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Care Management Solutions Market Poised to Surge to $41.65B by 2029, Says New Report

28 Jan, 2025

How Has The Care Management Solutions Market Grown Historically?

The care management solutions market has been undergoing a robust expansion in recent years.
• The market size shot up from $19.89 billion in 2024 to $23.22 billion in 2025, yielding a CAGR of 16.7%
The growth was primarily fuelled by an aging populace, surge in chronic diseases, adoption of electronic health records, heightened focus on population health management, and increased emphasis on healthcare data interoperability.

What Is The Care Management Solutions Market Forecast?

The forecast for the care management solutions market remains bright and promising.
• Expectations project the market to soar to $41.65 billion by 2029, with a CAGR of 15.7%
A heightened focus on healthcare data security, growing usage of remote patient monitoring tech, wider adoption of mobile health apps, emergence of care management solutions in budding healthcare markets, and enhanced emphasis on preventive care are contributing factors to this growth. Future trends to look for include AI and predictive analytics integration, environmental-friendly practices, precision medicine and genomics inclusion in care management, collaborative efforts for community health integration, and blockchain applications in healthcare.

What Factors Are Driving Growth In The Care Management Solutions Market?

Accelerated investment in digital healthcare is emerging as an influential propellant for the growth of the care management solutions market. Digital healthcare offers preventive disease measures, healthcare cost reduction strategies, and management solutions for chronic conditions. For example, according to Fierce Healthcare, health tech firms in the US are receiving less funding this year compared to 2021, with up to $12.6 billion funneled into 458 deals by the end of fiscal Q3 2022. However, in 2022 alone, 23 healthcare-centered startups surpassed a $1 billion valuation mark, earning 'unicorn' status.

What Are Key Market Segments In The Care Management Solutions Market?

The market report segments the care management solutions market as follows –
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

Pre-Book The Care Management Solutions Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights Here:

What Are The Markets Trends Shaping The Care Management Solutions Industry?

Companies operating in the care management solutions market are developing innovative platforms and solutions such as medical management solutions to meet a larger customer base, facilitate more sales, and boost revenue. For example, in October 2022, VirtualHealth launched HELIOS Essentials, a new setup for their dominant HELIOS platform. Tailored for specialty care providers and middle-sized healthcare organizations, this innovative platform offers robust AI-driven automation, eradicates data isolation, simplifies operations, lowers IT resource demands, and promotes comprehensive, value-driven healthcare.

Who Are The Key Players Driving Innovation In The Care Management Solutions Market?

The key players in the care management solutions market include:
• EXL Service Holdings Ltd.
• Allscripts Healthcare Solutions Inc.
• Conduent Inc.
• Envolve Health LLC
• EPIC Systems Inc.
• Exlservice Holdings Inc.
• Health Catalyst Inc.
• Healthsmart Holdings Inc.
• i2i Population Health
• International Business Machines Corporation

What Are The Major Regional Insights In The Care Management Solutions Market?

North America emerged as the largest region in the care management solutions market in 2024. Asia-Pacific, however, is projected to be the fastest-growing region in the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.