Care management refers to any efforts focused on improving patient care by assisting patients and caregivers in effectively managing their medical problems. Care management solutions are internet based integrated healthcare solutions, which provide quality care to patients through software and services at minimum risk and in a cost-effective manner. Patient education, population management, medication management, and health care planning are some examples of management of care.
The growth of global care management solutions market is majorly driven by alarming increase in prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases; surge in geriatric population, rise in awareness about low-cost care management solutions; and upsurge in demand for care management solutions among healthcare providers.
However, loss of confidentiality and patient’s data breaches hinder the growth of the market. In addition, scarcity of skilled professionals to efficiently use care management solutions is the factor, which is expected to negatively impact the growth of the market.
The care management solutions market is segmented into component, mode of delivery, application, end user, and region. By component, the market is categorized into software and services. On the basis of mode of delivery, the market is segregated into on-premise and cloud-based. By application, the market is classified into disease management, case management, and others. On the basis of end user, the market is fragmented into healthcare providers (hospitals & physician group, ambulatory care centers, and others), healthcare payers, and others. Region wise, the market is analyzed across North America (the U. S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Major key players that operate in the global care management solutions market are Allscripts Healthcare Solutions, Inc., Altruista Health, Inc., AthenaHealth, Casenet, LLC, Cedar Gate Technologies, LLC, Cognizant, Epic Systems Corporation, ExlService Holdings, Inc., Health Catalyst Inc., i2i Systems Inc., Medecision Inc., and ZeOmega Inc.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the care management solutions market analysis from 2021 to 2031 to identify the prevailing care management solutions market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the care management solutions market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global care management solutions market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
- Software
- Services
By Mode of Delivery
- On-premise
- Cloud-based
By End User
- Healthcare Providers
- Typte
- Hospitals and Physician Groups
- Ambulatory Care Centers
- Others
- Healthcare Payers
- Others
By Application
- Disease Management
- Case Management
- Others
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest Of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest Of LAMEA
Key Market Players
- Allscripts Healthcare Solutions, Inc.
- Athenahealth
- axispoint health
- Casenet LLC
- Cerner Corporation
- Cognizant Technology Solutions Corp.
- Epic Systems Corporation
- epic systems corporation
- EXL Service Holdings, Inc.
- Healthsmart Holdings Inc
- I2I Systems Inc.
- Medecision Inc.
- ZeOmega Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: CARE MANAGEMENT SOLUTIONS MARKET, BY COMPONENT
4.1 Overview
4.1.1 Market size and forecast
4.2 Software
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Services
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: CARE MANAGEMENT SOLUTIONS MARKET, BY MODE OF DELIVERY
5.1 Overview
5.1.1 Market size and forecast
5.2 On-premise
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Cloud-based
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: CARE MANAGEMENT SOLUTIONS MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Disease Management
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Case Management
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Others
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: CARE MANAGEMENT SOLUTIONS MARKET, BY END USER
7.1 Overview
7.1.1 Market size and forecast
7.2 Healthcare Providers
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.2.4 Healthcare Providers Care Management solutions Market by Typte
7.2.4.1 Hospitals and Physician Groups Market size and forecast, by region
7.2.4.2 Ambulatory Care Centers Market size and forecast, by region
7.2.4.3 Others Market size and forecast, by region
7.3 Healthcare Payers
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Others
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
CHAPTER 8: CARE MANAGEMENT SOLUTIONS MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Component
8.2.3 North America Market size and forecast, by Mode of Delivery
8.2.4 North America Market size and forecast, by Application
8.2.5 North America Market size and forecast, by End User
8.2.5.1 North America Healthcare Providers Care Management solutions Market by Typte
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Market size and forecast, by Component
8.2.6.1.2 Market size and forecast, by Mode of Delivery
8.2.6.1.3 Market size and forecast, by Application
8.2.6.1.4 Market size and forecast, by End User
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Component
8.2.6.2.2 Market size and forecast, by Mode of Delivery
8.2.6.2.3 Market size and forecast, by Application
8.2.6.2.4 Market size and forecast, by End User
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Component
8.2.6.3.2 Market size and forecast, by Mode of Delivery
8.2.6.3.3 Market size and forecast, by Application
8.2.6.3.4 Market size and forecast, by End User
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Component
8.3.3 Europe Market size and forecast, by Mode of Delivery
8.3.4 Europe Market size and forecast, by Application
8.3.5 Europe Market size and forecast, by End User
8.3.5.1 Europe Healthcare Providers Care Management solutions Market by Typte
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Component
8.3.6.1.2 Market size and forecast, by Mode of Delivery
8.3.6.1.3 Market size and forecast, by Application
8.3.6.1.4 Market size and forecast, by End User
8.3.6.2 France
8.3.6.2.1 Market size and forecast, by Component
8.3.6.2.2 Market size and forecast, by Mode of Delivery
8.3.6.2.3 Market size and forecast, by Application
8.3.6.2.4 Market size and forecast, by End User
8.3.6.3 UK
8.3.6.3.1 Market size and forecast, by Component
8.3.6.3.2 Market size and forecast, by Mode of Delivery
8.3.6.3.3 Market size and forecast, by Application
8.3.6.3.4 Market size and forecast, by End User
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Component
8.3.6.4.2 Market size and forecast, by Mode of Delivery
8.3.6.4.3 Market size and forecast, by Application
8.3.6.4.4 Market size and forecast, by End User
8.3.6.5 Spain
8.3.6.5.1 Market size and forecast, by Component
8.3.6.5.2 Market size and forecast, by Mode of Delivery
8.3.6.5.3 Market size and forecast, by Application
8.3.6.5.4 Market size and forecast, by End User
8.3.6.6 Rest of Europe
8.3.6.6.1 Market size and forecast, by Component
8.3.6.6.2 Market size and forecast, by Mode of Delivery
8.3.6.6.3 Market size and forecast, by Application
8.3.6.6.4 Market size and forecast, by End User
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Component
8.4.3 Asia-Pacific Market size and forecast, by Mode of Delivery
8.4.4 Asia-Pacific Market size and forecast, by Application
8.4.5 Asia-Pacific Market size and forecast, by End User
8.4.5.1 Asia-Pacific Healthcare Providers Care Management solutions Market by Typte
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 Japan
8.4.6.1.1 Market size and forecast, by Component
8.4.6.1.2 Market size and forecast, by Mode of Delivery
8.4.6.1.3 Market size and forecast, by Application
8.4.6.1.4 Market size and forecast, by End User
8.4.6.2 China
8.4.6.2.1 Market size and forecast, by Component
8.4.6.2.2 Market size and forecast, by Mode of Delivery
8.4.6.2.3 Market size and forecast, by Application
8.4.6.2.4 Market size and forecast, by End User
8.4.6.3 Australia
8.4.6.3.1 Market size and forecast, by Component
8.4.6.3.2 Market size and forecast, by Mode of Delivery
8.4.6.3.3 Market size and forecast, by Application
8.4.6.3.4 Market size and forecast, by End User
8.4.6.4 India
8.4.6.4.1 Market size and forecast, by Component
8.4.6.4.2 Market size and forecast, by Mode of Delivery
8.4.6.4.3 Market size and forecast, by Application
8.4.6.4.4 Market size and forecast, by End User
8.4.6.5 South Korea
8.4.6.5.1 Market size and forecast, by Component
8.4.6.5.2 Market size and forecast, by Mode of Delivery
8.4.6.5.3 Market size and forecast, by Application
8.4.6.5.4 Market size and forecast, by End User
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Component
8.4.6.6.2 Market size and forecast, by Mode of Delivery
8.4.6.6.3 Market size and forecast, by Application
8.4.6.6.4 Market size and forecast, by End User
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Component
8.5.3 LAMEA Market size and forecast, by Mode of Delivery
8.5.4 LAMEA Market size and forecast, by Application
8.5.5 LAMEA Market size and forecast, by End User
8.5.5.1 LAMEA Healthcare Providers Care Management solutions Market by Typte
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Component
8.5.6.1.2 Market size and forecast, by Mode of Delivery
8.5.6.1.3 Market size and forecast, by Application
8.5.6.1.4 Market size and forecast, by End User
8.5.6.2 Saudi Arabia
8.5.6.2.1 Market size and forecast, by Component
8.5.6.2.2 Market size and forecast, by Mode of Delivery
8.5.6.2.3 Market size and forecast, by Application
8.5.6.2.4 Market size and forecast, by End User
8.5.6.3 South Africa
8.5.6.3.1 Market size and forecast, by Component
8.5.6.3.2 Market size and forecast, by Mode of Delivery
8.5.6.3.3 Market size and forecast, by Application
8.5.6.3.4 Market size and forecast, by End User
8.5.6.4 Rest of LAMEA
8.5.6.4.1 Market size and forecast, by Component
8.5.6.4.2 Market size and forecast, by Mode of Delivery
8.5.6.4.3 Market size and forecast, by Application
8.5.6.4.4 Market size and forecast, by End User
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Allscripts Healthcare Solutions, Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Athenahealth
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 axispoint health
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Casenet LLC
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Cerner Corporation
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Cognizant Technology Solutions Corp.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Epic Systems Corporation
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 epic systems corporation
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 EXL Service Holdings, Inc.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Healthsmart Holdings Inc
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 I2I Systems Inc.
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Medecision Inc.
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 ZeOmega Inc.
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Care Management solutions Market,' The care management solutions market was valued at $9,314.25 million in 2021, and is projected to reach $25,712.73 million by 2031, growing at a CAGR of 10.7% from 2022 to 2031.Care management solutions such as integrated healthcare management software suites, on-promise services, and modules are used to improve patient outcomes and decrease the need for medical services by enhancing the integration of care and helping patient and healthcare professionals. The care management services are majorly used in hospital and clinic facilities for disease management, tracking service deliveries, and monitoring patient visits. Care management solutions such as cloud-based solutions and on-premise solutions assist in easy data access for the medical professionals from multiple locations in disease management.
Key factors driving the growth of the care management solutions market include increase in geriatric population coupled with high prevalence of chronic diseases, which has increased the demand for cloud-based software and on-premise services, which, in turn, drives the growth of the market. Furthermore, advancement in information technology (IT), systems and healthcare technologies are anticipated to boost the market growth during forecast period. This is attributed to advancement in artificial intelligence based software such as remote patient monitoring and medical image analysis. The software currently used in care management are ServiceNow and Electronic Health Record (EHR). In addition, most effective workflow techniques are offered by care management solutions, which creating opportunities for the market key players to develop more innovative software and solutions. Moreover, increasing demand and availability of solutions in developed countries such as U.S. and Germany further contribute towards the growth of the market.
Moreover, the pandemic has also raised the concern about healthcare management and also hampered the ability to manage chronic diseases. The aforementioned conditions has also increased the demand for care management software and services during the COVID-19 pandemic. For instance, the remote care management solution for COVID-19 remotely connects patients with physician. It promptly informs physicians of the progress of potential COVID-19 symptoms, making it possible to monitor these symptoms and take appropriate action.
The market also offers growth opportunities to the key players in the market. Rising adoption of care management solutions in developing countries due to increased healthcare burden on medical professionals and deployment of government policies boosting the adoption of care management solutions and software, expected to create growth opportunities during the forecast period. Moreover, growing demand for digital healthcare information technology (IT) and data analytics in Japan and China is expected to create new opportunities for market growth. For instance, Japan’s public healthcare system is Social Health Insurance (SHI), is applied to every employee of Japan.
The care management solutions market is segmented into component, mode of delivery, application, end user, and region. By component, the market is categorized into software and services. On the basis of mode of delivery, the market is segregated into on-premise and cloud-based. By application, the market is classified into disease management, case management, and others. On the basis of end user,
the market is fragmented into healthcare providers, healthcare payers, and others. The healthcare providers further segmented into hospital and physician group, ambulatory care centers, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The key players profiled in the global care management solutions market include Allscripts Healthcare Solutions, Inc., Altruista Health, Inc., AthenaHealth, Casenet, LLC, Cedar Gate Technologies, LLC, Cognizant, Epic Systems Corporation, ExlService Holdings, Inc., Health Catalyst Inc., i2i Systems Inc., Medecision Inc., and ZeOmega Inc. The players in the market have been actively engaged in the adoption of various strategies such as product innovation, product development, team creation, and product launch to remain competitive and gain advantage over the competitors in the market. For instance, in February 2021, Altruista Health, Inc. has developed the new version of Guiding Care platform which is used to identifying the highest risk patients and resolving their care needs, while keeping healthy patients out of the office. In addition, Casenet, LLC in June 2022, announced the creation of the Advanced Solutions Unit, a cross-functional team of experts tasked with developing innovative population health products and services.
Key Market Insights
- By component, the software segment was the highest revenue contributor to the market in 2021, and is the fastest growing segment during the forecast period with CAGR of 11.1%.
- By mode of delivery, the on-premise segment dominated the global market in 2021.
- Based on application, the disease management segment was the highest revenue contributor to the market in 2021.
- Based on region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR of 13.2 % during the forecast period.
Companies Mentioned
- Allscripts Healthcare Solutions, Inc.
- Athenahealth
- Axispoint Health
- Casenet LLC
- Cerner Corporation
- Cognizant Technology Solutions Corp.
- Epic Systems Corporation
- Epic Systems Corporation
- Exl Service Holdings, Inc.
- Healthsmart Holdings Inc.
- I2I Systems Inc.
- Medecision Inc.
- Zeomega Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 315 |
Published | November 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 9314.25 million |
Forecasted Market Value ( USD | $ 25712.73 million |
Compound Annual Growth Rate | 10.7% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |