Long-term Care Software Market worth $2,074.0 Million by 2019

The report "Long-term Care Software Market by Product (EHR, eMAR, Payroll Management), Mode of Delivery (Web-based, On-premises, Cloud-based) & End User (Nursing Homes, Home Health Agencies, Assisted Living Facilities) - Global Forecast to 2019", The global long-term care software market is expected to grow at a CAGR of 12.7% during the forecast period of 2014 to 2019 and reach $2,074.0 million by 2019.

Browse 124 market data tables and 31 figures spread through 200 pages and in-depth TOC on “Long-term Care Software Market”http://www.marketsandmarkets.com/Market-Reports/long-term-care-software-market-2959239.htmlEarly buyers will receive 10% customization on this report.

Changes in population demographics have driven the demand for long-term care services, and by extension the need for healthcare IT solutions to increase work efficiency at LTC facilities across the globe. The report analyses the long-term care software market by product, mode of delivery, and end users. The long-term care software market, by product, is segmented into clinical software and non-clinical software. The clinical software is further segmented into EMR/EHR, e-prescribing, electronic medication administration records, and clinical decision support systems. The non-clinical software segment is further segmented into real-time location systems, remote patient monitoring systems, remote training and supervision systems, talent management, payroll management, and billing, invoicing and scheduling software. The market, by mode of delivery, includes on-premise, web based, and cloud-based software.

Talk to Our Research Analysts for More Info@http://www.marketsandmarkets.com/speaktoanalyst.asp?id=2959239

The major end users of the long-term care software are home health agencies, nursing homes and assisted living facilities, and hospice facilities. The report provides information on the geographic make-up of this market as well, split across major regions—North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

The global long-term care software market is expected to grow at a CAGR of 12.7% during the forecast period of 2014 to 2019 and reach $2,074.0 million by 2019. Factors such as increase in aging population, dearth of skilled nursing personnel, and increasing healthcare reforms and government initiatives are expected to propel the demand for LTC software across the globe. Similarly, opportunities offered by remote patient monitoring systems and cloud-based software are expected to boost the demand for LTC software. However, the reluctance of conventional LTC providers to adopt software and the high maintenance costs of this software are impeding the growth of this market to a certain extent. Moreover, the lack of awareness and insufficient government initiatives in developing countries has resulted in poorer adoption of LTC software.

By 2019, North America will continue to dominate and drive the long-term care software market, primarily due to the increasing demand for LTC software with the rising aging population demanding long-term care. On the other hand, the Asia-Pacific region is expected to witness significant growth during the forecast period, with the majority of growth primarily driven by changing population demographics in this region.

Get The Sample Copy Of This Report:http://www.marketsandmarkets.com/requestsample.asp?id=2959239

The long-term care software industry is fragmented, with a number of local players dominating in different regions. Moreover, the nature of this industry is quite volatile, due to the frequent entry and exit of different software vendors. New product launches and partnerships and collaborations are the key strategies adopted by market players to ensure growth. The prominent players in the market are Cerner Corporation (U.S.), Omnicare, Inc. (U.S.), AOD Software (U.S.), Kronos (U.S.), PointClickCare (Canada), Omnicell, Inc. (U.S.), McKesson Corporation (U.S.), MatrixCare (U.S.), SigmaCare (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Optimus EMR (U.S.), and HealthMEDX LLC (U.S.).

About MarketsandMarkets:MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Healthcare Domain @ http://www.marketsandmarkets.com/Subscription.html

Contact:Mr. RohanUnit No. 802, 8th Floor, Tower - 7, Magarpatta City SEZ,Hadapsar, Pune – 411013, Maharashtra, India.Tel: +1-888-6006-441.Email: sales@marketsandmarkets.comVisit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/biotechnologyConnect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets