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Global Care Management Solutions Market Grow at a CAGR of 21% to Reach $7.3 Billion by 2018


The healthcare industry is undergoing a fundamental transformation globally as it shifts from a volume-based business to a value-based business. Growing demands from consumers for improved healthcare quality and greater value are forcing healthcare providers and payers to deliver optimized outcomes. In addition, governments across the globe are increasingly working towards reducing healthcare costs, which increases the burden on payers and providers to meet government as well as consumer expectations, thereby compelling them to move towards care management solutions which enable them to provide improved healthcare at reduced costs.


The global care management solutions market is estimated to grow at a CAGR of 21% from 2013 to 2018, to reach $7.3 billion by 2018 from $2.8 billion in 2013.Over the years, the healthcare industry is recognizing that the traditional approaches to patient care, quality assurance, and cost management are inefficient to keep pace with the emerging challenges. Therefore, care management solutions will be among the priorities on the investment list of healthcare organizations for quality outcomes and cost management. Based on the mode of delivery, web-hosted solutions form the largest segment of the care management solutions market in 2013. However, cloud-based solutions are the fastest-growing delivery mode.

In the segmentation based on end users, the payer segment is the largest segment. However the provider and employer groups segments are expected to grow at a rapid rate in the end-user market as these markets are hitherto untapped and employers are realizing that the health of their employees directly affects the productivity of the company. Based on geography, North America is expected to grow at the highest CAGR. The high growth in the North American region can be attributed to factors such as the rising healthcare costs and the demands for quality care, legislative reforms, rising aging and chronically ill population, and government support for care management.


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The care management solutions market is highly fragmented with many small and few large players. The companies in this market focus on growth strategies such as client acquisitions; agreements, partnerships, collaborations, and alliances; new product launches; and others (event participation, marketing and promotion, and expansion) to increase their customer base.

The major players in the global care management solutions market include McKesson Corporation (U.S.), Medecision, Inc. (U.S.), EXL Landa (U.S.), ZeOmega, Inc. (U.S.), HealthSmart Holdings, Inc. (U.S.), Allscripts, Inc. (U.S.), Phytel Inc. (U.S.), WellCentive, Inc. (U.S.), TriZetto Corporation (U.S.), and i2i Systems, Inc. (U.S.).


Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on product portfolio and services offered by the 10 major players in the care management solutions market. The report analyzes care management solutions across geographies
  • Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and new product launches in the care management solutions market
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets care management solutions across geographies
  • Market Diversification: Extensive information about new products and services, untapped geographies, recent developments, and investments in the care management solutions market
  • Competitive Assessment: In-depth assessment of strategies, products, and services of leading players in the care management solutions market

 

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Table of Contents :

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Care Management Solutions Market, By Component

8 Care Management Solutions Market, By Delivery Mode

9 Care Management Solutions Market, By End User

10 Care Management Solutions Market, By Geography

11 Competitive Landscape

12 Company Profiles
12.1 Allscripts Healthcare Solutions, Inc.
12.2 Exl Landa (Exlservice Holdings, Inc.)
12.3 Healthsmart Holdings, Inc.
12.4 I2I Systems, Inc.
12.5 Mckesson Corporation
12.6 Medecision, Inc.
12.7 Phytel, Inc.
12.8 Trizetto Corporation
12.9 Wellcentive, Inc.
12.1 Zeomega, Inc.
 
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