Portland, OR, Nov. 11, 2022 (GLOBE NEWSWIRE) -- A new business intelligence report released by Allied Market Research, the global Care Management Solutions Market was estimated at $9.3 billion in 2021 and is expected to hit $25.7 billion by 2031, registering a CAGR of 10.7% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $9.3 Billion |
| Market Size in 2031 | $25.7 Billion |
| CAGR | 10.7% |
| No. of Pages in Report | 195 |
| Segments Covered | Component, Mode of Delivery, End User, Application, and Region. |
| Drivers | Rise in the geriatric population and increase in use of care management solutions for chronic care management |
| Restraints | Fear of data security breach and dearth of skilled professionals |
| Opportunities | Surge in adoption of different strategies such as product development and team creation |
Covid-19 scenario-
- Increase in demand for care management solutions from the healthcare and medical sector impacted the global care management solutions market positively.
- This drift is expected to persist post pandemic too.
The global care management solutions market is analyzed across component, mode of delivery, end user, application, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
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Based on component, the software segment held nearly two-thirds of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also manifest the fastest CAGR of 11.1% throughout the forecast period.
Based on mode of delivery, the on-premise segment garnered more than half of the total market revenue in 2021, and is expected to dominate by 2031. The cloud-based segment, however, would project the fastest CAGR of 11.2% during the forecast period.
By application, the disease management segment generated the lion's share in 2021, holding more than half of the global care management solutions market. The same segment would also cite the fastest CAGR of 11.0% from 2022 to 2031.
Based on region, the global care management solutions market across North America generated more than two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, simultaneously, would showcase the fastest CAGR of 13.2% throughout the forecast period. The other provinces analyzed through the report include Europe and LAMEA.
The key market players analyzed in the global care management solutions market report include Altruista Health, Inc., AthenaHealth, Casenet, LLC, Cedar Gate Technologies, LLC, Cognizant, Epic Systems Corporation, ExlService Holdings, Inc., Health Catalyst Inc., i2i Systems Inc., Allscripts Healthcare Solutions, Inc., Medecision Inc., and ZeOmega Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
