The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing number of healthcare organisations is likely to stimulate innovation in long-term care software manufacturing, hence propelling the market during the forecast period.

The global long term care software market is expected to grow from $3.85 billion in 2022 to $4.32 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The global long term care software market is expected to reach $6.85 billion in 2027 at a CAGR of 12.2%.

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Global Long Term Care Software Market Segments Include:

• By Product: Clinical Software, Non-Clinical Solutions
• By Deployment Type: Web-Based, On-Premises, Cloud-Based
• By End-User: Home Healthcare Agencies, Hospice Care Facilities, Nursing Homes And Assisted Living Facilities
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global long term care software market in 2021.

Major Market Players in the long term care software market include McKesson Corporation, Optimus EMR, PointClickCare Corp., Matrixcare Inc., Allscripts Healthcare Solutions, Kronos Inc., AOD Software, Netsmart Technologies Inc.

Technological developments are a major trend that is gaining traction in the long-term care software market. To maintain their market position, major players in the long-term care software market are embracing new technology. For example, in February 2022, Creative Solutions in Healthcare, a US-based healthcare company, introduced Connected Care Centre, a software platform. The Connected Care Centre is a user-friendly and simply available resident health information centre that provides residents, authorised family members, and friends with access to current health data.

The Long Term Care Software Global Market Report 2023  provides a long term care software market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The long term care software market forecast analyzes long term care software market size, long term care software market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Long-term care software is a tool for managing the workflows, data, tracking, and administration of long-term care facilities, patients, and employees, as well as providing analytical analytics and faster communication between patients and care providers.

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