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U.S. Behavioral Health Care Software And Services Market Size, Share & Trends Analysis Report By Component (Software, Support Services), By Delivery Model, By Function, By End Use, And Segment Forecasts, 2022 - 2030

June 2022 | 80 pages | ID: U0A9B2A1A2DBEN
Grand View Research, Inc.

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U.S. Behavioral Health Care Software And Services Market Growth & Trends

The U.S. behavioral health care software and services market size is expected to reach USD 3.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.12% from 2022 to 2030. An increase in the adoption of technological solutions for the management of clinical, administrative, and financial functions associated with mental healthcare practices is responsible for market growth.

According to the CDC data, around 20.3% of the adult American population was suffering from mental health issues in 2020. Out of which, around16.5% received treatment from the physicians and 10.1% took counseling. The adoption of behavioral healthcare software by the care providers is likely to improve the treatment prospects and management of mental health issues. Behavioral health practices can adopt integrated EHRs for cost savings and effective practice management. The adoption of mental well-being apps can aid to break the societal stigma on mental health. The stigma could easily lead to discrimination, which discourages people from seeking treatment or therapy. However, the surge in mental wellbeing software has led to more patients seeking treatment discreetly.

The COVID-19 pandemic has increased the demand for software by providers of behavioral health. For instance, according to the ECHAlliance Data 2020, around 600 prescription mental wellness apps are available in the market. In addition, the demand for such prescription apps surged drastically from April 2020 to September 2020. The adoption of telehealth and telemedicine also helped to foster the growth of the market during the pandemic. The utilization of mobile and virtual care platforms was supported by positive changes in reimbursement policies for telehealth. For instance, the CMS issued temporary changes in receiving care through telehealth services for patients enrolled in Children's Health Insurance Program (CHIP), Medicaid, and Medicare.

U.S. Behavioral Health Care Software And Services Market Report Highlights
  • By component, the integrated segment dominated the market in 2021. The segment is expected to register the fastest growth rate over the forecast period as it provides various functionalities such as telehealth, e-prescription, and billing and claims management in one single package
  • In terms of the delivery model, the subscription segment accounted for the largest revenue share in 2021. The segment is expected to register the fastest growth rate over the forecast period due to the increasing preference for subscription services over purchasing
  • Based on function, the clinical segment held the largest market share in 2021. The behavioral healthcare software provides clinical functions such as scheduling appointments, claim filings, documentation, and billing that help to increase the productivity of healthcare facilities
  • Key players are adopting strategies such as mergers and acquisitions to strengthen their market presence. In February 2021, Cerner Corporation announced integrating the virtual mental health platform of SilverCloud Health with its Electronic Health Records (EHR) solution. This integration will enable clinicians to prescribe various digitally delivered, scientifically-backed, and on-demand therapeutic care for behavioral health needs
Table Of Contents

CHAPTER 1. METHODOLOGY AND SCOPE

1.1 Market Segmentation & Scope
1.2 Estimates And Forecast Timeline
1.3 Research Methodology
1.4 Information Procurement
  1.4.1 Purchased Database
  1.4.2 Gvr’s Internal Database
  1.4.3 Secondary Sources
  1.4.4 Primary Research
1.5 Information Or Data Analysis
  1.5.1 Data Analysis Models
1.6 Market Formulation & Validation
1.7 Model Details
  1.7.1 Commodity Flow Analysis (Model 1)
  1.7.2 Volume Price Analysis (Model 2)
1.8 List Of Secondary Sources
1.9 List Of Abbreviations
1.10 Objectives
  1.10.1. Objective -
  1.10.1. Objective -

CHAPTER 2. EXECUTIVE SUMMARY

2.1 Market Outlook
2.2 Segment Outlook
  2.2.1 Component
  2.2.2 Delivery Model
  2.2.3 Function
  2.2.4 End-Use
2.3 Competitive Insights

CHAPTER 3. MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Lineage Outlook
  3.1.2 Parent Market Outlook
  3.1.2 Related/ Ancillary Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Market Dynamics
  3.3.1 Market Driver Analysis
    3.3.1.1 Emerging Technologies In Behavioral Health Care And Management
    3.3.2.2 Rising Awareness Of Substance Abuse Management
    3.3.3.3 Expanding Reimbursement Coverage In Developed Countries
  3.3.2 Market Restraint Analysis
    3.3.2.1 Inadequate Funding And Low Awareness Of Mental Health Issues
    3.3.2.2 Lack Of Skilled Clinicians
3.4 U.S. Behavioral Health Care Software & Services Market: Business Environment Analysis Tools
  3.4.1 Porter’s Five Forces Analysis
    3.4.1.1 Threat Of New Entrants: Moderate
    3.4.1.2 Bargaining Power Of Buyers: Low
    3.4.1.3 Competitive Rivalry: High
    3.4.1.4 Threat Of Substitutes: High
    3.4.1.5 Bargaining Power Of Suppliers: High
  3.4.2 Pestel Analysis
    3.4.2.1 Political & Legal
    3.4.2.2 Economic
    3.4.2.3 Technological
3.5 Impact Of Covid-19 On U.S. Behavioral Health Care Software & Services Market

CHAPTER 4. U.S. BEHAVIORAL HEALTH CARE SOFTWARE & SERVICES MARKET: COMPONENT ANALYSIS

4.1 U.S. Behavioral Health Care Software & Services Component Market Share Analysis, 2021 & 2030
4.2 U.S. Behavioral Health Care Software & Services Component Market: Segment Dashboard
4.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Component Segment
  4.3.1 Software
    4.3.1.1 Software Market, 2017 - 2030 (USD Million)
    4.3.1.2 Integrated Software
      4.3.1.2.1 Integrated Software Market, 2017 - 2030 (USD Million)
    4.3.1.3 Standalone Software
      4.3.1.3.1 Standalone Software Market, 2017 - 2030 (USD Million)
  4.3.2 Support Services
    4.3.2.1 Support Services Market, 2017 - 2030 (USD Million)

CHAPTER 5. U.S. BEHAVIORAL HEALTH CARE SOFTWARE & SERVICES MARKET: DELIVERY MODEL ANALYSIS

5.1 U.S. Behavioral Health Care Software & Services Delivery Model Market Share Analysis, 2021 & 2030
5.2 U.S. Behavioral Health Care Software & Services Delivery Model Market: Segment Dashboard
5.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Delivery Model Segment
  5.3.1 Ownership
    5.3.1.1 Ownership Market, 2017 - 2030 (USD Million)
  5.3.2 Subscription
    5.3.2.1 Subscription Market, 2017 - 2030 (USD Million)

CHAPTER 6. U.S. BEHAVIORAL HEALTH CARE SOFTWARE & SERVICES MARKET: FUNCTION ANALYSIS

6.1 U.S. Behavioral Health Care Software & Services Function Market Share Analysis, 2021 & 2030
6.2 U.S. Behavioral Health Care Software & Services Function Market: Segment Dashboard
6.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Function Segment
  6.3.1 Clinical
    6.3.1.1 Clinical Function Market, 2017 - 2030 (USD Million)
    6.3.1.2 EHR
      6.3.1.2.1 EHR Market, 2017 - 2030 (USD Million)
    6.3.1.3 Clinical Decision Support
      6.3.1.3.1 Clinical Decision Support Market, 2017 - 2030 (USD Million)
    6.3.1.4 Care Plans
      6.3.1.4.1 Care Plans Market, 2017 - 2030 (USD Million)
    6.3.1.5 E-Prescribing
      6.3.1.5.1 E-Prescribing Market, 2017 - 2030 (USD Million)
    6.3.1.6 Telehealth
      6.3.1.6.1 Telehealth Market, 2017 - 2030 (USD Million)
  6.3.2 Administrative
    6.3.2.1 Administrative Function Market, 2017 - 2030 (USD Million)
    6.3.2.2 Patient/Client Scheduling
      6.3.2.2.1 Patient/Client Scheduling Market, 2017 - 2030 (USD Million)
    6.3.2.3 Document Management
      6.3.2.3.1 Document Management Market, 2017 - 2030 (USD Million)
    6.3.2.4 Case Management
      6.3.2.4.1 Case Management Market, 2017 - 2030 (USD Million)
    6.3.2.5 Workforce Management
      6.3.2.5.1 Workforce Management Market, 2017 - 2030 (USD Million)
    6.3.2.6 Business Intelligence
      6.3.2.6.1 Business Intelligence Market, 2017 - 2030 (USD Million)
  6.3.3 Financial
    6.3.3.1 Financial Function Market, 2017 - 2030 (USD Million)
    6.3.3.2 Revenue Cycle Management
      6.3.3.2.1 Revenue Cycle Management Market, 2017 - 2030 (USD Million)
    6.3.3.3 Managed Care
      6.3.3.3.1 Managed Care Market, 2017 - 2030 (USD Million)
    6.3.3.4 General Ledger
      6.3.3.4.1 General Ledger Market, 2017 - 2030 (USD Million)
    6.3.3.5 Payroll
      6.3.3.5.1 Payroll Market, 2017 - 2030 (USD Million)

CHAPTER 7. U.S. BEHAVIORAL HEALTH CARE SOFTWARE & SERVICES MARKET: END-USE ANALYSIS

7.1 U.S. Behavioral Health Care Software & Services End-Use Market Share Analysis, 2021 & 2030
7.2 U.S. Behavioral Health Care Software & Services End-Use Market: Segment Dashboard
7.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The End-Use Segment
  7.3.1 Providers
    7.3.1.1 Providers Market, 2017 - 2030 (USD Million)
    7.3.1.2 Hospitals & Clinics
      7.3.1.2.1 Hospitals & Clinics Market, 2017 - 2030 (USD Million)
    7.3.1.3 Community Centers
      7.3.1.3.1 Community Centers Market, 2017 - 2030 (USD Million)
  7.3.2 Payers
    7.3.2.1 Payers Market, 2017 - 2030 (USD Million)
  7.3.3 Patients
    7.3.3.1 Patients Market, 2017 - 2030 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1 Recent Developments & Impact Analysis, By Key Market Participants
8.2 Strategic Framework/ Competition Categorization
8.3 company Market Position Analysis
8.4 Company Profiles
  8.4.1 Cerner Corporation
    8.4.1.1 Company Overview
    8.4.1.2 Financial Performance
    8.4.1.3 Product Benchmarking
    8.4.1.4 Strategic Initiatives
  8.4.2 Core Solutions, Inc.
    8.4.2.1 Company Overview
    8.4.2.2 Financial Performance
    8.4.2.3 Product Benchmarking
  8.4.3 Epic
    8.4.3.1 Company Overview
    8.4.3.2 Financial Performance
    8.4.3.3 Product Benchmarking
  8.4.4 Meditab
    8.4.4.1 Company Overview
    8.4.4.2 Product Benchmarking
    8.4.4.3 Strategic Initiatives
  8.4.5 Holmusk
    8.4.5.1 Company Overview
    8.4.5.2 Product Benchmarking
    8.4.5.3 Strategic Initiatives
  8.4.6 Netsmart Technologies
    8.4.6.1 Company Overview
    8.4.6.2 Financial Performance
    8.4.6.3 Product Benchmarking
    8.4.6.4 Strategic Initiatives
  8.4.7 Qualifacts Systems, Inc.
    8.4.7.1 Company Overview
    8.4.7.2 Financial Performance
    8.4.7.3 Product Benchmarking
    8.4.7.4 Strategic Initiatives
  8.4.8 Welligent, Inc.
    8.4.8.1 Company Overview
    8.4.8.2 Financial Performance
    8.4.8.3 Product Benchmarking
    8.4.8.4 Strategic Initiatives
  8.4.9 Simplepractice, Llc
    8.4.9.1 Company Overview
    8.4.9.2 Financial Performance
    8.4.9.3 Product Benchmarking
    8.4.9.4 Strategic Initiatives
  8.4.10 Therapynotes, Llc
    8.4.10.1 Company Overview
    8.4.10.2 Financial Performance
    8.4.10.3 Product Benchmarking
    8.4.10.4 Strategic Initiatives
  8.4.11 Theranest
    8.4.11.1 Company Overview
    8.4.11.2 Financial Performance
    8.4.11.3 Product Benchmarking
    8.4.11.4 Strategic Initiatives


LIST OF TABLES

Table 1 List of secondary sources
Table 2 List of abbreviations
Table 3 U.S. behavioral health care software & services market, by component, 2017 - 2030 (USD Million)
Table 4 U.S. behavioral health care software & services market, by a software component, 2017 - 2030 (USD Million)
Table 5 U.S. behavioral health care software & services market, by delivery model, 2017 - 2030 (USD Million)
Table 6 U.S. behavioral health care software & services market, by function, 2017 - 2030 (USD Million)
Table 7 U.S. behavioral health care software & services market, by clinical function, 2017 - 2030 (USD Million)
Table 8 U.S. behavioral health care software & services market, by administrative function, 2017 - 2030 (USD Million)
Table 9 U.S. behavioral health care software & services market, by financial function, 2017 - 2030 (USD Million)
Table 10 U.S. behavioral health care software & services market, by end-use, 2017 - 2030 (USD Million)
Table 11 U.S. behavioral health care software & services market, by providers, 2017 - 2030 (USD Million)

LIST OF FIGURES

Fig. 1 U.S. behavioral health care software & services market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain-based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Market formulation & validation
Fig. 9 U.S. behavioral health care software& services market outlook, 2021 (USD Million)
Fig. 10 Market trends & outlook
Fig. 11 Market driver relevance analysis (Current & future impact)
Fig. 12 Market restraint relevance analysis (Current & future impact)
Fig. 13 Penetration & growth prospect mapping
Fig. 14 U.S. behavioral health care software & services component market share analysis, 2020 & 2030 (USD Million)
Fig. 15 U.S. behavioral health care software & services component market: Segment dashboard
Fig. 16 Software market, 2017 - 2030 (USD Million)
Fig. 17 Integrated software market, 2017 - 2030 (USD Million)
Fig. 18 Standalone software market, 2017 - 2030 (USD Million)
Fig. 19 Support services market, 2017 - 2030 (USD Million)
Fig. 20 U.S. behavioral health care software & services delivery model market share analysis, 2020 & 2030 (USD Million)
Fig. 21 U.S. behavioral health care software & services delivery model market: Segment dashboard
Fig. 22 Ownership market, 2017 - 2030 (USD Million)
Fig. 23 Subscription market, 2017 - 2030 (USD Million)
Fig. 24 U.S. behavioral health care software & services function market share analysis, 2020 & 2030 (USD Million)
Fig. 25 U.S. behavioral health care software & services function market: Segment dashboard
Fig. 26 Clinical function market, 2017 - 2030 (USD Million)
Fig. 27 EHRs market, 2017 - 2030 (USD Million)
Fig. 28 Clinical decisions support market, 2017 - 2030 (USD Million)
Fig. 29 Care plans market, 2017 - 2030 (USD Million)
Fig. 30 E-prescribing market, 2017 - 2030 (USD Million)
Fig. 31 Telehealth market, 2017 - 2030 (USD Million)
Fig. 32 Administrative function market, 2017 - 2030 (USD Million)
Fig. 33 Patient/client scheduling market, 2017 - 2030 (USD Million)
Fig. 34 Document management market, 2017 - 2030 (USD Million)
Fig. 35 Case management market, 2017 - 2030 (USD Million)
Fig. 36 Workforce management market, 2017 - 2030 (USD Million)
Fig. 37 Business intelligence market, 2017 - 2030 (USD Million)
Fig. 38 Financial function market, 2017 - 2030 (USD Million)
Fig. 39 Revenue cycle management market, 2017 - 2030 (USD Million)
Fig. 40 Managed care market, 2017 - 2030 (USD Million)
Fig. 41 General ledger market, 2017 - 2030 (USD Million)
Fig. 42 Payroll market, 2017 - 2030 (USD Million)
Fig. 43 U.S. behavioral healthcare software & services end-use market share analysis, 2020 &2030 (USD Million)
Fig. 44 U.S. behavioral health care software & services end-use market: Segment dashboard
Fig. 45 Providers market, 2017 - 2030 (USD Million)
Fig. 46 Hospitals & clinics market, 2017 - 2030 (USD Million)
Fig. 47 Community centers market, 2017 - 2030 (USD Million)
Fig. 48 Payers market, 2017 - 2030 (USD Million)
Fig. 49 Patients market, 2017 - 2030 (USD Million)
Fig. 50 Recent developments & impact analysis, by key market participants
Fig. 51 Strategy framework
Fig. 52 Company market position analysis


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