Dublin, Jan. 08, 2025 (GLOBE NEWSWIRE) — The “Behavioural Health EHR Market by Product, by Functionality, by End-User, and By Region” report has been added to ResearchAndMarkets.com’s offering.
The global behavioural health EHR market is poised for significant growth, with a forecast to ascend from USD 3.47 billion in 2024 to an impressive USD 24.90 billion by 2035, marking a compound annual growth rate of 19.62% over the forecast period of 2025-2035.
This surge is primarily fueled by the pressing need for advanced healthcare management systems in the face of rising mental health disorders and the integration of technology in healthcare.
The behavioural health EHR market is being driven by the increased prevalence of mental health issues and the recognition of behavioural health as an integral component of holistic healthcare. Technological advancements in EHR systems, the advent of telehealth, and the scarcity of behavioral health professionals are also propelling market growth. Disparities between the prevalence of conditions and treatment availability underline the urgency for more efficient behavioral health solutions.
Segmentation Shows Diverse Growth Drivers
The market is segmentally expansive, with web/cloud-based EHRS leading in 2024 due to their remote accessibility, cost-efficiency, and seamless telehealth integration. On-premises EHRs, preferred for their security and regulatory compliance, are expected to witness rapid growth during the projection period. Clinically-focused functionality garners substantial market share, emphasizing the role of comprehensive tools in enhancing care quality.
Likewise, administrative functionality is anticipated to grow robustly, streamlining numerous operational facets for healthcare providers. Community clinics form the core of the end-user segment in 2024, propelled by EHR adoption, which is incentivized by government initiatives. Hospitals are set to exhibit significant growth rates, with an increasing focus on integrating behavioral health into more general healthcare settings and enhancing IT infrastructure.
Regional Market Insights
North America currently commands the highest revenue share, with robust healthcare infrastructure, high HIS adoption rates, and strong government backing. The Asia Pacific region is anticipated to grow at a swift pace, capitalizing on increasing mental health awareness, healthcare IT investments, and governmental digital healthcare support. This comprehensive market analysis embarks upon a detailed trajectory of the behavioural health EHR market from 2024 to 2035, delving into regional and global market trends and forecasts.
The behavioural health EHR market demonstrates considerable promise and opportunity, reflective of a paradigm shift towards more integrated, technologically-advanced healthcare solutions that prioritize comprehensive, patient-centered care. As the sector continues to evolve, the focus will invariably lie on developing systems capable of addressing the diverse and expanding needs of behavioral health services.
Key Attributes:
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2023 – 2034 |
Estimated Market Value (USD) in 2023 | $3.47 Billion |
Forecasted Market Value (USD) by 2034 | $24.9 Billion |
Compound Annual Growth Rate | 19.6% |
Regions Covered | Global |
Companies Featured
- Cerner Corporation
- Epic Systems Corporation
- Allscripts Healthcare Solutions, Inc.
- Athenahealth, Inc.
- NextGen Healthcare, Inc.
- Meditech
- eClinicalWorks
- Kareo, Inc.
- AdvancedMD
- McKesson Corporation
- Greenway Health, LLC
- GE Healthcare
- Greenway Health
- Sage Group
- MindLinc
For more information about this report visit https://www.researchandmarkets.com/r/653re3
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- Global Behavioural Health EHR Market