Key Growth Drivers:
- Increasing Elderly Population
According to World Population Prospects 2020, the world population over the age of 65 was 703 million in 2020. The number of older people is expected to double by 2050 to reach 1.5 billion. The global proportion of the elderly population is projected to increase from 6% in 1990 to 9% in 2020 and further to 16% by 2050, with one in six people worldwide 65 years old. There was also a shift from hospitals to home care.
- Increasing Incidence of Dementia
The hospice services segment is expected to experience the fastest growth during the forecast period due to the increased incidence of Alzheimer's disease and dementia and increased post-hospital care. In addition, compensation provided by both Medicaid and private insurance companies freed residents from the out-of-pocket costs they had to pay.
The report outlines the involvement of key players, including:
Allscripts Healthcare LLC (U.S.), Atria Senior Living, Inc.,LLC (U.S.), ADL Data Systems, Inc. (U.S.), Omnicell, Inc. (U.S.), Netsmart Technologies, Inc. (U.S.), ResMed (U.S.), McKesson Corporation (U.S.), PointClickCare (Canada), MatrixCare (U.S.), Extendicare (Canada), Genesis Healthcare (U.S.), Home Instead, Inc (U.S.), Knight Health Holdings, LLC (U.S.), Trinity Health (U.S.), Columbia Asia (Malaysia), among others.
Key Market Segmentation
Product (EHR, eMAR, Payroll Management), Mode of Delivery (Web-Based, On-Premises, Cloud-Based)
The Nursing Homes and Long-Term Care Facilities market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here's an overview of the regions and the countries they include:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
- South America: Brazil, Argentina, and other countries in South America.
Know More about This Premium Research Report @ https://www.databridgemarketresearch.com/reports/global-nursing-homes-and-long-term-care-facilities-market
Browse More Reports:
https://www.databridgemarketresearch.com/reports/global-eosinophil-driven-diseases-market
https://www.databridgemarketresearch.com/reports/global-barretts-esophagus-market
https://www.databridgemarketresearch.com/reports/global-renal-drugs-market
https://www.databridgemarketresearch.com/reports/global-edema-treatment-market
https://www.databridgemarketresearch.com/reports/global-preventable-vaccines-market
https://www.databridgemarketresearch.com/reports/global-pancreatic-cancer-treatment-market
About Data Bridge Market Research, Private Ltd
Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.
Contact Us
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – [email protected]
