Long Term Care Software Market Size, Share, Report, Analysis, Trends & Forecast to 2026

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According to Stratistics MRC, the Global Long Term Care Software market accounted for $1,620.32 million in 2017 and is expected to reach $5,570.60 million by 2026 growing at a CAGR of 14.7% during the forecast period.

-- Increasing aging population, growing healthcare developments and government initiatives & digitalization in healthcare technology are some key driving factors for the market growth. However, factors such as low adoption of software in developing economics and high costs of maintaining software’sare hindering the market growth.

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Long-term care is a service which helps meet medical and non-medical needs of people with chronic illnesses or disabilities. It involves a variety of services designed to meet a person’s health or personal care needs during a short or long period of time. Long-term care software solutions are fully-integrated electronic health record, billing and business intelligence solution which allows healthcare facilities to enhance 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.

Based on End-user, Home Healthcare Agencies held considerable market share during the forecast period. Home health care agencies hire healthcare professionals such as nurses, home health care aides, therapists, and homemakers for home-based services. Home-based services involve personal care, such as help with bathing, dressing, and taking medications, and supervision to make sure a person is safe. By geography, North America is expected to grow at a faster rate due torise in aging population and technological higher penetration across the region. Long-Term care services provided by paid, regulated providers are a significant component of personal health care spending in the United States.

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Some of the key players profiled in the Long term care Software market include Cerner Corporation, Omnicare, Inc., Kronos Incorporated, Optimus Emr , Sigmacare, Allscripts Healthcare Solutions, Inc., Mckesson Corporation, Omnicell, Inc., Healthmedx, Matrix Care, Pointclickcare, Aod Software (Advanced Answers On Demand, Inc.), Long Term Care Group, Inc., Intellitec Solutions and ADL Data Systems, Inc.

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Products Covered:
• Non-Clinical Solutions
• Clinical Software

Deployments Covered:
• Web Based
• On Premise
• Cloud Based

End-Users Covered:
• Hospice Care Facilities
• Nursing Homes And Assisted Living Facilities
• Home Healthcare Agencies
• Other End Users

Regions Covered:

North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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