Europe Long-term Care Software Market

Europe Long-term Care Software Market Size (2023 to 2028)

The size of the Europe Long-term Care Software Market was worth USD 0.60 billion in 2023 and Expected to grow at a CAGR of 11.89% to reach USD 1.05 billion by 2028.

Long-term care is a clinical service that helps both the medical and non-medical needs of people with a disability or chronic diseases who cannot take care of themselves. It is concentrated on the individualized and coordinated services which give independence, quality life for the patient and also provide services to patient needs from time to time. Various levels of long-term care include day program, home care, nursing home, senior housing, continuing care retirement community, and assisted living.

Long-term software is a fully integrated electronic health record and other non-clinical solutions to increase patient care, decrease labor costs, and maintain compliance. Data is entered into the software where it programs and flows through the system for various facilities. It helps in providing the consolidated reports for multiple facilities, offers good quality care with accurate information, saves time, automatic inter-facility accounting, boosts efficiency and productivity, maintains records over long periods, and reduces the risk of redundancy by eliminating inconsistencies in documentation.

An increase in the aging population, rising prevalence of chronic diseases, a shortage of skilled nursing personnel, rise in disposable income, increasing healthcare reforms and government initiatives, opportunities offered by remote patient monitoring systems and cloud-based software are expected to boost the demand for the Europe long-term care software market. However, lack of awareness, high software maintenance costs, the reluctance of conventional LTC providers to adopt software and insufficient government initiatives in developing countries are restraining the growth of the market.

Europe Long-term Care Software Market is segmented and sub-segmented into the following categories.

• By Product: Clinical Software [EMR/EHR, E-Prescribing, Electronic Medication Administration Records, Clinical Decision Support Systems], Non-clinical Software, Payroll Management, And Billing [Remote Patient Monitoring Systems, Real-time Location Systems, Remote Training & Supervision Systems, Invoicing & Scheduling Software].
• By Mode of Delivery: Cloud Bases, Web-Based, On-Premises.
• By End User: Home Healthcare, Nursing Care, Assisted Living Facilities.
• By Country: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.

Based on the region, Germany leads the market, followed by France and U.K. The market in this region is projected to grow strongly during the forecast period due to various factors such as growing awareness and favorable reimbursement policies.

Prominent Companies leading the Europe Long-term Care Software Market Profiled in the Report are AOD Software, Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, Omnicare, Inc., Omnicell, Inc., Kronos incorporated, HealthMEDX, PointClickCare, Matrix Care, Sigma Care, and Optimus EMR.