Overview
• Exhibit 154: The Echo Group – Product / Service
• Exhibit 155: The Echo Group – Key offerings

• 12.16 Valant 
• Exhibit 156: Valant – Overview
• Exhibit 157: Valant – Product / Service
• Exhibit 158: Valant – Key offerings

• 12.17 WellSky Corp. 
• Exhibit 159: WellSky Corp. – Overview
• Exhibit 160: WellSky Corp. – Product / Service
• Exhibit 161: WellSky Corp. – Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 162: Inclusions checklist
• Exhibit 163: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 164: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 165: Research methodology
• Exhibit 166: Validation techniques employed for market sizing
• Exhibit 167: Information sources

• 13.5 List of abbreviations 
• Exhibit 168: List of abbreviations

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