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Behavioral Health Software Market Empowers Facilities Providing Multilevel Care
Behavioral Health Software Market Report by Goldstein Research
According to Goldstein Research analysts, behavioral health software market is expected to reach USD 2.35 billion by 2024 from USD 1.12 Billion in 2016, at a CAGR of 13.49%. On the basis of functionality, the Behavioral health software market is categorized into clinical, financial, and administrative where clinical segment is anticipated to register the highest CAGR of 14.5% over the forecast period which is attributed to the rise in government initiatives to boost adoption of the software by clinicians in order to provide with quality care to their patients at lower costs.
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On the basis of our in-depth analysis, Global Behavioral Health Software Market can be segmented as follows:
On the basis of Delivery Mode
On the basis of Functionality
- Electronic Health Records (EHRs)
- Clinical Decision Support (CDS)
- Care plans/health management
- Revenue cycle management
- Managed care accounts
- Payable/general ledger
- Business Intelligence
- Document Management
- Patient/Client scheduling
- Workforce Management
- Case management
By End User
- Health Plans
Global Behavioral Health Software Market is driving on the basis of advancement in branches of healthcare mentioned below:
Mobile Medical Apps Market
Foremost driving factor for Mobile Medical Apps Market growth is the emergence of smartphone technology which is a promising technology for implementation in remote patient monitoring for several causes such as benefits for medical-device manufacturers including cost savings.
Digital Healthcare Market
Digital Health Market size was valued over USD 65.23 billion in 2017 and the opportunity in this market is anticipated to rise at a CAGR of 30.0% in the forecast period (2017 to 2025).
The U.S. and Canada have been at the forefront of mobile health deployments in the mHealth market and around 42.5% of the deployed solutions work towards strengthening the healthcare systems.
Artificial Intelligence in the healthcare market is anticipated to hit USD 6.15 billion by 2020 which tends to save USD 149.67 billion by 2025 for the healthcare industry. Nature of EHealth market has high potential but slow uptake. eHealth Market size was valued over USD 65.23 billion in 2017 and the opportunity in this market is anticipated to rise at a CAGR of 30.0% in the forecast period (2017 to 2025).
Major driving factor for the expansion of Telemedicine Market is built-in EMR integration that provides the patient information to the clinician at the point of care and also to the remote specialist, even when they each use a different EMR during telemedicine consultation.
Our Global Behavioral Health Software Market Report comprises of major players which includes business strategies, financial analysis, product portfolio and a complete overview on their investments and R&D activities.
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