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.
Access Full Report at https://databridgemarketresearch.com/reports/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.
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.
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.
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Global Long Term Care Software Market – Industry Trends - Forecast to 2026