The global care management solutions market size reached US$ 16.9 Billion in 2023. Looking forward, the market is projected to reach US$ 42.8 Billion by 2032, exhibiting a growth rate (CAGR) of 10.88% during 2023-2032. The growing prevalence of chronic diseases, favorable government initiatives, and rising focus on reducing healthcare costs represent some of the key factors driving the market.
are management solutions are designed to enhance care management for patients. They comprise care plan creation, clinical coordination, appointment scheduling, data monitoring, patient intake, analytics, reporting, and patient engagement. They ensure proper medication, decrease administrative workload, and maintain coordination between multiple providers. They reduce overall healthcare costs, save time and effort, and decrease the number of hospital visits. They assist in preventing human errors, streamlining the working process, and increasing efficiency.
They also aid in improving clinical outcomes, providing high customer satisfaction, and lowering duplicative tests and procedures. Besides this, they are beneficial in managing several chronic health conditions of individuals. As they are widely utilized by healthcare organizations and service providers to improve patient care quality, the demand for care management solutions is increasing across the globe.
Besides this, the increasing prevalence of several chronic diseases among individuals, along with the rising geriatric population across the globe, is strengthening the growth of the market. In addition, governing agencies of various countries are encouraging the adoption of care management solutions by promoting patient-centric care, which is bolstering the growth of the market. Moreover, the emergence of the internet of things (IoT) and big data analytics in care management solutions, along with the increasing investments in healthcare infrastructure by profit and non-profit organizations, is offering a favorable market outlook.
In line with this, the rising demand for care management solutions, as they assist in providing easy access to data, even from remote locations, is impelling the growth of the market. Furthermore, key players are introducing a new health solution for value-based care performance improvement, which is offering lucrative growth opportunities to industry investors.
Some of the companies covered include Allscripts Healthcare Solutions Inc., Cerner Corporation, Cognizant, Epic Systems Corporation, Exlservice Holdings Inc., i2i Population Health, International Business Machines Corporation, Koninklijke Philips N.V., Medecision Inc. (Health Care Service Corporation), Pegasystems Inc., Salesforce.com Inc., Zeomega Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
2. What is the expected growth rate of the global care management solutions market during 2024-2032?
3. What are the key factors driving the global care management solutions market?
4. What has been the impact of COVID-19 on the global care management solutions market?
5. What is the breakup of the global care management solutions market based on the type?
6. What is the breakup of the global care management solutions market based on the delivery mode?
7. What is the breakup of the global care management solutions market based on the end user?
8. What are the key regions in the global care management solutions market?
9. Who are the key players/companies in the global care management solutions market?
are management solutions are designed to enhance care management for patients. They comprise care plan creation, clinical coordination, appointment scheduling, data monitoring, patient intake, analytics, reporting, and patient engagement. They ensure proper medication, decrease administrative workload, and maintain coordination between multiple providers. They reduce overall healthcare costs, save time and effort, and decrease the number of hospital visits. They assist in preventing human errors, streamlining the working process, and increasing efficiency.
They also aid in improving clinical outcomes, providing high customer satisfaction, and lowering duplicative tests and procedures. Besides this, they are beneficial in managing several chronic health conditions of individuals. As they are widely utilized by healthcare organizations and service providers to improve patient care quality, the demand for care management solutions is increasing across the globe.
Care Management Solutions Market Trends
Presently, the rising adoption of care management solutions in hospitals, clinics, and other healthcare centers to reduce overall healthcare costs represents one of the key factors supporting the growth of the market. Apart from this, the growing utilization of care management solutions, as they aid in optimizing workload and reducing administrative tasks of a business organization, is positively influencing the market. Additionally, the rising demand for safe, cost-effective, and enhanced services among individuals around the world is contributing to the growth of the market.Besides this, the increasing prevalence of several chronic diseases among individuals, along with the rising geriatric population across the globe, is strengthening the growth of the market. In addition, governing agencies of various countries are encouraging the adoption of care management solutions by promoting patient-centric care, which is bolstering the growth of the market. Moreover, the emergence of the internet of things (IoT) and big data analytics in care management solutions, along with the increasing investments in healthcare infrastructure by profit and non-profit organizations, is offering a favorable market outlook.
In line with this, the rising demand for care management solutions, as they assist in providing easy access to data, even from remote locations, is impelling the growth of the market. Furthermore, key players are introducing a new health solution for value-based care performance improvement, which is offering lucrative growth opportunities to industry investors.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global care management solutions market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, delivery mode, application and end user.Type Insights:
- Software
- Services
Delivery Mode Insights:
- Cloud-based and Web-based
- On-premises
Application Insights:
- Global Care Management Solutions Market Share, By Application (in %)
- Chronic Care Management
- Disease Management
- Utilization Management
End User Insights:
- Healthcare Payers
- Healthcare Providers
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.Some of the companies covered include Allscripts Healthcare Solutions Inc., Cerner Corporation, Cognizant, Epic Systems Corporation, Exlservice Holdings Inc., i2i Population Health, International Business Machines Corporation, Koninklijke Philips N.V., Medecision Inc. (Health Care Service Corporation), Pegasystems Inc., Salesforce.com Inc., Zeomega Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. What was the size of the global care management solutions market in 2023?2. What is the expected growth rate of the global care management solutions market during 2024-2032?
3. What are the key factors driving the global care management solutions market?
4. What has been the impact of COVID-19 on the global care management solutions market?
5. What is the breakup of the global care management solutions market based on the type?
6. What is the breakup of the global care management solutions market based on the delivery mode?
7. What is the breakup of the global care management solutions market based on the end user?
8. What are the key regions in the global care management solutions market?
9. Who are the key players/companies in the global care management solutions market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Care Management Solutions Market
6 Market Breakup by Type
7 Market Breakup by Delivery Mode
8 Market Breakup by Application
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Allscripts Healthcare Solutions Inc.
- Cerner Corporation
- Cognizant
- Epic Systems Corporation
- Exlservice Holdings Inc.
- i2i Population Health
- International Business Machines Corporation
- Koninklijke Philips N.V.
- Medecision Inc. (Health Care Service Corporation)
- Pegasystems Inc.
- Salesforce.com Inc.
- Zeomega Inc.
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 137 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 16.9 Billion |
Forecasted Market Value ( USD | $ 42.8 Billion |
Compound Annual Growth Rate | 10.8% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |