North America Long-term Care Software Market

North America Long-term Care Software Market Size (2024 to 2029)

The size of the North America Long-term Care Software Market was valued at USD 0.96 billion in 2024 and Expected to grow at a CAGR of 11.45% to reach USD 1.65 billion by 2029.

This market is increased due to the incidences of chronic disease, due to the advancement of medical technology in the world; there is an increase in old people population coupled with an increase in life expectancy. Government initiatives that include long-term care software in healthcare facilities are expected to drive away from the market. Few factors which further increase the market growth are regular care, new technology facilities, which are legally taken that provide better to the older people.

It also provides good quality care with correct information, which saves time, which increases efficiency, and productivity drives market growth. An increase in the usage of mobile devices and a rise in the number of healthcare organizations and digitalization in healthcare technology are the major factors that fuel the market growth. Cloud-based technology systems are creating enormous opportunities for the market. Artificial intelligence in precision medicine is also significantly impacting the growth of the market towards positive. Increasing support from non-government organizations through investments is propelling the growth rate of the market. 

The very less adoption of long-term software care by developing countries is a significant challenge for the market, which is due to the lack of knowing the LTC. Lack of awareness towards long-term care and high cost of software maintenance are limiting the market growth. In developing countries, the unwillingness of the conventional LTC providers to legally take or own the software and not enough government initiatives are the restraining factors of the long term care software market in North America.

North American Long-term Care Software Market segmented and sub-segmented into the following categories

North America Long-term Care Software Market Analysis 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]

North America Long-term Care Software Market Analysis By Mode of Delivery

• Cloud Bases
• Web-Based 
• On-Premises

North America Long-term Care Software Market Analysis By End-User

• Home Healthcare
• Nursing Care
• Assisted Living Facilities

North America Long-term Care Software Market Analysis By Country

• the United States
• Canada
• Rest of North America

Based on the region, North America is presently leading the global market due to the increasing demand for Long-term care software and the rising aging population. Asia-Pacific has the fastest growing rate due to the emerging economies and changing population demographics.

The U.S. Long-term Care Software Market

The growing aging population and increasing Burden of Chronic Diseases are the major factors that drive the United States long term care software market. According to the report of Census Bureau’s middle series projection, the age 65 and above is 20.4 percentage in 2050 as compared to 13.3 rates in 2010 in the United States population. It can be rising the need for Nursing homes and accommodated living facilities, where the use of long-term software service is essential. This factor has anticipated the growth of the market.

Canada Long-term Care Software Market

The Canadian government authority supports long-term care software for the elderly by the Medicare and Medicaid systems, propel the growth of the long-term care software market in this region. The reasonable adoption rate of new technology software services across Canada, such as internet-enabled home monitors, digitization of data, telemedicine, and mobile health (mHealth) apps and adoption of cloud-based solutions, is likely to help to the growth of the market in the future. Increasing the prevalence of chronic disease in Canada increases the growth of the market. According to the report, 12.9% of Canadian adults aged above 20 years have two or more chronic conditions.

KEY MARKET PLAYERS

Promising Companies leading the North America 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.