Argentina Long-term Care Software Market Size & Outlook
Related Markets
Argentina long-term care software market highlights
- The Argentina long-term care software market generated a revenue of USD 34.5 million in 2023 and is expected to reach USD 62.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, electronic health records (ehr) was the largest revenue generating application in 2023.
- Electronic Health Records (EHR) is the most lucrative application segment registering the fastest growth during the forecast period.
Long-term care software market data book summary
| Market revenue in 2023 | USD 34.5 million |
| Market revenue in 2030 | USD 62.6 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Electronic health records (ehr) |
| Fastest growing segment | Electronic Health Records (EHR) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electronic Health Records (EHR), Electronic Medication Administration Record (eMAR), Revenue Cycle Management (RCM), Resident Care, Staff Management |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global long-term care software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil long-term care software market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 241.5 million by 2030.
Electronic health records (ehr) was the largest segment with a revenue share of 30.72% in 2023. Horizon Databook has segmented the Argentina long-term care software market based on electronic health records (ehr), electronic medication administration record (emar), revenue cycle management (rcm), resident care, staff management covering the revenue growth of each sub-segment from 2018 to 2030.
In Argentina, digital healthcare is expected to grow lucratively owing to partnerships undertaken by government bodies and public & private players in the region, as well as increased funding available owing to favorable government initiatives.
For instance, in July 2023, the World Bank Board of Directors approved a USD 50 million investment to enhance public healthcare access in Argentina. This funding aims to sustain healthcare services for 6.5 million residents of Buenos Aires Province who lack private insurance.
This initiative is expected to drive growth in long term care software market by improving healthcare infrastructure. The government is undertaking partnerships with public as well as private players to strengthen the healthcare and digital healthcare infrastructure.
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Long-Term Care Software Market Scope
Long-Term Care Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Knight Health | View profile | 51-100 | South Perth, Western Australia, Australia, Oceania | https://www.knighthealth.com.au |
| Diversicare Healthcare Services | View profile | 1001-5000 | Brentwood, Tennessee, United States, North America | http://www.advocatinc.com/ |
| Atria Senior Living | View profile | 10001+ | Louisville, Kentucky, United States, North America | http://atriaseniorliving.com |
| LHC Group | View profile | 5001-10000 | Lafayette, Louisiana, United States, North America | http://lhcgroup.com/about-lhc-group |
| Home Instead | View profile | 501-1000 | Omaha, Nebraska, United States, North America | http://www.homeinstead.com |
| Sunrise Senior Living | View profile | 10001+ | Mclean, Virginia, United States, North America | https://www.sunriseseniorliving.com |
| Sonida Senior Living Inc | View profile | 3955 | 14755 Preston Road, Suite 810, Dallas, TX, United States, 75254 | https://www.sonidaseniorliving.com |
| Extendicare Inc | View profile | 22000 | 3000 Steeles Avenue East, Suite 700, Markham, ON, Canada, L3R 4T9 | https://www.extendicare.com |
| Brookdale Senior Living Inc | View profile | 36000 | 111 Westwood Place, Suite 400, Brentwood, TN, United States, 37027 | https://www.brookdale.com |
| Amedisys Inc | View profile | 19000 | 3854 American Way, Suite A, Baton Rouge, LA, United States, 70816 | https://www.amedisys.com |
| Genesis Healthcare Inc Class A | View profile | 44000 | 101 East State Street, Kennett Square, PA, United States, 19348 | http://www.genesishcc.com |
Argentina Application - Long-term Care Software Market size, 2023 - 2030 (US$M)
Argentina Long-Term Care Software Market Outlook Share, 2023 & 2030 (US$M)
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