The global long-term care software market size is estimated to be valued at USD 3,877 Million in 2022 and is anticipated to surpass USD 10,988 Million by 2032, with a CAGR of 11% during the forecast period (2022 to 2032).
| Report Attribute | Details |
|---|---|
| Long-term Care Software Market Value (2022) | USD 3,877 million |
| Long-term Care Software Market Anticipated Forecast Value (2032) | USD 10,988 million |
| Long-term Care Software Market Projected Growth Rate (2022 to 2032) | 11% |
The long-term care software market share is anticipated to be driven by increasing elderly population.
Furthermore, the sales of long-term care software are projected to grow in hospitals, home care settings, nursing homes, and other healthcare delivery settings.
Long-term care software is a technical service or solution that is utilized to address the clinical and non-clinical demands of patients and healthcare professionals. Due to these factors the demand for long-term care software is anticipated to grow during the forecast period.
The long-term care software programs make operating healthcare facilities simpler and more effective, which lowers healthcare expenses and improves efficiency.
The vital factor accelerating the demand for long-term care software is the rise in chronically ill patients as a result of the aging population.
Other factors propelling the demand for long-term care software include the need for lower healthcare costs, more nursing staff and doctors, more healthcare reforms and government initiatives.
Furthermore, the long-term care software market size is projected to grow due to the aging population, and the rising shortage of skilled staff and professionals for the provision of proper healthcare services.
Additionally, the industry is seeing increased remote patient monitoring, and the long-term care software market is expected to see increased demand for cloud-based software throughout the anticipated period of 2022 to 2032.
The demand for long-term care software is expanding as a result of the digitalization of healthcare technologies. The long-term care software market's primary growth drivers include changing healthcare infrastructure, a staffing shortage, and the use of technological solutions in healthcare institutions.
The sales of long-term care software are also expanding due to a shortage of healthcare professionals and various efforts made by governments around the world to lower medical costs.
In addition, the rising use of mobile devices in healthcare organizations and the rise in the number of healthcare organizations are the major drivers of the long-term care software market expansion.
Due to advancements in the effectiveness and safety of drug treatment over the past few years, long-term care software has attracted a great deal of attention.
The primary reason driving the increase in demand for long-term care software is the growing requirement for healthcare IT solutions to boost long-term care facilities' operational effectiveness.
The long-term care software market outlook is expanding due to numerous government initiatives taken by governments around the world to reduce the rising expense of healthcare.
Applications of long-term care software, such the long-term care software, can manage remote patient video conferencing, scheduling, and messaging, analyze millions of data records, and swiftly identify possible difficulties before they become problems.
The primary factor that could hinder the growth of the long-term care software market in the near future is the high cost of software maintenance.
Furthermore, another possible challenge impeding the growth of the long-term care software industry in the near future is the resistance of the traditional long-term care providers to adopt new software.
Due to the widespread use of long-term care software in this region, North America dominates the global long-term care software market with a share of 30.0%.
Due to the healthcare sector's rapid development and the widespread use of web-based and cloud-based long-term care software in developing nations, Europe is one of the regions with the highest expectations for growth in the long-term care software market.
Europe is anticipated to hold 19.7% of the overall long-term care software market share. Due to the healthcare industry's rapid infrastructure development, Europe's long-term care software market is anticipated to increase its share significantly throughout 2032.
Additionally, due to government initiatives in the healthcare sector by emerging economies like India, China, and Japan, APAC is anticipated to have the greatest growth in the long-term care software market.
The National Institute on Aging (NIA) supports and assists in undertaking research on aging, as well as the health and wellbeing of senior citizens.
The National Association of States United for Aging and Disabilities (NASUAD), the Long-Term Care Choices Navigator in Minnesota, the Massachusetts Department of Elder Affairs, and the Georgia Department of Human Services (DHS) Division of Aging Services are just a few of the state-level initiatives.
Due to the advancement of digital technologies and the rising use of mobile devices in the region's healthcare industry, the long-term care software market in Latin America and MEA is anticipated to experience rapid expansion over the next years.
Allscripts Healthcare Solutions, Inc., Cerner Solutions, Omnicare, Inc., Omnicell, Inc., HealthMEDX, LLC, McKesson Corporation, Optimus EMR, Inc., PointClickCare, MatrixCare, and SigmaCare are some of the key players in long-term care software market.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 11% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2014 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Delivery modes, End-users, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | Cerner Corporation; Omnicare Inc; AOD Software; Kronos; PointClickCare; Omnicell, Inc; McKesson Corporation; Allscripts Healthcare Solutions, Inc.; MatrixCare; SigmaCare; Optimus EMR; HealthMEDX LLC. |
| Customization | Available Upon Request |
Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Market Value (US$ Mn) Forecast by Delivery Mode, 2017-2032
Table 3: Global Market Value (US$ Mn) Forecast by End-users, 2017-2032
Table 4: North America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 5: North America Market Value (US$ Mn) Forecast by Delivery Mode, 2017-2032
Table 6: North America Market Value (US$ Mn) Forecast by End-users, 2017-2032
Table 7: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: Latin America Market Value (US$ Mn) Forecast by Delivery Mode, 2017-2032
Table 9: Latin America Market Value (US$ Mn) Forecast by End-users, 2017-2032
Table 10: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 11: Europe Market Value (US$ Mn) Forecast by Delivery Mode, 2017-2032
Table 12: Europe Market Value (US$ Mn) Forecast by End-users, 2017-2032
Table 13: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Asia Pacific Market Value (US$ Mn) Forecast by Delivery Mode, 2017-2032
Table 15: Asia Pacific Market Value (US$ Mn) Forecast by End-users, 2017-2032
Table 16: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 17: MEA Market Value (US$ Mn) Forecast by Delivery Mode, 2017-2032
Table 18: MEA Market Value (US$ Mn) Forecast by End-users, 2017-2032
Figure 1: Global Market Value (US$ Mn) by Delivery Mode, 2022-2032
Figure 2: Global Market Value (US$ Mn) by End-users, 2022-2032
Figure 3: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 7: Global Market Value (US$ Mn) Analysis by Delivery Mode, 2017-2032
Figure 8: Global Market Value Share (%) and BPS Analysis by Delivery Mode, 2022-2032
Figure 9: Global Market Y-o-Y Growth (%) Projections by Delivery Mode, 2022-2032
Figure 10: Global Market Value (US$ Mn) Analysis by End-users, 2017-2032
Figure 11: Global Market Value Share (%) and BPS Analysis by End-users, 2022-2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by End-users, 2022-2032
Figure 13: Global Market Attractiveness by Delivery Mode, 2022-2032
Figure 14: Global Market Attractiveness by End-users, 2022-2032
Figure 15: Global Market Attractiveness by Region, 2022-2032
Figure 16: North America Market Value (US$ Mn) by Delivery Mode, 2022-2032
Figure 17: North America Market Value (US$ Mn) by End-users, 2022-2032
Figure 18: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 19: North America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 22: North America Market Value (US$ Mn) Analysis by Delivery Mode, 2017-2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Delivery Mode, 2022-2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Delivery Mode, 2022-2032
Figure 25: North America Market Value (US$ Mn) Analysis by End-users, 2017-2032
Figure 26: North America Market Value Share (%) and BPS Analysis by End-users, 2022-2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by End-users, 2022-2032
Figure 28: North America Market Attractiveness by Delivery Mode, 2022-2032
Figure 29: North America Market Attractiveness by End-users, 2022-2032
Figure 30: North America Market Attractiveness by Country, 2022-2032
Figure 31: Latin America Market Value (US$ Mn) by Delivery Mode, 2022-2032
Figure 32: Latin America Market Value (US$ Mn) by End-users, 2022-2032
Figure 33: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 34: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 37: Latin America Market Value (US$ Mn) Analysis by Delivery Mode, 2017-2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Delivery Mode, 2022-2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Delivery Mode, 2022-2032
Figure 40: Latin America Market Value (US$ Mn) Analysis by End-users, 2017-2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by End-users, 2022-2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by End-users, 2022-2032
Figure 43: Latin America Market Attractiveness by Delivery Mode, 2022-2032
Figure 44: Latin America Market Attractiveness by End-users, 2022-2032
Figure 45: Latin America Market Attractiveness by Country, 2022-2032
Figure 46: Europe Market Value (US$ Mn) by Delivery Mode, 2022-2032
Figure 47: Europe Market Value (US$ Mn) by End-users, 2022-2032
Figure 48: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 49: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 52: Europe Market Value (US$ Mn) Analysis by Delivery Mode, 2017-2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Delivery Mode, 2022-2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Delivery Mode, 2022-2032
Figure 55: Europe Market Value (US$ Mn) Analysis by End-users, 2017-2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by End-users, 2022-2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by End-users, 2022-2032
Figure 58: Europe Market Attractiveness by Delivery Mode, 2022-2032
Figure 59: Europe Market Attractiveness by End-users, 2022-2032
Figure 60: Europe Market Attractiveness by Country, 2022-2032
Figure 61: Asia Pacific Market Value (US$ Mn) by Delivery Mode, 2022-2032
Figure 62: Asia Pacific Market Value (US$ Mn) by End-users, 2022-2032
Figure 63: Asia Pacific Market Value (US$ Mn) by Country, 2022-2032
Figure 64: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 65: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 66: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 67: Asia Pacific Market Value (US$ Mn) Analysis by Delivery Mode, 2017-2032
Figure 68: Asia Pacific Market Value Share (%) and BPS Analysis by Delivery Mode, 2022-2032
Figure 69: Asia Pacific Market Y-o-Y Growth (%) Projections by Delivery Mode, 2022-2032
Figure 70: Asia Pacific Market Value (US$ Mn) Analysis by End-users, 2017-2032
Figure 71: Asia Pacific Market Value Share (%) and BPS Analysis by End-users, 2022-2032
Figure 72: Asia Pacific Market Y-o-Y Growth (%) Projections by End-users, 2022-2032
Figure 73: Asia Pacific Market Attractiveness by Delivery Mode, 2022-2032
Figure 74: Asia Pacific Market Attractiveness by End-users, 2022-2032
Figure 75: Asia Pacific Market Attractiveness by Country, 2022-2032
Figure 76: MEA Market Value (US$ Mn) by Delivery Mode, 2022-2032
Figure 77: MEA Market Value (US$ Mn) by End-users, 2022-2032
Figure 78: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 79: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 80: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 81: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 82: MEA Market Value (US$ Mn) Analysis by Delivery Mode, 2017-2032
Figure 83: MEA Market Value Share (%) and BPS Analysis by Delivery Mode, 2022-2032
Figure 84: MEA Market Y-o-Y Growth (%) Projections by Delivery Mode, 2022-2032
Figure 85: MEA Market Value (US$ Mn) Analysis by End-users, 2017-2032
Figure 86: MEA Market Value Share (%) and BPS Analysis by End-users, 2022-2032
Figure 87: MEA Market Y-o-Y Growth (%) Projections by End-users, 2022-2032
Figure 88: MEA Market Attractiveness by Delivery Mode, 2022-2032
Figure 89: MEA Market Attractiveness by End-users, 2022-2032
Figure 90: MEA Market Attractiveness by Country, 2022-2032
The global long-term care software market is set to advance at a CAGR of 11% from 2022 to 2032.
North America is anticipated to hold a long-term care software market share of 30%.
The long-term care software market is likely to account for USD 10,988 Million by 2032.
Explore Vertical Solution Insights
Long-term Care Software Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
