Care Management Solutions Market 2021-2026: Competitive Landscape By EXL Service Holdings, Inc. (US), Casenet, LLC (US), Medecision Inc. (US), ZeOmega Inc. (US), Cognizant Technology Solutions (US)

The Care Management Solutions Market research report provides an outlook of the business chain structure and explains the industry environment, analyzes the market size, and forecasts by product, region, and application. The report also provides market price analysis and value chain features. The market research performed over here was provided for leading growth status, including developments, segmentation, landscape analysis, product types, and applications. Furthermore, the scope of this Care Management Solutions Market report includes in-depth insights of global and regional markets with the sense given for variation in the growth of the Healthcare industry in certain regions.

Care Management Solutions Market by Component (Software and Services), Delivery Mode (On-Premise and Cloud-Based), End User (Payers, Providers), Application (Disease Management, Case Management, Utilization Management) - Global Forecast to 2026 The global care management solutions market is projected to reach USD 21.6 billion by 2026 from USD 12.6 billion in 2021, at a CAGR of 11.4% during the forecast period.

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Some of the prominent players operating in the care management solutions market are

EXL Service Holdings, Inc. (US),
Casenet, LLC (US),
Medecision Inc. (US),
ZeOmega Inc. (US),
Cognizant Technology Solutions (US),
Cerner Corporation (US),
Allscripts Healthcare Solutions, Inc. (US),
and Epic Systems Corporation (US).

The growth of this market is driven by the implementation of initiatives to shift the burden of risk from healthcare payers to providers, government initiatives and regulations promoting patient-centric care, initiatives to promote healthcare IT, rising geriatric population, and need to reduce healthcare costs are driving the growth of the care management solutions market.

Software segment is expected to grow at the highest CAGR

On the basis of component, the care management solutions market is segmented into software and services. The software segment accounted for a larger market share of 75.1% in 2020. The large share of this segment can be attributed to the increased adoption of software solutions by payers and providers to reduce readmissions, increase cost-effectiveness, improve operational efficiency, enhance patient engagement, and aid data integration and analysis.

Cloud-based segment to register the highest CAGR

Care management solutions are delivered to end users through the on-premise and cloud-based modes of delivery. The on-premise solutions segment accounted for a larger market share of 64.8% in 2020. The advantages offered by the on-premise mode of delivery, such as customization of solutions, reduction in the risk of data breaches, and the ability to reuse existing servers and storage hardware, are supporting its increased adoption in the care management solutions market.

North America To Witness Significant Growth From 2021 To 2026

In 2020, North America accounted for the largest share of the care management solutions market. The large share of North America can be attributed to the increased adoption of care management solutions by healthcare providers and payers to meet the healthcare goals of better quality care and lower healthcare costs. Also, several major global players are based in the US, owing to which the US has become a center for innovation in the care management solutions market.

Breakdown of supply-side primary interviews:

By Company Type: Tier 1 – 34%, Tier 2 – 54%, and Tier 3 – 12%
By Designation: C-level – 31%, Director-level – 19%, and Others – 50%
By Region: North America - 46%, Europe – 25%, APAC –18%, Rest of the World –11%

Research Coverage

This report studies the care management solutions market based on component, delivery mode, application, end user and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.

Key Benefits of Buying the Report

This report focuses on various levels of analysis—industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design: Care Management Solutions Market
2.1.1 Secondary Data
2.1.2 Secondary Sources
2.1.3 Primary Data
Figure 2 Breakdown Of Primary Interviews (Supply Side): By Company Type, Designation, And Region
Figure 3 Breakdown Of Primary Interviews: Supply- And Demand-Side Participants
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.3 Market Breakdown And Data Triangulation
Figure 6 Data Triangulation Methodology
2.4 Assumptions For The Study

3 Executive Summary
Figure 7 Care Management Solutions Market, By Component, 2021 Vs. 2026 (Usd Million)
Figure 8 Care Management Solutions Market, By Delivery Mode, 2021 Vs. 2026 (Usd Million)
Figure 9 Care Management Solutions Market: Regional Snapshot

4 Premium Insights
4.1 Care Management Solutions Market Overview
Figure 10 Care Management Solutions Market To Witness Double-Digit Growth Rate From 2021 To 2026
4.2 Care Management Solutions Market, By End User And Region (2020)
Figure 11 Healthcare Payers Segment To Account For The Largest Market Share In 2020
4.3 Geographical Snapshot Of The Care Management Solutions Market
Figure 12 Europe To Witness The Highest Growth Rate During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 13 Care Management Solutions Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Implementation Of Initiatives To Shift The Burden Of Risk From Healthcare Payers To Providers
5.2.1.2 Government Initiatives And Regulations Promoting Patient-Centric Care
5.2.1.3 Rising Geriatric Population
5.2.1.3.1 Growing Need To Reduce Healthcare Costs
5.2.2 Restraints
5.2.2.1 Shortage Of Skilled Professionals
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 Technological Advancements In Healthcare It Solutions
5.2.3.3 Rising Focus On Personalized Medicine
5.2.4 Challenges
5.2.4.1 Lack Of Interoperability
5.2.4.2 High Cost Of Deployment
5.2.4.3 Data Breaches And Loss Of Confidentiality
Figure 14 Types Of Healthcare Breaches Reported To The Us Department Of Health And Human Services, 2018−2020
5.3 Regulations
5.3.1 Interoperability And Patient Access Final Rule
5.3.2 Health Insurance Portability And Accountability Act Of 1996 (Hipaa)
5.3.3 Health Information Technology For Economic And Clinical Health Act Of 2009 (Hitech)
5.3.4 Consumer Privacy Protection Act Of 2017
5.3.5 National Cybersecurity Protection Advancement Act Of 2015
5.3.6 Cybersecurity Law Of The People’s Republic Of China
5.3.7 Affordable Care Act, 2010
5.4 Case Studies
5.4.1 Closing Gaps In Healthcare
5.4.1.1 Use Case 1: Focus On Identifying And Closing Gaps In Healthcare
5.4.2 Prioritizing Outreach For Care Coordination Amidst The Pandemic
5.4.2.1 Use Case 2: Prioritizing Outreach For Care Coordination Amidst The Covid-19 Pandemic
5.5 Technology Analysis
Table 1 Technological Developments By Leading Vendors
5.6 Impact Of Covid-19 On The Care Management Solutions Market
5.7 Ecosystem
Figure 15 Care Management Solutions Market Ecosystem
5.8 Porter’s Five Forces Analysis
Figure 16 Degree Of Competition Is High In The Care Management Solutions Market

6 Care Management Solutions Market, By Component
6.1 Introduction
Table 2 Care Management Solutions Market, By Component, 2018–2020 (Usd Million)
Table 3 Care Management Solutions Market, By Component, 2021–2026 (Usd Million)
6.2 Software
6.2.1 Software Segment Dominated The Market In 2020
Table 4 Care Management Software Market, By Region, 2018–2020 (Usd Million)
Table 5 Care Management Software Market, By Region, 2021–2026 (Usd Million)
6.3 Services
6.3.1 Increasing Adoption Of Care Management Solutions To Drive Market Growth
Table 6 Care Management Services Market, By Region, 2018–2020 (Usd Million)
Table 7 Care Management Services Market, By Region, 2021–2026 (Usd Million)

7 Care Management Solutions Market, By Delivery Mode
7.1 Introduction
Table 8 Care Management Solutions Market, By Delivery Mode, 2018–2020 (Usd Million)
Table 9 Care Management Solutions Market, By Delivery Mode, 2021–2026 (Usd Million)
7.2 On-Premise Solutions
7.2.1 On-Premise Solutions Segment Dominated The Market In 2020
Table 10 On-Premise Care Management Solutions Market, By Region, 2018–2020 (Usd Million)
Table 11 On-Premise Care Management Solutions Market, By Region, 2021–2026 (Usd Million)
7.3 Cloud-Based Solutions
7.3.1 Cloud-Based Solutions Segment To Register The Highest Growth During The Forecast Period
Table 12 Cloud-Based Care Management Solutions Market, By Region, 2018–2020 (Usd Million)
Table 13 Cloud-Based Care Management Solutions Market, By Region, 2021–2026 (Usd Million)

8 Care Management Solutions Market, By End User
8.1 Introduction
Table 14 Care Management Solutions Market, By End User, 2018–2020 (Usd Million)
Table 15 Care Management Solutions Market, By End User, 2021–2026 (Usd Million)
8.2 Healthcare Payers
8.2.1 Growing Stringency Of Regulations For Payers Is Driving The Adoption Of Care Management Solutions
Table 16 Care Management Solutions Market For Healthcare Payers, By Region, 2018–2020 (Usd Million)
Table 17 Care Management Solutions Market For Healthcare Payers, By Region, 2021–2026 (Usd Million)
8.3 Healthcare Providers
8.3.1 Healthcare Providers Segment To Register The Highest Growth Rate During The Forecast Period
Table 18 Care Management Solutions Market For Healthcare Providers, By Region, 2018–2020 (Usd Million)
Table 19 Care Management Solutions Market For Healthcare Providers, By Region, 2021–2026 (Usd Million)
8.4 Other End Users
Table 20 Care Management Solutions Market For Other End Users, By Region, 2018–2020 (Usd Million)
Table 21 Care Management Solutions Market For Other End Users, By Region, 2021–2026 (Usd Million)

9 Care Management Solutions Market, By Application

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