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Data Bridge Market Research analyses that the Home Healthcare Software Market which is USD 10.30 billion in 2022, is expected to reach USD 20.37 billion by 2030, at a CAGR of 8.9% during the forecast period 2023 to 2030.
Industry Analysis
According to the U.S. Bureau of Labor Statistics, the number of home health aides and personal care aides is expected to rise by 70% between 2010 and 2020, reaching 13 million. Some of the market's drivers include an ageing population, an increased incidence rate of target diseases, and an increasing need to reduce healthcare expenditure as an economically viable initiative. Treatment costs are expected to rise steadily over the forecast period due to the rising prevalence of chronic diseases. This individualized care is a low-cost solution for controlling treatment costs and a high-impact rendering driver for the industry.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Home healthcare software provides a wide range of home healthcare services to treat a variety of illnesses and injuries. It is the result of digital healthcare operations, and its adoption in healthcare is increasing at an impressive rate due to benefits such as cost-effectiveness, convenience, and high quality home care services and treatment. Home healthcare software can be accessed via PC/Laptop or handheld devices/smartphones. Home healthcare services include skilled medical professionals, physical therapy, occupational therapy, speech therapy, and a variety of other services. The rising prevalence of diseases such as cardiovascular, metabolic, Parkinson's, infectious (HIV/AIDS), and others has increased demand for home healthcare. Home healthcare refers to rehabilitation services provided in a patient's home, such as skilled nursing, physical therapy, and occupational therapy.
Global Home Healthcare Software Market Scope
The home healthcare software market is segmented on the basis of equipment, deployment, mode, service, software and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Equipment
· Monitoring Equipment
· Therapeutic Equipment
· Mobility Assist
· Others
Deployment
· On-Premise
· Web-based
· Cloud based
Mode
· PC/Laptop
· Handheld Devices/Smartphones
Service
· Rehabilitation
· Infusion Therapy
· Respiratory Therapy
· Pregnancy Care
· Skilled Nursing
· Palliative Care
· Others
Software
· Agency Software
· Clinical Management Systems
· Hospice Solutions Applications
· Telehealth solutions
End User
· Homecare Agencies
· Hospice Care
· Private Duty Agencies
· Rehabilitation Centres/Therapy Centres
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-home-healthcare-software-market
Home Healthcare Software Market Regional Analysis/Insights
The home healthcare software market is analyzed and market size insights and trends are provided by country, equipment, deployment, mode, service, software and end user as referenced above.
The countries covered in the home healthcare software market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the home healthcare software market due to the presence of major number of players and advanced IT infrastructure in healthcare facilities.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to the rapidly increasing technological and healthcare facilities and high population base.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The home healthcare software market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for home healthcare software market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the home healthcare software market. The data is available for historic period 2011-2021.
Competitive Landscape and Home Healthcare Software Market Share Analysis
The home healthcare software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to home healthcare software market.
Some of the major players operating in the home healthcare software market are:
· Koninklijke Philips N.V. (Netherlands)
· Omron Healthcare, Inc. (Japan)
· Air Liquide (France)
· B. Braun SE (Germany)
· Medtronic (Ireland)
· Davita Inc. (U.S.)
· CARDINAL HEALTH (U.S.)
· Sunrise Medical (U.S.)
· General Electric Company (U.S.)
· A&D Company, Limited (Japan)
· BAYADA Home Health Care (U.S.)
· Invacare Corporation (U.S.)
· Philips Healthcare (Netherlands)
· Fresenious SE & Co KGaA (Germany)
· Baxter (U.S.)
· F. Hoffmann-La Roche Ltd (Switzerland)
· Bupa Home Healthcare, Ltd (U.K.)
· Healthcare at Home (U.K.)
· Linde plc (Germany)
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Global Home Healthcare Software Market by Product & Procedure type
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