Value Based Care Payment Market Set to Reach $4.6 Billion by 2029 with 10.3% Yearly Growth

How Are the key drivers contributing to the expansion of the value based care payment market?
The value-based care payment market is predicted to see substantial growth due to rapid advancements in value-based health care services. Unnecessary health costs and the healthcare cost curve have experienced a significant reduction by an average of 5.6% thanks to these services. UnitedHealth has anticipated that its payments to medical care providers, totaling $75 billion, will be directly linked to value-based care relationships. Concurrently, the number of Accountable Care Organizations (ACO) is on the rise, providing broader coverage and security. It was highlighted in the Journal of Health Affairs analysis that over 1,000 ACOs are distributed throughout the USA. These organizations represent over 1,400 contracts with government and commercial insurers, providing coverage to over 32 million Americans. Therefore, the rapid increase in value-based health care services is pushing the demand for the value-based care payment market. This increase is achieved by enhancing the utilization of services given to customers who focus on the value-based care model rather than the fee-for-service model.

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What growth opportunities are expected to drive the value based care payment market's CAGR through 2034?
The market size for value based care payment has experienced significant growth in the past few years. The market's value is projected to increase from $2.78 billion in 2024 to $3.11 billion in 2025, with a compound annual growth rate (CAGR) of 11.8%. This growth during the historical period can be credited to robust economic development in emerging markets, an increase in healthcare spending, extensive use of digital healthcare structures, and swift advancements in value-based healthcare services.

The market size for value based care payment is predicted to undergo significant growth in the upcoming years, inflating to a substantial $4.6 billion in 2029 with a compound annual growth rate (CAGR) of 10.3%. Such growth in the projection period is influenced by factors like the escalating elderly population, burgeoning middle-class in developing markets, and an increased occurrence of chronic diseases. The primary trends to be noted in the forecast period encompass the adoption of low-code platforms for value-based care, strategic business combinations and acquisitions, execution of an ideal care coordination strategy, the use of remote patient monitoring as a billable initiative for value-based care, and an increase in bundle payments.

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What trends are poised to drive the future success of the value based care payment market?
Prominent companies in the market are progressively favoring mergers and partnerships to broaden their reach and stimulate the growth of the value-based care payment sector. The tactical unification and collaborations adopted by the companies in this market help them gain a technological edge by incorporating the technology that gives them a competitive advantage. For example, CVS Health, a healthcare firm from the United States, acquired Signify Health in March 2023, for an unknown sum. The combined entity will concentrate on enhancing care delivery mechanisms, reducing expenses, heightening engagement levels, and facilitating wide access to high-quality care, particularly for Medicare Advantage consumers. Signify Health, based in the US, provides value-based care payment solutions.

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

1) By Model: Accountable Care Organization (ACO), Bundled Payments, Patient-Centered Medical Home (PCMH), Pay For Performance (P4P)
2) By Deployment Type: Cloud Based, On-Premise
3) By End User: Providers, Payer

Subsegments:
1) By Accountable Care Organization (Aco): Medicare Acos, Commercial Acos, Medicaid Acos
2) By Bundled Payments: Single Episode Of Care, Multi-Episode Care, Condition-Specific Bundles
3) ByPatient-Centered Medical Home (Pcmh): Level 1 Pcmh, Level 2 Pcmh, Level 3 Pcmh
4) By Pay For Performance (P4p): Hospital-Based P4p Programs, Physician-Based P4p Programs, Specialty-Based P4p Programs

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What regions are leading the charge in the value based care payment market?
North America was the largest region in the value-based care payment market in 2024. Western Europe was the second largest region in value-based care payment market share. The regions covered in the value based care payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What companies are at the forefront of innovation in the value based care payment market?
Major companies operating in the value based care payment market include McKesson Corporation, Change Healthcare, Premier Inc, NextGen Healthcare Inc., FinThrive, Inc., Unitedhealth Group Inc., Edifecs, Nuna Inc., OM1, Relias, JD Health, Alibaba Health Information Technology Ltd, Ping An Healthcare And Technology Co. Ltd., Tencent Holdings Ltd, Wedoctor Holdings (Zhejiang) Co. Ltd., Huma, Cera, Lumeon, Helios Gesundheit, Doctorlink, Cigna, GE Healthcare, Siemens Medical Solutions USA, Inc., Etyon Health, Fresenius Medical Care, Medtronic PLC, 3M Healthcare Service Group, F. Hoffmann-La Roche AG, Dickinson And Company, Acelity L.P., Dupatri, Vibe Saúde, Butterfly, Plim, Guepardo Sistemas, Afya Ltd, Glic, Iclinic Desenvolvimento De Software Ltda, Glucare Integrated Diabetes Center, Clalit Health Services, Nextstep People Solutions, Athena Health

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What Is Covered In The Value Based Care Payment Global Market Report?

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

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