What is the global market size of Care Management Solutions Market?

Global Care Management Solutions Market size was valued at USD 10.04 billion in 2021 and is poised to grow from USD 11.5 billion in 2022 to USD 33.74 billion by 2030, growing at a CAGR of 14.4% in the forecast period (2023-2030).

Care Management Solutions Market Size, Share, Growth Analysis, By Component(Software and Services), By Mode of Delivery(Web-based, Cloud-based, and on premise), By Application(Disease Management, Case Management, Utilization Management, and Others), By End User(Healthcare providers, and Healthcare payers.), By Region - Industry Forecast 2024-2031

Q: What is the key driver of Global Care Management Solutions Market?

Numerous measures have been put in place on a global scale to shift the risk-bearing responsibility from healthcare payers to providers. This change encourages the implementation of healthcare information technology (HCIT) solutions to cut wasteful spending and improve the effectiveness of healthcare services. Additionally, alternative payment models including physician incentives, bundled payments, and customer incentives, among others, further support value-based care.

Report ID: SQMIG35G2091 | Region: Global | Published Date: July, 2024
Pages: 237 | Tables: 115 | Figures: 77

Care Management Solutions Market Regional Insights

In terms of region, North America dominated the global care management solutions market. In North America, the U.S. dominates the market. The market in North America is expanding as a result of factors like increased awareness of patient care solutions, technical advancements, and rising acceptance of cutting-edge technology.

The care management solutions market is growing more rapidly in the Asia-Pacific region. Growing investments and partnerships between market participants are responsible for the expansion of the Asia-Pacific market. In order to integrate the iPro Anaesthesia platform throughout all of Sing Health’s facilities, Sing Health, a healthcare company with a Singaporean base, worked with Allscripts.

Care Management Solutions Market Report Snapshots

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Care Management Solutions Market size was valued at USD 10.04 billion in 2019 and is poised to grow from USD 11.5 billion in 2023 to USD 33.74 billion by 2031, growing at a CAGR of 14.4% in the forecast period (2024-2031).

There are a number of major players in the fragmented and competitive market for care management solutions. The market is populated by major corporations like Allscripts Healthcare Solutions, Axis point Health, EPIC Corporation Inc., Exl Healthcare, Health smart Holdings Inc., I2I Systems Inc., Me decision Inc., Phytel Inc. (IBM Corporation), TriZetto Corporation, Ze omega Inc., Centene Corporation (Evolve), InfoMC, Optum, Inc., and Care Harmony, Inc. 'Allscripts Healthcare Solutions, Inc.', 'Cerner Corporation', 'Koninklijke Philips N.V.', 'Epic Systems Corporation', 'IBM Corporation', 'McKesson Corporation', 'Athenahealth, Inc.', 'Medecision, Inc.', 'WellSky Corporation', 'ZeOmega Inc.', 'Allscripts Healthcare Solutions, Inc.', 'EXL Healthcare', 'Pegasystems Inc.', 'Casenet, LLC', 'Cognizant Technology Solutions Corporation', 'Infosys Limited', 'Health Catalyst, Inc.', 'TriZetto Corporation', 'Wipro Limited', 'Salesforce.com, Inc.'

Numerous measures have been put in place on a scale to shift the risk-bearing responsibility from healthcare payers to providers. This change encourages the implementation of healthcare information technology (HCIT) solutions to cut wasteful spending and improve the effectiveness of healthcare services. Additionally, alternative payment models including physician incentives, bundled payments, and customer incentives, among others, further support value-based care.

The capacity of disease management solutions to lower healthcare costs through protocol management and prevent disease through comprehensive medical management is credited with the strong growth of this market. The majority of healthcare spending goes toward treating people with chronic disease conditions; as a result, disease management lowers inpatient and outpatient expenses. Furthermore, the chronic care management segment is anticipated to expand significantly over the course of the forecast period due to rising chronic disease prevalence and increased awareness. Disease management is the idea that by preventing or minimising the effects of a disease through integrated care, healthcare costs can be reduced and the quality of life for people with chronic illnesses can be improved. The management of diseases has become a promising strategy for improving care for patients with chronic illnesses.

In terms of region, North America dominated the care management solutions market. In North America, the U.S. dominates the market. The market in North America is expanding as a result of factors like increased awareness of patient care solutions, technical advancements, and rising acceptance of cutting-edge technology.

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Care Management Solutions Market Regional Insights

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