Market Overview:
The global healthcare payer care management workflow applications software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based solutions, rising need for integrated care management solutions, and growing focus on population health management. However, lack of standardization and interoperability issues are some of the major factors restraining the growth of this market. Based on type, the global healthcare payer care management workflow applications software market can be segmented into on-premise and cloud-based solutions. The cloud-based segment is expected to grow at a higher CAGR than the on-premise segment during the forecast period owing to its advantages such as scalability, flexibility, and cost effectiveness. Based on application, hospitals accounted for majority share in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to increasing number of hospital admissions due to rise in incidence rates of chronic diseases such as cancer and diabetes mellitus worldwide.
Product Definition:
Healthcare payer care management workflow applications software is used to manage the care of patients who are insured by a healthcare payer. This software helps to ensure that patients receive the correct treatments and services while also helping to reduce costs.
On-premise:
On-premise software is a type of cloud computing software that is installed and used on the end user's premises. The end-users can be healthcare payers, providers, or consumers. On-premise Software as a Service (SaaS) applications are gaining popularity in the healthcare industry owing to their benefits such as easy implementation and cost effectiveness among others.
Cloud-based:
Cloud-based software is a type of software that provides services over the internet. It can be used on various devices such as computers, laptops, tablets and smartphones to access data. The major advantage of using cloud-based applications is that they are easily accessible from any location in the world.
Application Insights:
The others segment held the largest share of over 30.0% in 2017 and is expected to grow at a significant rate during the forecast period. The growth can be attributed to increasing demand for effective care management solutions from public-private partnerships, home healthcare services, and other service providers across various industries such as telecommunication, retail etc. Furthermore, an increasing number of initiatives by government agencies and private companies to digitize medical records will fuel industry expansion over the forecast period.
For instance, in June 2018 CareClix launched ¢â‚¬Å“MyCareClix¢â‚¬ a cloud-based care management software solution that helps patients access information about their appointments online and through mobile applications with ease while also enabling clinics with data entry capabilities for improved patient engagement throughout the entire clinical experience. Such initiatives are further anticipated to drive industry growth over the coming years.
Regional Analysis:
North America dominated the global healthcare payer management workflow applications software market in 2017. This can be attributed to the presence of a large number of players in this region, which has resulted in higher adoption rates for these solutions. Moreover, increasing government support and rising pressure on healthcare organizations to reduce costs are also expected to drive growth during the forecast period.
The Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and growing demand for advanced IT solutions within this region. Furthermore, an increase in government initiatives aimed at reducing hospital readmissions is further expected fuel demand during the forecast period.
Growth Factors:
- Increasing demand for better healthcare services and rising awareness about the benefits of care management workflow applications software are the key growth drivers for this market.
- The increasing use of big data and analytics in the healthcare sector is also propelling the growth of this market.
- The growing trend of value-based care is also contributing to the growth of this market as it encourages payers to adopt care management workflow applications software for better patient outcomes and cost savings.
- The increasing number of mergers and acquisitions in the healthcare sector is also leading to an increase in demand for these applications software, as they help streamline operations and improve efficiency. 5)The growing popularity of cloud-based solutions among payers is another major factor driving the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Payer Care Management Workflow Applications Software Market Research Report
By Type
On-premise, Cloud-based
By Application
Hospitals, Speciality Clinics, Others
By Companies
Athenahealth, IMD, Aprima, Medsites, Boston Software Systems, Change Healthcare, Cognizant, Allscripts Healthcare, Creliant Software, KHABEERGroup, Agastha, Marketware, GlobeStar Systems, Altruista Health, Softech Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Payer Care Management Workflow Applications Software Market Report Segments:
The global Healthcare Payer Care Management Workflow Applications Software market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Speciality Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Athenahealth
- IMD
- Aprima
- Medsites
- Boston Software Systems
- Change Healthcare
- Cognizant
- Allscripts Healthcare
- Creliant Software
- KHABEERGroup
- Agastha
- Marketware
- GlobeStar Systems
- Altruista Health
- Softech Systems
Highlights of The Healthcare Payer Care Management Workflow Applications Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Hospitals
- Speciality Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Healthcare Payer Care Management Workflow Applications Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Healthcare Payer Care Management Workflow Applications Software is a software application that helps healthcare organizations manage their care processes. It includes features such as patient registration, medication management, and appointment scheduling. Healthcare Payer Care Management Workflow Applications Software can also help hospitals track expenses and performance metrics.
Some of the major players in the healthcare payer care management workflow applications software market are Athenahealth, IMD, Aprima, Medsites, Boston Software Systems, Change Healthcare, Cognizant, Allscripts Healthcare, Creliant Software, KHABEERGroup, Agastha, Marketware, GlobeStar Systems, Altruista Health, Softech Systems.
The healthcare payer care management workflow applications software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Payer Care Management Workflow Applications Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Healthcare Payer Care Management Workflow Applications Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Healthcare Payer Care Management Workflow Applications Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Healthcare Payer Care Management Workflow Applications Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Healthcare Payer Care Management Workflow Applications Software Market Size & Forecast, 2018-2028
4.5.1 Healthcare Payer Care Management Workflow Applications Software Market Size and Y-o-Y Growth
4.5.2 Healthcare Payer Care Management Workflow Applications Software Market Absolute $ Opportunity
Chapter 5 Global Healthcare Payer Care Management Workflow Applications Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Healthcare Payer Care Management Workflow Applications Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Speciality Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare Payer Care Management Workflow Applications Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Healthcare Payer Care Management Workflow Applications Software Analysis and Forecast
9.1 Introduction
9.2 North America Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Speciality Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Healthcare Payer Care Management Workflow Applications Software Analysis and Forecast
10.1 Introduction
10.2 Europe Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Speciality Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Healthcare Payer Care Management Workflow Applications Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Speciality Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Healthcare Payer Care Management Workflow Applications Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Speciality Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Healthcare Payer Care Management Workflow Applications Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Healthcare Payer Care Management Workflow Applications Software Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Speciality Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Healthcare Payer Care Management Workflow Applications Software Market: Competitive Dashboard
14.2 Global Healthcare Payer Care Management Workflow Applications Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Athenahealth
14.3.2 IMD
14.3.3 Aprima
14.3.4 Medsites
14.3.5 Boston Software Systems
14.3.6 Change Healthcare
14.3.7 Cognizant
14.3.8 Allscripts Healthcare
14.3.9 Creliant Software
14.3.10 KHABEERGroup
14.3.11 Agastha
14.3.12 Marketware
14.3.13 GlobeStar Systems
14.3.14 Altruista Health
14.3.15 Softech Systems
