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Medical Case Management Services Market 2023: Independent Medical Examination Segment Expected to Register Fastest Growth

02-09-2023 07:37 AM CET | Health & Medicine

Press release from: Persistence Market Research

Medical Case Management Services Market 2023: Independent

The Medical Case Management Services Market refers to the market for professional services that help manage the medical treatment and recovery of patients with complex medical conditions. These services involve the coordination and monitoring of the medical treatment process to ensure the best possible outcomes for patients, while also reducing the cost of healthcare.

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The growth of the Medical Case Management Services Market is driven by the increasing demand for effective healthcare solutions, the increasing prevalence of chronic conditions, and the growing need for cost-effective healthcare solutions. Additionally, the increasing demand for integrated and coordinated care, the increasing focus on quality and patient-centered care, and the growing aging population are also driving the growth of the Medical Case Management Services Market.

Companies

GENEX Services Inc.
Europ Assistance - Global Corporate Solutions.
Medical Case Management Group.
EK Health Services Inc.
EagleOne Case Management Solutions, Inc.
Axiom Medical Consulting, LLC.
Healthcare Solutions Inc.
Managed Medical Review Organization Inc.
Precyse Solutions LLC.

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The Medical Case Management Services Market is segmented based on service type, end-user, and geography. The service type segment is divided into workers' compensation case management, disease management, catastrophic case management, and others. The end-user segment is divided into hospitals and clinics, insurance companies, and others.

In conclusion, the Medical Case Management Services Market is expected to grow at a significant rate due to the increasing demand for effective healthcare solutions, the increasing prevalence of chronic conditions, and the growing need for cost-effective healthcare solutions. The increasing demand for integrated and coordinated care, the increasing focus on quality and patient-centered care, and the growing aging population are some of the factors that are driving the growth of the Medical Case Management Services Market.

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Lack of Awareness in Developing Countries to Crimp Market Growth

On the flip side, lack of awareness is a key factor challenging the growth of medical case management services market. As most vendors offering medical case management services are focused on developed regions, people in developing countries have very less awareness about these services. The dearth of professionals for medical case management services is also a hindrance to the growth of this market. Currently, around 50% of medical case managers handle more than 100 cases each in a month.

Apart from this, high costs of medical case management is proving to be a bottleneck to the growth of medical case management services market. Low percentage of population having medical insurance in developing countries is limiting the demand for medical case management services in these regions.

Among the various segments based on mode of service, web-based case management service holds prominence in this market. Hospital end-use segment is anticipated to continue to hold the leading market share over the forecast period.

By severity of case, long-term disability segment is predicted to register a significant growth rate over the 2017-2021 forecast timeframe. Region-wise, North America is expected to remain at the fore in the medical case management services market in the near future.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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