Market Overview:
The global geriatric software market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the geriatric software market can be attributed to the increasing prevalence of chronic diseases, growing aging population, and rising demand for home health services. In addition, the increasing adoption of cloud-based solutions is also contributing to the growth of this market. However, lack of awareness about geriatric software among healthcare providers and patients may restrain the growth of this market during the forecast period. On-premise segment is expected to dominate the global geriatric software market in 2018 owing to its advantages such as security and control over data privacy.
Product Definition:
Geriatric Software is a computer application that assists in the management of elderly patients. Geriatric Software can help track medications, appointments, and other important health information for elderly patients. The importance of Geriatric Software lies in its ability to help healthcare providers manage the care of elderly patients more effectively.
On-Premise:
On-premise software is a type of software that is installed and used directly as the source code is being processed. The installation process involves installing the program files on the user's own computer, which requires an internet connection for this purpose. On-premise solutions are preferred by large organizations due to their benefits such as data security and easy access to data even if there's a network crash or power outage in the office.
Cloud-Based:
Cloud-based software is a type of software that provides its functionality through the internet. It can be used by people who are not present in the same location as the computer where it's installed. In other words, cloud-based solutions are remote in nature and they rely on network connectivity for their operation. The most common use of cloud-based solutions is to deliver software as a service (SaaS).
Application Insights:
The global geriatric software market is segmented by application into senior assisted-living communities, rehabilitation centers, home health care, and skilled nursing settings. The senior assisted-living communities segment accounted for the largest share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing number of aging population across the globe coupled with rising awareness about healthy living among them. As per United Nations (UN), there are currently more than 60 million people aged 65 years or above globally which is expected to increase by around 40% by 2030 accounting for nearly 101 million people.
Moreover, as per WHO estimates approximately 17% of Europe's population belongs to age group 55 years and above which is also anticipated to contribute toward significant demand over next nine years in this region alone.
Regional Analysis:
In 2017, North America dominated the global market with a revenue share of over 35%. The region is expected to maintain its dominance throughout the forecast period. This can be attributed to increasing government funding for long-term care and an aging population in this region. For instance, according to data published by the Administration for Community Living (ACL), in 2015 approximately 15% of Americans will require some form of long-term care at home or elsewhere away from their own homes due to a decline in health or functional abilities. In addition, ACL reported that nearly 6 million people received services from LTC facilities such as skilled nursing facilities (SNF) and rehabilitation centers; these numbers are anticipated to increase substantially over the coming years thus driving regional growth.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, reaching 1.6 billion by 2020. This growth is primarily attributed to the increase in life expectancy and the growing awareness about health and fitness among the elderly population.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, stroke, and diabetes is increasing among the geriatric population due to their aging process. This is leading to an increase in demand for Geriatric Software solutions that can help manage these conditions effectively.
- Growing demand for home healthcare services: Home healthcare services are becoming increasingly popular among the elderly as they offer more personalized care than traditional hospital-based care options do .This is fueling demand for Geriatric Software solutions that can help manage home healthcare operations efficiently .
Scope Of The Report
Report Attributes
Report Details
Report Title
Geriatric Software Market Research Report
By Type
On-Premise, Cloud-Based
By Application
Senior Assisted-living Communities, Rehabilitation Centers, Home Health, Skilled Nursing Settings
By Companies
Kareo Billing, Bizmatics, Azalea Health, NovoClinical, MDConnection, eClinicalWorks, Centricity, AllegianceMD, Practice, TotalMD, ChARM Health, CompuGroup Medical, Waystar, Advanced Data Systems, GEHRIMED, Doc-tor.com, Sevocity, UltraLinq
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Geriatric Software Market Report Segments:
The global Geriatric Software market is segmented on the basis of:
Types
On-Premise, Cloud-Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Senior Assisted-living Communities, Rehabilitation Centers, Home Health, Skilled Nursing Settings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kareo Billing
- Bizmatics
- Azalea Health
- NovoClinical
- MDConnection
- eClinicalWorks
- Centricity
- AllegianceMD
- Practice
- TotalMD
- ChARM Health
- CompuGroup Medical
- Waystar
- Advanced Data Systems
- GEHRIMED
- Doc-tor.com
- Sevocity
- UltraLinq
Highlights of The Geriatric Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Cloud-Based
- By Application:
- Senior Assisted-living Communities
- Rehabilitation Centers
- Home Health
- Skilled Nursing Settings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Geriatric Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Geriatric software is a type of software that is designed specifically for use by seniors. This type of software can help seniors stay organized, learn new skills, and manage their health.
Some of the major players in the geriatric software market are Kareo Billing, Bizmatics, Azalea Health, NovoClinical, MDConnection, eClinicalWorks, Centricity, AllegianceMD, Practice, TotalMD, ChARM Health, CompuGroup Medical, Waystar, Advanced Data Systems, GEHRIMED, Doc-tor.com, Sevocity, UltraLinq.
The geriatric software market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Geriatric Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Geriatric Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Geriatric Software Market - Supply Chain
4.5. Global Geriatric Software Market Forecast
4.5.1. Geriatric Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Geriatric Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Geriatric Software Market Absolute $ Opportunity
5. Global Geriatric Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Geriatric Software Market Size and Volume Forecast by Type
5.3.1. On-Premise
5.3.2. Cloud-Based
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Geriatric Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Geriatric Software Market Size and Volume Forecast by Application
6.3.1. Senior Assisted-living Communities
6.3.2. Rehabilitation Centers
6.3.3. Home Health
6.3.4. Skilled Nursing Settings
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Geriatric Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Geriatric Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Geriatric Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Geriatric Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Geriatric Software Demand Share Forecast, 2019-2026
9. North America Geriatric Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Geriatric Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Geriatric Software Market Size and Volume Forecast by Application
9.4.1. Senior Assisted-living Communities
9.4.2. Rehabilitation Centers
9.4.3. Home Health
9.4.4. Skilled Nursing Settings
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Geriatric Software Market Size and Volume Forecast by Type
9.7.1. On-Premise
9.7.2. Cloud-Based
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Geriatric Software Demand Share Forecast, 2019-2026
10. Latin America Geriatric Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Geriatric Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Geriatric Software Market Size and Volume Forecast by Application
10.4.1. Senior Assisted-living Communities
10.4.2. Rehabilitation Centers
10.4.3. Home Health
10.4.4. Skilled Nursing Settings
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Geriatric Software Market Size and Volume Forecast by Type
10.7.1. On-Premise
10.7.2. Cloud-Based
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Geriatric Software Demand Share Forecast, 2019-2026
11. Europe Geriatric Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Geriatric Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Geriatric Software Market Size and Volume Forecast by Application
11.4.1. Senior Assisted-living Communities
11.4.2. Rehabilitation Centers
11.4.3. Home Health
11.4.4. Skilled Nursing Settings
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Geriatric Software Market Size and Volume Forecast by Type
11.7.1. On-Premise
11.7.2. Cloud-Based
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Geriatric Software Demand Share, 2019-2026
12. Asia Pacific Geriatric Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Geriatric Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Geriatric Software Market Size and Volume Forecast by Application
12.4.1. Senior Assisted-living Communities
12.4.2. Rehabilitation Centers
12.4.3. Home Health
12.4.4. Skilled Nursing Settings
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Geriatric Software Market Size and Volume Forecast by Type
12.7.1. On-Premise
12.7.2. Cloud-Based
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Geriatric Software Demand Share, 2019-2026
13. Middle East & Africa Geriatric Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Geriatric Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Geriatric Software Market Size and Volume Forecast by Application
13.4.1. Senior Assisted-living Communities
13.4.2. Rehabilitation Centers
13.4.3. Home Health
13.4.4. Skilled Nursing Settings
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Geriatric Software Market Size and Volume Forecast by Type
13.7.1. On-Premise
13.7.2. Cloud-Based
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Geriatric Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Geriatric Software Market: Market Share Analysis
14.2. Geriatric Software Distributors and Customers
14.3. Geriatric Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kareo Billing
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bizmatics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Azalea Health
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NovoClinical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MDConnection
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. eClinicalWorks
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Centricity
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AllegianceMD
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Practice
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TotalMD
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ChARM Health
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CompuGroup Medical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Waystar
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Advanced Data Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. GEHRIMED
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Doc-tor.com
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Sevocity
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. UltraLinq
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
