Global Assisted Living Software Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Assisted Living Software Market.
Companies Mentioned are American Healthtech, Yardi Systems, RealPage, PointClickCare, MatrixCare, AL Advantage, Assisted Living Soft, Caremerge, Carevium, CareVoyant, Dude Solutions, ECP, Eldermark, iCareManager, Medtelligent, and VITALS SOFTWARE.
The global Assisted Living Software market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
This independent 70 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Assisted Living Software market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Assisted Living Software in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Assisted Living Software industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Assisted Living Software industry development trends and marketing channels are analyzed.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Assisted Living Software on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Assisted Living Software Market and assist manufacturers and investment organization to better grasp the development course of Assisted Living Software Market.
Commenting on the report, an analyst from MIR’s team said: “One trend in the market is increased adoption of analytics in assisted living software. Big data and analytics is gaining popularity in the assisted living industry as a wide variety of analytical and statistical modeling tools are being used in facilities to get structured and meaningful insights about operations. The assisted living care provider organizations are generating a massive amount of data, such as resident health information records and non-clinical data, such as administrative and financial data.”
According to the report, one driver in the market is need for workflow automation. The assisted living software automates and streamlines paper processes with online forms and automated workflows. From incident reporting to revised policies, it can effectively track and manage pre-built forms and simple automated approval processes. Features of the assisted living software, such as resident evaluation, automatically link custom resident assessments to community care planning, guaranteeing that the appropriate care and billing levels are provided for each resident.
Further, the report states that one challenge in the market is threat from open-source assisted living software. The global assisted living software market has open-source vendors that provide a range of business analytic tools and applications. The open-source assisted living software can be downloaded and run on all platforms. As the purchasing and licensing costs of the commercial MPMS is high, numerous small- and medium-sized facilities and individual users prefer open-source products, which are freely available on the Internet.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.