According to the latest report by IMARC Group, titled “Global Care Management Solutions Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global care management solutions market reached a value of US$ 13.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 27.94 Billion by 2027 exhibiting a CAGR of 12.50% during 2022-2027.
Care management solutions refer to integrated software solutions that help patients and caregivers effectively manage health conditions. They include creating care plans, analytics, reporting, clinicians, and care coordination. The software also facilitates disease management, utilization management, and case management modules that are majorly used in hospitals and clinics to track service deliveries, healthcare program engagements, attendance, service schedules, and other services. In recent years, care management solutions are increasingly gaining prominence due to their ability to streamline workflow, enhance efficiency, improve cost and quality of care, and drive revenue growth.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Care Management Solutions Market Trends and Drivers:
The global care management solutions market is primarily driven by the rising digitization of clinical and medical information. The growing adoption of these software solutions across the healthcare sector and health insurance providers is fueling the market growth. These solutions are intended to improve patient care, reduce the need for medical services, and transform care management into an automated, data-driven activity.
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In addition, governmental and governing bodies are promoting the implementation of healthcare information technology (HCIT) solutions such as care management solutions to increase the efficiency of healthcare delivered while reducing unnecessary costs.
Furthermore, the growing geriatric population and the rising prevalence of chronic diseases, including cancer, diabetes, and cardiovascular diseases, and extensive healthcare investments among individuals, are expected to propel the market in the upcoming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Care Management Solutions Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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. and Zeomega Inc.
The report has segmented the market on the basis of region, type, delivery mode, application and end user.
Breakup by Type:
Breakup by Delivery Mode:
- Cloud-based and Web-based
Breakup by Application:
- Chronic Care Management
- Disease Management
- Utilization Management
Breakup by End User:
- Healthcare Payers
- Healthcare Providers
Breakup by Region:
- 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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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