The care management solutions market report from The Business Research Company covers growth-driving insights such as care management solutions market size, care management solutions market trends and drivers, care management solutions market segmentation, care management solutions market competitive landscape and more

The care management solutions market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 15%, as per The Business Research Company’s market report!

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The Care Management Solutions Market Size In 2022 And Forecast

The global care management solutions market is expected to grow $11.85 billion in 2021 to $14.05 billion in 2022 at a compound annual growth rate (CAGR) of 18.6%. The global care management solutions market size is expected to grow to $24.97 billion in 2026 at a compound annual growth rate (CAGR) of 15.5%.

The care management solutions market consists of sales of care management solutions by entities (organizations, sole traders, and partnerships) that are used to provide a complete set of services and activities designed to assist people with chronic or complicated medical illnesses.

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The Increasing Investment In Digital Healthcare Is Driving The Growth Of The Care Management Solutions Market

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.

Competitive Landscape And The Regional Analysis Of The Care Management Solutions Market

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.

Additionally, as per TBRC’s research – North America was the largest region in the care management solutions market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Care Management Solutions Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the care management solutions market.

Technological Advancement – A Key Trend In The Care Management Solutions Market

Major companies operating in the care management solutions sector are focused on developing new technological solutions to strengthen their position in the market.

Care Management Solutions Market Segmentation By The Business Research Company

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

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