Report Id: SNS/HC/2426 | July 2022 | Region: Global | 140 Pages
The Home Healthcare Software - Product & Service Market Size was valued at USD 10.69 billion in 2022, and expected to reach USD 30.08 billion by 2030, and grow at a CAGR of 13.8% over the forecast period 2023-2030.
Health care information technology includes home healthcare software, which aims to offer a variety of in-home health care services for the treatment of different diseases and injuries. Given the growing strain on healthcare spending globally, it is anticipated that the provision of care in settings other than acute settings will play a crucial role in healthcare reform. And to help with this, technical advancements have led to the creation of medical devices that may be employed in non-acute care settings. Customers view homecare as a more affordable and cozy option to institutionalized care.
Home Care Software Adoption: A Practical Approach to Reducing Healthcare Costs
Market growth will be driven by the cost-effective results of using home care software
The increased prevalence of chronic diseases caused by an aging population increases the demand for home care services.
A shortage of medical personnel will result in a greater demand for home care services.
Adoption of home care software and services is facilitated by government support and healthcare reforms.
Home care providers' demand for electronic documentation from the point of care will be managed by Oasis Documentation.
Adoption of Homecare Software: A Realistic Method to Reduce Healthcare Costs
Security Issues and Increasing Numbers of Data Breach
The market's growth would be hampered by a loss of confidentiality.
The market will be hampered by high maintenance and service costs.
The Homecare Systems Market Has a Lot of Potential in Apac Countries.
A Chance for The Homecare Market Given the Delivery Method Of Cloud Computing
The market for homecare will have opportunity as a result of the shifting trend toward telehealth technology.
Growing Use of Smart Phones, Tablets, and PDAs Will Drive Uptake of Homecare Software
The demand for software testing and development will rise as a result of the Icd-10 conversion system.
The uneven structure of the home healthcare software market
Lack of technical and on-site support
IMPACT OF COVID-19
Due to the lack of access to medical services for the treatment of chronic illnesses, the care of the elderly, and post-infection rehabilitation, COVID-19 has overrun home healthcare agencies with people.
The need for home care brought on by COVID-19, the rise in chronic medical illnesses, and the rising elderly population are all expected to have a positive impact on the market for home healthcare.
The market for home healthcare software is split into clinical and non-clinical categories. The clinical section includes electronic point-of-care documentation, medication management, homecare-EMR, and other features including a doctors' portal. The non-clinical homecare software is divided into different categories, including billing and scheduling, accounting, payroll, homecare-CRM, and others. The market for home healthcare software and services worldwide was dominated by non-clinical applications, and it is predicted that this industry will continue to develop fastest.
The study takes into account three main delivery methods: on-premises, and cloud computing.
The homecare software industry is split up into categories such as homecare agencies, hospice agencies, private duty, and others like rehabilitation centers in order to better comprehend the end-user perspective. The private duty center had the fastest-growing share and the largest portion was taken by homecare agencies.
Some of the major key players are as follows: Thornberry Ltd., Medical Information Technology, Inc., Delta Health Technologies, Inc., NXGN Management, LLC, EPIC Home Healthcare, Athena Health Care Systems, McKesson Medical-Surgical Inc., CARECENTA, INC., Netsmart Technologies, Inc., Cerner Corporation, Siemens Healthcare GmbH.
Clinical Management System
Clinical homecare solutions
Non-clinical homecare solutions
By Delivery Mode
The global market for home healthcare software - products and services is trending due to an older population and technological improvements in the healthcare sector. Nevertheless, the development of the market will be constrained by evolving technologies and regulatory barriers for new age devices. In the Home Healthcare Software - Product & Service Market, APAC is expected to grow at the greatest rate during the forecast period, followed by North America and Europe. The demand for inexpensive healthcare delivery systems, rising disposable income levels, and the growth of home health care businesses in this region will all contribute to the
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 10.69 Billion|
|Market Size by 2030||US$ 30.08 Billion|
|CAGR||CAGR of 13.8% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Product (Agency software, Clinical Management System, Hospice solutions, Telehealth solutions)
• By Application (Clinical homecare solutions, non-clinical homecare solutions)
• By Delivery Mode (On-premises, Cloud-based)
• By Component (Software, Service)
• By End-User (Homecare Agency, Hospice Agency, Private Duty)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Thornberry Ltd., Medical Information Technology, Inc., Delta Health Technologies, Inc., NXGN Management, LLC, EPIC Home Healthcare, Athena Health Care Systems|
|Key Drivers||• Home Care Software Adoption: A Practical Approach to Reducing Healthcare Costs
• Market growth will be driven by the cost-effective results of using home care software
|RESTRAINTS||• Security Issues and Increasing Numbers of Data Breach
• The market's growth would be hampered by a loss of confidentiality.
Frequently Asked Questions (FAQ) :
Table of Content:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Home Healthcare Software - Product & Service Market Segmentation, By Product
8.1 Agency software
8.2 Clinical Management System
8.3 Hospice solutions
8.4 Telehealth solutions
9. Home Healthcare Software - Product & Service Market Segmentation, By Application
9.1 Clinical homecare solutions
9.2 non-clinical homecare solutions
10. Home Healthcare Software - Product & Service Market Segmentation, By Delivery Mode
11. Home Healthcare Software - Product & Service Market Segmentation, By Component
12. Home Healthcare Software - Product & Service Market Segmentation, By End-User
12.2 Hospice Agency
12.3 Private Duty
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14.1 Thornberry Ltd.
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Medical Information Technology, Inc.
14.3 Delta Health Technologies, Inc.
14.4 NXGN Management, LLC
14.5 EPIC Home Healthcare
14.6 Athena Health Care Systems
14.7 McKesson Medical-Surgical Inc.
14.8 CARECENTA, INC.
14.9 Netsmart Technologies, Inc.
14.10 Cerner Corporation
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
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