ccording to a new Non Clinical Homecare Software Market Report, the global market for home care software is growing at a rapid clip and is expected to grow at 13.5% CAGR during the forecast period, reaching 6.4 billion by 2023.
The demand for commercial home care software will grow faster than the rate of growth for consumer home care, which is approximately 7.8 % CAGR through 2020.
Home care software is specially designed customer relationship management applications that allow elder care companies to manage their operations, everything from managing caregivers and other staff to comprehensive management of client cases, communications and invoicing.
Key vendors in the US space include ComForCare Health Care Holdings, Inc., Agfa Healthcare, Allscripts, Mckesson Corporation and Hearst Corporation.
The largest segment of this market consists of agency software systems, slated to grow at 13.8% CAGR through 2023.
The private home care agency segment accounts for the largest share (34%) in the global non clinical homecare software market.
Non clinical sofware market in the Americas is forecasted to reach 2.5 Billion USD by 2023.
Telehealth software is the fastest growing segment with an expected growth of 13.9% CAGR through 2023.
More info: medgadget.com
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