The rise of big data has a bought a paradigm shift in medical technology. Patient-centric care and the rising need to cover medical expenses is integrating and enabling the growth of global care management solutions. Care management solutions helps healthcare providers to help in better decision making. Payers, government bodies, employer groups mostly use care management solutions to address further needs.
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The major driving factors for global care management solution market are summed as initiatives to promote patient-centric care, shifting the burden of risk from healthcare payers to providers, rising geriatric population suffering from chronic diseases, urge to reduce healthcare costs, rise in medical tourism and developed IT infrastructure. However, internet connectivity issues in remote areas are a major hurdle for companies in care management solution.
Care management solutions work greatly where chronic diseases need to be served massively. With world-wide spread of chronic diseases like cancer, diabetes, stroke, cardiovascular disease and respiratory disease, care management solution is an effective alternative. Hence, there are lucrative opportunities for care management in chronic disease market.
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On the basis of component, the global care management solution market is segmented into software and services. The services sector is bifurcated into consulting services, implementation services, training and education services, post-sale and maintenance services.
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The key players in the in the care management solutions market worldwide include i2i Systems, Inc., Allscripts Healthcare Solutions, Inc., TriZetto Corporation, Phytel Inc., EXL Healthcare, AxisPoint Health, Wellcentive, Inc., Medecision, Inc., ZeOmega Inc., HealthSmart Holdings, Inc., Epic Corporation Inc., Pegasystems Inc., and Harmony Information Systems, Inc.
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