Saudi Arabia Long-term Care Software Market Size & Outlook
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Saudi Arabia long-term care software market highlights
- The Saudi Arabia long-term care software market generated a revenue of USD 22.1 million in 2023 and is expected to reach USD 42.1 million by 2030.
- The Saudi Arabia 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 22.1 million |
| Market revenue in 2030 | USD 42.1 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, Saudi Arabia accounted for 0.5% 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 30.77% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia’s market for long term care software is in its nascent stage. There are several challenges in the adoption of EMR or EHR in the nation. Key challenges include the lack of skilled professionals, financial barriers, legal & regulatory barriers, and technical barriers.
However, several initiatives are being undertaken by the Ministry of Health to improve the country’s health information systems. For instance, the Ministry of Health collaborated with the Institute for Health Metrics and Evaluation, University of Washington, to implement integrated health systems in Saudi Arabia.
Several efforts are being undertaken to set up technological systems across healthcare settings, including LTC. The government initiatives, especially under Vision 2030, are increasing investments in healthcare modernization and technology integration.
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Long-Term Care Software Market Scope
Long-Term Care Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Knight Health | View profile | 51-100 | South Perth, Western Australia, Australia, Oceania | https://www.knighthealth.com.au |
| Diversicare Healthcare Services | View profile | 1001-5000 | Brentwood, Tennessee, United States, North America | http://www.advocatinc.com/ |
| Atria Senior Living | View profile | 10001+ | Louisville, Kentucky, United States, North America | http://atriaseniorliving.com |
| LHC Group | View profile | 5001-10000 | Lafayette, Louisiana, United States, North America | http://lhcgroup.com/about-lhc-group |
| Home Instead | View profile | 501-1000 | Omaha, Nebraska, United States, North America | http://www.homeinstead.com |
| Sunrise Senior Living | View profile | 10001+ | Mclean, Virginia, United States, North America | https://www.sunriseseniorliving.com |
| Sonida Senior Living Inc | View profile | 3955 | 14755 Preston Road, Suite 810, Dallas, TX, United States, 75254 | https://www.sonidaseniorliving.com |
| Extendicare Inc | View profile | 22000 | 3000 Steeles Avenue East, Suite 700, Markham, ON, Canada, L3R 4T9 | https://www.extendicare.com |
| Brookdale Senior Living Inc | View profile | 36000 | 111 Westwood Place, Suite 400, Brentwood, TN, United States, 37027 | https://www.brookdale.com |
| Amedisys Inc | View profile | 19000 | 3854 American Way, Suite A, Baton Rouge, LA, United States, 70816 | https://www.amedisys.com |
| Genesis Healthcare Inc Class A | View profile | 44000 | 101 East State Street, Kennett Square, PA, United States, 19348 | http://www.genesishcc.com |
Saudi Arabia Application - Long-term Care Software Market size, 2023 - 2030 (US$M)
Saudi Arabia Long-Term Care Software Market Outlook Share, 2023 & 2030 (US$M)
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