The
growth of global care management
solutions market is led by growing geriatric population, increasing demand for
quality of care and increasing government initiatives to promote
patient-centric care, increasing prevalence of chronic diseases, advancing IT
and big data capabilities and growing medical tourism. Initiatives to move the
burden of threat from healthcare payers to providers and need to reduce
healthcare cost are further expected to boost the demand of these solutions.
The fastest increase in demand of care management solutions during the forecast
period is expected to be witnessed in chronic care management segment, due to
increasing demand of improving quality of care and save time for providers. Based
on component, software segment leads the global market in terms of size, due to
technological advancement in IT solution, growth of cloud computing and
increased access of internet across the globe.
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Increasing prevalence of
chronic diseases is driving the growth of the global care management solutions
market due to increasing demand for quality of care. The prevalence of chronic
diseases, such as heart disease, cancer, stroke and respiratory disease, are increasing
due to the alteration in lifestyle and lack of access to preventive care.
According to the Centers for Disease Control and Prevention (CDC),
approximately 117 million people in the U.S. had one or more chronic health
conditions in 2012.
Care management solution is
an integrated healthcare solution that offers products and services to improve quality
of care of patients. It identifies the need of care, manage care, monitor
results and outcomes, assess patient’s needs, and establish the appropriate
care plan to support their needs. It combines analytics, data integration, and
coordination of care capabilities into a single solution.
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The key players operating in the global market are Allscripts Healthcare
solutions Inc., Cerner Corporation, Epic Corporation, Inc., Wellentive Inc.,
I2I System Inc, and IBM Corporation.
