Care management solutions find major applications in management of chronic conditions. Chronic care management solutions are used to coordinate care processes for patients with long-term care needs to empower them to better manage their conditions & increase their compliance with care interventions. Emerging markets, growth of consumer awareness & participation in healthcare delivery process, technological advancements in HCIT solutions, & rising adoption of cloud-based models offer growth opportunities for players in market.
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Care management solutions market is projected to reach USD 15.70 Billion by 2021 from USD 6.93 Billion in 2016, growing at 17.8% CAGR. Factors like implementation of initiatives to shift burden of risk from payers to providers, legislations & initiatives to promote ‘patient-centeredness’ in healthcare, rising geriatric population coupled with burden of chronic diseases, need to reduce healthcare costs, growth in medical tourism sector, & advancing IT & big data capabilities are driving growth of market.
Complete report on Care Management Solutions Market spread across 191 pages, Profiling 15 Companies and Supported with 76 Tables and 38 Figures is now available at www.reportsnreports.com/reports/297401-care-management-solutions-market-by-component-software-services-delivery-mode-on-premise-web-cloud-end-user-payer-provider-employer-groups-government-bodies-trends-global-forecasts-to-2018.html .
In this report, the global care management solutions market is segmented on the basis of component, delivery mode, end user, and application.
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However, the European region is expected to grow at the highest CAGR during the forecast period.
Stakeholders in the Care Management Solutions Market
- Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, Pharmacies, Ambulatory Centers, & Outpatient Clinics)
- Healthcare Insurance Companies/Payers
- Healthcare IT Service Providers
- Venture Capitalists
- Government Bodies
- Corporate Entities
- Accountable Care Organizations
Software segment estimated to account for largest share of global market in 2016 & witness highest growth rate during forecast period. Technological advancements in IT solutions & big data management, growth of cloud computing, & increased penetration of internet across globe are some factors promoting growth of software-based solutions.
In forecast period, it is expected that there will be an increase in adoption of care management software to coordinate care processes.
In care management solutions market report, has been segmented on basis of component, delivery mode, end user, application, & region. On basis of component, market segmented into software, and services.
Geographically, care management solutions market categorized into North America, Europe, Asia-Pacific, & Rest of the World (RoW). North America expected to account for largest share of market in 2016, followed by Europe, Asia-Pacific, & Rest of the World (RoW).
2 Competitive Situation and Trends
3 Client Acquisition
4 New Product Launches and Product Enhancements
5 Agreements, Partnerships, and Collaborations
Key care management solutions market players are Allscripts Healthcare Solutions, Inc. (U.S.), TriZetto Corporation (U.S.), Phytel Inc.
(U.S.), EXL Healthcare (U.S.), AxisPoint Health (U.S.), Wellcentive, Inc. (U.S.), Medecision, Inc. (U.S.), ZeOmega Inc.
(U.S.), i2i Systems, Inc. (U.S.), HealthSmart Holdings, Inc. (U.S.), Pegasystems Inc. (U.S.), Epic Corporation Inc.
(U.S.), and Harmony Information Systems, Inc. (U.S.)
Care management solutions find major applications in the management of chronic conditions. Chronic care management solutions are used to coordinate care processes for patients with long-term care needs to empower them to better manage their conditions and increase their compliance with care interventions.
The software component segment is estimated to account for the largest share of the global care management solutions market in 2016. Software is a non-tangible component used as an application to run a system or to perform primary tasks, which include maintaining patient records, analyzing databases, and performing administrative tasks in any healthcare organization or hospital.
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