Dublin, Dec. 04, 2023 (GLOBE NEWSWIRE) -- The "Home Healthcare Software - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Home Healthcare Software Market to Reach $11.8 Billion by 2030
The global market for Home Healthcare Software estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$11.8 Billion by 2030, growing at a CAGR of 14.2% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 11.8% CAGR and reach US$5.9 Billion by the end of the analysis period. Growth in the Services segment is estimated at 17.2% CAGR for the next 8-year period. 
The report provides insights into the home healthcare software market, including the global key competitors' market share in 2022 and their competitive market presence worldwide in the same year. It introduces home healthcare software and discusses its various types, emphasizing the cost-effectiveness of homecare.
Recent market activity in the home healthcare software sector is also covered, highlighting how the pandemic has driven innovation and the adoption of technology to meet healthcare needs in the homecare setting.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19.3% CAGR
The Home Healthcare Software market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 19.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 12.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 418 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.1 Billion |
| Forecasted Market Value (USD) by 2030 | $11.8 Billion |
| Compound Annual Growth Rate | 14.1% |
| Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Healthcare IT Seeks Role in Home Care & Direct Primary Care
- Healthcare IT Market Enjoys Striking Leap Forward with Increasing Influx of IoT
- Technology Gets Deeply Ingrained into Latest Trends in Home Healthcare Market
- Healthcare Digitization Drive High Uptake of Home Healthcare Software Solutions
- Leading Categories of Digital Health by Funding (In US$ Million) for the Year 2020
- Global Healthcare IT Market (2020): Percentage Breakdown of Spending by Sector
- Pandemic Results in Emergence of New Home Healthcare Models
- Significance of Healthcare Software Tools Grows as the Pandemic Accelerates Broader Use of Telemedicine
- Telehealth Visits in the U.S (In Million) for the Year 2020
- Telerehabilitation Gains Pace
- Home Health Agencies Expands Specialized Care and Telehealth Services
- Software Solutions Play an Important Role in Exploiting Big Data
- COVID-19 Drives Prominence of Healthcare Analytics
- Pandemic Accelerates the Aging-In-Place Trend, Spurring Opportunities
- Rise of Home Healthcare for High Acuity Patients
- COVID-19-led Rise of Touch-Less Home Care Underpins Need for Remote Monitoring Software & Technologies
- Integration of IT systems in the Home Healthcare Sector to Drive Growth
- Developing Interoperability Gains Attention
- Alternative Care Models for Delivery of Healthcare to Alleviate Burden on Hospitals
- Therapy and Rehabilitation Outside the Hospital Settings
- Percentage of Population with Disabilities by Age Group
- Aging Population A Key Demographic Driver of Growth of Home Healthcare Solutions and Services
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Chronic Disease Management & Associated Costs Drive Demand for Home Healthcare
- Rising Prevalence of Chronic Diseases Amplifies the Role of Alternate Care Sites & Highlights the Need for Home Healthcare Solutions: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
- Rising Healthcare Costs Accelerates the Shift to Low Cost Alternate Care Sites Including Patient Centered Medical Homes
- Rising Healthcare Costs Outstripping Global GDP Growth Puts Pressure On Health Systems to Bend the Cost Curve: World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Optimization of Consumer Satisfaction and Business Bottom Line through FSM
FOCUS ON SELECT PLAYERS (Total 133 Featured)
- Allscripts Healthcare Solutions, Inc.
- AlayaCare, Inc.
- AMC Health
- 100Plus
- Apple Home Healthcare
- Amedisys, Inc.
- Ally Home Care
- Billiyo Health
- CaraSolva, Inc.
- AxisCare
- AllCare Software Inc.
- A&D Home Health Care
- Accessible Solutions, Inc. (SERVTracker)
- Aegis Healthcare Solutions, Inc.
- Athena Health Care Systems
For more information about this report visit https://www.researchandmarkets.com/r/l3sd9m
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