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Transitional Care Management (TCM) Services Market Trends

Report ID: GMI12788
Published Date: Dec 2024
Report Format: PDF

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Transitional Care Management Services Market Trends

The market is growing due to technological advancements.
The integration of telehealth platforms enables remote monitoring and communication between healthcare providers and patients during transition phases.
Artificial intelligence (AI) and machine learning (ML) predict patient risks, optimize care plans, and customize follow-ups based on patient health profiles.
Electronic health record (EHR) systems with interoperability features allow data sharing across healthcare settings, improving care coordination and reducing duplicate processes.
Wearable medical devices and IoT-enabled sensors track patient health metrics, such as heart rate and glucose levels, providing insights for healthcare providers.
Mobile applications help with medication management, appointment scheduling, and symptom tracking, improving patient engagement and care plan adherence. These technologies improve efficiency, reduce hospital readmissions, and enhance patient experience in TCM services.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The transitional care management services industry was valued at USD 265.5 billion in 2024 and is projected to grow at a 16.5% CAGR from 2025 to 2034, driven by the increasing need for continuity of care and reduced hospital readmissions.

The patient TCM services segment led the market with USD 82.2 billion in revenue in 2024 and is expected to grow significantly due to its focus on timely follow-ups, medication management, and addressing patient concerns.

The U.S. transitional care management services market recorded USD 88.7 billion in revenue in 2024 and is expected to grow substantially, driven by the high prevalence of chronic conditions among adults.

Key players in the market include ACT Health Solutions, Advanced Care Group, Aveanna Healthcare, BridgePoint Healthcare, Brightstar Care, CareVitality, ComForCare Home Care, Genesis HealthCare, Humworld, Interim HealthCare, Medsien, and Optum.