Press release
Home Healthcare Software Market - Technological Innovations to Boost the Market Growth By 2026; Global Top Vendors Agfa Healthcare, Mckesson Corporation, NextGen Healthcare Information System LLC, GE Healthcare, MEDITECH, Siemens Healthcare
Global Home Healthcare Software Market
Until recently, medical documentation involved cumbersome paperwork. Technological advancements and the introduction of advanced software has eased the way industry uses to operate, making work process easier and more efficient. Healthcare industry has greatly benefitted from the integration of IT systems. With technological advancements, home healthcare software such as telehealth solutions and clinical management systems are available in the market.
Home healthcare enables healthcare services to be delivered at the patient’s home – thereby alleviating healthcare costs.
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Population aged above 65 years forms the bulk of home healthcare software market
The home healthcare market is driven by various sociological, demographics, and macroeconomic factors, most notably the integration of information technology solutions in the healthcare industry to meet challenges in patient data retrieval, payment, and claim processing as well as storage and accessibility. This is further propelled by government initiatives to improve healthcare infrastructure.
High prevalence of chronic disorders among geriatric population in turn fuels demand nursing homes and assisted living care facilities for specialized attention. However, the introduction of home healthcare software solutions is expected to bridge the gap between geriatric patient expectation and healthcare providers. The system offers solutions at the patient’s home, thereby minimizing overall operational cost and high ROI for providers as well.
Major Companies Contributing To The Global Home Healthcare Software Market:
Agfa Healthcare, Mckesson Corporation, NextGen Healthcare Information System LLC, GE Healthcare, MEDITECH, Medical Information Technology, Inc. (Meditech), Cerner Corporation, Siemens Healthcare and Allscripts Healthcare Solutions, Inc.
Home Healthcare Software Market Taxonomy:
Coherent Market Insights (Cmi) Has Segmented The Home Healthcare Software Market By:
Product Type
Therapeutic Application
Devices
Platform
End User
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By product type, the home healthcare software market has been segmented into agency homecare software, hospice solutions, telehealth solutions, clinical management systems, and others.
On the basis of therapeutic application, CMI has segmented the home healthcare software market into clinical and non-clinical solutions. The clinical segment is expected to grow at an impressive rate over the forecast period.
On the basis of devices, mobile devices are expected to gain traction over laptop and tablet in the home healthcare software market.
Homecare agencies and hospice agencies are key end-use segments in the home healthcare software market.
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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