US Behavioural Healthcare Software Market Size, Share, Growth, Trends, and Industry Analysis: By Component, By Delivery model, By Functionality, By End-User and Country Forecast 2019-2030
U.S. behavioural healthcare software market was valued at US$ 1,294.4 million in 2023 and is poised to grow at a CAGR of 12% over 2023-2029. Behavioural Healthcare Software is a kind of electronic medical records (EMR) program created specifically to meet the demands of behavioral health specialty. The increased demand for special medical needs for mental and behavioral health patients in numerous environments drives the U.S. Behavioural healthcare software market. According to the National Institute of Mental Health, it is estimated that more than one in five U.S. adults live with a mental illness (57.8 million in 2021). Furthermore, the U.S. government has increased its investment associated with the treatment of behavioral health-related disorders and various campaigns for mental health awareness also propels the market growth.
The National Mental Health Awareness Campaign (NMHAC), a nationwide nonpartisan public education campaign, was launched to identify, discuss, and seek help for mental health problems; and create a more accepting environment for them to do so and also promote the usage of behavioral healthcare software. However, the privacy breach of data is the biggest concern for providers along with high-priced software solutions for customers hinders the growth of the market. However, the increase in government reforms for medical practice regulations along with the passing of the HIPAA and HITECH Act in the US to strengthen data security measures, improved access to the internet and mobile technologies, and greater adoption of EMR software are anticipated to burgeon the market growth.
The market is expected to rise owing to the greater adoption of Electronic Health Records (EHR) software. Hospitals and medical practices maintain and share patient medical records using EHR software, which also automates clinical operations including invoicing and claims. Healthcare providers uses an electronic health records or electronic medical records (EMR) system because patients need to be able to access their medical records outside of the doctor's office.
The majority of US healthcare facilities now use EHR software as their preferred method of charting, thanks to the American Recovery and Reinvestment Act of 2009. The global move to digital records is occurring at the same time as the US EHR business is expanding. By 2021, almost all non-federal acute care hospitals (96%) and approximately four out of five office-based physicians (78%) had embraced certified EHRs.
US Behavioural Healthcare Software Market is primarily driven by the growing prevalence of mental health disorders, the availability of sophisticated healthcare systems, and the presence of many key market participants. In addition, the rapid adoption of healthcare technologies in the U.S. is witnessed to fuel the market revenue in forecast period. An ADAA (Anxiety and Depression Association of America) survey found that around 40 million adults in the U.S. have anxiety disorders each year. The expansion of this region's market is aided by the increase in mental health problems and the number of medical practitioners with EHR training.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2023 |
US$ 1,294.4 million |
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By Component |
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By Delivery Model |
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By Functionality |
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By End User |
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The US Behavioural Healthcare Software market size was valued at US$ 1,294.4 Million in 2023
The increased demand for special medical needs for mental and behavioral health patients in numerous environments drives the US Behavioural healthcare software market.
Privacy breach of data is the biggest concern for providers along with high-priced software solutions for customers restraining the US Behavioural healthcare software market.
| 1.Executive Summary |
| 2. US Behavioural Healthcare Software Market Introduction |
| 2.1. US Behavioural Healthcare Software Market - Taxonomy |
| 2.2. US Behavioural Healthcare Software Market - Definitions |
| 2.2.1.Delivery Model |
| 2.2.2.Delivery Model |
| 2.2.3.Functionality |
| 2.2.4.End User |
| 3. US Behavioural Healthcare Software Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. US Behavioural Healthcare Software Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. US Behavioural Healthcare Software Market By Delivery Model, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Support Services |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Software |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. US Behavioural Healthcare Software Market By Delivery Model, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Subscription Models |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Ownership Models |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. US Behavioural Healthcare Software Market By Functionality, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Clinical Functionality |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Administrative Functionality |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Financial Functionality |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. US Behavioural Healthcare Software Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Community Clinics |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Hospitals |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Private Practices |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9. Competition Landscape |
| 9.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 9.2.1.Amwell |
| 9.2.2.Appriss Health |
| 9.2.3.Cerner Corporation |
| 9.2.4.Core Solutions, Inc. |
| 9.2.5.Epic |
| 9.2.6.Meditab |
| 9.2.7.Netsmart Technologies |
| 9.2.8.Qualifacts Systems, Inc. |
| 9.2.9.Welligent, Inc. |
| 9.2.10.SimplePractice, LLC |
| 9.2.11.TherapyNotes, LLC |
| 10. Research Methodology |
| 11. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
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