The report "Accountable Care Solutions Market by Product & Service (EHR, Healthcare Analytics, HIE, RCM, CDSS, Population Health, Claims Management, Care Management), Delivery mode (On-Premise, Web & Cloud), End User (Provider & Payer) - Global Forecast to 2021", The accountable care solutions market witnessed healthy growth rate during the last decade and is expected to grow at a CAGR of 16.6% between 2016 and 2021 to reach USD 18.86 Billion by 2021. The growth in this market is mainly attributed to factors such as increasing government initiatives, implementation of initiatives to shift the burden of financial risk from payers to healthcare providers, growing need to curb healthcare costs and advancing IT and big data capabilities.
Browse 149 market data tables and 42 figures spread through 207 pages and in-depth TOC on “Accountable Care Solutions Market by Product & Service (EHR, Healthcare Analytics, HIE, RCM, CDSS, Population Health, Claims Management, Care Management), Delivery mode (On-Premise, Web & Cloud), End User (Provider & Payer) - Global Forecast to 2021”
Early buyers will receive 10% customization on reports.
The global accountable care solutions market is segmented on the basis of product and service, delivery mode, end users and regions. Based on product and service, the global accountable care solutions market is segmented into healthcare provider solutions, healthcare payer solutions and services. In 2015, healthcare provider solutions accounted for the largest share of the accountable care solutions market covers electronic health/medical records, healthcare analytics, revenue cycle management, patient engagement solutions, population health management solutions, care management solutions, healthcare it integration systems, healthcare information exchange and clinical decision support systems. This segment is also expected to witness the highest growth in the next five years. The growing need to improve the profitability of healthcare operations and government initiatives for eHealth implementation to improve the quality of care delivered to patients & curtail healthcare costs are the major drivers of market growth. The services segment is further classified into support & maintenance services, implementation services, consulting services, training & education services.
Furthermore, on the basis of end users, the market is classified into healthcare providers and healthcare payers. The healthcare providers end user segment accounted for the largest share of accountable care solutions market. The growing need to improve the profitability of healthcare operations and government initiatives to improve the quality of care delivered to patients & curtail the soaring cost of healthcare are some of the factors driving the adoption of accountable care solutions among providers.
In 2015, North America was the major market for accountable care solutions product and service, followed by Europe and Asia-Pacific. The highest market share of North America and European regions is primarily attributed to the presence and expansion of major healthcare IT companies through acquisitions which has improved the accessibility of accountable care solutions products and services in this region. However, Asia-Pacific and Latin American regions provide wide scope for the accountable care solutions market growth. This is mainly attributed to the continuous efforts of Asian economies toward the development of the healthcare sector in this region. These economies have modified regulations and monitored the implementation of procedures, policies, and guidelines to promote innovation and commercialization. This is attracting many homegrown entrepreneurs as well as global leaders to the region. The increasing number of hospitals, academic institutions, government focus to implement information technology in healthcare and improving healthcare infrastructure propel the market for accountable care solutions.
Cerner Corporation (U.S.), IBM Corporation (U.S.), Aetna, Inc. (U.S.) and Epic Systems Corporation (U.S.) held the major share of the accountable care solutions market and will continue to dominate the market between 2016 and 2021. Other major players operating in this market are UnitedHealth Group (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), ckesson Corporation (U.S.), Verisk Health (U.S.), Zeomega, Inc. (U.S.), eClinicalWorks, Inc. (U.S.) and NextGen Healthcare (U.S.).
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]