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

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).

Care management is the term for a group of activities designed to enhance patient care and save medical expenses by helping patients and caregivers better manage their health issues. A smart care management solution includes a complete range of features as standard, enabling healthcare organisations to improve patient outcomes while cutting costs. Examples of this include care coordination, population health management, and electronic medical records. Many companies are quite skilled at care management, yet they rely on non-scalable commercial or homegrown solutions.

The global market is growing as a result of the convergence of all costs made possible by care management solutions. A variety of factors, including the introduction of government regulations encouraging the adoption of HCIT solutions and higher government healthcare spending, are fueling the growth of the market in Asia. As the global population ages and chronic diseases increase in prevalence, care management solutions are becoming more and more crucial.

US Care Management Solutions Market is poised to grow at a sustainable CAGR for the next forecast year.