20.10.2021 16:15

New Analysis from Global Industry Analysts Reveals Strong Growth for Long-term Care Software, with the Market to Reach $17.3 Billion Worldwide by 2026


SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Long-term Care Software - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Long-term Care Software

Edition: 6; Released: April 2021
Executive Pool: 1363
Companies: 267 - Players covered include Allscripts Healthcare Solutions, Inc.; Cerner Corporation; HealthMEDX; Kronos, Inc.; MatrixCare; McKesson Corporation; Omnicare Inc.; Omnicell, Inc.; Optimus EMR, Inc.; PointClickCare Technologies Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Nursing Homes, Home Health Agencies, Assisted Living Facilities); Product (EHR, eMAR, Payroll Management)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry


Global Long-term Care Software Market to Reach $17.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Long-term Care Software estimated at US$8.2 Billion in the year 2020, is projected to reach a revised size of US$17.3 Billion by 2026, growing at a CAGR of 13% over the analysis period. EHR, one of the segments analyzed in the report, is projected to record a 12.5% CAGR and reach US$11.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the eMAR segment is readjusted to a revised 14.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.8 Billion in 2021, While China is Forecast to Reach $3.1 Billion by 2026
The Long-term Care Software market in the U.S. is estimated at US$2.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2026 trailing a CAGR of 12.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.4% and 11.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.

Payroll Management Segment to Reach US$6 Billion by the year 2026
In the global Payroll Management segment, USA, Canada, Japan, China and Europe will drive the 13.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.2 Billion in the year 2020 will reach a projected size of US$5.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.

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