The Asia Pacific Accountable Care Solutions Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
The coordination and communication between patients and providers can be improved by using a variety of accountable care products & services. The governments of various nations attempt to digitalize and outfit hospitals with cutting-edge technologies.
Moreover, the accountable care organizations (ACOs) will have to put in place a variety of internal systems and technologies that have a huge potential to improve public health, like data openness agreements, standard cost and quality indicators, a patient-centered emphasis, adequate HIT systems, and the ability to handle population health data.
ACOs would be one of the first disbursement reform initiatives to be deployed under health reform, so there are a lot of stakes in determining not only whether they fulfil their promise to lower costs and improve quality, but also, more broadly, whether they can become an effective tool in public health practice by focusing on the consumer, being transparent with information, and using data for population-based health initiatives.
One of the world's fastest-growing ageing populations is in China. Due to rising life expectancy and falling birth rates, 28% of China's population is expected to be over 60 by 2040. For public health & socioeconomic development, this profound demographic shift creates a number of new challenges and opportunities. Of particular importance is the creation of an integrated system that meets the social and health needs of older people while ensuring that everyone has access to healthcare, regardless of location.
The China market dominated the Asia Pacific Accountable Care Solutions Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,303.1 million by 2028.The Japan market is estimated to grow at a CAGR of 11.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.2% during (2022 - 2028).
Based on Component, the market is segmented into Software and Services. Based on Delivery Mode, the market is segmented into Web & Cloud-based and On-premises. Based on End-user, the market is segmented into Healthcare Providers and Healthcare Payers. Based on Type, the market is segmented into Population Health Management (PHM), Patient Engagement, Claims Management, Revenue Cycle Management, Electronic Health/Medical Records, Healthcare Analytics, Healthcare Information Exchange (HIE) and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Accountable Care Solutions Market is Projected to reach USD 36.3 Billion by 2028, at a CAGR of 11.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation (Cerner Corporation), IBM Corporation, UnitedHealth Group, Inc. (Optum, Inc.), AllScripts Healthcare Solutions, Inc., McKesson Corporation, Verisk Analytics, Inc., Aetna, Inc. (CVS Pharmacy, Inc.), eClinicalWorks LLC, Zeomega, Inc., and Epic Systems Corporation.
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