Outlook on the Medical Case Management Global Market to 2028 - Surging Demand for Software Automation and Innovative Applications Presents Opportunities

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Jun 22, 2022, 13:00 ET

DUBLIN, June 22, 2022 /PRNewswire/ -- The "Global Medical Case Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Mode of Service; Severity of Case; and End User" report has been added to ResearchAndMarkets.com's offering.

The medical case management market is projected to reach US$ 5,228.35 million in 2028 from US$ 4,109.20 million in 2021; it is estimated to grow at a CAGR of 3.5% during 2021-2028.

The report highlights trends prevailing in the market and factors driving the medical case management market growth. The medical case management market growth is attributed to the rising prevalence of chronic diseases and increasing adoption of advanced technologies in medical care management. However, ineffective collaborations, and security and privacy concerns hamper the medical case management market growth.

A noticeable increase in the number of cases of chronic pain, chronic diseases, and long- and short-term disabilities has been observed in recent years. Consequently, these ailments have created a significant demand for medical case management services, including case management through care managers, bill management, support, rehabilitation, and other related services. Chronic pain is linked to numerous physical and mental conditions, and it contributes heavily to healthcare costs and productivity loss among patients, which has indirect effects on economies.

Studies indicate the estimated prevalence of chronic pain ranges from 11% to 40%. The pain causes restrictions in mobility and daily activities, dependence on opioids, a rise in anxiety and depression, perceived poor health, and lowered quality of life. As per the findings of the Centers for Disease Control and Prevention (CDC), the prevalence of chronic pain stood at 20.4% in 2019, while the prevalence of high-impact chronic pain was 7.4%. Women, non-Hispanic white adults, and the geriatric population held the largest shares of chronic pain prevalence at 21.7%, 23.6%, and 30.8%, respectively.

Generally, such conditions require long-term care, treatment, and rehabilitation, for which medical case management services are preferred to ensure an appropriate as well as rigorous protocol and treatment plan. Therefore, the growing cases of chronic pain are propelling the demand for medical case management services and aiding the growth of the medical case management market.

Further, chronic diseases, such as heart disease, diabetes, stroke, and obesity, account for the largest share of a country's healthcare costs. The US National Diabetes Statistics Report estimates that 11.3% of the US population, i.e., 37.3 million people, has diabetes, and more than 8.5 million (23% of adults) people can be undiagnosed. In diabetic complications arising from unchecked diabetes can include lower-limb amputation and kidney failure.

The US National Diabetes Statistics Report also estimates that more than 2 million people are diagnosed with diabetes in the US every year. A similar scenario of a high prevalence of diabetes is observed in other regions, such as Europe, Asia Pacific, and the Middle East & Africa. As per the International Diabetes Federation's report IDF Diabetes Atlas, in 2021, 1 in 11 adults, i.e., ~90 million people, have diabetes in Southeast Asia.

As per the 2018 findings of the American College of Cardiology Foundation, cardiovascular diseases (CVDs) were the leading cause of death in the US, with stroke (16.8%), high blood pressure (9.4%), heart failure (9.0%) being the leading type of CVDs. Further, more than 130 million adults in the US (45.1%) are projected to have CVD by 2035, and the total costs of CVDs are expected to reach US$ 1.1 trillion. Also, the rising geriatric population and related chronic disorders are creating a need for medical case management services for support, treatment, and rehabilitation.

There is an increase in the number of cases of chronic pain, long-term and short-term disability, and catastrophic cases. To treat these cases and increase the recovery rate of the patients, it has become essential to maintain adequate patient and care management. Chronic pain is linked with numerous physical and mental conditions, and it contributes to high healthcare costs and lost productivity. Several studies estimate that the prevalence of chronic pain ranges from 11% to 40%. Chronic pain results in restricted mobility and hamper daily activities; trigger dependence on opioids, and anxiety and depression; poor perceived health or reduced life quality.

According to the Centers for Disease Control and Prevention (CDC), in 2019, the prevalence of chronic pain was 20.4%, and the prevalence of high-impact chronic pain was 7.4%. Chronic pain cases are highest among women (21.7%), non-Hispanic white adults (23.6%) and people aged 65 and above (30.8%). High impact chronic pain was highest among women (8.5%) and those aged 65 and above (11.8%). This type of pain is one of the most common conditions for which adults seek medical care. Therefore, the growing cases of chronic pain propels the demand for medical case management services.

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Medical Case Management Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East And Africa PEST Analysis
4.2.5 South And Central America PEST Analysis
4.3 Experts' Opinion

5. Medical Case Management Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Chronic Diseases
5.1.2 Increasing Adoption of Technological Advancements in Medical Care Management
5.2 Market Restraints
5.2.1 Ineffective Collaboration Issues Coupled with Security and Privacy Concerns
5.3 Market Opportunities
5.3.1 Surging Demand for Software Automation and Innovative Applications
5.4 Future Trends
5.4.1 Remote Monitoring to Replace Routine Visits of Patients

6. Medical Case Management Market - Global Analysis
6.1 Global Medical Case Management Market Revenue Forecast and Analysis
6.2 Global Medical Case Management Market Revenue Forecast and Analysis
6.3 Market Positioning of Key Players
6.4 Global Medical Case Management Market - Market Potential Analysis, By Region
6.5 Comparative Company Analysis
6.6 Growth Strategy Analysis
6.7 Performance of Key Players
6.7.1 EK Health Services, Inc.
6.7.2 Genex Services, LLC
7. Global Medical Case Management Market Revenue and Forecasts To 2028 - by Mode of Service
7.1 Overview
7.2 Global Medical Case Management Market Share, by Mode of Service - 2021 & 2028 (%)
7.3 Telephonic Case Management
7.3.1 Overview
7.3.2 Telephonic Case Management: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Field Case Management
7.4.1 Overview
7.4.2 Field Case Management: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Web-based Case Management
7.5.1 Overview
7.5.2 Web-based Case Management: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Bilingual Case Management
7.6.1 Overview
7.6.2 Bilingual Case Management: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)

8. Medical Case Management Market Revenue and Forecasts To 2028 - By Severity of Case
8.1 Overview
8.2 Global Medical Case Management Market Share, by Severity of Case - 2021 & 2028 (%)
8.3 Catastrophic Cases
8.3.1 Overview
8.3.2 Catastrophic Cases: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Chronic Pain
8.4.1 Overview
8.4.2 Chronic Pain: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Long-Term Disability
8.5.1 Overview
8.5.2 Long-Term Disability: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Short-Term Disability
8.6.1 Overview
8.6.2 Short-Term Disability: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Independent Medical Examinations
8.7.1 Overview
8.7.2 Independent Medical Examinations: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)

9. Medical Case Management Market Analysis - By End User
9.1 Overview
9.2 Global Medical Case Management Market Share, by End User- 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Home Care Settings
9.4.1 Overview
9.4.2 Home Care Settings: Medical Case Management Market - Revenue and Forecast to 2028 (US$ Million)

10. Medical Case Management Market - Regional Analysis

11. Impact Of COVID-19 Pandemic on Medical Case Management Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South and Central America: Impact Assessment of COVID-19 Pandemic

12. Medical Case Management Market - Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Medical Case Management Market (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview

13. Company Profiles
13.1 EagleOne Case Management
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 EK Health Services Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Genex Services, LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 MMRO INC.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 TRIUNE Health Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 PayerFusion Holdings LLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Sierra Nevada Administrators
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 GMMI, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 AXIOM MEDICAL CONSULTING, LLC.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Medical Case Management Group
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments

14. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/xodriu