The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s care management solutions market report forecasts the care management solutions market size to grow to $29.47 Billion by 2027, with a CAGR (compound annual growth rate) of more than 15%.

Learn More On The Care Management Solutions Market Report 2023 – https://www.thebusinessresearchcompany.com/report/care-management-solutions-global-market-report

Care Management Solutions Market Size Forecast
The global care management solutions market is expected to grow from $14.14 billion in 2022 to $16.56 billion in 2023 at a compound annual growth rate (CAGR) of 17.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The care management solutions market size is expected to grow to $29.47 billion in 2027 at a CAGR of 15.5%.

North America held the largest care management solutions market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Care Management Solutions Market Driver ­– Increase In Investment In Digital Healthcare
For instance, according to the Healthcare Information and Management Systems Society, a US-based not-for-profit healthcare organization, in 2021, the financing for digital communication technology grew by 72% during the COVID-19 outbreak, and telemedicine alone received $4.3 billion in financing in 2020. The total amount invested in digital health has hit an all-time high of $26.5 billion. Therefore, the increasing investment in digital healthcare is driving the demand for the care management solutions market.

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Key Care Management Solutions Market Trend – Technological Advancement
Major companies operating in the care management solutions sector are focused on developing new technological solutions to strengthen their position in the market. For instance, in October 2020, VirtualHealth, a US-based comprehensive care management platform, introduce HELIOS Essentials. HELIOS Essentials provides unprecedented configuration and potent AI-powered automations for specialist care providers and mid-size healthcare companies. It dismisses data silos, streamlines operations, uses less IT resources, and enables value-based, whole-person care. This launch represents another step forward for the company and the care management solutions market.

Care Management Solutions Market Segment
1) By Component: Software, Services
2) By Delivery Mode: On-premise, Cloud-based
3) By Application: Disease Management, Case Management, Utilization Management
4) By End User: Hospitals And Clinics, Accountable Care Organizations (ACOs), Health Insurance Providers, Other End-Users

Care Management Solutions Market Major Players and Strategies
Major players in the care management solutions market are Cerner Corporation, International Business Machines Corporation, Koninklijke Philips N.V., ZeOmega Infotech Private Limited, i2i Population Health, EPIC Systems Inc., Salesforce Inc., Pegasystems Inc., Mediware Information Systems, Allscripts Healthcare Solutions Inc., EXL Service Holdings, Exlservice Holdings Inc., Zeomega Inc., Health Catalyst Inc., Conduent Inc., Envolve Health, Trizetto Corporation, Healthsmart Holdings Inc., and Axispoint Health.

In January 2021, Royal Philips, a US-based health technology company, acquired Capsule Technologies, Inc. for a deal amount of $635 million. Through this acquisition, Philips would expand its patient care management offering and look forward to participating strengths, adding a vendor-neutral medical device combination that further unlocks the ability of medical device data to improve patient monitoring and management. Capsule Technologies is a US-based company that provides medical device integration, clinical surveillance, and patient monitoring for hospitals.

The Care Management Solutions Global Market Report 2023 covers regional data on care management solutions market size, care management solutions market trends and drivers, opportunities, strategies, and care management solutions market competitor analysis. The countries covered in the care management solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Care management solutions are a suite of services that patients can used to manage their chronic health conditions. They are used to provide a complete set of services and activities designed to assist people with chronic or complicated medical illnesses.

View More Reports Related To The Care Management Solutions Market –
Software Consulting Global Market Report 2023
Software Products Global Market Report 2023
Healthcare IT Integration Global Market Report 2023

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