The Europe Accountable Care Solutions Market would witness market growth of 10.6% CAGR during the forecast period (2022-2028).
It is projected that a greater number of government initiatives to encourage accountable care solutions. The healthcare sector is anticipated to undergo a significant transformation in the near future because to cutting-edge technologies like the cloud computing, internet of things (IoT), big data, and artificial intelligence. The healthcare industry is under pressure to deliver efficient and prompt healthcare services to ensure its smooth operation due to the growing number of patients and hospital admissions.
The government's encouragement of healthcare practitioners and patients to use eHealth platforms is anticipated to boost. The demand for accountable care solutions is growing as a result of increased investments being made in developing smart hospitals in numerous nations. The demand for tailored healthcare and pharmaceuticals across the globe is also rising.
Additionally, expanding access to healthcare facilities in low income countries would help the market to grow globally. The way the modern healthcare industry operates is changing as a result of the information technology's integration. The accountable care solutions assist healthcare organizations in raising the standard of care, reducing costs, and enhancing the security of care delivery systems.
Healthcare industry in the region is expected to change quickly over the next few years due to ongoing technological and organizational innovation, rising incomes, improved consumer education and demand, growing information accessibility, urbanization, population ageing, the rising burden of chronic diseases, and ongoing corporate activity globalization. As a result of these changes, governments may face more pressure to fund healthcare program, regulate the health care industry, and deal with public health emergencies like disease outbreaks and medication quality scandals.
The Germany market dominated the Europe Accountable Care Solutions Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,398.3 million by 2028.The UK market is anticipated to grow at a CAGR of 9.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 11.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Accountable Care Solutions Market will Hit $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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