Care Management Solutions Market - Global Forecast to 2023
DUBLIN, Sept 28, 2018 /PRNewswire/ --
The "Care Management Solutions Market by Component (Software and Services), Delivery Mode (On-Premise and Cloud-Based), End User (Payers, Providers), Application (Disease Management, Case Management, Utilization Management) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global care management solutions market is projected to reach USD 19.28 billion by 2023 from USD 9.15 billion in 2018, at a CAGR of 16.1% during the forecast period.
The key factors driving the growth of this market are the implementation of initiatives to shift the burden of risk from healthcare payers to providers, government initiatives and regulations promoting patient-centric care, initiatives to promote healthcare IT, rising geriatric population, and need to reduce healthcare costs are driving the growth of the care management solutions market.
The report describes and studies the global care management market by component, delivery mode, end user, application, and region. It provides detailed information regarding the major factors influencing the growth of this market
On the basis of application, the global care management solutions market is segmented into disease management, case management, utilization management, and other applications. The disease management solutions segment is expected to register the highest CAGR during the forecast period. The high growth in this segment can be attributed to the ability of these solutions to reduce the cost of care with the help of protocol management and prevent episodes of ill health through comprehensive health management.
Based on delivery mode, the care management solutions market is segmented into on-premise and cloud-based delivery modes. The cloud-based segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to the advantages provided by the cloud-based solutions such as, low installation and maintenance costs, unlimited storage of information, easy access to information from any place, and reduced spam & web threats.
Care Management Solutions Market
The geographic segments in this report include North America, Europe, Asia, and the Rest of the World. Of these, the North American market is expected to account for the largest share of the market in 2018. The large share of North America can be attributed to the shift of the risk burden from healthcare payers to providers; patient-centric mandates; and the need to improve quality of care and curb healthcare costs in Canada. Additionally, several major global players are based in the US, which has made the country a center for innovation in the care management solutions market.
Europe is expected to grow at the highest CAGR during the forecast period (2018-2023). The efforts made by the governments of European nations such as the UK, Germany, France, Italy, and Spain to promote care coordination and quality of healthcare and reforms to curb healthcare costs by integrating HCIT solutions into healthcare are driving the growth in the forecast period.
However, the lack of interoperability, the high cost of deployment, and the increased instances of data breaches are some of the factors restraining the overall growth of this market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Care Management Solutions: Market Overview
4.2 Care Management Solutions Market, By End User (2018)
4.3 Care Management Solutions Market, By Application, 2018 vs 2023
4.4 Geographical Snapshot of the Care Management Solutions Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Implementation of Initiatives to Shift the Burden of Risk From Healthcare Payers to Providers
5.2.1.2 Government Initiatives & Regulations Promoting Patient-Centric Care
5.2.1.3 Initiatives to Promote Healthcare IT
5.2.1.4 Rising Geriatric Population
5.2.1.5 Need to Reduce Healthcare Costs
5.2.2 Restraints
5.2.2.1 Lack of Skilled Professionals
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 Technological Advancements in Healthcare IT Solutions
5.2.4 Challenges
5.2.4.1 Lack of Interoperability
5.2.4.2 High Cost of Deployment
5.2.4.3 Data Breaches and Loss of Confidentiality
6 Care Management Solutions Market, By Component
6.1 Introduction
6.2 Software
6.3 Services
7 Care Management Solutions Market, By Delivery Mode
7.1 Introduction
7.2 On-Premise Solutions
7.3 Cloud-Based Solutions
8 Care Management Solutions Market, By End User
8.1 Introduction
8.2 Healthcare Payers
8.3 Healthcare Providers
8.4 Other End Users
9 Care Management Solutions Market, By Application
9.1 Introduction
9.2 Disease Management
9.3 Case Management
9.4 Utilization Management
9.5 Other Applications
10 Care Management Solutions Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific (APAC)
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Rest of Asia Pacific (RoAPAC)
10.5 Rest of the World (RoW)
11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.2.1 Product Launches and Enhancements
11.2.2 Agreements, Partnerships, and Collaborations
11.2.3 Acquisitions
11.2.4 Expansions
11.3 Care Management Solutions Adoption Assessment
12 Company Profiles
12.1 Exlservice Holdings, Inc.
12.2 Casenet, LLC
12.3 Medecision, Inc.
12.4 Zeomega Inc.
12.5 Cognizant Technology Solutions
12.6 Cerner Corporation
12.7 Allscripts Healthcare Solutions
12.8 Koninklijke Philips N.V.
12.9 IBM Corporation
12.10 TCS Healthcare Technologies
12.11 Health Catalyst, LLC
12.12 Harmony Information Systems, Inc. (A Part of Mediware Information Systems, Inc.)
12.13 Salesforce.Com, Inc.
12.14 I2i Population Health
12.15 Pegasystems Inc.
12.16 Epic Systems
For more information about this report visit https://www.researchandmarkets.com/research/63wm5t/care_management?w=5
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