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Long-term Care Software Market Worth $7,561.9 Million by 2019 - New Report by MarketsandMarkets

The report will encourage both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help firms to garner greater market shares. Firms purchasing this report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for reaping a greater market share.

Details Report Copy @ http://www.marketsandmarkets.com/Market-Reports/long-term-care-software-market-2959239.html

The global long-term care software market is expected to grow at a CAGR of 13.7% during the forecast period of 2014 to 2019 and is estimated to be worth $7,561.9 million by 2019.

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=2959239

The long-term care software market by product is comprised of clinical solutions and non-clinical solutions. The clinical solutions segment includes EMR/EHR, e-prescribing, electronic medication administration records, and clinical decision support systems. The non-clinical solutions segment includes real time location systems, remote patient monitoring systems, remote training and supervision systems, payroll management, talent management software and billing, invoicing and scheduling software. The market by mode of delivery covers three modes of software delivery such as on-premises, web based, and cloud based software. Home health agencies, nursing homes and assisted living facilities, and hospice facilities are the major end-users covered in this report. The report analyses major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.

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The North American region will continue to dominate the long-term care software market by 2019. This market will be primarily driven by increasing demand for long term care software with the changing population demographics. On the other hand, Asia-Pacific region is anticipated to witness significant growth from 2014 to 2019 with majority of the growth primarily driven by rising proportion of ageing population in the countries such as China and India and economic growth of this region.

The prominent players in the global LTC software market are Cerner Corporation (U.S.), Omnicare, Inc. (U.S.), AOD Software (U.S.), Kronos (U.S.), PointClickCare (Canada), Omnicell, Inc. (U.S.), McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Optimus EMR (U.S.), and HealthMEDX, LLC (U.S.).

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 full-time analysts and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, and identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Mr. Rohan

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Sunday, December 28, 2014

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