Global Long-term Care Software Market Size & Outlook
The long-term care software industry worldwide is expected to reach a projected revenue of US$ 8,213.9 million by 2030. A compound annual growth rate of 8.3% is expected of the worldwide long-term care software industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,712.4
Forecast, 2030 (US$M)
$8,213.9
CAGR, 2024 - 2030
8.3%
Report Coverage
Worldwide
Global long-term care software market, 2018-2030 (US$M)
Related Markets
Global long-term care software market highlights
- The global long-term care software market generated a revenue of USD 4,712.4 million in 2023 and is expected to reach USD 8,213.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.3% by 2030.
- In terms of segment, electronic health records (ehr) accounted for a revenue of USD 1,402.7 million in 2023.
- Electronic Health Records (EHR) is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,712.4 million |
| Market revenue in 2030 | USD 8,213.9 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Electronic health records (ehr) |
| Fastest growing segment | Electronic Health Records (EHR) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electronic Health Records (EHR), Electronic Medication Administration Record (eMAR), Revenue Cycle Management (RCM), Resident Care, Staff Management |
Other key industry trends
- In terms of revenue, the North America accounted for 51.0% of the global long-term care software market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 3,409.4 million by 2030.
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Long-Term Care Software Market Scope
Long-term care software market segmentation & scope
Others
Long-Term Care Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global long-term care software market size, by regions, 2018-2030 (US$M)
Top 10 countries: Long-term care software market size, 2023 (US$M)
Global long-term care software market share, by application, 2023 & 2030 (%, US$M)
Long-term care software market: Opportunity assessment by country
Global long-term care software market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,828.6 | 1,893.1 | 1,990.5 | 2,099.4 | 2,234.4 | 2,404.6 | 2,599.6 | 2,808.9 | 3,027.2 | 3,253.9 | 3,488.4 | 3,730.0 | 3,977.7 | 7.5% |
| Europe | 831.6 | 862.9 | 909.3 | 961.3 | 1,025.5 | 1,106.2 | 1,198.7 | 1,298.4 | 1,402.7 | 1,511.5 | 1,624.5 | 1,741.4 | 1,861.8 | 7.7% |
| Asia Pacific | 540.7 | 578.8 | 628.8 | 685.0 | 752.5 | 835.4 | 931.2 | 1,037.0 | 1,151.3 | 1,274.3 | 1,406.2 | 1,547.0 | 1,696.7 | 10.7% |
| Latin America | 148.0 | 155.8 | 166.7 | 178.8 | 193.6 | 211.9 | 232.9 | 256.0 | 280.6 | 306.7 | 334.4 | 363.6 | 394.3 | 9.3% |
| MEA | 109.0 | 114.5 | 122.2 | 130.8 | 141.3 | 154.4 | 169.4 | 185.8 | 203.2 | 221.7 | 241.2 | 261.8 | 283.4 | 9.1% |
| Overall | 3,457.8 | 3,605.1 | 3,817.5 | 4,055.3 | 4,347.3 | 4,712.4 | 5,131.9 | 5,586.1 | 6,065.0 | 6,568.1 | 7,094.6 | 7,643.7 | 8,213.9 | 8.3% |
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