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(I-SoftwareNews.Com, October 26, 2018 ) Long-term Care Software Market In-depth Analysis:
The Global Long-term Care Software Market was worth USD 1.84 billion in 2018 and estimated to be growing at a CAGR of 12.5%, to reach USD 3.32 billion by 2023. Long-term care is a clinical service which helps both medical and non-medical needs of people with a disability or chronic diseases who cannot take care of themselves. It is concentrated on the individualized and coordinated services which give independence, quality life for the patient and also give services to patient needs from time to time. Various levels of long-term care include day program, home care, nursing home, senior housing, continuing care retirement community, and assisted living.
The long-term software is fully integrated electronic health record and other non-clinical solution to increase patient care, decrease labor cost and maintain compliance. Data is entered into the software where it programs and flows through the system for various facilities. It helps in providing the consolidated reports for multiple facilities, provide good quality care with accurate information, saves time, automatic inter-facility accounting, boosts efficiency and productivity, maintains records over long periods of time and reduces risk of redundancy by eliminating inconsistencies in the documentation.
Increase in aging population, rising prevalence of chronic diseases, the dearth of skilled nursing personnel, rise in disposable income, increasing healthcare reforms and government initiatives, opportunities offered by remote patient monitoring systems and cloud-based software are expected to boost the demand for the Global long-term care software market. However, lack of awareness, high software maintenance cost, the reluctance of conventional LTC providers to adopt software and insufficient government initiatives in developing countries are restraining the growth of the market.
Long-term Care Software Market Segmentation:
Product
Clinical software
EMR/HER
e-Prescribing
Electronic medication administration records
Clinical decision support systems
Non-clinical software
Payroll management and billing
Remote patient monitoring systems
Real-time location systems
Remote training and supervision systems
Invoicing and scheduling software
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Mode of delivery
Cloud-based
Web-based
On-premises
End-user
Home Healthcare
Nursing care
Assisted Living Facilities
Market Geographical Analysis:
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America followed by Europe leads the global market due to the increasing demand for Long-term care software and rising aging population. Asia-Pacific has the fastest growing rate due to the emerging economies and changing population demographics.
Free sample: https://www.marketdataforecast.com/market-reports/long-term-care-software-market-5793/request-sample
Some of the Market key players:
The key players in the Global market are AOD Software, Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, Omnicare, Inc., Omnicell, Inc., Kronos incorporated, HealthMEDX, PointClickCare, Matrix Care, Sigma Care and Optimus EMR.
Market Data Forecast.
Abhishek Shukla
18887029626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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