The global care management solutions market is anticipated to be worth roughly USD 11894.9 million in 2021 and approximately USD 22128.4 million by 2028, with a CAGR of nearly 10.9% over the forecast period.
The analysis investigates the drivers, restraints/challenges, and their impact on demand in the care management solutions market throughout the forecast period. Additionally, the report explores possible market opportunities for care management solutions.
Care management solutions Market: Overview
Care management systems have gained significance in recent years as the global emphasis on healthcare has expanded, as has healthcare cost. The global healthcare infrastructure is rapidly expanding, which will considerably fuel the growth of the care management solutions market through 2028.
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Rising healthcare expenditure, increased healthcare focus, increased technological proliferation, increased patient-centric healthcare focus, increased investments, and increased burden on healthcare infrastructure are some of the major factors influencing the adoption of care management solutions during the forecast period. However, the dearth of experienced individuals to successfully use and manage care management systems is expected to be a major restraining factor through 2028, hampering the long-term potential of the care management solutions market.
Global Care management solutions Market: Segmentation
The global market for care management solutions is divided into components, delivery modes, applications, end users, and regions.
The market is divided into two types of delivery: cloud-based and on-premise. The cloud-based segment is likely to increase fast over the forecast period due to the growing popularity of cloud technology around the world. The increased use of cloud-based solutions will also boost the global care management solutions market expansion over the forecast period.
By End-user, the care management solutions market is segmented into healthcare providers, healthcare payers, and others. The provider segment is anticipated to hold a dominant outlook through 2028. Increasing demand for patient-oriented care solutions, rising healthcare expenditure, increasing patient pool, and growing demand for productive and efficient management solutions are some of the major factors driving this segment and care management solutions market potential through 2028.
Competitive Landscape
Some of the main competitors dominating the global care management solutions market include – EXL Service Holdings, Inc. (US), Casenet, LLC (US), Medecision Inc. (US), ZeOmega Inc. (US), Cognizant Technology Solutions (US), Cerner Corporation (US), Allscripts Healthcare Solutions, Inc. (US), and Epic Systems Corporation (US).
Global Care Management Solutions Market is segmented as follows:
Global Care Management Solutions Market By Component
Software
Services
By Delivery mode
On-premise
Cloud-based
By Application
Disease Management
Case Management
Utilization Management
Other Applications
By End User
Payers
Providers
Other end users
By Region
North America
The U.S.
Canada
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