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North America Long-term Care Software Market Size, Share & Trends Analysis Report By Mode of Delivery (Cloud Based, On Premise, and Web Based), By Application, By End Use, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Nov 08, 2024
Length 100 Pages
SKU # KBV19312543

Description

North America Long-term Care Software Market Size, Share & Trends Analysis Report By Mode of Delivery (Cloud Based, On Premise, and Web Based), By Application, By End Use, By Country and Growth Forecast, 2024 - 2031


The North America Long-term Care Software Market would witness market growth of 7.2% CAGR during the forecast period (2024-2031).

The US market dominated the North America Long-term Care Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,705.6 million by 2031. The Canada market is experiencing a CAGR of 9.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.6% during (2024 - 2031).

This market is an increasingly vital segment of healthcare technology. As populations age, the demand for efficient, effective, and high-quality long-term care (LTC) services has surged, prompting innovations in software solutions designed to meet these needs. This software encompasses a variety of applications aimed at improving the management of care for the elderly and those with chronic illnesses or disabilities, optimizing operational efficiency for care providers, and enhancing the overall quality of care delivered.

This software is designed to address many needs within care facilities, including nursing homes, assisted living facilities, hospice care, and home healthcare services. Electronic Health Records (EHR) systems tailored for long-term care environments help maintain comprehensive and accurate patient records, facilitating better care coordination and continuity. These systems store detailed health information, including medical history, medication lists, treatment plans, and progress notes, ensuring that all healthcare providers can access the most current patient data.

In the U.S., where health spending accounted for 17.3% of the nation’s Gross Domestic Product in 2022, healthcare efficiency has become a critical focus. With an aging population and rising incidences of chronic diseases, the demand for long-term care services is expected to increase. This software is vital in supporting the delivery of these services by streamlining operations, improving communication between healthcare providers, and ensuring timely care for elderly and chronically ill patients. The growing integration of digital tools in long-term care settings will help mitigate rising healthcare costs while enhancing patient care quality. Therefore, rising healthcare spending in the region is driving the growth of the market.

Based on Mode of Delivery, the market is segmented into Cloud Based, On Premise, and Web Based. Based on Application, the market is segmented into Electronic Health Records (EHR), Staff Management, Revenue Cycle Management (RCM), Resident Care, Electronic Medication Administration Record (eMAR), and Other Application. Based on End Use, the market is segmented into Nursing Homes, Home Healthcare Agencies, Assisted living facilities, Hospice & Palliative care, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Veradigm LLC
  • Oracle Corporation
  • MatrixCare (ResMed Inc.)
  • Yardi Systems, Inc.
  • PointClickCare
  • Medtelligent, Inc.
  • ALAdvantage, LLC
  • Netsmart Technologies, Inc.
  • Kareo, Inc.
  • Caresmartz, Inc.
North America Long-term Care Software Market Report Segmentation

By Mode of Delivery
  • Cloud Based
  • On Premise
  • Web Based
By Application
  • Electronic Health Records (EHR)
  • Staff Management
  • Revenue Cycle Management (RCM)
  • Resident Care
  • Electronic Medication Administration Record (eMAR)
  • Other Application
By End Use
  • Nursing Homes
  • Home Healthcare Agencies
  • Assisted living facilities
  • Hospice & Palliative care
  • Other End Use
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

100 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Long-term Care Software Market, by Mode of Delivery
1.4.2 North America Long-term Care Software Market, by Application
1.4.3 North America Long-term Care Software Market, by End Use
1.4.4 North America Long-term Care Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2023, Sep – 2024, Oct) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America Long-term Care Software Market by Mode of Delivery
5.1 North America Cloud Based Market by Country
5.2 North America On Premise Market by Country
5.3 North America Web Based Market by Country
Chapter 6. North America Long-term Care Software Market by Application
6.1 North America Electronic Health Records (EHR) Market by Country
6.2 North America Staff Management Market by Country
6.3 North America Revenue Cycle Management (RCM) Market by Country
6.4 North America Resident Care Market by Country
6.5 North America Electronic Medication Administration Record (eMAR) Market by Country
6.6 North America Other Application Market by Country
Chapter 7. North America Long-term Care Software Market by End Use
7.1 North America Nursing Homes Market by Country
7.2 North America Home Healthcare Agencies Market by Country
7.3 North America Assisted living facilities Market by Country
7.4 North America Hospice & Palliative care Market by Country
7.5 North America Other End Use Market by Country
Chapter 8. North America Long-term Care Software Market by Country
8.1 US Long-term Care Software Market
8.1.1 US Long-term Care Software Market by Mode of Delivery
8.1.2 US Long-term Care Software Market by Application
8.1.3 US Long-term Care Software Market by End Use
8.2 Canada Long-term Care Software Market
8.2.1 Canada Long-term Care Software Market by Mode of Delivery
8.2.2 Canada Long-term Care Software Market by Application
8.2.3 Canada Long-term Care Software Market by End Use
8.3 Mexico Long-term Care Software Market
8.3.1 Mexico Long-term Care Software Market by Mode of Delivery
8.3.2 Mexico Long-term Care Software Market by Application
8.3.3 Mexico Long-term Care Software Market by End Use
8.4 Rest of North America Long-term Care Software Market
8.4.1 Rest of North America Long-term Care Software Market by Mode of Delivery
8.4.2 Rest of North America Long-term Care Software Market by Application
8.4.3 Rest of North America Long-term Care Software Market by End Use
Chapter 9. Company Profiles
9.1 Veradigm, Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Acquisition and Mergers:
9.1.3 SWOT Analysis
9.2 Oracle Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 MatrixCare (ResMed Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.4 Yardi Systems, Inc.
9.4.1 Company Overview
9.5 PointClickCare
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Product Launches and Product Expansions:
9.5.2.3 Acquisition and Mergers:
9.6 Medtelligent, Inc.
9.6.1 Company Overview
9.7 ALAdvantage, LLC
9.7.1 Company Overview
9.8 Netsmart Technologies, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Kareo, Inc.
9.9.1 Company Overview
9.10. Caresmartz, Inc.
9.10.1 Company Overview

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