Global Accountable Care Solutions Market, By Product and Services (Healthcare Provider Solutions, Healthcare Payer Solutions, Services), Delivery Mode (Web and Cloud-Based, On-Premise), End User (Healthcare Providers, Healthcare Payers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The accountable care solutions market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 33,580.75 million by 2028 and is expected to grow at a CAGR of 16.88% in the above mentioned forecast period.
Accountable care solutions are primarily responsible for managing the quality and cost of healthcare. The aim of accountable services is to coordinate and deliver advanced quality of health care from physicians to hospitals to other clinicians.
The rapid implementation of government regulations and initiatives to promote patient-centric care is amongst the significant factors expected to fuel the growth and demand of accountable care solutions market. In addition, the increase in the number of accountable care organizations and implementation of incentives to shift the burden of risk from healthcare payers to providers are also anticipated to push the growth in the global accountable care solutions market over the forecast period of 2021 to 2028. Likewise, the advancing IT and big data capabilities and rise in prevalence of various disorders are also projected to lift the growth of the market. Furthermore, the rise in geriatric population and high growth in the burden of chronic diseases are also expected to act as significant factors which will flourish the growth of the accountable care solutions market.
The rise in focus on value-based medicine and high adoption of cloud-based models are expected to offer significant growth opportunities for the accountable care solutions market in the forecast period of 2021 to 2028.
However, the lack of interoperability, data security concerns and high investments required for supporting infrastructure are estimated to limit the growth of the accountable care solutions market, whereas, the lower reimbursement rates within the value-based care model and disinclination of providers to adopt accountable care solutions can challenge the growth of the accountable care solutions market.
This accountable care solutions market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the accountable care solutions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Accountable Care Solutions Market Scope and Market Size
The accountable care solutions market is segmented on the basis of product and services, delivery mode and end users. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
The product segment of the accountable care solutions market is segmented into healthcare provider solutions, healthcare payer solutions and services. Healthcare provider solutions have further been segmented into electronic health/medical records, healthcare analytics, revenue cycle management solutions (RCM), patient engagement solutions, population health management (PHM) solutions, care management solutions, HCIT integration systems, healthcare information exchange (HIE) and clinical decision support systems (CDSS). Healthcare payer solutions have further been segmented into claims management solutions, payment management solutions, provider network management solutions and other payer solutions. Services have further been segmented into Support and maintenance services, implementation services, consulting services and training and education services.
- On the basis of delivery mode, the accountable care solutions market is segmented into web and cloud-based and on-premise.
- On the basis of end users, the accountable care solutions market is segmented into healthcare providers and healthcare payers.
Accountable Care Solutions Market Country Level Analysis
The accountable care solutions market is analyzed and market size insights and trends are provided by country, product and services, delivery mode and end users as referenced above.
The countries covered in the accountable care solutions market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the accountable care solutions market owing to the rapid technological advancements, increase in requirement of management of big data generated from hospitals and other healthcare facilities. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rise in prevalence of various disorders, extensive customer base and increase in medical tourism.
The country section of the accountable care solutions market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The accountable care solutions market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for accountable care solutions market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the accountable care solutions market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Accountable Care Solutions Market Share Analysis
The accountable care solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to accountable care solutions market.
The major players covered in the accountable care solutions market report are Cerner Corporation, IBM, Aetna Inc., Allscripts Healthcare, LLC, UnitedHealth Group, ZeOmega, Eclinicalworks, NXGN Management, LLC, Optum, Inc., Ayoka, L.L.C., McKesson Corporation, and Epic Systems Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.