(EMAILWIRE.COM, February 13, 2019 ) Factors such as the implementation of initiatives to shift the burden of risk from healthcare payers to providers, government initiatives and regulations promoting patient-centric care, initiatives to promote healthcare IT, rising geriatric population, and need to reduce healthcare costs are driving the growth of the Care Management Solutions Market.

Research Methodology:

Top-down and bottom-up approaches were used to validate the size of the global care management solutions market and estimate the size of other dependent submarkets.

Various secondary sources such as associations like the American Case Management Association (ACMA), American Association of Healthcare Administrative Management (AAHAM), Commission for Case Manager Certification (CCMC), American Association of Managed Care Nurses (AAMCN), Case Management Society of Australia and New Zealand (CMSA), Institute for Health Technology Transformation (iHT2), Healthcare Information and Management Systems Society (HIMSS), directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market.

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Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess the dynamics of this market.

The geographic segments in this report include North America, Europe, Asia, and the Rest of the World. Of these, the North American market is expected to account for the largest share of the market in 2018. The large share of North America can be attributed to the shift of the risk burden from healthcare payers to providers; patient-centric mandates; and the need to improve quality of care and curb healthcare costs in Canada. Additionally, several major global players are based in the US, which has made the country a center for innovation in the care management solutions market.

Europe is expected to grow at the highest CAGR during the forecast period (2018–2023). The efforts made by the governments of European nations such as the UK, Germany, France, Italy, and Spain to promote care coordination and quality of healthcare and reforms to curb healthcare costs by integrating HCIT solutions into healthcare are driving the growth in the forecast period.

However, the lack of interoperability, the high cost of deployment, and the increased instances of data breaches are some of the factors restraining the overall growth of this market.

EXL Service Holdings, Inc. (US), Casenet, LLC (US), Medecision Inc. (US), ZeOmega Inc. (US), Cognizant Technology Solutions (US), Cerner Corporation (US), Allscripts Healthcare Solutions, Inc. (US), and TCS Healthcare Technologies (US), are the key players in the care management solutions market.

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Other players involved in this market are Koninklijke Philips N.V. (Netherlands), IBM Corporation (US), Health Catalyst Inc. (US), Harmony Information Systems, Inc. (US), Salesforce.com, Inc. (US), i2i Systems, Inc. (US), Pegasystems Inc. (US), and Epic Corporation Inc. (US).

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