Care Management Solutions Market Size

Care Management Solutions Market Size

Care Management Solutions Market size was valued at around USD 13.8 billion in 2023 and is estimated to grow at a 13.7% CAGR from 2024 to 2032. Care management solutions refer to a set of coordinated activities, services, and technologies designed to manage and improve the healthcare of patients, particularly those with chronic conditions or complex healthcare needs. These solutions aim to enhance patient outcomes, optimize the use of healthcare resources, and reduce costs by ensuring that patients receive timely, appropriate, and effective care.

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The integration of artificial intelligence and big data in healthcare drives demand for care management solutions by improving clinician support and addressing critical challenges, thus advancing healthcare delivery. For instance, in August 2023, Microsoft and Epic Systems Corporation expanded their AI collaboration to integrate generative AI technologies into the Epic EHR system. This partnership leverages Microsoft’s AI and cloud capabilities with Epic’s healthcare expertise to address critical challenges like workforce burnout and staffing shortages, enhancing clinician support and improving healthcare delivery. This collaboration demonstrates how AI and big data are revolutionizing healthcare management, emphasizing the essential role of advanced technologies in boosting clinician support and enhancing overall healthcare efficiency and outcomes.
 

Further, the shift towards value-based care, growth in the geriatric population, and rising adoption of patient-centric care among healthcare providers also fuel market expansion.