Global Nonclinical Homecare Software Market Projected to Reach USD 9,476.1 Million By 2026

11-Sep-2020 | Facts and Factors

Findings from Facts and Factors has authored “Nonclinical Homecare Software Market By Application (Agency Systems, Telehealth Systems, Non-Clinical Health Management Systems, EVV (Electronic visit verification) and Others) For Private Home Care Agency, Rehabilitation Centers/Therapy Centers, Hospice Care and Others : Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026” states that the global Nonclinical Homecare Software market in 2019 is approximately USD 3,390.2 Million. The market is anticipated to grow at a CAGR of 14.1% and is projected to reach around USD 9,476.1 Million by 2026.

Nonclinical Homecare Software Market Size

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Home Health Care software is management software that is designed specifically for the home health care industry. Only registered medical workers can provide home health care service for adults and seniors post-hospital stay. Non-Clinical Home health care software organizes and manages care providers’ skills, capabilities, and credentials to efficiently match the right provider to the right client. Non-Clinical Home health care software coordinates business operations and processes—like scheduling appointments, client/caregiver coordination, and documentation of health records and visits—to centralize workflow for efficiency, transparency, and adherence to regulation. Home health care software’s functionalities integrate with human resource, payroll, time tracking, and business intelligence software. 

Browse the full “Nonclinical Homecare Software Market By Application (Agency Systems, Telehealth Systems, Non-Clinical Health Management Systems, EVV (Electronic visit verification) and Others) For Private Home Care Agency, Rehabilitation Centers/Therapy Centers, Hospice Care and Others: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026" report at https://www.fnfresearch.com/nonclinical-homecare-software-market-by-application-agency-systems-1300

The market is driven by growing due to increasing usage of software adoption, which is a viable solution that curtails healthcare cost. In addition increasing chronic disorder coupled aging population with across the world is considered as the secondary driven factor across the world. Furthermore shortage of Medical professionals also helps in booming the non-clinical Homecare software market. Security risk followed by high maintained risk is the major restrain factor affecting the growth of the market. Government role coupled with technological advancement may consider as the big futuristic opportunities for the growth of this market. Managing COVID 19, a viral disorder is considered one of the major factors improving the growth of the market.

In Application type, the market is classified into four type’s Agency Systems, Telehealth Systems, Non-Clinical Health Management Systems, EVV (Electronic visit verification), and others. The Agency Systems dominates the global nonclinical homecare software market. The domination will remain the same within the forecasted periods. EVV Segment occupies the small share but growing at the fasted growth rate within the forecasted period.

Based on End-Users, the market is fragmented into four types: Private Home Care Agency, Rehabilitation Centers/Therapy Centers, Hospice Care and Others. Private Home Care Agency was the leading end-user segment in 2019 and accounted for 38% of the market share, owing to the huge demand from this segment. The same segment will grow at the highest CAGR within the forecasted year. Rehabilitation Centers/Therapy Centers also categories one of attractive segment for this market due to increasing cases of addiction in young age adult.

In terms of region, the market is classified into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. In America, particularly the U.S. acquires the abundant market share in the year 2019. Aging Population, chronic disorder, shortage of medical professional are the major factors attributed to the regional growth. In Europe, especially the Western European countries like Germany, France, UK is expected to remain the second most profit generating region over the forecast period.

Report Scope `

Report Attribute

Details

Market Size in 2019

USD 3,390.2 Million

Projected Market Size in 2026

USD 9,476.1 Million

CAGR Growth Rate

14.1% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

McKesson Corporation, GENERAL ELECTRIC COMPANY, Cerner Corporation, Allscripts, Medical Information Technology, Inc., Hearst Communications Inc., Siemens Healthcare Private Limited, Netsmart Technologies, Inc., Kinnser Software, Inc.., Develus Systems Inc., ComForCare Health Care Holdings, LLC, CareVoyant Inc., Agfa-Gevaert Group, Thornberry Ltd., NXGN Management, LLC, and Others

Key Segment

By Type, End-user, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Some of the most important market players in the global Nonclinical Homecare Software market

McKesson Corporation, GENERAL ELECTRIC COMPANY, Cerner Corporation, Allscripts, Medical Information Technology, Inc., Hearst Communications Inc., Siemens Healthcare Private Limited, Netsmart Technologies, Inc., Kinnser Software, Inc.., Develus Systems Inc., ComForCare Health Care Holdings, LLC, CareVoyant Inc., Agfa-Gevaert Group, Thornberry Ltd., NXGN Management, LLC and Others

The taxonomy of the Nonclinical Homecare Software Market by its scope and segmentation is as follows:

By Application type Segment Analysis

  • Agency Systems
  • Non-Clinical Health Management Systems
  • Telehealth Systems
  • EVV (Electronic visit verification)
  • Other

By End_users Segment Analysis

  • Private Home Care Agency
  • Rehabilitation Centers/Therapy Centers
  • Hospice Care
  • Others

By Region Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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