U.S. Long Term Care Software Market: Trends, Growth, and Forecast 2030
The U.S. long term care software market size is expected to reach USD 2.95 billion by 2030, exhibiting a CAGR of 11.49% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing geriatric population and the growing prevalence of chronic diseases are propelling segment growth. With increasing life expectancy, the healthcare demand of the population is increasing. Long-term care software is widely used to track health data for patients. They are used by LTC facilities such as nursing homes, home healthcare agencies, and senior living facilities for patient assessment, care notes, workflow management, billing, insurance, staff management, and other purposes. Increasing government efforts to boost software adoption in the healthcare system is likely to augment market growth.The market is influenced by various government programs & initiatives that aim to improve the healthcare infrastructure and provide affordable care solutions to th...