New York, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Home Healthcare Software Industry" - https://www.reportlinker.com/p06219507/?utm_source=GNW
Provision of care in settings other than acute settings is expected to form a critical constituent of healthcare reform, given the surging pressure on spending associated with healthcare across the world. And in support of this, technological developments have resulted in medical equipment that can be used in settings outside acute care. Consumers perceive homecare as a less expensive and more comfortable alternative to institutionalized care. With the focus on preventing hospital-associated infections at an all-time high, healthcare institutions are supporting the homecare trend. Government and health authorities are encouraging homecare in order to reduce the strain on public sector healthcare systems. Against this backdrop, home healthcare software is expected to witness heightened demand during the analysis period.
Amid the COVID-19 crisis, the global market for Home Healthcare
Software Product and Service estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$7 Billion by 2026, growing at a CAGR of 13.4% over the analysis period. COVID-19 has overwhelmed home healthcare agencies with patients owing to limited access to medical services for treatment of chronic medical conditions, elderly care and post-infection rehabilitation. The combination of COVID-19-induced demand for home care, rising incident of chronic medical conditions and increasing geriatric population is poised to significantly benefit the home healthcare market.
The U.S. Market is Estimated at $1.3 Billion in 2021, While China is Forecast to Reach $1.2 Billion by 2026
The Home Healthcare Software Product and Service market in the U.S. is estimated at US$1.3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2026 trailing a CAGR of 18.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 12.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR. While the US is considered the pioneer in home healthcare among developed nations, European countries are also picking up the trend. The number of people undergoing treatment in sub-acute and homecare settings, apart from cases of same day surgery, is on the rise. Also reflecting this trend is the increase in the number of homecare equipment dealers in the region.
Select Competitors (Total 133 Featured)
- Allscripts Healthcare Solutions, Inc.
- Cerner Corporation
- Delta Health Technologies, LLC
- HealthMEDX
- Kinnser Software
- McKesson Corporation
- Medical Information Technology, Inc.
- Thornberry Limited
Read the full report: https://www.reportlinker.com/p06219507/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is
the World Economy in 2021
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual
% Change) for 2020 through 2022
How Healthcare Has Been Impacted & Beyond COVID-19 What?s In
Store for Healthcare?
EXHIBIT 2: Missed Cancer Diagnosis in U.S. as of June 2020
EXHIBIT 3: % Reduction in OR Volumes in the US: Mar 2020-July 2020
EXHIBIT 4: Cumulative Surgery Cancellations Worldwide (In Million)
COVID-19 Highlights Significance of Home Healthcare
Pandemic Unfolds Opportunities in Disguise for Home Healthcare
Software
Homecare Healthcare Software: A Prelude
Types of Home Healthcare software
Here?s Why Homecare is Cost Effective
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Healthcare IT Seeks Role in Home Care & Direct Primary Care
Healthcare IT Market Enjoys Striking Leap Forward with
Increasing Influx of IoT
Technology Gets Deeply Ingrained into Latest Trends in Home
Healthcare Market
Healthcare Digitization Drive High Uptake of Home Healthcare
Software Solutions
EXHIBIT 5: Leading Categories of Digital Health by Funding (In
US$ Million) for the Year 2020
EXHIBIT 6: Global Healthcare IT Market (2020): Percentage
Breakdown of Spending by Sector
Pandemic Results in Emergence of New Home Healthcare Models
Significance of Healthcare Software Tools Grows as the Pandemic
Accelerates Broader Use of Telemedicine
EXHIBIT 7: Telehealth Visits in the U.S (In Million) for the
Year 2020
Telerehabilitation Gains Pace
Home Health Agencies Expands Specialized Care and Telehealth
Services
Software Solutions Play an Important Role in Exploiting Big Data
COVID-19 Drives Prominence of Healthcare Analytics
Pandemic Accelerates the Aging-In-Place Trend, Spurring
Opportunities
Rise of Home Healthcare for High Acuity Patients
COVID-19-led Rise of Touch-Less Home Care Underpins Need for
Remote Monitoring Software & Technologies
Integration of IT systems in the Home Healthcare Sector to
Drive Growth
Developing Interoperability Gains Attention
Alternative Care Models for Delivery of Healthcare to Alleviate
Burden on Hospitals
Therapy and Rehabilitation Outside the Hospital Settings
EXHIBIT 8: Percentage of Population with Disabilities by Age Group
Aging Population A Key Demographic Driver of Growth of Home
Healthcare Solutions and Services
EXHIBIT 9: Global Aging Population Statistics for the 65+ Age
Group in Million by Geographic Region for the Years 2019,
2025, 2035 and 2050
Chronic Disease Management & Associated Costs Drive Demand for
Home Healthcare
EXHIBIT 10: Rising Prevalence of Chronic Diseases Amplifies the
Role of Alternate Care Sites & Highlights the Need for Home
Healthcare Solutions: Global Cost of Chronic Diseases (In US$
Billion) for the Years 2018 and 2030
Rising Healthcare Costs Accelerates the Shift to Low Cost
Alternate Care Sites Including Patient Centered Medical Homes
EXHIBIT 11: Rising Healthcare Costs Outstripping Global GDP
Growth Puts Pressure On Health Systems to Bend the Cost Curve:
World Healthcare Expenditure (In US$ Billion) for the Years
2017-2023
Optimization of Consumer Satisfaction and Business Bottom Line
through FSM
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Home Healthcare
Software by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR
Table 2: World Historic Review for Home Healthcare Software by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Revenues in US$ Million for Years 2012 through 2019
and % CAGR
Table 3: World 15-Year Perspective for Home Healthcare Software
by Geographic Region - Percentage Breakdown of Value Revenues
for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2012, 2021 & 2027
Table 4: World Current & Future Analysis for Solutions by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Revenues in US$ Million for Years 2020 through 2027
and % CAGR
Table 5: World Historic Review for Solutions by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Revenues
in US$ Million for Years 2012 through 2019 and % CAGR
Table 6: World 15-Year Perspective for Solutions by Geographic
Region - Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2012, 2021 & 2027
Table 7: World Current & Future Analysis for Services by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Revenues in US$ Million for Years 2020 through 2027
and % CAGR
Table 8: World Historic Review for Services by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Revenues
in US$ Million for Years 2012 through 2019 and % CAGR
Table 9: World 15-Year Perspective for Services by Geographic
Region - Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
Table 10: USA Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 11: USA Historic Review for Home Healthcare Software by
Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 12: USA 15-Year Perspective for Home Healthcare Software
by Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2012, 2021 & 2027
CANADA
Table 13: Canada Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 14: Canada Historic Review for Home Healthcare Software
by Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 15: Canada 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
JAPAN
Table 16: Japan Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 17: Japan Historic Review for Home Healthcare Software by
Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 18: Japan 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
CHINA
Table 19: China Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 20: China Historic Review for Home Healthcare Software by
Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 21: China 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
EUROPE
Table 22: Europe Current & Future Analysis for Home Healthcare
Software by Geographic Region - France, Germany, Italy, UK and
Rest of Europe Markets - Independent Analysis of Annual
Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 23: Europe Historic Review for Home Healthcare Software
by Geographic Region - France, Germany, Italy, UK and Rest of
Europe Markets - Independent Analysis of Annual Revenues in US$
Million for Years 2012 through 2019 and % CAGR
Table 24: Europe 15-Year Perspective for Home Healthcare
Software by Geographic Region - Percentage Breakdown of Value
Revenues for France, Germany, Italy, UK and Rest of Europe
Markets for Years 2012, 2021 & 2027
Table 25: Europe Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 26: Europe Historic Review for Home Healthcare Software
by Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 27: Europe 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
FRANCE
Table 28: France Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 29: France Historic Review for Home Healthcare Software
by Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 30: France 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
GERMANY
Table 31: Germany Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 32: Germany Historic Review for Home Healthcare Software
by Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 33: Germany 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
ITALY
Table 34: Italy Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 35: Italy Historic Review for Home Healthcare Software by
Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 36: Italy 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
UNITED KINGDOM
Table 37: UK Current & Future Analysis for Home Healthcare
Software by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 38: UK Historic Review for Home Healthcare Software by
Component - Solutions and Services Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2012
through 2019 and % CAGR
Table 39: UK 15-Year Perspective for Home Healthcare Software
by Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2012, 2021 & 2027
REST OF EUROPE
Table 40: Rest of Europe Current & Future Analysis for Home
Healthcare Software by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 41: Rest of Europe Historic Review for Home Healthcare
Software by Component - Solutions and Services Markets -
Independent Analysis of Annual Revenues in US$ Million for
Years 2012 through 2019 and % CAGR
Table 42: Rest of Europe 15-Year Perspective for Home
Healthcare Software by Component - Percentage Breakdown of
Value Revenues for Solutions and Services for the Years 2012,
2021 & 2027
ASIA-PACIFIC
Table 43: Asia-Pacific Current & Future Analysis for Home
Healthcare Software by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 44: Asia-Pacific Historic Review for Home Healthcare
Software by Component - Solutions and Services Markets -
Independent Analysis of Annual Revenues in US$ Million for
Years 2012 through 2019 and % CAGR
Table 45: Asia-Pacific 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
REST OF WORLD
Table 46: Rest of World Current & Future Analysis for Home
Healthcare Software by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 47: Rest of World Historic Review for Home Healthcare
Software by Component - Solutions and Services Markets -
Independent Analysis of Annual Revenues in US$ Million for
Years 2012 through 2019 and % CAGR
Table 48: Rest of World 15-Year Perspective for Home Healthcare
Software by Component - Percentage Breakdown of Value Revenues
for Solutions and Services for the Years 2012, 2021 & 2027
IV. COMPETITION
Total Companies Profiled: 133
Read the full report: https://www.reportlinker.com/p06219507/?utm_source=GNW
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