Key Trends and Insights into the Value Based Care Payment Market: Growth Rate and Opportunities to 2034
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How has the value based care payment market size evolved in recent years?
The market size for value-based care payment has seen a quick expansion in recent years. With an anticipated increase from $2.78 billion in 2024 to $3.11 billion in 2025, the compound annual growth rate (CAGR) stands at 11.8%. Factors contributing to this growth during the historic period include robust economic development in emerging markets, a surge in healthcare expenditure, an increase in the adoption of digital healthcare infrastructure, and swift progress in value-based healthcare services.
What are the predictions for the value based care payment market size in the coming years?
The market size of the physical access control system is projected to experience swift expansion in the coming years. The market is predicted to increase to $17.27 billion by 2029, with a compound annual growth rate (CAGR) of 12.0%. The growth anticipated in the forecast period can be credited to rising security issues, subsequent adoption of biometrics, preference for contactless solutions, compliance with regulatory standards, and merger of physical and logical security. Key trends predicted in the forecast period involve the integration of AI and machine learning, utilization of data analytics for security insights, the blend of physical and logical security, shift towards contactless solutions, and focus on cybersecurity.
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What key factors are fueling the growth of the value based care payment market?
The swift progression in value-oriented healthcare services is poised to drive significant growth in the value-based care payment market. This type of care has successfully cut down healthcare costs and unnecessary spending by an average of 5.6%. UnitedHealth has projected that $75 billion of its payments to healthcare providers will be tied to value-based care relationships. Similarly, there is a surge in the number of Accountable Care Organizations (ACO), offering enhanced security and coverage. For instance, research published in the Journal of Health Affairs found over 1,000 ACOs in the USA, holding more than 1,400 contracts with commercial and government insurers and serving over 32 million people. Hence, the fast-paced growth in value-oriented health services enhances the demand in the value-based care payment market by optimizing the use of services provided to clients focusing on a value-based care model, rather than the fee-for-service model.
How is the global value based care payment market divided into key segments?
The value based care payment market covered in this report is segmented –
1) By Model: Accountable Care Organization (ACO), Bundled Payments, Patient-Centered Medical Home (PCMH), Pay For Performance (P4P)
2) By Deployment Type: Cloud Based, On-Premise
3) By End User: Providers, Payer
Subsegments:
1) By Accountable Care Organization (Aco): Medicare Acos, Commercial Acos, Medicaid Acos
2) By Bundled Payments: Single Episode Of Care, Multi-Episode Care, Condition-Specific Bundles
3) ByPatient-Centered Medical Home (Pcmh): Level 1 Pcmh, Level 2 Pcmh, Level 3 Pcmh
4) By Pay For Performance (P4p): Hospital-Based P4p Programs, Physician-Based P4p Programs, Specialty-Based P4p Programs
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Who are the key firms paving the way for growth in the value based care payment market?
Major companies operating in the value based care payment market include McKesson Corporation, Change Healthcare, Premier Inc, NextGen Healthcare Inc., FinThrive, Inc., Unitedhealth Group Inc., Edifecs, Nuna Inc., OM1, Relias, JD Health, Alibaba Health Information Technology Ltd, Ping An Healthcare And Technology Co. Ltd., Tencent Holdings Ltd, Wedoctor Holdings (Zhejiang) Co. Ltd., Huma, Cera, Lumeon, Helios Gesundheit, Doctorlink, Cigna, GE Healthcare, Siemens Medical Solutions USA, Inc., Etyon Health, Fresenius Medical Care, Medtronic PLC, 3M Healthcare Service Group, F. Hoffmann-La Roche AG, Dickinson And Company, Acelity L.P., Dupatri, Vibe Saúde, Butterfly, Plim, Guepardo Sistemas, Afya Ltd, Glic, Iclinic Desenvolvimento De Software Ltda, Glucare Integrated Diabetes Center, Clalit Health Services, Nextstep People Solutions, Athena Health
Which trends are expected to transform the value based care payment market?
Top firms in the value-based care payment market are increasingly turning to mergers, acquisitions and partnerships to boost their reach and spur growth in the market. This strategic approach employed by market players enables them to harness technological advantages by obtaining innovative technology, strengthening their competitive edge. For example, in March 2023, the US healthcare company CVS Health purchased Signify Health at an undisclosed sum. The newly merged entity aims to boost care delivery capacities, reduce expenses, heighten engagement levels, and facilitate extensive access to exemplary care, specifically for Medicare Advantage clients. Signify Health is a provider of value-based care payment solutions based in the US.
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What regions are contributing significantly to the growth of the value based care payment market?
North America was the largest region in the value-based care payment market in 2024. Western Europe was the second largest region in value-based care payment market share. The regions covered in the value based care payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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