Care Management Solutions Market Analysis and Industry Forecast, 2021 | Top Players- Casenet LLC, Cerner Corporation, Medecision, EXL Healthcare, AthenaHealth, HealthSmart Holding

iCrowd Newswire
22 Jan 2021, 20:51 GMT+10

Considering the colosal growth, the market perceives currently; Market Research Future (MRFR), in its recently published study report asserts that the global care management solutions market will grow exponentially by 2023, registering a fabulous CAGR throughout the forecast period (2017 – 2023).

Care Management Solutions have become an essential part of healthcare offerings providing cost-effective patient care. Implementation of these solutions ensures reduction of costs and increased patient care quality.

Besides, the most effective workflow methods that these solutions provide result in creating lucrative opportunities for market players in the chronic disease market. Advancements in IT technology and increasing uptake of healthcare IT for the efficient management of large volumes of data are expected to increase the size of the market.

Care Management Solutions Market – Regional Analysis

The North American region, heading with its robust economy, high healthcare expenditure, and the presence of key players is estimated to retain its dominance over the global care management solutions market. Americas has one of the best medical facilities around the world as well as higher rate of patients. Canada and the U.S. are technologically well-advanced countries; therefore, hold the largest market share in the care management solutions market in the region.

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Furthermore, the increasing number of hospitals ambulatory centers and the presence of huge patient population alongside the well-developed technology drive the market growth in the region. Massive funding from public and private sectors are fostering the market growth, making the cost of these solutions affordable.

The care management solutions market in the European region accounts for the next largest market share, globally. Factors allowing the regional market to substantiate include strong government support, availability of funds, and the increasing demand for better management software & platforms.

Global Care Management Solutions Market – Segmentation

For ease of understanding, the MRFR analysis has been segmented into five key dynamics:

By Component: Software and Services

By Application: Disease Management, Case Management, Utilization Management, and EMR Management among others.

By Delivery Method: Web, Cloud, and On-premise

By End-user: Payers and Providers among others.

By Regions: North America, Europe, Asia Pacific, and the Rest-of-the-World.

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Major Players:

Key players leading the global care management solutions market include Cerner Corporation, Casenet LLC, Medecision, AthenaHealth, EXL Healthcare, HealthSmart Holding, Cognizant Technology Solutions, Epic Systems Corporation, Koninklijke Philips N.V., and Allscripts Healthcare Solutions among others.

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast emerging market research firm is armed with an adept research analysts' team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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