The Long Term Care Software Global Market Report 2023, provides comprehensive information on the long term care software market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Long Term Care Software Global Market Report 2023, the market size is expected to grow from $3.85 billion in 2022 to $4.32 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global long term care software market is expected to reach $6.85 billion in 2027 at a CAGR of 12.2%.
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Technological advancements are a key trend gaining popularity in the long-term care software market. Major companies operating in the long-term care software market are adopting new technologies to sustain their position in the market. For instance, in February 2022, Creative Solutions in Healthcare, a US-based healthcare company, launched a software platform, Connected Care Center. Connected Care Center is a user-friendly and easily accessible resident health information hub that allows residents, authorized families and friends to see up-to-date health data.
The long term care software market is segmented:
1) By Product: Clinical Software, Non-Clinical Solutions
2) By Deployment Type: Web-Based, On-Premises, Cloud-Based
3) By End-User: Home Healthcare Agencies, Hospice Care Facilities, Nursing Homes And Assisted Living Facilities
North America was the largest region in the long term care software market in 2022.
The table of contents in TBRC’s long term care software market report includes:
1. Executive Summary
2. Long Term Care Software Market Characteristics
3. Long Term Care Software Market Trends And Strategies
4. Long Term Care Software Market – Macro Economic Scenario
5. Long Term Care Software Market Size And Growth
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26. Africa Long Term Care Software Market
27. Long Term Care Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Long Term Care Software Market
29. Long Term Care Software Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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