The offsite medical case management global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Offsite Medical Case Management Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The offsite medical case management market size has grown strongly in recent years. It will grow from $5.37 billion in 2023 to $5.79 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to prevalence of chronic illnesses, growth in middle class, increased access to healthcare services, increased use of mobile devices, rise in demand for remote monitoring tools.
The offsite medical case management market size is expected to see strong growth in the next few years. It will grow to $7.97 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to growing awareness about the benefits of telehealth, various government programs and regulations, increasing diabetes, cardiovascular diseases, and respiratory ailments, growing number of older people around the world, increasing demand for off-site healthcare case management. Major trends in the forecast period include technological advancements, incorporation of ai and data analytics, technological innovations improving communication and collaboration, expansion of offsite services, product innovation.
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Scope Of Offsite Medical Case Management MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Offsite Medical Case Management Market Overview
Market Drivers -The growing adoption of healthcare information technology (IT) solutions is expected to propel the offsite medical case management market going forward. Healthcare information technology (IT) solutions encompass digital technologies and systems designed to streamline healthcare processes, enhance patient care delivery, and improve overall healthcare outcomes. Healthcare information technology (IT) solutions are motivated by the necessity to boost efficiency, elevate patient care, streamline operations, and fulfill regulatory obligations within a progressively digitized healthcare environment. With the help of various IT solutions, offsite medical case management improves the quality of care for patients by promoting better communication, coordination, and monitoring of their healthcare needs. For instance, in January 2022, according to a report published by the Healthcare Information and Management Systems Society (HIMSS), a US-based not-for-profit organization, a substantial 80% of healthcare providers had outlined plans to enhance their investments in technology and digital solutions over the next five years. Furthermore, according to statistics published by the Office of the National Coordinator for Health Information Technology (ONC), a US-based staff division of the U.S. Department of Health and Human Services (HHS), nearly 88% of U.S. office-based physicians had adopted any electronic health record (EHR) by 2021, with almost 78% having adopted a certified electronic health record (EHR). Therefore, the growing adoption of healthcare information technology (IT) solutions is driving the growth of the offsite medical case management market.
Market Trends – Major companies managing the offsite medical case management market are developing technologically advanced solutions such as remote patient monitoring to enhance patient care, improve health outcomes, and increase efficiency. RPM solutions refer to technology-based systems and services enabling healthcare providers to remotely monitor and manage patients’ health conditions outside traditional healthcare settings. For instance, in May 2022, Withings Health Solutions, a France-based medical technology company, launched a remote patient monitoring (RPM) solution to minimize friction between care teams and patients. Withings RPM has been designed to take the complexities out of remote-patient monitoring programs and make their deployment effortless for physicians and convenient, simple, and enjoyable for patients. The unique feature of the new RPM solution is its streamlined onboarding process. Patient devices can be ordered and dispatched within moments with just a few clicks. Additionally, physicians can quickly create personalized care plans and set patient-specific goals in seconds.
The offsite medical case management market covered in this report is segmented –
1) By Service: Web Based Case Management Services, Telephone Based Case Management Services
2) By Case Type: Catastrophic Case Management, Chronic Pain Case Management, Long Term Disability, Short Term Disability, Other Case Types
3) By End-User: Specialty Clinics, Homecare Settings, Long Term Care Centers, Other End-Users
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Regional Insights – North America was the largest region in the offsite medical case management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the offsite medical case management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies – Major companies operating in the offsite medical case management market are Optum Inc., Cigna Corp., Aetna Inc., Sedgwick Claims Management Services, Conduent Inc., One Call Care Management, CorVel Corporation , GENEX Services LLC, MedRisk Inc., ReedGroup Ltd. Inc., ExamWorks Group Inc., American Health Holding Inc., Allsup Inc., EK Health Services Inc., Hines & Associates Inc., Axiom Medical Consulting LLC, Rising Medical Solutions Inc., CompAlliance LLC, Prime Health Services Inc., Managed Care Advisors Inc., EagleOne Case Management Solutions Inc, Professional Case Management, Healthcare Solutions Inc, TriStar Managed Care
Table of Contents 1. Executive Summary2. Offsite Medical Case Management Market Report Structure3. Offsite Medical Case Management Market Trends And Strategies4. Offsite Medical Case Management Market – Macro Economic Scenario5. Offsite Medical Case Management Market Size And Growth…..27. Offsite Medical Case Management Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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