Home Healthcare Software Market

Home Healthcare Software Market - Size, Share,
Growth, Outlook, and Opportunity Analysis,
The entry of new companies in the market and significant development in the macroeconomic
conditions worldwide is expected boost growth of the home healthcare software market during 20162024. Conventional methods in home healthcare services included cumbersome paper work.
However, increasing technological advancements and launch of advanced software has made home
healthcare services more convenient and efficient. The integration of IT systems in the healthcare
sector has offered several advantages. Healthcare software such as telehealth solutions and clinical
management systems are available in the market. The major advantage of home healthcare software
is the decrease in healthcare expenditure.
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Increasing geriatric population is expected to boost growth of the home healthcare software
Various sociological, demographics, and macroeconomic factors, especially the integration of
information technology in the healthcare sector boost growth of the market. The integration of
information technology in the healthcare sector aids in overcoming the issue of retrieving patient
data, payment and claim processing, and storage and accessibility. Favorable government
initiatives to improve healthcare infrastructure is also expected to boost the market growth.
Increasing geriatric population prone to chronic diseases is expected to lead to high demand for
nursing homes and assisted living care facilities for specialized attention. Moreover, launch of
home healthcare software solutions is expected to increase convenience of both geriatric
patients and healthcare providers as such solutions minimize the overall operational costs and
offer high ROI for providers.
Alignment between payers and providers along with access to electronic health
records has boosted overall North America home healthcare software market growth
Among regions, North America is expected to dominate the global home healthcare software
market throughout the forecast period. However, the market in the region is expected to lose
considerable market share to developing regions, namely Latin America and Asia. Growth of the
market in the region is primarily driven by increasing demand in the U.S., accounting for over
85% of overall market. Technological advancements along with high healthcare spending across
all verticals is expected to propel market growth. Moreover, health awareness level among the
population in developed regions is high compared to other regions. However, the market in
Canada is expected to witness sluggish growth over the forecast period.
Report includes chapters which deeply display the following deliverable about industry :
• Home Healthcare Software Market Research Objective and Assumption
• Home Healthcare Software Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Home Healthcare Software Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value
Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Home Healthcare Software Market, By Regions
• Home Healthcare Software Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Home Healthcare Software Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Home Healthcare Software Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning
and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Home Healthcare Software Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Some of the major companies contributing to the global home healthcare software
market are Agfa Healthcare, Mckesson Corporation, NextGen Healthcare Information
System LLC, GE Healthcare, MEDITECH, Medical Information Technology, Inc.
(Meditech), Cerner Corporation, Siemens Healthcare and Allscripts Healthcare
Solutions, Inc.
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Home Healthcare Software Market Taxonomy:
Coherent Market Insights (CMI) has segmented the home healthcare software market by:
Product Type
Therapeutic Application
End User
By product type, the home healthcare software market has been segmented into agency
homecare software, hospice solutions, telehealth solutions, clinical management systems, and
On the basis of therapeutic application, CMI has segmented the home healthcare software
market into clinical and non-clinical solutions. Clinical segment is expected to grow at impressive
rate over the forecast period.
On the basis of devices, mobile devices are expected to gain traction over laptop and tablet in
the home healthcare software market.
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