Matrix Care is a leader in cloud-connected medical devices. It offers long-term care EMR and HER software solutions. It also provides out-of-hospital software-as-a-service (SaaS) business solutions. Matrix uses innovative technology which is used in delivering healthcare. Matrix Care is a cloud-based electronic recording solution designed for senior citizens, nursing homes and home care facilities. Matrix Care was awarded best in KLAS for long term care software.
Market Data Forecast published a report named long term care software Market. It is worth USD 1.84 billion in 2018 and estimated to be growing at a CAGR of 12.5%, to reach USD 3.32 billion by 2023.
Report segmented as:
• Clinical software
• Non-clinical software
• Home Healthcare
• Nursing care
• Assisted Living Facilities
Based on the product, clinical software holds the major share in the market. Under the end-user segment, nursing care accounted for the largest share in the market.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa. North America followed by Europe leads the global market.
Key Market Players:
• Omnicell, Inc.
• Kronos Incorporated
• Health MEDX
• Point Click Care
• Matrix Care
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The scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook on the market along with recommendations from industry experts on the opportunities for investment activity.
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