Global Behavioral health software Market to reach USD 5.81 billion by 2027.
Global Behavioral health software Market is valued approximately USD 1.67 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 19.5 % over the forecast period 2021-2027. Behavioral health software can be referred to any software or system used within a medical context, such as standalone software used for diagnostic or therapeutic purposes software embedded in a medical device. Factors including increased adoption of behavioural health software and availability of government funding and investment in digital health industry is driving the market growth. For instance: As per the Statista number of investment deals made by investors in the global digital health industry from 2010 to 2020. In 2020, there were 770 deals made in the digital health industry. However, financial constraints impede the growth of the market over the forecast period of 2020-2027. Also, with the telehealth as a means of providing care services, the adoption for Behavioral health software would create strong affinity for market growth during the forecast period.
Global Behavioral health software Market is segmented on the basis of geographical reason as Asia Pacific, North America, Europe, Latin America and Rest of the World. , North America is deemed as leader of the market and witnessed robust growth owing to growing awareness and technological advancement in medical science. Whereas, Asia-Pacific is coming up as one of the promising regions as huge market growth is observed due to factors such as rising disposable income, improved health infrastructure, and rising population in the region.
Major market player included in this report are:
Cerner corporation
Netsmart technologies
Qualifacts
Valant
NextGen healthcare
Core solutions
MindLinc
Echo group
Welligent, inc.
Credible behavioral health, inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Support services
Software
By End Use:
Community clinics
Hospitals
Private practices
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Behavioral health software Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors