Industry Background:
Care management solution integrates physicians, care managers, for effective solutions. These solutions optimize the connections among care managers, members, and providers. This is a value-based solution deliver automated and integrated solution for designing and administering member incentive programs. This solution enhances the efficiency with streamlined utilization, case and disease management experience.This growth is primarily driven by The Rising Shift of Risk Burden from Healthcare Payers to Providers
.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Technology sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as EXL Service Holdings, Inc. (United States), Casenet, LLC (United States), Medecision Inc. (United States), ZeOmega Inc. (United States), Cognizant Technology Solutions (United States), Cerner Corporation (United States), Allscripts Healthcare Solutions, Inc. (United States), TCS Healthcare Technologies (United States), Koninklijke Philips N.V. (Netherlands) and IBM Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2023, Grafenia has taken another step away from print after acquired Care Management Systems (CMS), a provider of care home management software and systems, on a debt free/cash free basis.
In Jul 2020, Altruista Health and North Carolina’s Eastpointe Human Services announced the launch of Atruista’s care management technology and supporting whole-person care in 10 counties. Through this initiative, they help in managing care organization issues and intellectual and developmental disabilities.There are various companies that are operating in this industry and heavily investing in technology development. There are various market players are entering this industry to capture market growth opportunities. The market leaders are investing in organic and non-organic strategic growth initiatives to become dominant in this industry.
Influencing Trend:
Increase in Market Competency
Market Growth Drivers:
The Rising Shift of Risk Burden from Healthcare Payers to Providers, Increase in Government Initiatives & Regulations Promoting Patient-Centric Care, Development to Promote Healthcare IT and Growing Demand for the Reduction of Healthcare Costs
Challenges:
Absence of Interoperability, High Cost Associated with the Deployment Care Management Solution and The Rise in Concern Data Breaches and Loss of Confidentiality
Restraints:
Lack of Skilled Professionals
Opportunities:
Technological Development in Healthcare IT Solutions
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Care Management Solution Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Care Management Solution Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Care Management Solution players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Care Management Solution Study Sheds Light on
The Care Management Solution Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Care Management Solution industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Care Management Solution industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.