According to a new report, published by KBV research, The Global Accountable Care Solutions Market size is expected to reach $36.3 billion by 2028, rising at a market growth of 11.3% CAGR during the forecast period.
The Services segment is showcasing a CAGR of 11.9% during (2022 - 2028). The management of healthcare information systems is aided by a number of services provided by businesses, including consultancy, optimization, revenue cycle management, and hosting. Revenue cycle management assists patients in managing clinical and administrative tasks, which is anticipated to increase the uptake of these services.
The Web & Cloud-based segment acquired maximum revenue share in the Global Accountable Care Solutions Market by Delivery Mode in 2021 thereby, achieving a market value of $30 billion by 2028. The segment is being driven by a number of benefits provided by web- and cloud-based solutions, including cost effectiveness, better data management, and accessibility of data. Cloud-based technology also makes it possible to remotely host services & applications that can be accessed via the internet.
The Healthcare Payers segment has shown the growth rate of 12.4% during (2022 - 2028). Government and private sector initiatives are expected to increase, which will support segment expansion. Such initiatives are anticipated to raise payers' awareness of responsible care solutions are contributing to the market growth in the upcoming years.
The Population Health Management (PHM) segment is leading the Global Accountable Care Solutions Market by Type in 2021 thereby, achieving a market value of $9.1 billion by 2028. Integration of care management, patient management, EHR, and payment systems is made possible by PHM solutions, which also aid in billing. By focusing on the needs of the patient and lowering hospital readmissions, PHM solutions also assist in lowering healthcare expenditures.
The North America market dominated the Global Accountable Care Solutions Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15,409.5 million by 2028.The Europe market is exhibiting a CAGR of 10.6% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 12.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/accountable-care-solutions-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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