Market Research Future (MRFR) Conducted an Elaborate Study on the Global Medical Case Management Market that predicts the growth of the market with a substantial Growth during the forecast period of 2019-2023. Covered All the Segments and Sub Segments, Along With Top Industry Players and Geological Region.
The introduction of software solutions in the healthcare sector is likely to intensify the digital revolution. A healthy digital health ecosystem has been built by the industry leaders for the quick adoption of next-gen technologies. In recent years, medical case management solution has gained popularity in the healthcare sector. As per the analysis offered by Market Research Future (MRFR), the global medical case management market, valued at USD 4,379.3 Mn in 2017, is anticipated to scale a CAGR of 4.3% during the projection period.
Medical Case Management is the process that ensures the provision for recommended treatments for medical rehabilitation. Rapidly increasing demand for healthcare services has intensified the demand for efficiency in the healthcare industry. This, in turn, is projected to work in favor of the global medical case management market in the years to come.
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Case management solution addresses the concerns raised by increasing healthcare costs. The need for reduction in cost across the healthcare sector is expected to accelerate the adoption of the software solution over the next couple of years. Also, the support extended by the governments for developing healthcare services is projected to catapult the medical case management market on an upward trajectory.
The key players participating in the global medical case management market and profiled in this MRFR report are Genex Services, LLC, GMMI, Inc., EagleOne Case Management Solutions, Inc., EK Health, Inc., Europ Assistance – Global Corporate Solutions, Medical Case Management Group, Axiom Medical Consulting, LLC, Managed Medical Review Organization, Inc., Prime Health Services, Inc., CompAlliance, Sierra Nevada Administrators, and Global Excel Management Inc.
On the basis of mode type, the global medical case management market has been segmented into telephonic case management, web-based case management, bilingual field case management, field case management, and others. Among these, the telephonic case management segment is projected to lead the growth of the market owing to its higher utilization. The key advantages offered by telephonic case management solutions such as time & cost benefit, limited geographic constraints, etc. are expected to drive the expansion of the segment in the upcoming years.
By case type, the medical case management market has been segmented into catastrophic case management, chronic pain case management, independent medical examinations, long-term disability, short-term disability, and others.
On the basis of end user, the global medical case management market has been segmented into hospitals, home care settings, and others.
By region, the global medical case management market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA). Americas led the global marketplace in 2017 and is projected to grow substantially over the next couple of years. The growth is primarily attributable to the consolidation of major case management solutions providers in the region. Other factors such as increasing healthcare expenditure, rising burden of chronic diseases, etc. are likely to favor the growth of the medical case management market in the region.
Europe is expected to maintain its position at the second spot in the years to come. Germany, France, Italy, Spain, and the U.K. are the prime country-level markets that are expected to boost the revenue growth of the regional market.
Asia Pacific is projected to exhibit a relatively steeper rise in the growth curve owing to rapid developments in the healthcare sector. Whereas, the Middle East & Africa is expected to strike a steady CAGR during the projection period.
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In May 2019, Asia’s largest life insurance group, AIA, has partnered with a global health management solutions provider, Medix. Under this partnership, AIA customers are given access to “Personal Medical Case Management Services.”
In May 2019, Antigua and Barbuda (A & B) has become the first of four countries in the Caribbean to employ Zika Mass, a new case management tool successfully.
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