Global Long-Term Care Software Market is slated to see a lucrative CAGR of 11 to 13% by 2027
Long-term care software is mainly used for the management and support of long-term healthcare facilities such as nursing homes, assisted living facilities, hospitals, and independent living services such as home healthcare services. Long-term care software includes Clinical Software (EMR/EHR, E-prescribing, Electronic Medical Administration Records, Clinical Decision Support Systems) and Non-Clinical Software [Real-time locating systems (RTLS), Billing, Invoicing, & Scheduling, Payroll Management]. Growing Aging Population Propels the Demand for Novel Long-Term Care Software Solutions WHO forecasts that by 2030, 1/6 of users in the world will be over the age group of 60 years old. The trend is slated to grow as developing regions has begin to witness grown life expectancies. In many developed regions, populations already have an increased elderly populations, i.e 29% of the population in Japan is over the age of 65 and similar growth is being witnessed in European countri...