According to Data Bridge Market Research new Market report, global care management solutions market will account to an estimated USD 9.29 billion in 2018 growing at a CAGR of 16.3% during the forecast period of 2019 to 2026.
Global Care Management Solutions Market
Care management solution helps to integrate and analyze all health information in one place. They help the healthcare providers to manage data related to their members. Then they provide healthcare plans according to the data. The main motive is to assess patient needs and according to that ensure effective care and recovery. It also enables healthcare providers to achieve their goals faster and make better decisions by providing population management solutions for checking costs without compromising the quality. This is a platform where patient, healthcare providers and families can track the healthcare program.
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Segmentation: Global Care Management Solutions Market
Global care management market solution is segmented on the basis of components, delivery mode, applications, end- users and geography.
Global Care Management Solutions Market, By Component (Software, Services), Delivery mode (On-premise, Cloud-based, Web-based), Application (Disease Management, Case Management, Utilization Management, Other), End-User (Healthcare Payers, Healthcare Providers, Other), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN CARE MANAGEMENT SOLUTION MARKET
Increase occurrence of chronic diseases
According to a data, 77.5 percent of Canadian First Nations children with asthma were receiving treatment for their condition as of 2015- 2016.
Then with 64.3% for dermatitis, 58.8 for learning disorder, 51.5% for speech or language difficulties, 51.1% for chronic ear infections and 37.7% for allergies.
Another study shows that in 1995, 118 million people in USA had chronic condition which was increased to 125 million in 2000, then to 133 million by 2005 and will be 157 million by 2020. It is estimated that by 2030, 171 million people will have chronic conditions in USA.
Key Market Competitors: Global Care Management Solutions Market
Few of the major market competitors currently working in the care management solutions market are EXL, Casenet LLC., Medecision, ZeOmega, Cognizant, Cerner Corporation, Allscripts, TCS Healthcare Technologies, Koninklijke Philips N.V., IBM Corporation, Health Catalyst, WellSky, Salesforce.com, Inc., i2i Systems, Pegasystems Inc., Epic Systems Corporation, athenahealth, TriZetto Corporation, McKesson Corporation and AxisPoint Health.
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