The global care management solutions market is estimated to be USD 14.88 billion in 2024 and is expected to reach USD 67.02 billion by 2035, with a CAGR of 14.66% during the forecast period 2025-2035. The market will go up as a result of factors such as the rising prevalence of chronic diseases, the growing adoption of digital health technologies, supportive government initiatives and policies, an increased emphasis on patient-centered care, and an increase in investments and partnerships.
The care management solutions market is experiencing considerable investments and collaborations focused on developing innovative platforms and expanding market reach. Healthcare IT companies, startups, and technology giants are actively investing in care management solutions to meet the burgeoning demand for digital health tools. Additionally, strategic partnerships between healthcare providers and technology firms are facilitating the widespread adoption of care management platforms. For example, in February 2023, the Canadian government allocated USD 149 billion to bolster the country’s healthcare system, illustrating how such investments contribute to market growth. This concerted effort is pivotal in advancing the capabilities and accessibility of care management solutions in the healthcare landscape.
By component, the software segment accounted for the highest revenue-grossing segment in the global care management solutions market in 2024 owing to the increasing demand for advanced digital health platforms that enhance patient management, care coordination, and clinical workflow efficiency. For instance, Cadence Solutions, Inc. and Ardent Health Management Services joined in January 2023 to launch a responsive virtual care and remote patient monitoring program throughout Ardent's operations, which include 200 care centers and 30 hospitals spread throughout six U.S. states. Additionally, the services segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising need for implementation, training, support, and maintenance services that enable healthcare organizations to effectively utilize care management solutions.
By mode of delivery, the web-based segment accounted for the highest revenue-grossing segment in the global care management solutions market in 2024 owing to the widespread adoption of easily accessible and cost-effective web-based platforms that provide healthcare organizations with flexibility in managing patient data without the need for extensive on-site infrastructure. For instance, the health technology giant Royal Philips introduced Philips Virtual Care Management in March 2023. Employers, payers, providers, and the healthcare industry may interact with patients virtually from any location thanks to this suite of flexible services and solutions. Additionally, the cloud-based segment is predicted to grow at the fastest CAGR during the forecast period owing to its scalability, enhanced data security, and ability to support remote access, which are increasingly important in the post-COVID-19 era where telehealth and remote patient monitoring have gained significant traction.
By end-user, the healthcare providers segment accounted for the highest revenue-grossing segment in the global care management solutions market in 2024 owing to the growing focus on improving patient outcomes, reducing hospital readmissions, and meeting regulatory requirements for chronic disease management. For instance, Fujitsu unveiled a cloud-based platform in March 2023 that lets customers collect and analyze health-related data to support the digital transformation of the healthcare industry. Additionally, the healthcare payer segment is predicted to grow at the fastest CAGR during the forecast period owing to the increased emphasis on value-based care models, population health management, and cost containment.
North America is expected to have the largest revenue share throughout the course of the projection period because of its existing healthcare infrastructure, early adoption of cutting-edge medical technology, and encouraging government policies that favor value-based care and digital health. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the rapidly expanding healthcare sector, increasing penetration of digital health solutions, and a growing focus on improving healthcare access in emerging economies like China and India. For instance, the Indian government released the'myCGHS' app for iOS devices in April 2024, giving those enrolled in the Central Government Health Scheme (CGHS) access to their digitized medical records as well as additional data and tools.
This comprehensive research report focuses on the global and regional market size and forecasts from 2024 to 2035.
The care management solutions market is experiencing considerable investments and collaborations focused on developing innovative platforms and expanding market reach. Healthcare IT companies, startups, and technology giants are actively investing in care management solutions to meet the burgeoning demand for digital health tools. Additionally, strategic partnerships between healthcare providers and technology firms are facilitating the widespread adoption of care management platforms. For example, in February 2023, the Canadian government allocated USD 149 billion to bolster the country’s healthcare system, illustrating how such investments contribute to market growth. This concerted effort is pivotal in advancing the capabilities and accessibility of care management solutions in the healthcare landscape.
By component, the software segment accounted for the highest revenue-grossing segment in the global care management solutions market in 2024 owing to the increasing demand for advanced digital health platforms that enhance patient management, care coordination, and clinical workflow efficiency. For instance, Cadence Solutions, Inc. and Ardent Health Management Services joined in January 2023 to launch a responsive virtual care and remote patient monitoring program throughout Ardent's operations, which include 200 care centers and 30 hospitals spread throughout six U.S. states. Additionally, the services segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising need for implementation, training, support, and maintenance services that enable healthcare organizations to effectively utilize care management solutions.
By mode of delivery, the web-based segment accounted for the highest revenue-grossing segment in the global care management solutions market in 2024 owing to the widespread adoption of easily accessible and cost-effective web-based platforms that provide healthcare organizations with flexibility in managing patient data without the need for extensive on-site infrastructure. For instance, the health technology giant Royal Philips introduced Philips Virtual Care Management in March 2023. Employers, payers, providers, and the healthcare industry may interact with patients virtually from any location thanks to this suite of flexible services and solutions. Additionally, the cloud-based segment is predicted to grow at the fastest CAGR during the forecast period owing to its scalability, enhanced data security, and ability to support remote access, which are increasingly important in the post-COVID-19 era where telehealth and remote patient monitoring have gained significant traction.
By end-user, the healthcare providers segment accounted for the highest revenue-grossing segment in the global care management solutions market in 2024 owing to the growing focus on improving patient outcomes, reducing hospital readmissions, and meeting regulatory requirements for chronic disease management. For instance, Fujitsu unveiled a cloud-based platform in March 2023 that lets customers collect and analyze health-related data to support the digital transformation of the healthcare industry. Additionally, the healthcare payer segment is predicted to grow at the fastest CAGR during the forecast period owing to the increased emphasis on value-based care models, population health management, and cost containment.
North America is expected to have the largest revenue share throughout the course of the projection period because of its existing healthcare infrastructure, early adoption of cutting-edge medical technology, and encouraging government policies that favor value-based care and digital health. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the rapidly expanding healthcare sector, increasing penetration of digital health solutions, and a growing focus on improving healthcare access in emerging economies like China and India. For instance, the Indian government released the'myCGHS' app for iOS devices in April 2024, giving those enrolled in the Central Government Health Scheme (CGHS) access to their digitized medical records as well as additional data and tools.
This comprehensive research report focuses on the global and regional market size and forecasts from 2024 to 2035.
Report Scope:
- Base Year: 2024
- Forecast Period: 2025-2035
- Study Coverage
- Market Forecast by Component, Mode of Delivery, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement.
Segmentation: Care Management Solutions Market Report 2024 - 2035
Care Management Solutions Market Analysis & Forecast by Component 2024 - 2035 (Revenue USD Bn)
- Software
- Services
Care Management Solutions Market Analysis & Forecast by Mode of Delivery 2024 - 2035 (Revenue USD Bn)
- Web-based
- Cloud-based
- On premise
Care Management Solutions Market Analysis & Forecast by End-User 2024 - 2035 (Revenue USD Bn)
- Healthcare Providers
- Healthcare Payers
- Others
Care Management Solutions Market Analysis & Forecast by Region 2024 - 2035 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Care Management Solutions Market: Component Estimates & Trend Analysis
8. Care Management Solutions Market: Mode of Delivery Estimates & Trend Analysis
9. Care Management Solutions Market: End-User Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Care Management Solutions Market
12. Europe Global Care Management Solutions Market
13. Asia Pacific Global Care Management Solutions Market
14. Latin America Global Care Management Solutions Market
15. MEA Global Care Management Solutions Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Cerner Corporation
- Epic Systems Corporation
- Allscripts Healthcare Solutions
- McKesson Corporation
- Medtronic
- Philips Healthcare
- IBM Watson Health
- GE Healthcare
- Optum (UnitedHealth Group)
- Cisco Systems
- Health Catalyst
- NaviHealth
- Livongo Health (now part of Teladoc Health)
- Dell Technologies
- NextGen Healthcare
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | December 2024 |
Forecast Period | 2023 - 2034 |
Estimated Market Value ( USD | $ 14.88 Billion |
Forecasted Market Value ( USD | $ 67.02 Billion |
Compound Annual Growth Rate | 14.6% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |