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Behavioral Mental Health Care Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

October 2023 | 146 pages | ID: B0003FB201EEEN
IMARC Group

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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

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL BEHAVIORAL MENTAL HEALTH CARE SOFTWARE MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY SOLUTION

6.1 Software
  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
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY FUNCTION

7.1 Clinical 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
7.2 Administrative 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
7.3 Financial 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

8.1 Anxiety
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Post-Traumatic Stress Disorder (PSTD)
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Substance Abuse
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Schizophrenia
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Bipolar Disorders
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Others
  8.6.1 Market Trends
  8.6.2 Market Forecast

9 MARKET BREAKUP BY DELIVERY MODEL

9.1 Subscription Model
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Ownership Model
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY END USE

10.1 Providers
  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
10.2 Payers
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Patients
  10.3.1 Market Trends
  10.3.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North 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
11.2 Asia-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
11.3 Europe
  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
11.4 Latin 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
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE ANALYSIS

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 Accumedic Computer Systems Inc.
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
  16.3.2 Advanced Data Systems
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
  16.3.3 AdvancedMD Inc. (Global Payments Inc.)
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
  16.3.4 Compulink Healthcare Solutions
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
  16.3.5 InSync Healthcare Solutions
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
  16.3.6 Meditab Software Inc.
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
  16.3.7 Netsmart Technologies Inc.
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
    16.3.7.3 SWOT Analysis
  16.3.8 Psyquel
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
  16.3.9 Qualifacts Systems LLC
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
  16.3.10 Therapy Brands
    16.3.10.1 Company Overview
    16.3.10.2 Product Portfolio
  16.3.11 TherapyNotes LLC
    16.3.11.1 Company Overview
    16.3.11.2 Product Portfolio
  16.3.12 Valant Medical Solutions Inc.
    16.3.12.1 Company Overview
    16.3.12.2 Product Portfolio
  16.3.13 Welligent Inc.
    16.3.13.1 Company Overview
    16.3.13.2 Product Portfolio

LIST OF TABLES

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

LIST OF FIGURES

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


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