Non-Clinical Homecare Software Market Set to Grow at Healthy CAGR of 14.57%

Posted by nileshdbmr on April 13th, 2021

Non-clinical homecare software market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 12.35 billion by 2028 and will grow at a CAGR of 14.57% in the above mentioned forecast period.

Non-clinical homecare software are specifically designed for supporting technological services that are designed for managing and assisting individuals in homecare, assisted living and independent living centers. These software services provide assistance to not just patients but to physicians and healthcare providers helping them manage their workflow and increase their efficiency.

Segmentation: Global Non-Clinical Homecare Software Market

•          By Application: Agency Systems, Billing, Invoicing & Scheduling, Homecare Accounting System, Personnel Management System & Payroll, Non-Clinical Health Management Systems, Telehealth Systems, Others
•          By End-Users: Private Home Care Agency, Rehabilitation Centers/Therapy Centers, Hospice Care, Others

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Key Market Competitors: Global Non-Clinical Homecare Software Market

Few of the major competitors currently working in the non-clinical homecare software market are McKesson Corporation; ComForCare Health Care Holdings, LLC; Cerner Corporation; Thornberry Ltd.; GENERAL ELECTRIC COMPANY; Medical Information Technology, Inc.; Agfa-Gevaert Group; Siemens Healthcare Private Limited; Allscripts; Hearst Communications Inc.; Develus Systems Inc.; Netsmart Technologies, Inc.; Delta Health Technologies, Inc.; CareVoyant Inc.; NXGN Management, LLC and Kinnser Software, Inc.

Competitive Analysis: Global Non-Clinical Homecare Software Market

Global non-clinical homecare software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of non-clinical homecare software market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

•          Rise in the levels of geriatric population resulting in a rise of demand for the product; this factor is expected to drive the market growth
•          Increasing per capita income of the individuals fueling the expenditure incurred on healthcare of individuals is expected to positively affect the growth of the market

Market Restraints

•          High cost associated with the software technology and concerns regarding the privacy of information amid data theft concerns is expected to restrain the growth of the market
•          Lack of technically skilled workforce is expected to restrain the growth of the market

Reasons to Purchase this Report

•          Current and future of global non-clinical homecare software market outlook in the developed and emerging markets
•          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•          The latest developments, market shares, and strategies that are employed by the major market players