The global care management solutions market size was valued at $9.3 billion in 2021, and is projected to reach $25.7 billion by 2031, growing at a CAGR of 10.7% from 2022 to 2031.
Factors that drive growth of global care management solutions market trends include technological advancement in healthcare sector, rise in awareness among people for better healthcare, and increase in healthcare spending. In addition, rise in R&D activities and new product launches by the key market players are anticipated to provide opportunities for growth care management solutions market share.
Increase in demand for care management solutions from the healthcare and medical sector impacted the global care management solutions market positively.
This drift is expected to persist post pandemic too.
The global care management solutions market is analyzed across component, mode of delivery, end user, application, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
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Care Management solutions Market Segmentation:
Based on component, the software segment held nearly two-thirds of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also manifest the fastest CAGR of 11.1% throughout the forecast period.
Based on mode of delivery, the on-premise segment garnered more than half of the total market revenue in 2021, and is expected to dominate by 2031. The cloud-based segment, however, would project the fastest CAGR of 11.2% during the forecast period.
By application, the disease management segment generated the lion’s share in 2021, holding more than half of the global care management solutions market. The same segment would also cite the fastest CAGR of 11.0% from 2022 to 2031.
Based on region, the global care management solutions market across North America generated more than two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, simultaneously, would showcase the fastest CAGR of 13.2% throughout the forecast period. The other provinces analyzed through the report include Europe and LAMEA.
Top Key Market Players:
The key market players analyzed in the global care management solutions market report include Altruista Health, Inc., AthenaHealth, Casenet, LLC, Cedar Gate Technologies, LLC, Cognizant, Epic Systems Corporation, ExlService Holdings, Inc., Health Catalyst Inc., i2i Systems Inc., Allscripts Healthcare Solutions, Inc., Medecision Inc., and ZeOmega Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.
KEY FINDINGS OF THE STUDY:
- Based on component, software segment was the highest revenue contributor to the market in 2021.
- On the basis of mode of delivery, on-premise segment dominated the market in 2021.
- Based on application, disease management segment dominated the market in 2021, and is expected to grow at a highest CAGR .
- Based on end user, healthcare provider segment was the highest revenue contributor to the market in 2021.
- Based on region North America generated the largest revenue share in 2021, however, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
FREQUENTLY ASKED QUESTIONS?
Q1. What are the upcoming trends of Care Management solutions Market in the world?
Q2. What is the leading application of Care Management solutions Market?
Q3. Which is the largest regional market for Care Management solutions?
Q4. What is the estimated industry size of Care Management solutions?
Q5. Which are the top companies to hold the market share in Care Management solutions?
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