FMI Home Healthcare Software Market Expected to Expand | Page 7
Home Healthcare Software Market
Home Healthcare Software Market: Overview
With rapid acceptance of technology and taking into account the above mentioned drivers and other
macroeconomic factors, it is expected to grow at a rate of around 13-15% in the forecast years (20152025). The home healthcare software market will reach four times by 2025. There was an immense
demand for home healthcare software in the recent past and as per our estimates, it will witness further
growth in the forecast years as well. The emphasis of using such kind of systems by different healthcare
agencies has prompted companies to focus more on the existing technologies and products.
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Home Healthcare Software Market: Regional Outlook
Geographically, the global home healthcare software market is segmented into North America, Latin
America (LATAM), Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle
East and African regions. At present, North America dominates the global home healthcare software
market followed by Western Europe. Factors such as existence of highly developed healthcare
infrastructure, rapid adoption of advanced technologies and higher rate of implementation of innovative
technology in the practice are driving the North America home healthcare software market towards
growth. Asia-Pacific is lucrative market for home healthcare software due to the easy availability of skilled
manpower, innovations and highly developed information technology sectors in the emerging countries
mainly China and India. India accounts for second largest population pool in the world. With aging of
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