Kuwait Long-term Care Software Market Size & Outlook
Kuwait long-term care software market, 2018-2030 (US$M)
Related Markets
Kuwait long-term care software market highlights
- The Kuwait long-term care software market generated a revenue of USD 4.4 million in 2023 and is expected to reach USD 8.4 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 9.6% 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 4.4 million |
| Market revenue in 2030 | USD 8.4 million |
| Growth rate | 9.6% (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, Kuwait accounted for 0.1% 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 Middle East & Africa, South Africa long-term care software market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 36.0 million by 2030.
Electronic health records (ehr) was the largest segment with a revenue share of 31.82% in 2023. Horizon Databook has segmented the Kuwait 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.
Players in Kuwait's long term care software market aim to enhance data management, improve technology utilization, and strengthen public health policies. These initiatives include the implementation of EHRs in LTC, plans for personalized healthcare records & an online portal for emigrants, and the introduction of a national health information management strategy.
In addition, efforts are being made to establish connections with local and global medical industries to promote health technology utilization and increase global market access. However, the market in Kuwait faces challenges such as a shortage of local healthcare professionals, heavy reliance on foreign nationals, high turnover rates, and issues with patient wait times.
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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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Kuwait long-term care software market size, by application, 2018-2030 (US$M)
Kuwait Long-Term Care Software Market Outlook Share, 2023 & 2030 (US$M)
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