The global care management solutions market is expected to grow from USD 12.05 billion in 2022 to USD 40.61 billion by 2032, at a CAGR of 12.92% during the forecast period 2023-2032. North America dominated the market in 2022.
Care management refers to all of the actions taken to enhance the standard of care by assisting medical professionals and other carers in better-controlling patients' medical problems. The administrative tasks involved in managing care, such as making appointments, accessing and sharing reports, creating care plans, involving patients in the process, scheduling tests, giving treatments, etc., are streamlined and digitalized by care management software solutions. In other words, to better coordinate clinical activities and provide the most excellent care for each patient, a doctor or group of doctors might use care management systems. Care management effectively lowers hospital visits as it helps with the careful coordination of the healthcare provider team treating patients. Primary care providers, clinicians, patients, doctors, and behavioural health specialists, are all components of the care management solution.
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Increasing use of care management solutions
The most effective care management programmes optimize the relationships between care managers, members, and providers. As a result, more effective healthcare interventions, higher-calibre care, and lower costs are achieved using care management solutions. Although achieving these objectives can be challenging, doing so with a care management solution is attainable if many procedures are integrated and automated through the software. With the help of these technologies, care management is transformed into an automated, data-driven process that produces more specialized wellness programmes and successful health information. Thus, due to such attributes, the demand for care management solutions has increased among the end-users.
High cost of software installation– Care management solutions are capital-intensive and have a high maintenance cost. These care management solutions require regular maintenance to operate efficiently. Many mid-scale and small-scale end-users cannot invest in care management software due to the high installation cost.
Increasing investment in healthcare AI– Healthcare delivery is changing due to investment in artificial intelligence. Many research organizations have claimed that advancements the care management solutions can lead to efficient treatment outcomes, higher patient satisfaction, and extensive accessibility to healthcare services. AI can assist healthcare professionals in having a better experience, allowing them to spend more time providing direct patient care and lowering burnout. Healthcare industry procedures will likely undergo a transformation fueled by disruptive technologies like artificial intelligence. Increased successful AI-use cases in the healthcare sector support growing confidence in AI.
Stringent regulations for product approval– Care management solutions are used in crucial applications such as disease management, chronic care management, etc. Also, the operability of the software should follow data privacy laws. The care management solutions must pass strict regulations of the concerned regional agencies. The care management software should adhere to the given regulations to be launched in the market.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global care management solutions market, with a revenue share of 48.20% in 2022. The region has a high market growth rate due to the presence of advanced healthcare institutions and governing agencies. Many investments in the healthcare IT industry will drive the North American care management solutions market. The increased support from the federal government in improving the quality of healthcare services leads to higher adoption of care management solutions among the end-users. The Asia-Pacific region is anticipated to grow lucratively during the forecast period. Many countries in the region are witnessing economic development in their healthcare sector. Increasing investments by the regional government are boosting the growth of care management solutions. Many players are launching their products in Asia-Pacific due to the high adoption rate in countries such as China, Japan, India, and South Korea.
North America Region Care Management Solutions Market Share in 2022 - 48.20%
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The delivery mode segment is divided into web-based, on-premise and cloud-based. The cloud-based segment dominated the market with a revenue share of 43.91% in 2022. Cloud care management solutions help in the remote monitoring of patients. The end-users prefer using cloud-based software as it is inexpensive compared to the other available software. The maintenance cost is also low, and they can even improve their access to information.
The component segment includes services and software. The services segment further includes managed services and professional services. The software segment further includes standalone software and integrated care software. The software segment dominated the market with a revenue share of 59.21% in 2022. Software is used in various disease management applications owing to its attributes and ease of use. The software helps provide efficient patient care and maintains a centralized database.
The application segment includes utilization management, disease management, chronic care management and others. The disease management segment dominated the market with a revenue share of 42.03% in 2022. Care management solutions are used in disease management solutions that track patients involved in various medical and health conditions. It includes regular check-ups, runs, health exam reminders, management of chronic illnesses and interim case management.
The end-user segment includes healthcare payers, healthcare providers and others. The healthcare providers segment further includes hospitals, clinics and ambulatory care centres. The healthcare providers segment dominated the market with a revenue share of 43.55% in 2022. Healthcare providers adopt care management solutions for maintaining a centralized database and easing out patient handling solutions.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2022 | USD 12.05 Billion |
Market size value in 2032 | USD 40.61 Billion |
CAGR (2023 to 2032) | 12.92% |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2032 |
Regional Segments | The regions examined for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. |
Segments | The research segment is based on delivery mode, component, application, and end-user. |
As per The Brainy Insights, the size of the care management solutions market was valued USD 12.05 billion in 2022 to USD 40.61 billion by 2032.
Global care management solutions market is growing at a CAGR of 12.92% during the forecast period 2023-2032.
North America region emerged as the largest market for the care management solutions.
The market's growth will be influenced by the growing usage of care management solutions among end-users.
The high cost of installation could hamper the market growth.
The increasing investment in healthcare AI industry is providing huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Delivery Mode
4.3.2. Market Attractiveness Analysis by Component
4.3.3. Market Attractiveness Analysis by Application
4.3.4. Market Attractiveness Analysis by End-user
4.3.5. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing use of care management solutions in various end-user
5.3. Restraints
5.3.1. High cost of installation
5.4. Opportunities
5.4.1. Increasing investment in healthcare AI industry
5.5. Challenges
5.5.1. Stringent regulations for approval
6. Global Care Management Solutions Market Analysis and Forecast, By Delivery Mode
6.1. Segment Overview
6.2. Web-based
6.3. On-Premise
6.4. Cloud-based
7. Global Care Management Solutions Market Analysis and Forecast, By Component
7.1. Segment Overview
7.2. Services
7.2.1. Managed Services
7.2.2. Professional Service
7.3. Software
7.3.1. Standalone Software
7.3.2. Integrated Care Software
8. Global Care Management Solutions Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Utilization Management
8.3. Disease Management
8.4. Chronic Care Management
8.5. Others
9. Global Care Management Solutions Market Analysis and Forecast, By End-user
9.1. Segment Overview
9.2. Healthcare Payers
9.3. Healthcare Providers
9.3.1. Hospitals
9.3.2. Clinics
9.3.3. Ambulatory Care Centres
9.4. Others
10. Global Care Management Solutions Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Care Management Solutions Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Care Management Solutions Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Medecision
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Casenet LLC
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Cognizant
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. ZeOmega
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Cerner Corporation
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Epic Systems Corporation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Athenahealth, Inc.
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Allscripts Healthcare, LLC
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Koninklijke Philips N.V.
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Health Catalyst
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. IBM Corporation
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. General Electric
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
12.13. i2i Systems
12.13.1. Business Overview
12.13.2. Company Snapshot
12.13.3. Company Market Share Analysis
12.13.4. Company Product Portfolio
12.13.5. Recent Developments
12.13.6. SWOT Analysis
12.14. McKesson Corporation
12.14.1. Business Overview
12.14.2. Company Snapshot
12.14.3. Company Market Share Analysis
12.14.4. Company Product Portfolio
12.14.5. Recent Developments
12.14.6. SWOT Analysis
12.15. Pegasystems Inc.
12.15.1. Business Overview
12.15.2. Company Snapshot
12.15.3. Company Market Share Analysis
12.15.4. Company Product Portfolio
12.15.5. Recent Developments
12.15.6. SWOT Analysis
12.16. Ergomed plc
12.16.1. Business Overview
12.16.2. Company Snapshot
12.16.3. Company Market Share Analysis
12.16.4. Company Product Portfolio
12.16.5. Recent Developments
12.16.6. SWOT Analysis
List of Table
1. Global Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
2. Global Web-based, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
3. Global On-Premise, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
4. Global Cloud-based, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
5. Global Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
6. Global Services, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
7. Global Software, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
8. Global Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
9. Global Utilization Management, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
10. Global Disease Management, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
11. Global Chronic Care Management, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
12. Global Others, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
13. Global Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
14. Global Healthcare Payers, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
15. Global Healthcare Providers, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
16. Global Others, Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
17. Global Care Management Solutions Market, By Region, 2019-2032 (USD Billion)
18. North America Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
19. North America Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
20. North America Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
21. North America Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
22. U.S. Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
23. U.S. Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
24. U.S. Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
25. U.S. Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
26. Canada Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
27. Canada Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
28. Canada Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
29. Canada Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
30. Mexico Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
31. Mexico Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
32. Mexico Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
33. Mexico Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
34. Europe Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
35. Europe Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
36. Europe Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
37. Europe Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
38. Germany Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
39. Germany Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
40. Germany Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
41. Germany Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
42. France Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
43. France Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
44. France Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
45. France Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
46. U.K. Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
47. U.K. Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
48. U.K. Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
49. U.K. Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
50. Italy Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
51. Italy Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
52. Italy Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
53. Italy Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
54. Spain Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
55. Spain Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
56. Spain Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
57. Spain Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
58. Asia Pacific Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
59. Asia Pacific Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
60. Asia Pacific Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
61. Asia Pacific Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
62. Japan Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
63. Japan Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
64. Japan Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
65. Japan Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
66. China Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
67. China Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
68. China Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
69. China Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
70. India Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
71. India Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
72. India Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
73. India Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
74. South America Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
75. South America Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
76. South America Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
77. South America Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
78. Brazil Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
79. Brazil Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
80. Brazil Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
81. BrazilCare Management Solutions Market, By End-user, 2019-2032 (USD Billion)
82. Middle East and Africa Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
83. Middle East and Africa Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
84. Middle East and Africa Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
85. Middle East and Africa Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
86. UAE Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
87. UAE Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
88. UAE Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
89. UAE Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
90. South Africa Care Management Solutions Market, By Delivery Mode, 2019-2032 (USD Billion)
91. South Africa Care Management Solutions Market, By Component, 2019-2032 (USD Billion)
92. South Africa Care Management Solutions Market, By Application, 2019-2032 (USD Billion)
93. South Africa Care Management Solutions Market, By End-user, 2019-2032 (USD Billion)
List of Figures
1. Global Care Management Solutions Market Segmentation
2. Care Management Solutions Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Care Management Solutions Market Attractiveness Analysis by Delivery Mode
9. Global Care Management Solutions Market Attractiveness Analysis by Component
10. Global Care Management Solutions Market Attractiveness Analysis by Application
11. Global Care Management Solutions Market Attractiveness Analysis by End-user
12. Global Care Management Solutions Market Attractiveness Analysis by Region
13. Global Care Management Solutions Market: Dynamics
14. Global Care Management Solutions Market Share by Delivery Mode (2022 & 2032)
15. Global Care Management Solutions Market Share by Component (2022 & 2032)
16. Global Care Management Solutions Market Share by Application (2022 & 2032)
17. Global Care Management Solutions Market Share by End-user (2022 & 2032)
18. Global Care Management Solutions Market Share by Regions (2022 & 2032)
19. Global Care Management Solutions Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global care management solutions market based on below mentioned segments:
Global Care Management Solutions Market by Delivery Mode:
Global Care Management Solutions Market by Component:
Global Care Management Solutions Market by Application:
Global Care Management Solutions Market by End-user:
Global Care Management Solutions Market by Region:
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