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Care Management Solutions Market Worth $19.28 Billion by 2023

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News provided by

MarketsandMarkets

24 Sep, 2018, 13:30 GMT

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CHICAGO, September 24, 2018 /PRNewswire/ --

According to a new market research report "Care Management Solutions Market by Component (Software and Services), Delivery Mode (On-Premise and Cloud-Based), End User (Payers, Providers), Application (Disease Management, Case Management, Utilization Management) - Global Forecast to 2023", published by MarketsandMarkets™, the market is projected to reach USD 19.28 billion by 2023 from USD 9.15 billion in 2018, at a CAGR of 16.1%.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

For more Insights on this report, Speak to Our Analyst:

https://www.marketsandmarkets.com/speaktoanalyst.asp?id=19482811

Factors such as the implementation of initiatives to shift the burden of risk from healthcare payers to providers, government initiatives and regulations promoting patient-centric care, initiatives to promote healthcare IT, rising geriatric population, and need to reduce healthcare costs are driving the growth of the Care Management Solutions Market.

By application, disease management solutions are expected to account for the largest share of the market in 2018 

On the basis of applications, the Care Management Solutions Market is broadly segmented into disease management, case management, utilization management, other applications. In 2018, the disease management segment is expected to account for the largest share of this market. The high growth in this segment can be attributed to the ability of these solutions to reduce the cost of care with the help of protocol management and prevent episodes of ill health through comprehensive health management.

Browse in-depth TOC on "Care Management Solutions Market"

111 - Tables  

27 - Figures  

164 - Pages  

By end user, the payers segment is expected to command the largest share of the market in 2018 

On the basis of end user, the market has been segmented into payers, providers, and other end users. The payers segment is expected to command the largest share of the market in 2018. The deployment of Care Management Solutions is increasing among payers as it helps them in the effective management of patient health records, claims processing and reimbursement tasks, coordinating care for their members, and ensuring better health outcomes to mitigate their risk burden. The growing stringency of regulations for payers is another important factor driving the adoption of Care Management Solutions in this end-user segment.

https://www.marketsandmarkets.com/Market-Reports/care-management-solutions-market-19482811.html

North America to dominate the market in 2018 

North America is expected to account for the largest share of the Care Management Solutions Market in 2018, followed by Europe. The large share of North America can be attributed to the increased adoption of Care Management Solutions by healthcare providers and payers to meet the healthcare goals of better-quality care and lower healthcare costs. Also, several major global players are based in the US, owing to which the US has become a center for innovation in the Care Management Solutions Market.

Request for PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=19482811

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 TCS Healthcare Technologies (US) are the key players in the Care Management Solutions Market. Other players involved in this market are Koninklijke Philips N.V. (Netherlands), IBM Corporation (US), Health Catalyst Inc. (US), Harmony Information Systems, Inc. (US), Salesforce.com, Inc. (US), i2i Systems, Inc. (US), Pegasystems Inc. (US), and Epic Corporation Inc. (US).

Healthcare IT Market Research Reports & Consulting 

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/care-management-solutions-market.asp

Visit Our Website: https://www.marketsandmarkets.com

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