Market Overview:
The global home care software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for home care services, growing geriatric population, and rising adoption of home care software by clinics and non-clinical home care agencies. Based on type, the global home care software market is segmented into cloud-based and web-based. Cloud-based segment is expected to grow at a higher CAGR during the forecast period as it offers several advantages such as scalability, flexibility, and security over web-based solutions. Based on application, the global market is segmented into clinicians’ use cases, nonclinical use cases by agencies (such as payroll management), other applications (such as telehealth). Clinicians’ use case dominates the overall application segment owing to its ability to manage patient data efficiently and effectively.
Product Definition:
Home care software is a type of healthcare software that helps manage the care of patients in their homes. It can include features for managing patient records, scheduling appointments, tracking medications, and more. Home care software is important because it helps ensure that patients receive the appropriate level of care in their own home and helps caregivers stay organized and efficient.
Cloud Based:
Cloud-based software is a type of software system that stores data on the cloud and allows users to access the data from any location. The information can be accessed by multiple people simultaneously. Cloud-based systems are designed for businesses with low storage requirements, where frequent backup is not required, and where security concerns are high.
Web Based:
The global web-based and it's usage in home care software market size was valued at USD 1.1 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for remote patient monitoring, chronic disease management, & home healthcare coupled with the growing geriatric population is anticipated to drive growth during the forecast period.
Application Insights:
The clinicians segment accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for home care services among patients with chronic conditions, such as diabetes, cancer and Alzheimer¢â‚¬â„¢s disease. In addition, an increase in the number of hospitals adopting electronic health records is expected to drive software adoption across various applications within these facilities.
Non-clinical home care agencies are expected to register significant growth over the forecast period owing to a rise in demand for assistance with daily activities at an elder¢â‚¬â„¢s residence or a facility that provides 24-hour skilled nursing services. These agencies offer round-the clock assistance and are available through online portals or via phone reservations systems.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of players coupled with high investments in R&D has resulted in the dominance of this region. Moreover, increasing demand for technologically advanced medical services is expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing penetration and awareness about home care software solutions among patients and their families as well as healthcare providers.
Latin America also presents significant opportunities due to growing penetration rates for HCS amongst physicians along with rising demand from aging population suffering from chronic diseases that require long-term management at home like diabetes or Parkinson’s disease etc.
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 will create a large pool of patients for home care software providers to cater to, thereby driving the market growth.
- Rising demand for home health services: Home health services are becoming increasingly popular as they provide quality care at lower costs as compared to hospitalization or nursing homes. This is expected to drive the demand for home care software in the coming years.
- Proliferation of mobile devices and apps: With the proliferation of mobile devices and apps, patients are now able to access their medical data and appointments from anywhere, anytime using their smartphones or tablets etc., This is likely to increase patient satisfaction levels and drive market growth in the near future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Care Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Clinicians, Non-clinical Home Care Agencies, Other
By Companies
AxisCare, Axxess, WellSky (Kinnser), Alora, RiverSoft, ClearCare, Careficient, Daycenta, AdaCare, Rosemark, CareSmartz360, MatrixCare, CareVoyant, Optima Hospice
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Home Care Software Market Report Segments:
The global Home Care Software market is segmented on the basis of:
Types
Cloud Based, Web 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
Clinicians, Non-clinical Home Care Agencies, Other
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:
- AxisCare
- Axxess
- WellSky (Kinnser)
- Alora
- RiverSoft
- ClearCare
- Careficient
- Daycenta
- AdaCare
- Rosemark
- CareSmartz360
- MatrixCare
- CareVoyant
- Optima Hospice
Highlights of The Home Care 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:
- Cloud Based
- Web Based
- By Application:
- Clinicians
- Non-clinical Home Care Agencies
- Other
- 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 Home Care 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:
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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?
Home care software is a type of software that helps people who are homebound or have limited mobility manage their day-to-day tasks. The software can include features such as scheduling appointments, tracking medication doses, and managing finances.
Some of the key players operating in the home care software market are AxisCare, Axxess, WellSky (Kinnser), Alora, RiverSoft, ClearCare, Careficient, Daycenta, AdaCare, Rosemark, CareSmartz360, MatrixCare, CareVoyant, Optima Hospice.
The home care software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Care Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Home Care Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Care Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Home Care Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Home Care Software Market Size & Forecast, 2018-2028
4.5.1 Home Care Software Market Size and Y-o-Y Growth
4.5.2 Home Care Software Market Absolute $ Opportunity
Chapter 5 Global Home Care Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Home Care Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Home Care Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Home Care Software Market Size Forecast by Applications
6.2.1 Clinicians
6.2.2 Non-clinical Home Care Agencies
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Care Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Home Care Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Home Care Software Analysis and Forecast
9.1 Introduction
9.2 North America Home Care Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Home Care Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Home Care Software Market Size Forecast by Applications
9.10.1 Clinicians
9.10.2 Non-clinical Home Care Agencies
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Home Care Software Analysis and Forecast
10.1 Introduction
10.2 Europe Home Care Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Home Care Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Home Care Software Market Size Forecast by Applications
10.10.1 Clinicians
10.10.2 Non-clinical Home Care Agencies
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Home Care Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Home Care Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Home Care Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Home Care Software Market Size Forecast by Applications
11.10.1 Clinicians
11.10.2 Non-clinical Home Care Agencies
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Home Care Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Home Care Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Home Care Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Home Care Software Market Size Forecast by Applications
12.10.1 Clinicians
12.10.2 Non-clinical Home Care Agencies
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Home Care Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Home Care Software Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Home Care Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Home Care Software Market Size Forecast by Applications
13.10.1 Clinicians
13.10.2 Non-clinical Home Care Agencies
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Home Care Software Market: Competitive Dashboard
14.2 Global Home Care Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AxisCare
14.3.2 Axxess
14.3.3 WellSky (Kinnser)
14.3.4 Alora
14.3.5 RiverSoft
14.3.6 ClearCare
14.3.7 Careficient
14.3.8 Daycenta
14.3.9 AdaCare
14.3.10 Rosemark
14.3.11 CareSmartz360
14.3.12 MatrixCare
14.3.13 CareVoyant
14.3.14 Optima Hospice
