Assisted Living Software Market - Actionable Research on COVID-19|Demand for the Integration of eMAR to Boost the Market Growth | Technavio
Summary
LONDON--(BUSINESS WIRE)--The global assisted living software market size is poised to grow by USD 320.80 million during 2020-2024, progressing at a CAGR of almost 15% throughout the forecast period, according to the latest report by Technavio. The increasing demand for the integration of electronic medical administration records (eMAR) as one of the key drivers that will influence the market’s growth during 2020-2024. Factors such as the increasing number of the elderly population and the need for better infrastructure and awareness about technology advances will significantly drive assisted living software market growth in this region over the forecast period. • As the business impact of COVID-19 spreads, the global assisted living software market 2020-2024 is expected to have Positive and Superior growth. A wide range of analytical and statistical modeling tools are increasingly used in the assisted living industry as they offer structured and meaningful insights about operations.