Home Healthcare Software Market, Applications and Market– Industry Analysis, Size, Share, Growth and Forecast 2030
Data Bridge Market Research analyses that the Home Healthcare Software Market which is USD 10.30 billion in 2022, is expected to reach USD 20.37 billion by 2030, at a CAGR of 8.9% during the forecast period 2023 to 2030. Industry Analysis According to the U.S. Bureau of Labor Statistics, the number of home health aides and personal care aides is expected to rise by 70% between 2010 and 2020, reaching 13 million. Some of the market's drivers include an ageing population, an increased incidence rate of target diseases, and an increasing need to reduce healthcare expenditure as an economically viable initiative. Treatment costs are expected to rise steadily over the forecast period due to the rising prevalence of chronic diseases. This individualized care is a low-cost solution for controlling treatment costs and a high-impact rendering driver for the industry. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical covera