Global Long-term Care Software Market 2017- Research Report
Long-term Care Software market report focus on North America and Regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and., major types, major applications and. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and.
Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.
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This report provides valuable information for companies like manufacturers, suppliers, distributors, traders, customers, investors and individuals who have interests in this industry.Major companies are as follows:
Allscripts Healthcare Solutions; Inc.
Changes in population demographics have driven the demand for long-term care services, and by extension the need for healthcare IT solutions to increase work efficiency at LTC facilities across the globe.
The report analyses the long-term care software market by product, mode of delivery, and end users. The long-term care software market, by product, is segmented into clinical software and non-clinical software.
The clinical software is further segmented into EMR/EHR, e-prescribing, electronic medication administration records, and clinical decision support systems. The non-clinical software segment is further segmented into real-time location systems, remote patient monitoring systems, remote training and supervision systems, talent management, payroll management, and billing, invoicing and scheduling software.
The market, by mode of delivery, includes on-premise, web based, and cloud-based software.
The major end users of the long-term care software are home health agencies, nursing homes and assisted living facilities, and hospice facilities. The report provides information on the geographic make-up of this market as well, split across major regions—North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
The global long-term care software market is expected to grow at a CAGR of 12.7% during the forecast period of 2014 to 2019 and reach $2,074.0 million by 2019. Factors such as increase in aging population, dearth of skilled nursing personnel, and increasing healthcare reforms and government initiatives are expected to propel the demand for LTC software across the globe.
Similarly, opportunities offered by remote patient monitoring systems and cloud-based software are expected to boost the demand for LTC software. However, the reluctance of conventional LTC providers to adopt software and the high maintenance costs of this software are impeding the growth of this market to a certain extent.
Moreover, the lack of awareness and insufficient government initiatives in developing countries have resulted in poorer adoption of LTC software.
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