Care Management Solutions Market to Grow Exponentially due to Increasing Awareness of Care Management Benefits and Rising Demand for Patient-Centric Care

PRESS RELEASE
Published June 8, 2023


Care Management Solutions Market Scope & Overview

According to SNS Insider, the Care Management Solutions Market had a valuation of USD 14.23 billion in 2022 and is projected to reach USD 33.27 billion by 2030. It is anticipated to exhibit a compound annual growth rate (CAGR) of 11.2% during the forecast period from 2023 to 2030.

Care management solutions refer to a set of tools, strategies, and technologies designed to improve the coordination, efficiency, and quality of healthcare services provided to individuals. These solutions aim to streamline the care delivery process, enhance communication among healthcare providers, and promote better patient outcomes.

Market Analysis

The care management solutions market has a promising future, driven by several factors that are shaping the healthcare industry. With the increasing focus on value-based care, patient engagement, and population health management, the demand for care management solutions is expected to grow significantly in the coming years. One of the key drivers for the growth of the market is the rising need for efficient and coordinated healthcare delivery. Care management solutions help healthcare providers streamline their workflows, improve care coordination among different healthcare teams, and enhance communication between healthcare providers and patients.

Key Players Covered in Care Management Solutions market report are: Allscripts Healthcare Solutions, Inc., Cerner Corporation, EPIC Systems, Inc., IBM, i2i Population Health, Koninklijke Philips N.V., Mediware Information Systems, Pegasystems Inc., Salesforce.com, Inc., and ZeOmega and other players

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Impact of Recession

While recessions can present challenges to the care management solutions market, factors such as government support, the shift towards value-based care, and technological advancements can help mitigate the impact. It is important for solution providers to understand the evolving needs of healthcare organizations and adapt their offerings to align with changing market dynamics, ensuring continued growth and relevance in the face of economic uncertainty.

Segmentation Analysis

The dominance of the on-premise segment and disease management segment in the care management solutions market reflects the evolving needs and priorities of healthcare organizations. On-premise solutions offer enhanced data security, customization options, and reliable performance, while disease management solutions address the growing challenges associated with chronic diseases. As the healthcare landscape continues to evolve, these segments are expected to maintain their dominance and drive further innovation in the market. Healthcare organizations should carefully assess their requirements and leverage the advantages offered by on-premise and disease management solutions to enhance patient care and outcomes.

Care Management Solutions Market Segmentation as Follows:

By Component Type

  • Software
  • Services

By Delivery Mode Type

  • On-premise
  • Cloud-based

By Application Type

  • Disease Management
  • Case Management
  • Utilization Management

By End User

  • Payers
  • Providers

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Regional Status & Analysis

Among the key drivers of this evolution is the adoption of care management solutions, which streamline healthcare delivery and enhance patient outcomes. As the demand for efficient care management continues to rise, North America is emerging as the dominant player in care management solutions market. North America has consistently been at the forefront of technological innovation, particularly in the healthcare sector. The region boasts a robust infrastructure, cutting-edge research facilities, and a highly skilled workforce, which enables the development and implementation of advanced care management solutions.

Conclusion

The market holds promising prospects for the future. The need for efficient healthcare delivery, the prevalence of chronic diseases, technological advancements, and the shift towards patient-centric care are key factors contributing to the market’s growth.

Frequently Asked Questions/ Key Reasons to Purchase this Report

What is the projected outlook for care management solutions market growth?

  • The global market is projected to reach a value of USD 33.27 billion by the year 2030.

What are the major factors influencing the care management solutions market?

  • The increasing focus on patient-centric care and the shift towards value-based reimbursement models are expected to fuel the adoption of care management solutions.

Who are the leading players in the care management solutions market?

  • Allscripts Healthcare Solutions, Inc., IBM, i2i Population Health, Cerner Corporation, EPIC Systems, Inc., Koninklijke Philips N.V., Salesforce.com, Inc., and ZeOmega.

Table of Content – Analysis of Key Points
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Care Management Solutions Market Segmentation, By Component Type
9. Care Management Solutions Market Segmentation, By Delivery Mode Type
10. Care Management Solutions Market Segmentation, By Application Type
11. Care Management Solutions Market Segmentation, By End User
12. Regional Analysis
13. Company Profiles
14. Competitive Landscape
15. Conclusion

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