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(Medical-NewsWire.com, May 21, 2018 ) According to Publisher, the Global Home Healthcare Software and Services market is accounted for $5.02 billion in 2016 and is expected to reach $12.74 billion by 2023 growing at a CAGR of 14.2%. Rising geriatric population, supportive government initiatives and cost effectiveness are some of the factors driving the market. In addition, increasing market for telehealth technology, raising smartphone penetration and technological advancements are some of the other factors boosting the home healthcare software and services market. However, data insecurity, lack of skilled people and high maintenance costs are the factors restricting the market growth.
Cloud based home healthcare software & services segment is expected to witness the highest share during the forecast period. The favorable growth is attributed to its accessibility and data storage. Non-clinical application segment is dominating the global market with largest market share during the forecast period. Patient scheduling, referral management, cost efficient services are some of the beneficial factors assisting non-clinical applications growth. Besides, clinical application segment is projected to grow at higher CAGR from 2016 to 2023.
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North America accounted for the largest share in the global market owing to adoption of technology and advanced healthcare infrastructure. However, Asia Pacific is expected to witness highest growth on account of rapidly expanding healthcare infrastructure and rising awareness about usage of home healthcare software and services in China, Indonesia and India.
Some of the key players in global home healthcare software and services market include Hearst Corporation, Thornberry Limited, Allscripts Healthcare Solutions, Inc., Novarad Corporation, Cerner Corporation, NextGen Healthcare Information System LLC, Athenahealth, Inc., Medical Information Technology, Inc. (Meditech) , Carestream Health, Inc., Siemens Healthcare, Agfa Healthcare , Kinnser Software, Inc., Delta Health Technologies, Continulink Llc, McKesson Corporation, GE Healthcare, Healthmedx and Epic.
Components Covered:
-Services
-Software
Product Types Covered:
-Hospice Solutions
-Clinical Management Systems
-Agency Homecare Software
-Telehealth Solutions
-Other Product Types
Mode of Usages Covered:
-Handheld Device/Smartphone
-Pc/Laptop
Delivery Modes Covered:
-On-Premise Home Healthcare Software & Services
-Web-Based Home Healthcare Software & Services
-Cloud-Based Home Healthcare Software & Services
Applications Covered:
-Clinical Application
-Non-Clinical Application
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End Users Covered:
-Hospice Care
-Rehabilitation Centers/Therapy Centers
-Homecare Agencies
-Private Duty Agencies
Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-UK
-Italy
-France
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-South Korea
-Rest of Asia Pacific
-South America
-Argentina
-Brazil
-Chile
-Rest of South America
-Middle East & Africa
-Saudi Arabia
-UAE
-Qatar
-South Africa
-Rest of Middle East & Africa
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Rajat Sahni
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Source: EmailWire.Com 
Source: EmailWire.com
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