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According to Stratistics MRC, the Global Home Healthcare Software and Services market is accounted for $5.02 billion in 2016 and is expected to reach $12.74 billion by 2023 growing at a CAGR of 14.2%. Rising geriatric population, supportive government initiatives and cost effectiveness are some of the factors driving the market. In addition, increasing market for telehealth technology, raising smartphone penetration and technological advancements are some of the other factors boosting the home healthcare software and services market. However, data insecurity, lack of skilled people and high maintenance costs are the factors restricting the market growth.
Cloud based home healthcare software & services segment is expected to witness the highest share during the forecast period. The favorable growth is attributed to its accessibility and data storage. Non-clinical application segment is dominating the global market with largest market share during the forecast period. Patient scheduling, referral management, cost efficient services are some of the beneficial factors assisting non-clinical applications growth. Besides, clinical application segment is projected to grow at higher CAGR from 2016 to 2023.
North America accounted for the largest share in the global market owing to adoption of technology and advanced healthcare infrastructure. However, Asia Pacific is expected to witness highest growth on account of rapidly expanding healthcare infrastructure and rising awareness about usage of home healthcare software and services in China, Indonesia and India.
Some of the key players in global home healthcare software and services market include Hearst Corporation, Thornberry Limited, Allscripts Healthcare Solutions, Inc., Novarad Corporation, Cerner Corporation, NextGen Healthcare Information System LLC, Athenahealth, Inc., Medical Information Technology, Inc. (Meditech), Carestream Health, Inc., Siemens Healthcare, Agfa Healthcare , Kinnser Software, Inc., Delta Health Technologies, Continulink Llc, McKesson Corporation, GE Healthcare, Healthmedx and Epic.
Components Covered:
• Services
• Software
Product Types Covered:
• Hospice Solutions
• Clinical Management Systems
• Agency Homecare Software
• Telehealth Solutions
• Other Product Types
Mode of Usages Covered:
• Handheld Device/Smartphone
• Pc/Laptop
Delivery Modes Covered:
• On-Premise Home Healthcare Software & Services
• Web-Based Home Healthcare Software & Services
• Cloud-Based Home Healthcare Software & Services
Applications Covered:
• Clinical Application
• Non-Clinical Application
End Users Covered:
• Hospice Care
• Rehabilitation Centers/Therapy Centers
• Homecare Agencies
• Private Duty Agencies
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Cloud based home healthcare software & services segment is expected to witness the highest share during the forecast period. The favorable growth is attributed to its accessibility and data storage. Non-clinical application segment is dominating the global market with largest market share during the forecast period. Patient scheduling, referral management, cost efficient services are some of the beneficial factors assisting non-clinical applications growth. Besides, clinical application segment is projected to grow at higher CAGR from 2016 to 2023.
North America accounted for the largest share in the global market owing to adoption of technology and advanced healthcare infrastructure. However, Asia Pacific is expected to witness highest growth on account of rapidly expanding healthcare infrastructure and rising awareness about usage of home healthcare software and services in China, Indonesia and India.
Some of the key players in global home healthcare software and services market include Hearst Corporation, Thornberry Limited, Allscripts Healthcare Solutions, Inc., Novarad Corporation, Cerner Corporation, NextGen Healthcare Information System LLC, Athenahealth, Inc., Medical Information Technology, Inc. (Meditech), Carestream Health, Inc., Siemens Healthcare, Agfa Healthcare , Kinnser Software, Inc., Delta Health Technologies, Continulink Llc, McKesson Corporation, GE Healthcare, Healthmedx and Epic.
Components Covered:
• Services
• Software
Product Types Covered:
• Hospice Solutions
• Clinical Management Systems
• Agency Homecare Software
• Telehealth Solutions
• Other Product Types
Mode of Usages Covered:
• Handheld Device/Smartphone
• Pc/Laptop
Delivery Modes Covered:
• On-Premise Home Healthcare Software & Services
• Web-Based Home Healthcare Software & Services
• Cloud-Based Home Healthcare Software & Services
Applications Covered:
• Clinical Application
• Non-Clinical Application
End Users Covered:
• Hospice Care
• Rehabilitation Centers/Therapy Centers
• Homecare Agencies
• Private Duty Agencies
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
