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Key Influencer in the Care Management Solutions Market 2025: Digital Healthcare Investment Surge Fuels Growth In Care Management Solutions Market Driver

02-21-2025 09:02 AM CET | Health & Medicine

Press release from: The Business Research Company

Care Management Solutions Market

Care Management Solutions Market

How Are the key drivers contributing to the expansion of the care management solutions market?
The care management solutions market is projected to expand due to an upsurge in investment in digital healthcare. Such digital healthcare aids in disease prevention, reduction of health costs, oversight and control of long-term diseases, and the customization of medicine for specific patients. It also facilitates online file exchange and acceptance via multiple platforms like desktops, laptops, and mobile devices. Fierce Healthcare, a U.S. based media firm specializing in timely news, analysis, and insights for the healthcare sector, reported in December 2022 that investments in health tech companies have declined significantly from the previous year. As per the statistics provided by CB Insights, funding had accumulated to $12.6 billion from 458 transactions by the end of the third quarter of 2022. Yet, despite lesser funding, 23 healthcare-centric startups managed to acquire 'unicorn' status in 2022, achieving valuations exceeding $1 billion. Thus, the escalation in investments in digital healthcare is fuelling the demand in the care management solutions market.

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What growth opportunities are expected to drive the care management solutions market's CAGR through 2034?
The market size for care management solutions has seen a swift expansion in the past few years. Increasing from a valuation of $19.89 billion in 2024, it is expected to rise to $23.22 billion in 2025 with a compound annual growth rate (CAGR) of 16.7%. Factors contributing to the growth during the historical period include advancements like the aging population, a rise in chronic diseases, the adoption of electronic health records (EHR), effective population health management, along with an intensified focus on interoperability of healthcare data.

The market size for care management solutions is predicted to experience swift expansion in the coming years, with it set to reach $41.65 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 15.7%. The projected growth during this period can be associated with the increased emphasis on healthcare data security, the rising employment of remote patient monitoring systems, the expanded use of mobile health applications, the introduction of care management solutions in up-and-coming healthcare markets, and the heightened concentration on preventive care. Key trends during the forecast period consist of the amalgamation of artificial intelligence (AI) and predictive analytics, sustainability and environmentally friendly practices, the integration of genomics and precision medicine into care management, combined efforts to incorporate community health, and the application of blockchain in healthcare.

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What are the emerging trends shaping the future of the care management solutions market?
Leading enterprises in the care management solutions market are pioneering fresh and innovative solutions such as medical management platforms. This is aimed at expanding their customer reach, driving up sales, and boosting revenue. A medical management platform stands out as a holistic and interconnected software system or tech solution aimed at streamlining various facets of healthcare management. For example, VirtualHealth, a healthcare solutions supplier based in the USA, unveiled HELIOS Essentials in October 2022. This is a novel, preconfigured setup for their preeminent HELIOS platform. Ideal for specialty care providers and mid-scale healthcare organizations, HELIOS Essentials is a unique solution designed specifically for deep customization and powerful AI-powered automation. This advanced platform presents a cost-effective, user-friendly, enterprise-grade medical management solution. It eliminates data silos, streamlines operations, reduces demands on IT resources, and endorses comprehensive, value-focused healthcare. HELIOS Essentials functions as a harmonious ecosystem for modern care teams, promoting unrivalled collaboration, coordination, automation, and healthcare delivery.

Which growth-oriented segments of the care management solutions market are leading the industry's development?
The care management solutions market covered in this report is segmented -

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

Subsegments:
1) By Software: Care Management Software, Population Health Management Software, Patient Engagement Software, Remote Patient Monitoring Software, Analytics and Reporting Tools
2) By Services: Consulting Services, Implementation Services, Support and Maintenance Services, Training and Education Services

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What regions are leading the charge in the care management solutions market?
North America was the largest region in the care management solutions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the care management solutions market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What companies are at the forefront of innovation in the care management solutions market?
Major companies operating 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, Koninklijke Philips N.V., Mediware Information Systems, Pegasystems Inc., Salesforce Inc., Trizetto Corporation, Zeomega Inc., ZeOmega Infotech Private Limited, Athenahealth, Medical Transcription Billing Corporation, Casenet LLC, Cerner Corporation, Change Healthcare, Conifer Health Solutions, eClinicalWorks, Ensocare Care, GetWellNetwork, Harris Healthcare, IBM Watson Health, Jvion AI Company, McKesson Corporation, Medecision, Meditech Inc., Netsmart LLC, NextGen Healthcare, Optum Inc., TCS Healthcare Technologies, WellSky Corp.

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What Is Covered In The Care Management Solutions Global Market Report?

•Market Size Forecast: Examine the care management solutions market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the care management solutions market for a structured understanding.
•Key Players Overview: Analyze major players in the care management solutions market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the care management solutions market.
•Segment Contributions: Evaluate how different segments drive overall growth in the care management solutions market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the care management solutions market.
•Industry Challenges: Identify potential risks and obstacles affecting the care management solutions market.
•Competitive Landscape: Review strategic developments in the care management solutions market, including expansions, agreements, and new product launches.

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