Accountable Care Solutions Market by Key Players Analysis and Forecast 2024

There is growing importance in the possibility for accountable health care to contain costs while promising patient-centered affordable care. Growing need to abide by regulatory guidelines, high return on investment, government initiatives for eHealth, and the need to restrain increasing health care costs are some of the key factors driving the accountable care solutions market. However, hesitancy among end-users to adopt new procedures and lack of in-house IT familiarity are factors likely to hamper the growth of the market. Additionally, reluctance among providers to adopt to these solutions, requirement of infrastructural investments, inadequate patient engagement, low usage of Internet solutions, lack of interoperability, and data security concerns related to cloud-based solutions are other factors restraining the accountable care solutions market.

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Based on component, the accountable care solutions market can be segmented into hardware, software, and services. In terms of deployment, the market can be segmented into on-premise, cloud-based, and web-based solutions. Based on end-user, the accountable care solutions market can be segmented into health care payers and health care providers.

The ability to rapidly access computing and storage resources when needed without the need for a large technical staff is an important factor encouraging the uptake of accountable care solutions. Gradually, health care is molded and critically compressed by software and information technology that surrounds and supports the industry.

Geographically, the market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds major share of the global accountable care solutions market, followed by Europe and Asia Pacific. However, Latin America and Asia Pacific hold lucrative growth potential in the accountable care solutions market due to rising prevalence of various disorders, extensive customer base, rising medical tourism, increasing government initiatives for eHealth, growing demand for quality health care, and large base of aging population in the region. Most of the accountable care solutions products and services in these regions are driven by developing countries such as Singapore, China, India, Mexico, Brazil, and South Korea.

Key players operating in the accountable care solutions market are Aetna, Inc., Allscripts Healthcare Solutions, Cerner Corporation, eClinicalWorks, Inc., Epic Systems Corporation, IBM Corporation, McKesson Corporation, NextGen Healthcare, Optum, Inc., UnitedHealth Group, Inc., Verisk Health, and Zeomega, Inc. The companies in this market are adopting various strategies such as partnerships, collaboration, mergers and acquisitions, expansion, product enhancements and product deployment to proliferate their share and create a strong position in the global accountable care solutions market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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