China Long-term Care Software Market Size & Outlook
China long-term care software market, 2018-2030 (US$M)
Related Markets
China long-term care software market highlights
- The China long-term care software market generated a revenue of USD 219.1 million in 2023 and is expected to reach USD 432.7 million by 2030.
- The China market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, electronic health records (ehr) was the largest revenue generating application in 2023.
- Electronic Health Records (EHR) is the most lucrative application segment registering the fastest growth during the forecast period.
Long-term care software market data book summary
| Market revenue in 2023 | USD 219.1 million |
| Market revenue in 2030 | USD 432.7 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Electronic health records (ehr) |
| Fastest growing segment | Electronic Health Records (EHR) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 4.6% of the global long-term care software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China long-term care software market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 351.7 million by 2030.
Electronic health records (ehr) was the largest segment with a revenue share of 30.17% in 2023. Horizon Databook has segmented the China long-term care software market based on electronic health records (ehr), electronic medication administration record (emar), revenue cycle management (rcm), resident care, staff management covering the revenue growth of each sub-segment from 2018 to 2030.
China is an emerging economy with lucrative growth opportunities in the market. Its growing geriatric population and associated increase in disease burden, along with improving healthcare facilities & rising healthcare expenditure, are anticipated to propel the market growth.
In 2023, China had approximately 297 million citizens aged 60 and above, with projections from Chinese health authorities indicating this number to exceed 400 million by 2035. This demographic shift presents a significant growth opportunity for the long-term care software market.
Furthermore, major trends driving the adoption of digital health in China are the growing adoption of big data analytics, cloud computing, & mobile devices; continuous government efforts to address the unmet needs & long-standing inefficiencies in healthcare delivery; and favorable regulatory environment.
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Long-Term Care Software Market Scope
Long-Term Care Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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China long-term care software market size, by application, 2018-2030 (US$M)
China Long-Term Care Software Market Outlook Share, 2023 & 2030 (US$M)
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