Press release
Transitional Care Management Services Market: Soaring at a CAGR of 16.9% to Reach $336.76 Billion By 2025, Bolstered by Chronic Disease and Policy Changes
Transitional Care Management Services Market Share
What Is The Projected Market Size Of The Global Transitional Care Management Services Market And Its Growth Rate?
• The transitional care management services market size was $288.13 billion in 2024.
• The market is projected to grow to $336.76 billion in 2025 at a compound annual growth rate (CAGR) of 16.9%.
• This significant increase can be attributed to changes in healthcare policy, focus on value-based care, hospital readmission reduction initiatives, and collaboration among healthcare providers.
• The market will continue to see rapid growth, expected to reach $659.35 billion in 2029 at a CAGR of 18.3%.
• This growth will be driven by patient engagement solutions, policy support for care coordination, expanding healthcare access, data analytics and predictive modeling, and patient-centered medical home models.
What Is Driving The Growth In The Transitional Care Management Services Market?
The surging number of chronic disease patients is a major driver for the growth of the transitional care management services market. Chronic diseases, including non-communicable diseases such as cardiovascular disease, cancer, chronic respiratory disease, and diabetes, require continuous medical treatment. Transitional care management (TCM) services, including self-management education, discharge planning, and systematic follow-up, can help manage these diseases. For instance, the number of older US citizens with at least one chronic illness is predicted to rise by 99.5%, from 71.522 million in 2020 to 142.66 million in 2050. This increasing prevalence of chronic diseases is driving the growth in the transitional care management services market.
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Who Are the Key Players Driving Transitional Care Management Services Market Growth?
• Rijuven Corp.
• PharMerica Corporation
• CareVitality
• ACT Health Solutions LLC
• Wellsky Corporation
• Care UK Limited
• Genesis Healthcare Corp.
• US Acute Care Solutions
• Charter Health Care Group
• Amedisys Inc.
• National HealthCare Corporation
• LHC Group Inc.
• Brookdale Senior Living Inc.
• Encompass Health Corporation
• PruittHealth
• Consulate Health Care
• Signature Healthcare LLC
• Life Care Services LLC
• Sunrise Senior Living LLC
• Five Star Senior Living Inc.
• Senior Lifestyle Corporation
• Holiday Retirement
• Erickson Living Management LLC
• The Ensign Group Inc.
• Diversicare Healthcare Services Inc.
• Saber Healthcare Group LLC
• SavaSeniorCare LLC
What Are The Key Trends In The Transitional Care Management Services Market?
• Integration of telehealth technology.
• Emphasis on patient-centered care.
• Increased collaboration and care coordination.
• Adoption of remote patient monitoring technologies.
• Focus on chronic disease management.
What Are The Segments Of The Global Transitional Care Management Services Market?
• By Service: Patient TCM Services, Healthcare TCM Services, Billing TCM Services, Documenting TCM Services, Other Services.
• By Disease Type: Cardiovascular Diseases, Diabetes, Cancer, Asthma, Chronic Obstructive Pulmonary Disorders, Other Diseases.
• By Application: Inpatient Settings, Community Settings.
Which Region Leads The Transitional Care Management Services Market?
North America was the largest region in the transitional care management services market in 2024. The Asia-Pacific region, however, is expected to be the fastest-growing region during the forecast period with significant growth potentials in countries like China and India.
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What Is Covered In The Transitional Care Management Services Market Global Market Report?
- Market Size Analysis: Analyze the Transitional Care Management Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Transitional Care Management Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Transitional Care Management Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Transitional Care Management Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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