The US market dominated the North America Clinical Risk Grouping Solution Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $489.8 million by 2031. The Canada market is experiencing a CAGR of 14.8% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 13.9% during 2024-2031.
A clinical risk grouping solution is a healthcare technology tool designed to categorize or "group" patients based on their risk of experiencing certain health outcomes, such as complications, hospitalizations, or the progression of chronic diseases.
Additionally, these solutions use various data inputs, including electronic health records (EHRs), claims data, demographic information, and sometimes social determinants of health, to analyze and stratify patients according to their risk levels.
North American healthcare providers are increasingly adopting these solutions to enhance patient outcomes, reduce healthcare costs, and comply with government regulations. Furthermore, the growing incidence of chronic diseases in the United States is a significant factor that is driving the demand for clinical risk classification systems. According to the Centers for Disease Control and Prevention (CDC), chronic disease affects 6 in 10 adults in the US, while 4 in 10 adults live with multiple chronic diseases. Chronic diseases represent one of the nation’s leading causes of disability and drivers of the nation’s $4.1 trillion in annual healthcare spending.
List of Key Companies Profiled
- Conduent, Incorporated
- 3M Company
- Oracle Corporation (Cerner Corporation)
- Microsoft Corporation (Nuance Communications, Inc.)
- Health Catalyst, Inc.
- Koninklijke Philips N.V.
- Siemens Healthineers AG (Siemens AG)
- HBI Solutions
- Lightbeam Health Solutions
- Reveleer
Market Report Segmentation
By Product
- Software
- Services
By End-use
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Long Term Care Centers
- Other
By Deployment
- Private Cloud
- Public Cloud
- Hybrid Cloud
By Application
- Population Health Management
- Chronic Disease Management
- Clinical Decision Support
- Fraud Detection and Prevention
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- Conduent, Incorporated
- 3M Company
- Oracle Corporation (Cerner Corporation)
- Microsoft Corporation (Nuance Communications, Inc.)
- Health Catalyst, Inc.
- Koninklijke Philips N.V.
- Siemens Healthineers AG (Siemens AG)
- HBI Solutions
- Lightbeam Health Solutions
- Reveleer
Methodology
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