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Accountable Care Solutions Market

Accountable Care Solutions Market

Accountable Care Solutions Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

149

Base Year:

2022

Date

Jun - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1691

Segments Covered
  • By Product & Service By Product & Service Healthcare Provider Solutions, Healthcare Payer Solutions, Services
  • By Delivery Mode By Delivery Mode Web & Cloud-Based Delivery Mode, On-Premise Delivery Mode
  • By End Users By End Users Healthcare Providers, Healthcare Payers
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 19.75 Million
Revenue 2030Revenue 2030: USD 65.65 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 16.20%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Accountable Care Solutions Market Share

Market Synopsis:

The Global Accountable Care Solutions Market is valued at USD 19.75 Million in the year 2022 and is forecasted to reach a value of USD 65.65 Million by the year 2030. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 16.20% over the forecast period.

Accountable Care Solutions help in obtaining electronic health record (EHR) data and letting healthcare practitioners to use their present systems and procedures. The Accountable Care Solutions Market is likely to benefit from a rise in the number of ACOs providing high-quality care at a lower cost. The bulk of healthcare providers and payers are migrating from volume to value-based treatment, which has resulted in significant changes in healthcare payment models. The key driver of the Global Accountable Care Solutions Market is the increasing adoption of digital and sophisticated technologies across the global healthcare industry because of increased demand to provide efficient and cost-effective care.

Accountable Care Solutions Market Size, 2022 To 2030 (USD Million)

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Furthermore, the integration of information technology with the modern healthcare sector is transforming how the industry operates. The Accountable Care Solutions assist healthcare organizations in improving care quality, increasing cost-effectiveness, and improving the safety of care delivery systems. The use of various responsible care products and services can improve communication and coordination between patients and providers. Also, the growing number of governments attempts to digitalize and equip hospitals with new technologies has strengthened the global demand for responsible carte solutions.

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Even though several value-based care delivery models are now being adopted by stakeholders, accountable care has shown to be the most effective technique to date. The government's support of healthcare professionals and patients to use eHealth platforms is projected to boost market growth. The growing need for responsible care solutions is being fueled by increased investments in the development of smart hospitals in various nations.

Market Segmentation:

The Accountable Care Solutions Market is segmented based on Product & Service, Delivery Mode, End Users and Region. Based on Product & Service, the market is further sub-segmented as Healthcare Provider Solutions, Healthcare Payer Solutions and Services. Based on Delivery Mode, market is further sub-segmented as Web & Cloud-Based Delivery Mode and On-Premises Delivery Mode. Based on End Users, the market is sub segmented as Healthcare Providers and Healthcare Payer.

Based on Product & Service:

Based on Product & Service, the market is further sub-segmented as Healthcare Provider Solutions, Healthcare Payer Solutions and Services. The Healthcare Provider Solutions holds the largest share in the market during the forecast period. The rising demand for various provider solutions such as Electronic Health Records, Healthcare Analytics, Care Management Solutions, and Patient Engagement Tools might be attributable to this. Furthermore, increased government and business investments in digitalizing hospitals have supported this segment's growth in recent years. The growing number of patients and hospital admissions around the world is expected to fuel this segment's growth.

Based on Delivery Mode:

Based on Delivery Mode, the market is sub segmented as Web & Cloud-Based Delivery Mode and On-Premises Delivery Mode. The Web & Cloud-Based Delivery Mode segment is anticipated to grow at the highest rate during the forecast period. The rise of this category has been fueled by the rising demand for cloud and web-based technologies among hospitals, owing to many benefits such as affordability, easy data storage, data transfer, easy access to data, and easy data management.

North America is Projected to Grow at the Highest CAGR During the Forecast Period

North America is accounted to grow at the highest Compound Annual Growth Rate (CAGR) during the forecast period. The market has grown due to the rising usage of automation and advanced digital solutions across healthcare units in North America. Increased disease burdens, a growing senior population, and rising healthcare costs, combined with a growing demand for efficient and high-quality care services, have fueled demand for Accountable Care Solutions in North America. Asia Pacific is expected to be the fastest expanding market. A huge population, a growth in the number of older persons, and rising government investment in improved health infrastructure development characterize Asia Pacific.

Competitive Landscape:

The key players in the Global Accountable Care Solutions Market include- Cerner Corporation (US), IBM Corporation (US), UnitedHealth Group (US), Aetna Inc. (US), Allscripts Healthcare Solutions Inc. (US), Epic Systems Corporation (US), McKesson Corporation (US), Verisk Health (US), ZeOmega Inc. (US), eClinicalWorks Inc. (US), NextGen Healthcare (US) and others.

Segmentation of the Global Accountable Care Solutions Market:

Parameter Details
Segments Covered

By Product & Service

  • Healthcare Provider Solutions
  • Healthcare Payer Solutions
  • Services

By Delivery Mode

  • Web & Cloud-Based Delivery Mode
  • On-Premise Delivery Mode

By End Users

  • Healthcare Providers
  • Healthcare Payers

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Cerner Corporation (US)
  • IBM Corporation (US)
  • UnitedHealth Group (US)
  • Aetna Inc. (US)
  • Allscripts Healthcare Solutions Inc. (US)
  • Epic Systems Corporation (US)
  • McKesson Corporation (US)
  • Verisk Health (US)
  • ZeOmega Inc. (US)
  • eClinicalWorks Inc. (US)
  • NextGen Healthcare (US)
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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FAQ
Frequently Asked Question
  • The global Accountable Care Solutions valued at USD 19.75 Million in 2022 and is expected to reach USD 65.65 Million in 2030 growing at a CAGR of 16.20%.

  • The prominent players in the market are Cerner Corporation (US), IBM Corporation (US), UnitedHealth Group (US), Aetna Inc. (US), Allscripts Healthcare Solutions Inc. (US), Epic Systems Corporation (US), McKesson Corporation (US), Verisk Health (US), ZeOmega Inc. (US), eClinicalWorks Inc. (US), NextGen Healthcare (US).

  • The market is project to grow at a CAGR of 16.20% between 2023 and 2030.

  • The driving factors of the Accountable Care Solutions include

    • Implementation of Government Regulations and Initiatives to Promote Patient-Centric Care

  • North America was the leading regional segment of the Accountable Care Solutions in 2022.