The size of the European Long-term Care Software Market was worth USD 0.54 billion in 2021 and Expected to grow at a CAGR of 11.89% to reach USD 0.94 billion by 2026.
Long-term care is a clinical service that helps both the medical and non-medical needs of people with a disability or chronic diseases who cannot take care of themselves. It is concentrated on the individualized and coordinated services which give independence, quality life for the patient and also provide services to patient needs from time to time. Various levels of long-term care include day program, home care, nursing home, senior housing, continuing care retirement community, and assisted living.
Long-term software is a fully integrated electronic health record and other non-clinical solutions to increase patient care, decrease labor costs, and maintain compliance. Data is entered into the software where it programs and flows through the system for various facilities. It helps in providing the consolidated reports for multiple facilities, offers good quality care with accurate information, saves time, automatic inter-facility accounting, boosts efficiency and productivity, maintains records over long periods, and reduces the risk of redundancy by eliminating inconsistencies in documentation.
An increase in the aging population, rising prevalence of chronic diseases, a shortage of skilled nursing personnel, rise in disposable income, increasing healthcare reforms and government initiatives, opportunities offered by remote patient monitoring systems and cloud-based software are expected to boost the demand for the Europe long-term care software market. However, lack of awareness, high software maintenance costs, the reluctance of conventional LTC providers to adopt software and insufficient government initiatives in developing countries are restraining the growth of the market.
Europe Long-term Care Software Market segmented and sub-segmented into the following categories.
Based on the region, Germany leads the market, followed by France and U.K. The market in this region is projected to grow strongly during the forecast period due to various factors such as growing awareness and favorable reimbursement policies.
Prominent Companies leading the Europe Long-term Care Software Market Profiled in the Report are AOD Software, Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, Omnicare, Inc., Omnicell, Inc., Kronos incorporated, HealthMEDX, PointClickCare, Matrix Care, Sigma Care, and Optimus EMR.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Clinical software
5.1.2.1 EMR/HER
5.1.2.2 e-Prescribing
5.1.2.3 Electronic medication administration records
5.1.2.4 Clinical decision support systems
5.1.3 Non-clinical software
5.1.3.1 Payroll management and billing
5.1.3.2 Remote patient monitoring systems
5.1.3.3 Real-time location systems
5.1.3.4 Remote training and supervision systems
5.1.3.5 Invoicing and scheduling software
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 Mode of delivery
5.2.1 Introduction
5.2.2 Cloud-based
5.2.3 Web-based
5.2.4 On-premises
5.2.5 Y-o-Y Growth Analysis, By Mode of delivery
5.2.6 Market Attractiveness Analysis, By Mode of delivery
5.2.7 Market Share Analysis, By Mode of delivery
5.3 End-user
5.3.1 Introduction
5.3.2 Home Healthcare
5.3.3 Nursing care
5.3.4 Assisted Living Facilities
5.3.5 Y-o-Y Growth Analysis, By End-user
5.3.6 Market Attractiveness Analysis, By End-user
5.3.7 Market Share Analysis, By End-user
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Mode of delivery
6.1.3.4 By End-user
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Mode of delivery
6.1.4.4 By End-user
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Mode of delivery
6.1.5.4 By End-user
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 AOD Software
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Cerner Corporation
8.3 Allscripts Healthcare Solutions, Inc.,
8.4 McKesson Corporation
8.5 Omnicare, Inc.,
8.6 Omnicell, Inc.,
8.7 Kronos incorporated
8.8 HealthMEDX
8.9 PointClickCare
8.10 Matrix Care
8.11 Sigma Care
8.12 Optimus EMR
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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