Global Care Management Solutions Market Size, Trends, and Growth Opportunity, By Component (Software, Services), By Delivery Mode (On-premise, Cloud-based, Web-based), By Application (Disease Management, Case Management, Utilization Management, Other), By End-User (Healthcare Payers, Healthcare Providers, Other), By Region and Forecast to 2030.
Global Care Management Solutions Market
The Global Care Management Solutions Market was valued at USD 13.5 billion in 2022 and is expected to expand to USD 24.6 billion by 2030, at a CAGR of 7.10% during the forecast period 2023-2030.
Care management solutions are activities designed to enhance the care provided to patients by caregivers and patients to manage their health conditions effectively by accepting a more collaborative and coordinated model of care delivery. Care providers aim to individualize health care to meet individuals' specific and customized needs.
Market Drivers
The increase in focus on patient-centric care and the rising burden of healthcare expenditure is boosting the need for integrated health solutions which in turn is driving the global care management solutions market. Also, increasing strategic initiatives associated with care management solutions and an increasing number of investments by major firms are boosting the growth of the market.
Furthermore, the growing adoption of technological software & services in healthcare solutions is favoring the industry growth. As the prevalence of various chronic diseases is increasing, the need for effective disease care management solutions is rising. This factor is boosting the global care management solutions market.
Market Restraints
The care management system platform data is easily available due to a lack of internal control and inadequate government policies & regulations. The confidentiality of data is very crucial. Therefore, there are some concerns which are related to data breaches that lower the growth of the global care management solutions market. Also, there is a shortage of skilled professionals that restrains the market growth further.
Market Segmentation
The global care management solutions market is segmented into components, delivery modes, applications, end-user, and regions.
Based on components, the global care management solutions market is segmented into software, and services.
Based on delivery mode, the market is segmented into on-premise, cloud-based, and web-based.
Regional Analysis
The global care management solutions market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the global care management solutions market due to the rising advancements in IT solutions & the increase in the demand for affordable and scalable solutions to lower healthcare costs. Also, favorable government policies and support in the region are leading to market growth.
Whereas, the Asia Pacific region is expected to witness a higher growth rate in the market because of the highest number of registered clinical trials related to the therapies.
Key Players
Various key players are discussed in the global care management solutions market report including; AthenaHealth, Casenet, LLC, Cognizant, Epic Systems Corporation, EXL Service Holdings, Inc., HGS Healthcare LLC., International Business Machines Corporation (IBM), Koninklijke Philips N.V., Medecision, Inc., Oracle Cerner, and Others.
For Instance, in 2022, TurningPoint Healthcare Solutions launched ‘TurningPoint Digital Joint and Spine’ which is a broadly repetitive motion injury management platform that moves care management upriver. This allows risk-bearing organizations such as employers & health plans to sleek complete condition risk with a single partner.
Market Taxonomy
By Component
• Software
• Services
By Delivery Mode
• On-premise
• Cloud-based
• Web-based
By Application
• Disease Management
• Case Management
• Utilization Management
• Other
By End-User
• Healthcare Payers
• Healthcare Providers
• Other
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Care Management Solutions Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Care Management Solutions Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact Of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Care Management Solutions Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Care Management Solutions Market Share Analysis, By Component
5.3 Global Care Management Solutions Market Size and Forecast, By Component
5.3.1 Software
5.3.2 Services
6 Global Care Management Solutions Market, By Delivery Mode
6.1 Y-o-Y Growth Comparison, By Delivery Mode
6.2 Global Care Management Solutions Market Share Analysis, By Delivery Mode
6.3 Global Care Management Solutions Market Size and Forecast, By Delivery Mode
6.3.1 On-premise
6.3.2 Cloud-based
6.3.3 Web-based
7 Global Care Management Solutions Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Care Management Solutions Market Share Analysis, By Application
7.3 Global Care Management Solutions Market Size and Forecast, By Application
7.3.1 Disease Management
7.3.2 Case Management
7.3.3 Utilization Management
7.3.4 Other
8 Global Care Management Solutions Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Care Management Solutions Market Share Analysis, By End User
8.3 Global Care Management Solutions Market Size and Forecast, By End User
8.3.1 Healthcare Payers
8.3.2 Healthcare Providers
8.3.3 Other
9 Global Care Management Solutions Market, By Region
9.1 Global Care Management Solutions Market Share Analysis, By Region
9.2 Global Care Management Solutions Market Share Analysis, By Region
9.3 Global Care Management Solutions Market Size and Forecast, By Region
10 North America Care Management Solutions Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Care Management Solutions Market Share Analysis, By Component
10.3 North America Care Management Solutions Market Size and Forecast, By Delivery Mode
10.4 North America Care Management Solutions Market Size and Forecast, By Application
10.5 North America Care Management Solutions Market Size and Forecast, By End User
10.6 North America Care Management Solutions Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Care Management Solutions Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Care Management Solutions Market Share Analysis, By Component
11.3 Europe Care Management Solutions Market Size and Forecast, By Delivery Mode
11.4 Europe Care Management Solutions Market Size and Forecast, By Application
11.5 Europe Care Management Solutions Market Size and Forecast, By End User
11.5 Europe Care Management Solutions Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Care Management Solutions Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Care Management Solutions Market Share Analysis, By Component
12.3 Asia Pacific Care Management Solutions Market Size and Forecast, By Delivery Mode
12.4 Asia Pacific Care Management Solutions Market Size and Forecast, By Application
12.5 Asia Pacific Care Management Solutions Market Size and Forecast, By End User
12.6 Asia Pacific Care Management Solutions Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Care Management Solutions Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Care Management Solutions Market Share Analysis, By Component
13.3 Latin America Care Management Solutions Market Size and Forecast, By Delivery Mode
13.4 Latin America Care Management Solutions Market Size and Forecast, By Application
13.5 Latin America Care Management Solutions Market Size and Forecast, By End User
13.6 Latin America Care Management Solutions Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Care Management Solutions Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Care Management Solutions Market Share Analysis, By Component
14.3 Middle East Care Management Solutions Market Size and Forecast, By Delivery Mode
14.4 Middle East Care Management Solutions Market Size and Forecast, By Application
14.5 Middle East Care Management Solutions Market Size and Forecast, By End User
14.6 Middle East Care Management Solutions Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market Share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 AthenaHealth
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Casenet, LLC
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Cognizant
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Epic Systems Corporation
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 EXL Service Holdings, Inc.
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 HGS Healthcare LLC.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 International Business Machines Corporation (IBM)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Koninklijke Philips N.V.
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Medecision, Inc.
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Oracle Cerner
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
