Long-term Care Software Market
In past few years, long-term care software has gained an enormous interest due to improvement in the quality and safety of medication treatment. The rising need for healthcare IT solution to increase the work efficiency of long-term care facilities is the major factor contributing to the growing demand for long-term care software. Various government initiatives across the globe to curtail the increasing healthcare cost is the factor which is fueling the growth of the long-term care software market. Multiple applications of long-term care software such as the long-term care software analyze millions of data records and quickly spot potential issues before they become problems, and it enables mental health providers to manage remote patient video conferencing, scheduling, and messaging are playing a crucial role in the rapid adoption of long-term care software.
Long-term care software solutions are fully-integrated electronic health record, billing and business intelligence solution which enables healthcare facilities to improve resident care, maintain compliance and manage multiple levels with the single software solution. Popular features of long-term care software include centralized database, and user-friendly graphic user interface are the factors which are supporting the rapid adoption of long-term care software.
Global Long-term Care Software Market: Drivers and Challenges
Drivers
The digitalization in healthcare technology is the primary factor which is driving the growth of long-term care software market. Also, changing healthcare infrastructure, shortage of medical staff and adoption of technological solutions in the healthcare institutions is the key growth driver of the long-term care software market. Moreover, limited healthcare specialists and different initiatives taken by the government bodies worldwide to reduce the medical cost are fueling the growth of long-term care software market.
Apart from this, the increase in the number of healthcare organizations and the increasing usage of mobile devices in the healthcare organizations are the major factors which are fueling the growth of the long-term care software market.
Challenges
The high cost of software maintenance is the primary factor which may hinder the growth of the long-term care software market in the near future. Also, the unwillingness of the traditional long-term care providers to adopt new software is one of the major factors which hampers the growth of the long-term care software market in the near future.
Global Long-term Care Software Market: Segmentation
Segmentation of Long-term Care Software market on the basis of major delivery modes:
On-premise
Cloud-based
Segmentation of Long-term Care Software market on the basis of end-users:
Home Healthcare Agencies
Nursing Homes
Hospice care facilities provider
Global Long-term Care Software Market: Competition Landscape
Key Players
The prominent players in long-term care software market are: Allscripts Healthcare Solutions, Inc., Cerner Solutions, Omnicare, Inc., Omnicell, Inc., HealthMEDX, LLC, McKesson Corporation, Optimus EMR, Inc., PointClickCare, MatrixCare, and SigmaCare.
Global Long-term Care Software Market: Regional Overview
On the geographic basis, North America is anticipated to capture largest market share, owing to the well developed and established healthcare industry, and higher adoption of long-term care software in the region. Europe and APAC are also expected to gain substantial market share due to the rapid infrastructural development in the healthcare sector. Also, APAC is expected to be the fastest growing long-term care software market owing to the government initiatives taken in the healthcare sector by the emerging economies such as India, China, and Japan.
The Long-term Care Software market in Latin America and MEA are expected to witness high growth rates in the coming period due to the rise in digital technologies and increasing adoption of mobile devices in the healthcare sector of the region.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.
- 1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand-side Trends
- 1.3. Supply-side Trends
- 1.4. Technology Roadmap Analysis
- 1.5. Analysis and Recommendations
- 2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 3. Market Background
- 3.1. Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Restraints
- 3.1.3. Opportunity
- 3.1.4. Trends
- 3.2. Scenario Forecast
- 3.2.1. Demand in Optimistic Scenario
- 3.2.2. Demand in Likely Scenario
- 3.2.3. Demand in Conservative Scenario
- 3.3. Opportunity Map Analysis
- 3.4. Investment Feasibility Matrix
- 3.5. PESTLE and Porter’s Analysis
- 3.6. Regulatory Landscape
- 3.6.1. By Key Regions
- 3.6.2. By Key Countries
- 3.7. Regional Parent Market Outlook
- 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
- 4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
- 4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
- 4.2.1. Y-o-Y Growth Trend Analysis
- 4.2.2. Absolute $ Opportunity Analysis
- 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Delivery Mode
- 5.1. Introduction / Key Findings
- 5.2. Historical Market Size Value (US$ Mn) Analysis By Delivery Mode, 2017-2021
- 5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Delivery Mode, 2022-2032
- 5.3.1. On-premise
- 5.3.2. Cloud-based
- 5.4. Y-o-Y Growth Trend Analysis By Delivery Mode, 2017-2021
- 5.5. Absolute $ Opportunity Analysis By Delivery Mode, 2022-2032
- 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End-users
- 6.1. Introduction / Key Findings
- 6.2. Historical Market Size Value (US$ Mn) Analysis By End-users, 2017-2021
- 6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By End-users, 2022-2032
- 6.3.1. Home Healthcare Agencies
- 6.3.2. Nursing Homes
- 6.3.3. Hospice Care Facilities Provider
- 6.4. Y-o-Y Growth Trend Analysis By End-users, 2017-2021
- 6.5. Absolute $ Opportunity Analysis By End-users, 2022-2032
- 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
- 7.1. Introduction
- 7.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
- 7.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
- 7.3.1. North America
- 7.3.2. Latin America
- 7.3.3. Europe
- 7.3.4. Asia Pacific
- 7.3.5. MEA
- 7.4. Market Attractiveness Analysis By Region
- 8. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 8.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 8.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 8.2.1. By Country
- 8.2.1.1. U.K.
- 8.2.1.2. Canada
- 8.2.2. By Delivery Mode
- 8.2.3. By End-users
- 8.3. Market Attractiveness Analysis
- 8.3.1. By Country
- 8.3.2. By Delivery Mode
- 8.3.3. By End-users
- 8.4. Key Takeaways
- 9. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 9.2.1. By Country
- 9.2.1.1. Brazil
- 9.2.1.2. Mexico
- 9.2.1.3. Rest of Latin America
- 9.2.2. By Delivery Mode
- 9.2.3. By End-users
- 9.3. Market Attractiveness Analysis
- 9.3.1. By Country
- 9.3.2. By Delivery Mode
- 9.3.3. By End-users
- 9.4. Key Takeaways
- 10. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 10.2.1. By Country
- 10.2.1.1. Germany
- 10.2.1.2. U.K.
- 10.2.1.3. France
- 10.2.1.4. Spain
- 10.2.1.5. Italy
- 10.2.1.6. Rest of Europe
- 10.2.2. By Delivery Mode
- 10.2.3. By End-users
- 10.3. Market Attractiveness Analysis
- 10.3.1. By Country
- 10.3.2. By Delivery Mode
- 10.3.3. By End-users
- 10.4. Key Takeaways
- 11. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 11.2.1. By Country
- 11.2.1.1. China
- 11.2.1.2. Japan
- 11.2.1.3. South Korea
- 11.2.1.4. Malaysia
- 11.2.1.5. Singapore
- 11.2.1.6. Australia
- 11.2.1.7. Rest of Asia Pacific
- 11.2.2. By Delivery Mode
- 11.2.3. By End-users
- 11.3. Market Attractiveness Analysis
- 11.3.1. By Country
- 11.3.2. By Delivery Mode
- 11.3.3. By End-users
- 11.4. Key Takeaways
- 12. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 12.2.1. By Country
- 12.2.1.1. GCC Countries
- 12.2.1.2. South Africa
- 12.2.1.3. Israel
- 12.2.1.4. Rest of MEA
- 12.2.2. By Delivery Mode
- 12.2.3. By End-users
- 12.3. Market Attractiveness Analysis
- 12.3.1. By Country
- 12.3.2. By Delivery Mode
- 12.3.3. By End-users
- 12.4. Key Takeaways
- 13. Key Countries Market Analysis
- 13.1. U.K.
- 13.1.1. Pricing Analysis
- 13.1.2. Market Share Analysis, 2021
- 13.1.2.1. By Delivery Mode
- 13.1.2.2. By End-users
- 13.2. Canada
- 13.2.1. Pricing Analysis
- 13.2.2. Market Share Analysis, 2021
- 13.2.2.1. By Delivery Mode
- 13.2.2.2. By End-users
- 13.3. Brazil
- 13.3.1. Pricing Analysis
- 13.3.2. Market Share Analysis, 2021
- 13.3.2.1. By Delivery Mode
- 13.3.2.2. By End-users
- 13.4. Mexico
- 13.4.1. Pricing Analysis
- 13.4.2. Market Share Analysis, 2021
- 13.4.2.1. By Delivery Mode
- 13.4.2.2. By End-users
- 13.5. Rest of Latin America
- 13.5.1. Pricing Analysis
- 13.5.2. Market Share Analysis, 2021
- 13.5.2.1. By Delivery Mode
- 13.5.2.2. By End-users
- 13.6. Germany
- 13.6.1. Pricing Analysis
- 13.6.2. Market Share Analysis, 2021
- 13.6.2.1. By Delivery Mode
- 13.6.2.2. By End-users
- 13.7. U.K.
- 13.7.1. Pricing Analysis
- 13.7.2. Market Share Analysis, 2021
- 13.7.2.1. By Delivery Mode
- 13.7.2.2. By End-users
- 13.8. France
- 13.8.1. Pricing Analysis
- 13.8.2. Market Share Analysis, 2021
- 13.8.2.1. By Delivery Mode
- 13.8.2.2. By End-users
- 13.9. Spain
- 13.9.1. Pricing Analysis
- 13.9.2. Market Share Analysis, 2021
- 13.9.2.1. By Delivery Mode
- 13.9.2.2. By End-users
- 13.10. Italy
- 13.10.1. Pricing Analysis
- 13.10.2. Market Share Analysis, 2021
- 13.10.2.1. By Delivery Mode
- 13.10.2.2. By End-users
- 13.11. Rest of Europe
- 13.11.1. Pricing Analysis
- 13.11.2. Market Share Analysis, 2021
- 13.11.2.1. By Delivery Mode
- 13.11.2.2. By End-users
- 13.12. China
- 13.12.1. Pricing Analysis
- 13.12.2. Market Share Analysis, 2021
- 13.12.2.1. By Delivery Mode
- 13.12.2.2. By End-users
- 13.13. Japan
- 13.13.1. Pricing Analysis
- 13.13.2. Market Share Analysis, 2021
- 13.13.2.1. By Delivery Mode
- 13.13.2.2. By End-users
- 13.14. South Korea
- 13.14.1. Pricing Analysis
- 13.14.2. Market Share Analysis, 2021
- 13.14.2.1. By Delivery Mode
- 13.14.2.2. By End-users
- 13.15. Malaysia
- 13.15.1. Pricing Analysis
- 13.15.2. Market Share Analysis, 2021
- 13.15.2.1. By Delivery Mode
- 13.15.2.2. By End-users
- 13.16. Singapore
- 13.16.1. Pricing Analysis
- 13.16.2. Market Share Analysis, 2021
- 13.16.2.1. By Delivery Mode
- 13.16.2.2. By End-users
- 13.17. Australia
- 13.17.1. Pricing Analysis
- 13.17.2. Market Share Analysis, 2021
- 13.17.2.1. By Delivery Mode
- 13.17.2.2. By End-users
- 13.18. Rest of Asia Pacific
- 13.18.1. Pricing Analysis
- 13.18.2. Market Share Analysis, 2021
- 13.18.2.1. By Delivery Mode
- 13.18.2.2. By End-users
- 13.19. GCC Countries
- 13.19.1. Pricing Analysis
- 13.19.2. Market Share Analysis, 2021
- 13.19.2.1. By Delivery Mode
- 13.19.2.2. By End-users
- 13.20. South Africa
- 13.20.1. Pricing Analysis
- 13.20.2. Market Share Analysis, 2021
- 13.20.2.1. By Delivery Mode
- 13.20.2.2. By End-users
- 13.21. Israel
- 13.21.1. Pricing Analysis
- 13.21.2. Market Share Analysis, 2021
- 13.21.2.1. By Delivery Mode
- 13.21.2.2. By End-users
- 13.22. Rest of MEA
- 13.22.1. Pricing Analysis
- 13.22.2. Market Share Analysis, 2021
- 13.22.2.1. By Delivery Mode
- 13.22.2.2. By End-users
- 14. Market Structure Analysis
- 14.1. Competition Dashboard
- 14.2. Competition Benchmarking
- 14.3. Market Share Analysis of Top Players
- 14.3.1. By Regional
- 14.3.2. By Delivery Mode
- 14.3.3. By End-users
- 15. Competition Analysis
- 15.1. Competition Deep Dive
- 15.1.1. Allscripts Healthcare Solutions, Inc.
- 15.1.1.1. Overview
- 15.1.1.2. Product Portfolio
- 15.1.1.3. Profitability by Market Segments
- 15.1.1.4. Sales Footprint
- 15.1.1.5. Strategy Overview
- 15.1.1.5.1. Marketing Strategy
- 15.1.2. Cerner Solutions
- 15.1.2.1. Overview
- 15.1.2.2. Product Portfolio
- 15.1.2.3. Profitability by Market Segments
- 15.1.2.4. Sales Footprint
- 15.1.2.5. Strategy Overview
- 15.1.2.5.1. Marketing Strategy
- 15.1.3. Omnicare, Inc.
- 15.1.3.1. Overview
- 15.1.3.2. Product Portfolio
- 15.1.3.3. Profitability by Market Segments
- 15.1.3.4. Sales Footprint
- 15.1.3.5. Strategy Overview
- 15.1.3.5.1. Marketing Strategy
- 15.1.4. Omnicell, Inc.
- 15.1.4.1. Overview
- 15.1.4.2. Product Portfolio
- 15.1.4.3. Profitability by Market Segments
- 15.1.4.4. Sales Footprint
- 15.1.4.5. Strategy Overview
- 15.1.4.5.1. Marketing Strategy
- 15.1.5. HealthMEDX, LLC
- 15.1.5.1. Overview
- 15.1.5.2. Product Portfolio
- 15.1.5.3. Profitability by Market Segments
- 15.1.5.4. Sales Footprint
- 15.1.5.5. Strategy Overview
- 15.1.5.5.1. Marketing Strategy
- 15.1.6. McKesson Corporation
- 15.1.6.1. Overview
- 15.1.6.2. Product Portfolio
- 15.1.6.3. Profitability by Market Segments
- 15.1.6.4. Sales Footprint
- 15.1.6.5. Strategy Overview
- 15.1.6.5.1. Marketing Strategy
- 15.1.7. Optimus EMR
- 15.1.7.1. Overview
- 15.1.7.2. Product Portfolio
- 15.1.7.3. Profitability by Market Segments
- 15.1.7.4. Sales Footprint
- 15.1.7.5. Strategy Overview
- 15.1.7.5.1. Marketing Strategy
- 15.1.8. PointClickCare
- 15.1.8.1. Overview
- 15.1.8.2. Product Portfolio
- 15.1.8.3. Profitability by Market Segments
- 15.1.8.4. Sales Footprint
- 15.1.8.5. Strategy Overview
- 15.1.8.5.1. Marketing Strategy
- 15.1.9. MatrixCare
- 15.1.9.1. Overview
- 15.1.9.2. Product Portfolio
- 15.1.9.3. Profitability by Market Segments
- 15.1.9.4. Sales Footprint
- 15.1.9.5. Strategy Overview
- 15.1.9.5.1. Marketing Strategy
- 15.1.10. SigmaCare
- 15.1.10.1. Overview
- 15.1.10.2. Product Portfolio
- 15.1.10.3. Profitability by Market Segments
- 15.1.10.4. Sales Footprint
- 15.1.10.5. Strategy Overview
- 15.1.10.5.1. Marketing Strategy
- 16. Assumptions & Acronyms Used
- 17. Research Methodology
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