North American Market Statistics
The long term post-acute care software market in the North America region will have the biggest growth during the forecast period with a revenue share of around 37%. This growth will be noticed owing to the increasing advancement in healthcare infrastructure in this region. Multiple nations have properly made large spending in the digital transformation of healthcare after understanding the revolutionary potential of digital health technology. In line with OECD data, these investments have raised from 3% of total healthcare investment in 2018 to an anticipated 8% by 2030. Thus, North America will hold the highest position in the long term post-acute care software market.
European Market Analysis
The long term post-acute care software market in the Europe region will also encounter huge growth during the forecast period and will hold the second position owing to the progressed technologies to improve the patient care system in this region. There is already a very talented pool of health creators in Europe. The 2020 and 2021 Future Unicorn Award winners from DIGITALEUROPE were both scale-ups in AI healthcare. Nevertheless, health breakthroughs frequently begin as theories in Europe before spreading to other long term post-acute care software market where the environment is more conducive to their development.
Author Credits: Radhika Pawar
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