Accountable Care Solutions Market Expected to Achieve 13.8% CAGR by 2029: Growth Forecast Insights

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How Large Will the Accountable Care Solutions Market Size By 2025?
The market size for accountable care solutions has experienced swift expansion in the last few years. Its value is projected to increase from $25.42 billion in 2024 to $29.03 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 14.2%. The impressive growth in the past period is due to factors such as escalating healthcare costs, the growing implementation of solutions focused on patient care, increasing utilization of patient engagement tools, a surge in the demand for healthcare analytics, and a rise in the adoption of accountable care solutions by healthcare institutions.

How Big Is the Accountable Care Solutions Market Size Expected to Grow by 2029?
Experts predict a swift expansion in the accountable care solutions market size in the forthcoming years, with its worth anticipated to reach approximately $48.77 billion by 2029, presenting a compound annual growth rate (CAGR) of 13.8%. This growth within the projected timeline can be ascribed to the surge in adoption of value-centric care, expansion in population health management, rising stress on population health, growing consumer demand for enhanced care, and the proliferating adoption of consolidated care models. The forecast period is expected to witness key trends like the increased adoption of value-biased care, heightened adoption of cloud-based platforms, amplified focus on patient engagement, embracing patient-orientated solutions, and advancements in remote patient surveillance.

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Which Key Market Drivers Powering Accountable Care Solutions Market Expansion and Growth?
The anticipated rise in chronic disease rates is predicted to stimulate the growth of the accountable care market. Chronic diseases, which last more than a year and typically require ongoing care while impacting daily life, are becoming increasingly prevalent due to an aging population, increased lifespan, and a rise in conditions such as heart disease and diabetes. Accountable care solutions support the management of chronic diseases by improving patient care, enhancing results, and reducing costs with coordinated and preventive strategies. For instance, the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, estimated in January 2023 that by 2035, at least one chronic illness would impact 35.66% of adults aged 50 and above, a figure expected to surge to 47.81% by 2050. As a result, the growth of the accountable care market is being fuelled by the escalating prevalence of chronic diseases.

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Which Fast-Growing Trends Are Poised to Disrupt the Accountable Care Solutions Market?
Leading businesses in the accountable care solutions market are creating models based on artificial intelligence (AI) to provide customers with superior healthcare options. These sophisticated AI-powered models use top-tier algorithms and technologies for enhancing healthcare delivery, performance, and efficiency. The main goal of these models is to bolster patient care, streamline resource distribution, and establish cost-effective management using advanced algorithms and data analytics. For instance, in April 2024, Innovaccer, a digital healthcare firm based in the US, introduced an AI-backed quality management solution. This solution is geared towards assisting accountable care organizations (ACOs) with the new electronic clinical quality measures (eCQMs) reporting regulations put in place by the Centers for Medicare & Medicaid Services (CMS) for 2025. The significant characteristics of this solution comprise AI-boosted predictive models for gap closure and patient outreach optimization, superior analytics and reporting features for effective eCQMs and merit-based incentive payment system clinical quality measures (MIPS CQMs) processing, and flawless data circulation via optimized worklist management.

What Are the Emerging Segments in the Accountable Care Solutions Market?
The accountable care solutionsmarket covered in this report is segmented -

1) By Component: Software, Services
2) By Solutions: Electronic Health Or Medical Records, Healthcare Analytics, Revenue Cycle Management Solutions (RCM), Patient Engagement Solutions, Population Health Management (PHM) Solutions, Claims Management Solutions, Healthcare Information Exchange (HIE), Other Solutions
3) By Deployment: On-Premise, Web And Cloud-Based
4) By End-User: Healthcare Providers, Healthcare Payers

Subsegments:
1) By Software: Population Health Management (PHM) Software, Electronic Health/Medical Records (EHR/EMR) Software, Care Management Software, Health Information Exchange (HIE) Software, Revenue Cycle Management (RCM) Software, Clinical Decision Support Systems (CDSS), Claims Management Software, Patient Engagement Software
2) By Services: Implementation Services, Consulting Services, Support & Maintenance Services, Training & Education Services, Managed Services, Analytics and Reporting Services.

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Who Are the Global Leaders in the Accountable Care Solutions Market?
Major companies operating in the accountable care solutions market are UnitedHealth Group, McKesson Corporation, Optum Inc., Oracle Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., GE Healthcare, Infosys Limited, Change Healthcare, Aetna Inc., Athenahealth Inc., Lumeris, Inovalon Holdings Inc., eClinicalWorks LLC, NXGN Management LLC, Health Catalyst, Innovaccer Inc., ZeOmega Inc., MedeAnalytics Inc., HealthEC LLC, Azara Healthcare LLC, ISalus Healthcare LLC, Ayoka L.L.C.

Which are the Top Profitable Regional Markets for the Accountable Care Solutions Industry?
North America was the largest region in the accountable care solutions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the accountable care solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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