Behavioral Mental Health Software Market
Report Description
In 2017, the worldwide market for mental/behavioral health software was valued at USD XX million. In view of the historical trend and possible future trends, the market is expected to achieve a value of USD XX million by 2023, recording a CAGR of XX percent over the 2018-2023 forecast period. Software for behavioral/mental health is used to record and handle the patient s behavioral, mental, and addiction information. Also, the software performs billing, appointments, and bed management, helping the organization to operate smoothly.
Drivers:
Increasing stress at a job is the main reason for the mental health care management necessity. Between 2012 and 2014, an increase of 58 percent in staff anxiety was noted. This increased depression and stress, in turn, boosted the need for behavioral/mental health leadership, leading to the development of the worldwide market for mental/behavioral health software.
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Restraints:
An individual requires IT knowledge to preserve behavioral/mental health software. Psychologists do not have the skills necessary to understand software systems and are therefore interested in traditional paper-based systems. These factors are a barrier to the development of the market for behavioral/mental health software.
Market segmentation:
This market was segmented based on function as clinical functionality, administrative functionality, and economic functionality, again sub-segmented into different segments. The market is divided into software and services based on the solution. The market is segmented by end-users as well as community clinics, hospitals, private practices, patients, etc. The market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America as a global market based on geography. In their corresponding areas, these regions are further segmented intonations.
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