Market Snapshot:
The aged care industry is constantly expanding, and there have been numerous technological advancements in the industry. Aged care software is one such technological advancement. This is a very useful tool for those who work in the aged care industry because it greatly aids the management process. This enables industry workers to improve their services and provide better care. Aged Care Software is a platform for organizations that provide aged care services that is future-ready to manage funding under the proposed aged care funding scheme and provides the necessary tools for managing aged care clients.
Highlights from Aged Care Software Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Players profiled in the report are AlayaCare (Canada), Hospitality Dietary Solutions Group Pty Ltd. (Australia), Autumn Care (Australia), Inerva (Australia), Telstra Health (Australia), Vcaresoftware (United States), ShiftCare (Australia), Leecare Solutions (Australia), Mirus Australia (Australia) and TriMicro (Australia). Additionally, other players that are part of this comprehensive study are e-Tools (Australia), Health Metrics (United States), Lumary (Australia), care-planner (United Kingdom), Datanova (Australia) and CareLynx (Australia).
Geographic Breakdown and Segment Analysis
The Global Aged Care Software market presents a comprehensive analysis of the Aged Care Software market and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Aged Care Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Aged Care Software market
Analyst at AMA have segmented the market study of Global Aged Care Software market by Type, Application and Region.
Influencing Trend:
Growing Popularity of Cloud-Based Solutions Among the Aged Care Organizations
Market Growth Drivers:
The increasing Aged population is expected to boost the growth of the Aged Care software market
Challenges:
Rising Incidences Of Data Breach & Loss Of Confidentiality and Technical Errors and Fewer Features in Some Aged Care Software
Restraints:
Lower Adoption Of Aged Care Software In Undeveloped Countries
Opportunities:
Rising Demand due to Increasing Awareness, Rising Prevalence of Diseases and Increasing Internet penetration for Some Aged Care Software
Market Developments Activities:
On June 11, 2019- Smith & Nephew plc, the global medical technology business, today announces that it has agreed to acquire Atracsys Sàrl, the Switzerland-based provider of optical tracking technology used in computer-assisted surgery.
On 30 March 2022, Telstra Health launches residential aged care app. According to a press statement, the CareKeeper app enables staff to view, capture, and document care by a resident's side in real-time through a mobile device. The app is hosted on the Microsoft Azure cloud and features security capabilities like role-based access, unique log-in credentials, and automatic log out.
The market for Aged Care Software is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as service innovation and using various marketing strategies to gain a higher market share.
Key Target Audience
Aged Care Software Developer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others