Press release
Assisted Living Software Market to Grow at a CAGR of 9.20% to 2021 with Adoption of Analytics
Assisted living facilities use software solutions to manage the comfort, security, and satisfaction of their residents. Assisted living software helps assisted living facilities to improve communication with residents and their families. The software also improves the quality of the services provided by the facility. It helps facilities with functions such as appointment scheduling, resource allocation, and documentation of services provided.Publisher's analysts forecast the global assisted living software market to grow at a CAGR of 9.20% during the period 2017-2021.
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The increasing demand for the integration of electronic medical administration records (eMAR) is one of the key drivers that will influence the market’s growth from 2017 to 2021. The integration of eMAR in assisted living software helps in scheduling and tracking medications, treatments, and supplements. The assisted living software is also used to capture vital signs and blood glucose readings. The integration of eMAR in assisted living software offers various benefits such as the easy usage of charting screens with alerts. It involves medication inventory system, MAR reports, and pharmacy interface.
Key vendors
-American Healthtech
-Yardi Systems
-RealPage
-PointClickCare
-MatrixCare
Other prominent vendors
-AL Advantage
-Assisted Living Soft
-Caremerge
-Carevium
-CareVoyant
-Dude Solutions
-ECP
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Market driver
-Need for workflow automation
Market challenge
-Threat from open-source assisted living software
Market trend
-Increased adoption of analytics in assisted living software
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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