PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1477324
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1477324
Global accountable care solutions market is estimated to be valued at US$ 21.50 Bn in 2024 and is expected to reach US$ 42.54 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 21.50 Bn |
Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: | 10.20% | 2031 Value Projection: | US$ 42.54 Bn |
Accountable care solutions aim to improve patient care experience and lower healthcare costs by making providers accountable for care quality and costs. These solutions encompass population health management platforms, risk stratification tools, care coordination software, and medical claims data analytics among others. These allow providers to transition from fee-for-service model to value-based reimbursement by facilitating data sharing among stakeholders and streamlining care delivery processes. Accountable care organizations are increasingly adopting these digital solutions to engage patients and families, coordinate care among different care settings, reduce unnecessary hospital readmissions, and monitor clinical outcomes as these assume financial risk under new payment models.
Global accountable care solutions market growth is driven by rising healthcare costs, growing patient population, shortage of physicians, and shifting payment models from volume to value-based care. However, high costs associated with deploying these digital solutions and security concerns pertaining to data privacy are restraining the market growth. Emergence of blockchain technology to improve interoperability poses an opportunity for market expansion. Vendors are focusing on development of AI-powered predictive analytics tools and blockchain networks to better sharing of clinical data across care continuum and lower total cost of care.
This report provides in-depth analysis of the global accountable care solutions market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global accountable care solutions market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cerner Corporation, IBM Corporation, UnitedHealth Group, Aetna, Inc., Allscripts Healthcare Solutions, Inc., Epic Systems Corporation, McKesson Corporation, Verisk Health, ZeOmega, Inc., eClinicalWorks, Inc., NextGen Healthcare, Athenahealth Inc., Constellation Software Inc., Optum, Inc, COTIVITI, INC, Verisk Analytics, Inc
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global accountable care solutions market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global accountable care solutions market