Mediaboss Marketing

DUBLIN--(BUSINESS WIRE)--The "Behavioral/Mental Health Software Market - Growth, Trends and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The key factors propelling the growth of the market is the increasing stress conditions requiring for mental health management, government funding and initiatives toward EHR adoption in behavioral health organizations and improved health reforms during the forecast period.

Increasing work stress is found to be the major reason for the requirement of mental health care management. As per the data published on February 2019 by American Psychological Association, 75% of adults have reported experiencing moderate to high levels of stress in the past month and nearly half of them reported that their stress has increased in the past years.

Companies Mentioned

Key Market Trends

Electronic Health Record Segment is Expected to Grow Fastest During the Forecast Period

The demand for EHR built specifically for mental health is increasing due to increasing incidence of mental disorders like Parkinsons's Disease, especially in developed parts of the world. As per a 2018 report by the Parkinson's Disease Society of the United Kingdom, the incidence cases of the disorder are expected to increase from 145,500 in 2018 to nearly 168,600 by 2025.

A specialty-specific EHR makes a difference to the medical staff and the patients associated with the management of behavioral/mental health as it provides the advanced capabilities that include practice management and a patient portal among other integrated benefits. Its integrated EHR suite includes patient records, documentation, scheduling, practice management, and an online patient portal. Hence the focus on better continuity of care, various advancement in terms of technology and growing adoption of these products are likely to contribute to the market growth in the future.

North America Holds the Largest Share in the Market and is Expected to Follow the Same Trend over the Forecast Period

The market in North America accounts for major share in terms of revenue and is expected to maintain its position over the forecast period. With the increasing burden of depression and stress due to work-life or personal life, the adoption rate of behavioral/mental health is also rising.

The web-based EHR, medical billing, and practice management presently are used by thousands of physicians across the United States and thus the adoption rate has been increasing year-on-year. Hence, with the rising acceptance and improved healthcare infrastructure, increasing mental health awareness is also driving the overall market across the North America region.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Increasing Stress Conditions Requiring for Mental Health Management

4.2.2 Government Funding and Initiatives toward EHR Adoption in Behavioral Health Organizations

4.2.3 Improved Health Reforms

4.3 Market Restraints

4.3.1 Data Privacy Concerns

4.3.2 Usage of Traditional Paper-based Systems

4.4 Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Function

5.1.1 Clinical Functionality

5.1.2 Administrative Functionality

5.1.3 Financial Functionality

5.2 By End User

5.2.1 Community Clinics

5.2.2 Hospitals

5.2.3 Private Practices

5.2.4 Other End Users

5.3 Geography

5.3.1 North America

5.3.1.1 United States

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.2 Europe

5.3.2.1 Germany

5.3.2.2 United Kingdom

5.3.2.3 France

5.3.2.4 Italy

5.3.2.5 Spain

5.3.2.6 Rest of Europe

5.3.3 Asia-Pacific

5.3.3.1 China

5.3.3.2 Japan

5.3.3.3 India

5.3.3.4 Australia

5.3.3.5 South Korea

5.3.3.6 Rest of Asia-Pacific

5.3.4 Middle-East and Africa

5.3.4.1 GCC

5.3.4.2 South Africa

5.3.4.3 Rest of Middle-East and Africa

5.3.5 South America

5.3.5.1 Brazil

5.3.5.2 Argentina

5.3.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Accumedic

6.1.2 Askesis Development Group Inc.

6.1.3 BestNotes

6.1.4 Cerner Corporation

6.1.5 Credible Behavioral Health Software

6.1.6 Netsmart Technologies

6.1.7 NextGen Healthcare

6.1.8 Qualifacts

6.1.9 Valant Medical Solutions Inc.

6.1.10 Welligent Inc.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/hw7v0w

Go here to read the rest:
Worldwide Behavioral/Mental Health Software Industry to 2025 - North America Holds the Largest Share in the Market - ResearchAndMarkets.com - Business...