The North America Clinical Risk Grouping Solution Market would witness market growth of 12.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Clinical Risk Grouping Solution Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $489.8 million by 2031. The Canada market is experiencing a CAGR of 14.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 13.9% during (2024 - 2031).
A clinical risk grouping solution is a healthcare technology tool designed to categorize or "group" patients based on their risk of experiencing certain health outcomes, such as complications, hospitalizations, or the progression of chronic diseases.
Additionally, these solutions use various data inputs, including electronic health records (EHRs), claims data, demographic information, and sometimes social determinants of health, to analyze and stratify patients according to their risk levels.
North American healthcare providers are increasingly adopting these solutions to enhance patient outcomes, reduce healthcare costs, and comply with government regulations. Furthermore, the growing incidence of chronic diseases in the United States is a significant factor that is driving the demand for clinical risk classification systems. According to the Centers for Disease Control and Prevention (CDC), chronic disease affects 6 in 10 adults in the US, while 4 in 10 adults live with multiple chronic diseases. Chronic diseases represent one of the nation’s leading causes of disability and drivers of the nation’s $4.1 trillion in annual healthcare spending.
Free Valuable Insights: The Clinical Risk Grouping Solution Market is Predict to reach USD 1.7 Billion by 2031, at a CAGR of 12.9%
Based on Product, the market is segmented into Software and Services. Based on End-use, the market is segmented into Hospitals & Clinics, Ambulatory Surgical Centers, Long Term Care Centers, and Other. Based on Deployment, the market is segmented into Private Cloud, Public Cloud, and Hybrid Cloud. Based on Application, the market is segmented into Population Health Management, Chronic Disease Management, Clinical Decision Support, Fraud Detection and Prevention, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Product
By End-use
By Deployment
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