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Home Healthcare Software - Global Strategic Business Report

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    Report

  • 418 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805547

Global Home Healthcare Software Market to Reach $11.8 Billion by 2030

The global market for Home Healthcare Software estimated at US$4.6 Billion in the year 2023, is projected to reach a revised size of US$11.8 Billion by 2030, growing at a CAGR of 12.4% over the analysis period 2023-2030.

Home Healthcare Solutions, one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$5.9 Billion by the end of the analysis period. Growth in the Home Healthcare Services segment is estimated at 14.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 16.7% CAGR

The Home Healthcare Software market in the U.S. is estimated at US$1.6 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 16.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 10.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 133 Featured)

  • Allscripts Healthcare Solutions, Inc.
  • AlayaCare, Inc.
  • AMC Health
  • 100Plus
  • Apple Home Healthcare
  • Amedisys, Inc.
  • Ally Home Care
  • Billiyo Health
  • CaraSolva, Inc.
  • AxisCare
  • AllCare Software Inc.
  • A&D Home Health Care
  • Accessible Solutions, Inc. (SERVTracker)
  • Aegis Healthcare Solutions, Inc.
  • Athena Health Care Systems

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Home Healthcare Software - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • 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
  • Leading Categories of Digital Health by Funding (In US$ Million)
  • 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
  • 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
  • Percentage of Population with Disabilities by Age Group
  • Aging Population A Key Demographic Driver of Growth of Home Healthcare Solutions and Services
  • 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
  • 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
  • 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 Recent Past, 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 2023 through 2030 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 2014 through 2022 and % CAGR
  • Table 3: World 16-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 2014, 2024 & 2030
  • Table 4: World Recent Past, 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 2023 through 2030 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 2014 through 2022 and % CAGR
  • Table 6: World 16-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 2014, 2024 & 2030
  • Table 7: World Recent Past, 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 2023 through 2030 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 2014 through 2022 and % CAGR
  • Table 9: World 16-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 2014, 2024 & 2030
  • Table 10: World Home Healthcare Software Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 11: USA Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 12: USA Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: USA 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
CANADA
  • Table 14: Canada Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 15: Canada Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: Canada 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
JAPAN
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 17: Japan Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 18: Japan Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: Japan 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
CHINA
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 20: China Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 21: China Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: China 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
EUROPE
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 23: Europe Recent Past, 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 2023 through 2030 and % CAGR
  • Table 24: 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 2014 through 2022 and % CAGR
  • Table 25: Europe 16-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 2014, 2024 & 2030
  • Table 26: Europe Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 27: Europe Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: Europe 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
FRANCE
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 29: France Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 30: France Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: France 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
GERMANY
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 32: Germany Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 33: Germany Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: Germany 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
ITALY
  • Table 35: Italy Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 36: Italy Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: Italy 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 38: UK Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 39: UK Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: UK 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
REST OF EUROPE
  • Table 41: Rest of Europe Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 42: 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 2014 through 2022 and % CAGR
  • Table 43: Rest of Europe 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • Home Healthcare Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 44: Asia-Pacific Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 45: Asia-Pacific Historic Review for Home Healthcare Software by Component - Solutions and Services Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 46: Asia-Pacific 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
REST OF WORLD
  • Table 47: Rest of World Recent Past, Current & Future Analysis for Home Healthcare Software by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 48: 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 2014 through 2022 and % CAGR
  • Table 49: Rest of World 16-Year Perspective for Home Healthcare Software by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2014, 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Allscripts Healthcare Solutions, Inc.
  • AlayaCare, Inc.
  • AMC Health
  • 100Plus
  • Apple Home Healthcare
  • Amedisys, Inc.
  • Ally Home Care
  • Billiyo Health
  • CaraSolva, Inc.
  • AxisCare
  • AllCare Software Inc.
  • A&D Home Health Care
  • Accessible Solutions, Inc. (SERVTracker)
  • Aegis Healthcare Solutions, Inc.
  • Athena Health Care Systems

Table Information