North America Care Management Solutions Market Size, Share & Industry Trends Analysis Report By End-use (Healthcare Providers, Healthcare Payers and Others), By Component (Software and Services), By Mode of Delivery, By Country and Growth Forecast, 2022 - 2028
The North America Care Management Solutions Market would witness market growth of 13.6% CAGR during the forecast period (2022-2028).
Care management systems give telemedicine and e-therapy providers the tools they need to base their judgments on accurate, up-to-date information on patient populations. When a decision is founded on concrete, verifiable evidence, helpful professionals can provide better care for their customers. A human cannot gather this information and develop the necessary knowledge.
Care management tools improve the therapeutic process and increase the likelihood that a patient will find a remedy that works the first time it is used. In order to prevent overcrowding of the hospital infrastructure, the patient management software solution could also manage patients within the hospitals by monitoring their wait times, admissions, or bed occupancies in accordance with the providers' availability.
Once patients are admitted, the patient management software enables users to monitor patient whereabouts, plan surgical procedures, and coordinate medical reactions to emergencies. The quality of healthcare is greatly influenced by staff-patient communication. Fortunately, care management software will improve a company's capacity to scale and afterwards manage numerous patients simultaneously. Software for care management promotes transparency while also enabling quicker and better medical care.
The healthcare system in the United States is among the most advanced and efficient in the entire world, making it a very lucrative market for all healthcare innovations. The need for PHM programs has increased as a result of a greater focus on clinical decision-making and clinical engagement in an effort to further raise the calibre of healthcare services. The transition from the fee-for-service (FFS) model to the value-based payment (VBP) model, which supports the delivery of healthcare with a focus on value.
The US market dominated the North America Care Management Solutions Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,333.4 Million by 2028.The Canada market is poised to grow at a CAGR of 15.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 15.5% during (2022 - 2028).
Based on End-use, the market is segmented into Healthcare Providers, Healthcare Payers and Others. Based on Component, the market is segmented into Software and Services. Based on Mode of Delivery, the market is segmented into Web-based, Cloud-based and On-premise. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AllScripts Healthcare Solutions, Inc., Epic Systems Corporation, Cognizant Technology Solutions Corporation, ExlService Holdings, Inc., Koninklijke Philips N.V., Oracle Corporation (Cerner Corporation), Zeomega, Inc., Medecision, Inc. (Health Care Service Corporation), IBM Corporation, and Casenet, LLC (Zyter, Inc.)
Scope of the Study
Market Segments covered in the Report:
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