Market Highlights:
The Global
Medical Case Management Market held a market value of USD 4,379.3 million
in 2017 and is projected to grow at a CAGR of 4.3% over the forecast period.
Medical case management is a collective process that allows recommended
treatment plans to ensure suitable medical care is offered to disabled, ill or
injured individuals. These services are provided under the direction of, or by
referral from a clinical provider and encompass client-centered services that
implement the clinical treatment plan, including linking clients with
healthcare, psychosocial, and other services. Case management helps in
controlling costs and improving the quality of health and social service
delivery. Few of the major market growth factors are the presence of government
initiatives & regulations to promote patient-centric care, rising
initiatives to shift the burden of risk from healthcare payers to providers,
growing need to curtail healthcare-associated costs, increasing need for
improved quality of care, and booming healthcare IT sector.
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Regional Analysis:
The Global Medical Case Management Market has been segmented
by region into the Americas, Europe, Asia-Pacific, and the Middle East &
Africa. On the basis of region, the Americas is expected to dominate the global
medical case management market. This is due to changing shift towards curbing
of healthcare costs, the presence of associations, namely, the American Case
Management Association (ACMA), Commission for Case Manager Certification
(CCMC), American Association of Healthcare Administrative Management (AAHAM),
and large number of major market value contributors headquartered in the
region.
Europe will follow Americas in terms of value during the
forecast period attributed to rising prevalence of chronic diseases along with
rising adoption of medical case management for long-term and acute medical care
in the region. For instance, According to European Heart Network, 9 out of 10
people die from the chronic disease in Europe and the region is paying heavy
price for chronic diseases. Chronic diseases are the leading cause of mortality
in Europe, representing 77.0% of the total disease burden and 86.0% of all
deaths.
The market in Asia-Pacific is anticipated to exhibit
comparatively higher CAGR during the forecast period owing to growing
population in India and China, and growing partnerships between healthcare
insurance providers and medical services providers. Personal medical case
management (PMCM) is currently helping to bridge the gaps in healthcare,
thereby expected to nurture the market growth.
The Middle East & Africa has the least share of the
global medical case management market. Additionally, the major market share of
the region would be held by the Middle East region due to improving quality
healthcare in the Middle East.
Segmentation:
The Global Medical Case Management Market has been mainly
segmented into mode type, case type, and end user.
By mode type, the market has been divided into web-based
case management, telephonic case management, field case management, bilingual
field case management, and others. On the basis of case type, the market has
been segmented into chronic pain case management, catastrophic case management,
independent medical examinations, short-term disability, long-term disability, and
others. Based on end user, the market has been categorized into hospitals, home
care settings, and others.
Key Players:
Some of the major players in the global medical case
management market are Medical Case Management Group, Axiom Medical Consulting, LLC,
Genex Services, LLC, EK Health, Inc., EagleOne Case Management Solutions, Inc.,
Europ Assistance - Global Corporate Solutions, Managed Medical Review
Organization, Inc., CompAlliance, Prime Health Services, Inc., Sierra Nevada
Administrators, GMMI, Inc., and Global Excel Management Inc.
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