PRESS RELEASE

Published May 8, 2023

Data Bridge Market Research completed a qualitative study titled Home Healthcare Software Market with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. The most up-to-date technology was used in conjunction with expert industry knowledge and practical, effective, and innovative solutions to develop this Home Healthcare Software report. Market penetration-increasing tactics such as new product releases, geographical expansion, agreements, joint ventures, partnerships, and acquisitions are discussed. This study of the Home Healthcare Software market focuses on numerous submarkets that are anticipated to grow rapidly in terms of revenue throughout the study’s approximate forecast time frame. The report’s research, analysis, and insights give you a clear picture of the market from which to make informed business decisions.

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.

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. 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.

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Home Healthcare Software market study analyses the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. This report makes to focus on the more important aspects of the market like what the market recent trends are. Analysis and estimations attained through the massive information gathered in this market research report are extremely necessary when it comes to dominating the market or creating a mark in the market as a new emergent.

Opportunities

  • Rise in demand for hospice care

The demand for hospice care has recently increased and is expected to remain high due to an ageing population and an increase in the incidence of life-threatening diseases such as cancer. According to the Eurostat July 2020 update, it is estimated that by 2050, there will be approximately half a million centenarians in the European Union, and the median age of the European Union-27 region is expected to increase by 4.5 years to 48.2 years. As a result, the ageing population is expected to play a significant role in the growth of the studied segment. As a result, the ageing population is expected to play a significant role in the growth of the studied segment. Further, according to the data published by Globocan 2020, there were approximately 19.29 million globally suffering from cancer globally in 2020 and the incidence of cancer is expected to increase to 28.89 million by 2040. This factor is expected to increase demand for hospice care centres, which in turn will increase demand for home healthcare software.

 Segmentation:

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

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Key Market Players:

  • Koninklijke Philips N.V. (Netherlands)
  • Omron Healthcare, Inc. (Japan)
  • Air Liquide (France)
  • 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.)
  • Hoffmann-La Roche Ltd (Switzerland)

 Attractions of The Home Healthcare Software Market Report: –

  • Latest market dynamics, development trends and growth opportunities are presented along with industry barriers, developmental threats and risk factors
  • The forecast Home Healthcare Software Market data will help in the feasibility analysis, market size estimation and development
  • The report serves as a complete guide which micro monitors all vital Home Healthcare Software Market
  • A concise market view will provide ease of understanding.
  • Nut Oil Market Competitive market view will help the players in making a right move

Key Questions Answered

  • What impact does COVID-19 have made on Global Home Healthcare Software Market Growth & Sizing?
  • Who are the Leading key players and what are their Key Business plans in the Global Home Healthcare Software Market?
  • What are the key concerns of the five forces analysis of the Global Home Healthcare Software Market?
  • What are different prospects and threats faced by the dealers in the Global Home Healthcare Software Market?
  • What are the strengths and weaknesses of the key vendors?

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Reasons to Purchase this Report:

  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value USD Million and volume Units Million data for each segment and sub-segment
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Content:

  • Part 01: Executive Summary
  • Part 02: Scope of The Report
  • Part 03: Home Healthcare Software Market by equipment
  • Part 04: Home Healthcare Software Market by deployment
  • Part 05: Home Healthcare Software Market by end user
  • Part 06: Five Forces Analysis
  • Part 07: Customer Landscape
  • Part 08: Geographic Landscape
  • Part 09: Decision Framework
  • Part 10: Drivers and Challenges
  • Part 11: Market Trends
  • Part 12: Vendor Landscape
  • Part 13: Vendor Analysis

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC @ www.databridgemarketresearch.com/toc/?dbmr=global-home-healthcare-software-market  

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