Medical Case Management Market Size, Share, Growth Analysis, By Mode(Web-based Case Management, Telephonic Case Management, Field Case Management, and Bilingual Field Case Management), By Case(Chronic Pain Case Management, Catastrophic Case Management, Independent Medical Examinations, Short-term Disability), By End-user(Hospitals, Home Care Settings, and Others), By Region - Industry Forecast 2024-2031

Drivers

Increasing Prevalence of Chronic Diseases

• Rates of chronic pain, long-term and short-term disabilities, and catastrophic accidents are on the rise. Patient and care management has become essential to treating these issues and increasing patient recovery. Chronic pain is associated with many physical and psychological conditions, resulting in increased healthcare costs and loss of productivity. Several studies estimate the prevalence of chronic pain to range from 11% to 40%. Chronic pain limits mobility, interfering with daily activities; stimulate opioid dependence, anxiety and depression; Poor perceived health or decreased quality of life. According to the Centers for Disease Control and Prevention (CDC), the prevalence of chronic pain is 20.4%, and the prevalence of chronic high-impact pain is 7.4% in 2019. Chronic pain issues in women age (21.7%), non-Hispanic white adults (23.6%), and age 65 and then most commonly in older adults (30.8%). Chronic high-impact pain was more common in women (8.5%) and age 65 years and older (11.8%). This type of pain is one of the most common types of pain adults seek treatment for. Therefore, the increasing prevalence of chronic pain is driving the demand for medical case management services.

Rise in Obese Population

• The obesity rates have risen rapidly in populations in developed and developing countries worldwide. Leading an unhealthy lifestyle is one of the major factors contributing to the rise in obesity. More than 1.9 billion adults will be obese by 2020, according to the Organization for Economic Cooperation (OECD). The prevalence of overweight has risen rapidly in Canada, Australia, Chile, the UK and South Africa. The US, Mexico and England have the highest prevalence of obesity, with ~47%, 39% and 35% respectively over the next two decades.

Restraints

Issue of Privacy and Security Notices

• Processing sensitive medical information requires strict compliance with privacy laws (such as HIPAA in the United States). The need for robust security measures to protect patient data can be a major challenge for medical information systems.

Compatibility Issues

• Integrating medical information systems into existing healthcare IT infrastructure can be complex and expensive. Compatibility issues with electronic health record systems and other software can hinder seamless integration.

Limits on Medical Expenditure

• The cost of implementation and maintenance costs associated with advanced medical information management solutions can be a barrier, especially for smaller healthcare organizations or those in resource-constrained environments.