North America’s Long-term Care Software Market: Projected to Reach $2.1 Billion by 2025 – ResearchAndMarkets.com
The
Aging baby boomers, growing incidence of chronic diseases, and government initiatives to include long-term care software in healthcare facilities are anticipated to drive the growth. With increasing demand for formal care, new technologies are being adopted to provide better and personalized care to the elderly, which is likely to further fuel the market during the forecast period.
The
Various strategic initiatives by market players are expected to boost the LTC software market growth. In
Moreover, various mergers and acquisitions are anticipated to fuel market growth. For instance, in
Companies also focus on regional expansions through business collaborations. In
Further key findings from the report suggest:
- EHR accounted for the largest market share in 2017 owing to better medical care and accurate patient information provided by the software
- Cloud-based solution is anticipated to be the fastest growing segment during the forecast period due to cost-effectiveness, less operational issue, low investment, and ease of implementation with advanced security
-
U.S. dominated theNorth America long-term care software market and is likely to witness significant growth over the next decade due to rising aging population demanding long-term care coupled with need to lower the healthcare costs - Some of the key market players are Allscripts Healthcare Solutions, Inc.;
Epic Systems Corporation ; Cerner; McKesson Corporation; Omnicare; Omnicell, Inc.;MatrixCare ;Optimus EMR ; Netsmart; and PointClickCare.
Key Topics Covered
Chapter 1 Research Methodology
1.1 Information Procurement
1.2 Data Analysis
Chapter 2 Executive Summary
Chapter 3 Market Snapshot
Chapter 4 Market Variables, Trends & Scope
4.1 Market Segmentation and Scope
4.1.1 Market Driver Analysis
4.1.1.1 Increasing geriatric population
4.1.1.2 Increased incidence of chronic disease
4.1.1.3 Technological development
4.1.2 Market Restraint Analysis
4.1.2.1 High software investment and maintenance costs
4.1.2.2 Lack of awareness and low adoption of software
4.2 Penetration & Growth Prospects Mapping
4.3 Long-term Care (LTC) Software Market - PESTLE Analysis
4.4 Industry Analysis - Porter's
4.5 North America Long-term Care Software Competitive Landscape: Market Position Analysis (Based on Services, Regional Presence, and Recent Updates)
4.6 Regulatory Scenario
Chapter 5 North America Long-term Care Software Market: Product Estimates & Trend Analysis
5.1 North America Long-term Care (LTC) Software Market: Product Movement Analysis
5.2 Electronic Health Records (EHR)
5.3 Electronic Medication Administration Record (eMAR)
5.4 Payroll Management
Chapter 6 North America Long-term Care Software Market: Mode of Delivery Estimates & Trend Analysis
6.1 North America Long-term Care (LTC) Software Market: Mode of Delivery Movement Analysis
6.2 Web-Based Solutions
6.3 Cloud-Based Solutions
6.4 On-Premise Solutions
Chapter 7 North America Long-term Care Software Market: End Use Estimates & Trend Analysis
7.1 North America Long-term Care (LTC) Software Market: End Use Movement Analysis
7.2
7.3 Assisted living facilities
7.4 Home Health Agencies
Chapter 8 North America Long-term Care Software Market: Regional Estimates & Trend Analysis, by Services
8.1 North America Long-term Care (LTC) Software Market Share,
Chapter 9 Competitive Landscape
9.1 Strategy framework
9.2 Company Profiles
9.2.1 Allscripts Healthcare Solutions Inc.
9.2.1.1 Company overview
9.2.1.2 Financial performance
9.2.1.3 Product benchmarking
9.2.1.4 Strategic initiatives
9.2.2
9.2.3 Cerner
9.2.4 McKesson Corporation
9.2.5 Omnicare
9.2.6 Omnicell Inc.
9.2.7
9.2.8
9.2.9 Netsmart
For more information about this report visit https://www.researchandmarkets.com/r/e0i8bq
View source version on businesswire.com: https://www.businesswire.com/news/home/20190906005114/en/
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