analysts forecast the global
assisted living software market to grow to USD 255.44
million by 2021, at a CAGR of more than 9% over the forecast period,
according to their latest report.
The research study by Technavio on the global
assisted living software market for 2017-2021 provides a
detailed industry analysis based on the deployment (on-premises and
cloud) and geography (the Americas, EMEA, and APAC).
Assisted living software is an application used to improve the
communication with residents and their families, as well as to
increase the quality of the services delivered. The assisted living
software also ensures compliance with healthcare and safety
regulations. The success of assisted living facilities to properly
manage both the clinical and care management aspects is expected to
drive the market growth.
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Technavio analysts highlight the following three factors that are
contributing to the growth of the global assisted living software market:
- Amplified demand for improved quality of care
- Increased demand for eMAR integration
- Need for workflow automation
Amplified demand for improved quality of care
“The quality of care provided greatly improves the quality of life
for residents in senior living communities. Assisted living software
helps the staff to consistently deliver and document individualized,