This report, from Stratview Research, studies the global critical care management solutions market over the trend period of 2014 to 2017 and forecast period of 2018 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Burning Questions This Report Will Answer:
- The report asks the service providers if
- Are they are managing the right group of people?
- Are they having an impact for those people?
- Is there any variation between care teams that may help them identify and communicate the best practice?
- Is there an opportunity to change how we identify people or direct them to a different level of support that can positively impact health and program costs?
The Global Critical Care Management Solutions Market: Highlights
Patients have higher expectations on healthcare outcomes; Stakeholders in the healthcare care market have started managing a selected set of individuals to focus on reduced cost and better quality of care and these processes have been around for a long time, primarily established in the payer space. More predominantly we see this happening in the USA but other markets are also slowly picking up.
If healthcare setup needs a full care management approach, then most of the hospitals have to deploy multiple applications from multiple vendors which can be an out of budget experience for some while the complications of set up can add to frustration. It has been observed that in the markets such as the USA, most ACOs, Integrated Delivery Networks, and similar platforms can have around 20 or 30 different EMR systems, spanning across the continuum of care, from post-acute settings to skilled nursing facilities, long-term care, and more. This impacts the cost, operations and quality of care in those set-ups.
While most of the market researchers are predicting a growth of 15-17.5% CAGR for the next 5 years (2018-2023), researchers at Stratview believe that the growth will be different and will happen in 3 phases the CAGR for the next 5 years would be between 8-12% (till 2023) while beyond 2023 it will increase up to 12-15% but not more than that.
Companies such as TriZetto Corporation, Allscripts Healthcare Solutions, Inc., EXL Healthcare (U.S.), HealthSmart Holdings, Inc., Caradigm, CareEvolution, Cerner Corporation, Conifer Health Solutions, eClinicalWorks, Enli Health Intelligence, Epic Systems Corporation, Evolent Health, Geneia LLC, GSI Health LLC, Health Catalyst, HealthEC, IBM Watson Health, Lightbeam Health Solutions, Medecision, Optum, Philips Wellcentive, Inc., Salesforce.com and more are penetrating the market year on year trying to make a big change in the care management process.
Research Methodology
Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, Product portfolio, New launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
- Future outlook
The global critical care management solutions market is segmented into the following categories:
By Type of Component
By Delivery Mode
- On-Premise, Cloud-Based, Remote.
By End User
By Usage
- Hospitals – Critical Care Units, Medical Emergency Units, Ambulatory Care, Nursing Homes, Hospice, Clinic (<10 beds).
By Application
- Disease Management, Case Management, Utilization Management.
By Region
- North America (Country Analysis: the USA, Canada)
- Western Europe (Country Analysis: Germany, France, the UK)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Latin America (Country Analysis: Brazil, Argentina, Mexico, and Others)
- Rest of the World (Sub-Region Analysis: The Middle East, Africa, Rest of Europe and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our first-time clients:
Company Profiling
- SWOT analysis of key players (up to 3 players)
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research solutions across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
