The global care management solutions market is expected to be valued at around 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 report explores the drivers, restraints/challenges, and their impact on demand in the care management solutions market throughout the forecast period. In addition, the paper investigates potential market opportunities for care management solutions.
Care management solutions Market: Overview
Care management systems have grown in importance in recent years as the global emphasis on healthcare has grown, as has the cost of healthcare. The worldwide healthcare infrastructure is quickly developing, fueling the expansion of the care management solutions market through 2028. Some of the major factors influencing the adoption of care management solutions during the forecast period are rising healthcare expenditure, increased healthcare focus, increased technological proliferation, increased patient-centric healthcare focus, increased investments, and increased burden on healthcare infrastructure. However, a lack of experienced employees to successfully utilize and operate care management systems is predicted to be a major restraining factor through 2028, limiting the market’s long-term potential.
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Global Care management solutions Market: Segmentation
Components, delivery modes, applications, end users, and regions make up the global market for care management solutions.
There are two sorts of delivery in the market: cloud-based and on-premise. Because of the growing popularity of cloud technology around the world, the cloud-based segment is expected to rise rapidly over the projected period. The rising adoption of cloud-based solutions will also drive the growth of the global care management solutions market 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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