Long-Term Care Software Market is valued at USD 1890.53 Million in 2018 and expected to reach USD 4431.16 Million by 2025 with the CAGR of 12.94% over the forecast period.
Upsurge in technological advancement and increasing geriatric population are some factors driving the long-term care software market.
Long-term care software is fully integrated with electronic health record, billing solution and business intelligence that helps healthcare facilities to enhance residential care, maintain compliance and manage multiple levels with a single software solution. This software automates the workflow of nursing homes and long-term care facilities. The software provides multiple high-quality healthcare services those are coupled with several benefits including accurate information, reduce data redundancy, boosts productivity and efficiency, saves time, and among others. Moreover, long-term care software also provides automatic inter-facility accounting, maintains records, consolidated reports for many facilities to saves over long time. Long Term Care Software improves resident care, reduce labor cost, maintain compliance and increase reimbursement with fully integrated electronic health record and billing solutions.
Long-Term Care Software Companies:
Long-term care software market report covers prominent players like AOD Software, Cerner Corporation, Kronos, PointClickCare, Omnicell, Inc., McKesson Corporation, Optimus EMR, Omnicare, Inc., Allscripts Healthcare Solutions, Inc., MatrixCare, SigmaCare, and HealthMEDX LLC among others.
Its wide range of features are associated with such as centralized database, user-friendly graphical user interface and others support for rapid adoption of this software across the globe. Multiple applications of long-term care software such as it enables mental health care providers to manage distant patient scheduling, video conferencing, and messaging and analyzing millions of data records and quickly spot potential issues before they become problems as a result of rapid adoption of long-term care software.
WellSky acquires software maker for long-term care settings
News: On February 26, 2019, WellSky (previously known as Mediware) announced the acquisition of Health Care Software (HCS) with undisclosed amount. Health Care Software is the specializes in clinical and financial software for long-term care settings. WellSky is the leader in Healthcare software and services company provides tools for home health, scheduling, EHRs, medication management and cellular therapy currently serves more than 10,000 customer sites worldwide. WellSky aim to operate across the world market and this acquisition help company to gain new analytics and care management tools, which will allow it to pursue new market opportunities as well as increase its offerings for existing clients.
The regions covered in this long-term care software market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of long-term care software is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Long-Term Care Software Market Segmentation –
By Product
Clinical Software, Non-Clinical Solutions
By Deployment Type
Web-Based, On-Premise, Cloud-Based
By End-User
Home Care Agencies, Hospice Care Facilities, Nursing Homes & Assisted Care
Long-Term Care Software Market Dynamics –
Demographic trends, various government initiatives across the globe to curtail increasing healthcare costs and shortage of healthcare practitioners are the key factors driving the growth of long-term care software market. Moreover, digitalization in healthcare sector and increasing development in healthcare infrastructure across the world are fuelling the growth of the global long-term care software market. Additionally, increase in the geriatric population and subsequently there is an increasing prevalence of chronic disease in such section of the population creating the demand of long term care software, For instance, as per the data of United Nation, there were around 703 million persons aged 65 years or over in the world in 2019. The number of older persons is projected to double to 1.5 billion in 2050.
Long-Term Care Software Market Regional Analysis –
North America is dominating the long-term care software market. The factors attributed to the high growth of the region are presence of key players and growing adoption of long-term care software in the region fueling the market growth. For instance, key players including, Cerner Corporation, Omnicare Inc., AOD Software, Kronos are based in USA. In addition, presence high number of geriatric populations in the region help to dominate the market. For Instance, instance, as per the report of PRG, published on July 15, 2019, 52 million American population were aged 65 or older than that in the year of 2018 and it is projected to reach at 95 million by 2060.
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The Global Home Healthcare Market Size is estimated to be over USD 645 billion by 2025.
Global home healthcare market is expected to grow at a CAGR of 8.7% during the forecast period.Download Sample Copy: https://www.adroitmarketresearch.com/contacts/request-sample/540 Advancements in the medical field have led to an increase in life expectancy of people, with more number of people exceeding the average age of 50 years.
The regional market of global home healthcare is segmented as North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Russia, Rest of Europe), Asia Pacific (China, Japan, India, Korea, Southeast Asia and Rest of Asia-Pacific) and South America, Middle-Eats & Africa (Brazil, Egypt, Saudi Arabia, South Africa, Nigeria, and Rest of the World).
In , North America dominated the global home healthcare market and is expected to retain its dominance during the forecast period from 2019-2025.3M Healthacre, Bayer, Roche, Abbot Laboratories and others are some of the leading players having a presence in the global home healthcare market.
In order to increase their flexibility and the willingness to adapt products in response to customer feedback, companies are making using of technology to become more customer centric.Else Place an Inquire Before Purchase “Global Market Size, Status and Forecast 2025:https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/540 Key segments of the global home healthcare marketDevice Type Overview, 2015-2025 (USD million)Diagnostic & Monitoring DevicesTherapeutic DevicesHome Mobility Assist DevicesServices Overview, 2015-2025 (USD million)RehabilitationTelehealthRespiratory TherapyInfusion TherapyUnskilled HomecareRegional Overview, 2015-2025 (USD million)North AmericaU.S.CanadaMexicoEuropeGermanyU.K.FranceRussiaItalyRest of EuorpeAsia PacificChinaJapanKoreaIndiaSoutheast AsiaRest of Asia PacificSouth America, Middle-East & AfricaBrazilEgyptSaudi ArabiaSouth AfricaNigeriaRest of the WorldGet More Information Here: https://www.adroitmarketresearch.com/industry-reports/home-healthcare-marketAbout Us:Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018.
Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry.
Nov 17, 2020: The global healthcare workforce management system market size is expected to value at USD 1.78 billion in the near future according to Radiant Insights.
The workforce dynamics in the healthcare industry is gaining a wide attention as institutions emphasize on providing remarkable services for patients.
For instance, investing in human resources can help in designing regulatory framework i.e.
Budgeting is another instance wherein the size of staff should suffice the workload requirements.Download sample Copy of This Report at: https://www.radiantinsights.com/research/global-healthcare-workforce-management-system-market-2020-2026/request-sampleOverall, labor expenses account for nearly 60% of total expenses for a healthcare institution.
The healthcare market has also undergone rapid transformation in the past few years exhibiting tremendous need for qualified medical and non-medical professionals.Read Complete Report With TOC @ https://www.radiantinsights.com/research/global-healthcare-workforce-management-system-market-2020-2026It is anticipated that there will be a huge shortage of physicians by the end of the next decade.
Currently, the market faces steep decline in the manual resources as the healthcare industry is becoming highly competitive.
Overview of Global Medical Alert Systems Market:An entire Medical Alert Systems Market report is spread across more than 350 pages, list of tables & figures, profiling more than ten companies.
Analysis and estimations attained through the massive information gathered in this Market report are extremely necessary when it comes to dominate the Market or creating a mark in the Market as a new emergent.
Market forecast section in this Market analysis report is obsessed with production and production value forecast, key producers forecast by type, application, and regions.
The reliable Medical Alert Systems Market research report is an indispensable model to have increments in business activities, qualitative work done, and enhanced profits.The major topics of Medical Alert Systems Market document can be listed as; Overview of Healthcare industry, Manufacturing cost structure analysis, Development and manufacturing plants analysis, Key figures of major manufacturers, Regional Market analysis, Segment Market analysis by type and by application, Major manufacturers analysis, Development trend analysis, Marketing channel, and Market dynamics.
With the global Market data provided in the report, it has become easy to gain global perspective for the international business.
By accomplishing an inspiration from the Marketing strategies of rivals, businesses can set up inventive ideas and striking sales targets which in turn make them achieve competitive advantage over its competitors.Available Exclusive Sample Copy of this Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-medical-alert-system-market .The Global Medical Alert Systems Market to account to USD 10.75 billion by 2027 growing at a CAGR of 8.40% in the forecast period of 2020 to 2027.According to the market report analysis, the constituent accelerating for the increase of the medical alert systems is the need for individual crisis reply operation management which includes reasons such as the expanding geriatric community, technological elevations in healthcare wearable devices, enhancing infiltration of smart cell phones in the healthcare industry and consistent modifications in technology, and effortless flexibility of PERS instruments.Global Medical Alert Systems Market Segmentation:Based on the Type, the medical alert systems market is segmented into landline, mobile and standalone.Based on the Technology, the medical alert systems market is segmented into two-way voice systems, unmonitored medical alert systems, medical alert alarm/button system.Based on the Component, the medical alert systems market is segmented into global system for mobile communications (GSM), microphone, fall global positioning system (GPS), detection sensor, and wireless transmitter.Based on the End-User, the medical alert systems market is segmented into home-based, senior living facilities, hospitals, nursing homes, and assisted living facilities.Access Complete Report @ https://www.databridgemarketresearch.com/reports/global-medical-alert-system-market .Global Key Vendors:Life Alert Emergency Response Inc.LifeFone Medical Alert ServicesAmerican Response TechnologiesSafeGuardian LLC Help AlertADTALERTONE SERVICES LLCAmerican Senior Safety AgencyBay Alarm Family of CompaniesKoninklijke Philips N.V.Medical Guardian LLPMobileHelpMytrex INC.Rescue AlertNortek Security and ControlResponse NowConnect AmericaKey questions answered in the report:What will the market growth rate of Medical Alert Systems market in 2027?What are the key factors driving the global Medical Alert Systems market?What are sales, revenue, and price analysis of top manufacturers of Medical Alert Systems market?Who are the distributors, traders and dealers of Medical Alert Systems market?Who are the key manufacturers in Medical Alert Systems market space?What are the Medical Alert Systems market opportunities and threats faced by the vendors in the global Medical Alert Systems market?What are sales, revenue, and price analysis by types and applications of Medical Alert Systems market?What are sales, revenue, and price analysis by regions of Medical Alert Systems market?What are the market opportunities, market risk and market overview of the Medical Alert Systems market?For More Insights Get FREE Detailed TOC of “Global Medical Alert Systems Market Report 2021” @ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-alert-system-market .Major Highlights of TOC: Global Medical Alert Systems Market1 Global Medical Alert Systems Market Overview2 Global Medical Alert Systems Market Competitions by Manufacturers3 Global Medical Alert Systems Capacity, Production, Revenue (Value) by Region (2021-20274 Global Medical Alert Systems Supply (Production), Consumption, Export, Import by Region (2021-2027)5 Global Medical Alert Systems Production, Revenue (Value), Price Trend by Type6 Global Medical Alert Systems Market Analysis by Application7 Global Medical Alert Systems Manufacturers Profiles/Analysis8 Medical Alert Systems Manufacturing Cost Analysis9 Industrial Chain, Sourcing Strategy and Downstream Buyers10 Marketing Strategy Analysis, Distributors/Traders11 Market Effect Factors Analysis12 Global Medical Alert Systems Market Forecast (2021-2027)13 Research Findings and Conclusion14 AppendixAbout Data Bridge Market Research:Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
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