Long-term care is a service which helps meet medical and non medical needs of people with chronic illnesses or disabilities. It involves a variety of services designed to meet a person's health or personal care needs during a short or long period of time. These services assist people to live independently and safely when they can no longer perform everyday activities on their own.
North America holds the largest share of the global long-term care software market. However, in forthcoming years, developing regions such as Asia-Pacific (Japan, China, and India) and Latin America are expected to emerge as new revenue-generating pockets for the market players. Economic developments and changing demographic trends in these regions are key factors driving the growth of the long-term care software market in developing regions.
According to this study, over the next five years the Long-term Care Software market will register a 15.3% CAGR in terms of revenue, the global market size will reach USD 2520 million by 2024, from USD 1070 million in 2019. In particular, this report presents the global revenue market share of key companies in Long-term Care Software business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Long-term Care Software market by product type, application, key companies and key regions.
This study considers the Long-term Care Software value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Clinical Software
Non-Clinical Solutions
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Nursing Homes
ALFs & ILFs
Home Healthcare
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SigmaCare
MatrixCare
Allscripts
Optimus EMR
SoftWriters
PointClickCare
Cerner
VersaSuite
Epic Systems
Napier
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Long-term Care Software market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Long-term Care Software market by identifying its various subsegments.
Focuses on the key global Long-term Care Software players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Long-term Care Software with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Long-term Care Software submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
