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Global Long Term Care Software Market 2020 Edition Report with Impact of COVID-19|Top Leaders-LTCG; Allscripts; Cerner Corporation; Intellitec Solutions; Sunrise Senior Living; Atria Senior Living, Inc
Global Long Term Care Software Market
According to Data Bridge Market Research new Market report, global long term care software market will account to growth at a healthy CAGR during the forecast period of 2019 to 2026.
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Global Long Term Care Software Market
Long-term care software is the technological service associated with the long-term care provided to chronically ill patients as well as healthcare providers in hospitals, nursing homes and home-based health care facilities. This software includes provision of services such as healthcare aides, transportation services, meal programs, and etc.
Segmentation: Global Long Term Care Software Market
Global long term care software market is segmented on the basis of product, deployment, end user and geography.
By Product (Clinical Software, Non-Clinical Solutions), Deployment Type (Web-Based, On-Premise, Cloud-Based), End-User (Home Care Agencies, Hospice Care Facilities, Nursing Homes & Assisted Care) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN LONG TERM CARE SOFTWARE MARKET
Increased levels of healthcare spending
According to Organisation for Economic Co-Operation and Development, there has been a constant growth in the expenditure incurred by various countries in US dollars per capita; the highest expenditure incurred globally was of United States from 2015-2017, with Switzerland coming second, Luxembourg coming third, Norway and Germany following on fourth and fifth respectively. This subsequent rise in the levels of healthcare expenditure is one of the major drivers behind the growth and adoption of long term care software.
Global Long Term Care Software Market By Product (Clinical Software, Non-Clinical Solutions), Deployment Type (Web-Based, On-Premise, Cloud-Based), End-User (Home Care Agencies, Hospice Care Facilities, Nursing Homes & Assisted Care), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
The Objective of This Report:
The Global Long Term Care Software Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the Global Long Term Care Software Market. The report focuses on well-known providers in the Global Long Term Care Software Market industry, market segments, competition, and the macro environment.
Under COVID-19 Outbreak, how the Global Long Term Care Software Market Industry will develop is also analyzed in detail in this report.
Competitive Analysis:
Global long term care software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of long term care software market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the long term care software market are LTCG; Allscripts; Cerner Corporation; Intellitec Solutions; Sunrise Senior Living; Atria Senior Living, Inc.; ADL Data Systems, Inc.; CVS Health; Omnicell, Inc.; Netsmart Technologies, Inc.; ResMed; McKesson Corporation; Optimus EMR; PointClickCare; MatrixCare; BlueStrata EHR and Kronos Incorporated.
Market Definition:
Long term care software is the technological service/solution that is used for meeting the clinical and non-clinical needs of patients and healthcare providers in hospitals, home care, nursing facilities and various other healthcare providing areas. These services provide ease of operations and better effectiveness in providing the healthcare facilities, thereby reducing healthcare costs and achieving efficiency.
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Global Long Term Care Software Market report effectively provides required features of the global market for the population and for the business looking people for mergers & acquisitions, making investments, new vendors or concerned in searching for the appreciated global market research facilities. It offers sample on the size, offer, and development rate of the market. The Global Long Term Care Software Market report provides the complete structure and fundamental overview of the industry market.
Market Drivers
Increasing number of chronically ill patients which has been a result of increasing geriatric population; this factor is expected to act as a driver for the market growth
Lack of the skilled staff and professionals for the provision of proper healthcare services is expected to drive the market growth
Market Restraints
Lack in adoption and persistence to stick with traditional methods of providing healthcare services and solutions is expected to restrain the market growth
Requirement of large capital funding for installation and maintenance of this service; this factor is expected to act as a restraint to the market growth
Segmentation: Global Long Term Care Software Market
By Product
Clinical Software
Electronic Health Records
E-Prescribing
Electronic Medication Administration Records
Clinical Decision Support System
Non-Clinical Solutions
Real-Time Location Systems
Remote Patient Monitoring Systems
Remote Training & Supervision Systems
Payroll Software
Billing, Invoicing & Scheduling Software
Talent Management Software
By Deployment Type
Web-Based
On-Premise
Cloud-Based
By End-User
Home Care Agencies
Hospice Care Facilities
Nursing Homes & Assisted Care
Key Developments in the Market:
In November 2018, ResMed announced that they had completed the USD 750 million acquisition of MatrixCare. This acquisition will complement and enhance the current services portfolio of ResMed for SaaS (Software-as-a-Service) for out-of-hospital patients.
In June 2018, McKesson Corporation announced that they had completed the acquisition of Medical Specialties Distributors for USD 800 million. This acquisition will help in McKesson Corporation in providing enhanced products and services to an even larger consumer base.
For More Insights Get FREE Detailed TOC @
https://www.databridgemarketresearch.com/toc/?dbmr=global-long-term-care-software-market&pm
Reasons to Purchase this Report
Current and future of global long term care software market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Data Bridge Market Research
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About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
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