Global Offsite Medical Case Management Market: Overview
This report on offsite medical case management market analyzes the current and future scenario of the global market. Rise in geriatric population that requires offsite medical case management to diagnose and treat their afflictions, increase in prevalence of chronic diseases and injuries, and technological advancement are the major factors driving the global offsite medical case management market.
The report on offsite medical case management market comprises an elaborate executive summary, including a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to segments based on service type, case type, end-user, and region. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the market overview section. Additionally, the section comprises competitive matrix and company profiles with business overview to understand the competitive landscape of the market. It also provides market attractiveness analysis based on geography and market share analysis in terms of key players, thus presenting a thorough analysis of the overall competitive scenario of the global offsite medical case management market.
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Global Offsite Medical Case Management Market: Key Segments
The global offsite medical case management market has been segmented based on service type, case type, end-user, and region. In terms of service type, the market has been classified into web-based case management service and telephonic case management service. The telephonic case management service segment is expected to lead the market during the forecast period. Telephonic case management is a quick service. In terms of case type, the global offsite medical case management market has been divided into independent medical examinations, catastrophic case management, chronic pain case management, long-term disability, short-term disability, and others. The chronic pain case management segment dominates the market due to the high demand for chronic pain case management techniques. Based on end-user, the global offsite medical case management market has been classified into specialty clinics, home care settings, long-term care centers, and others. The long-term care centers segment is expected to lead the global market during the forecast period, as these centers are highly preferred for offsite medical case management due to availability of latest technologies for quick and accurate diagnosis. Market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGR for the forecast period from 2018 to 2026, considering 2017 as the base year.
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Global Offsite Medical Case Management Market: Regional Outlook
In terms of region, the global offsite medical case management market has been categorized into five major regions and key countries in these regions, such as, North America (the U.S., Canada), Europe (the U.K., Germany, France, Spain, Italy, Russia, and Rest of Europe), Asia Pacific (India, Japan, China, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (South Africa, Israel, GCC countries, and Rest of Middle East & Africa). Market size and forecast for each of these regions and countries have been provided for the period from 2016 to 2026, along with their respective CAGR for the forecast period from 2018 to 2026, considering 2017 as the base year. The report also covers competitive scenario of these regions.
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Companies Mentioned in the Report
The report profiles major players operating in the global offsite medical case management market based on various attributes, such as, company overview, financial overview, service portfolio, business strategies, and recent developments. Players mentioned in the report are GENEX Services Inc., Europ Assistance - Global Corporate Solutions, Medical Case Management Group, EK Health Services Inc., EagleOne Case Management Solutions, Inc., Axiom Medical Consulting, LLC, Healthcare Solutions Inc., Managed Medical Review Organization Inc., NaphCare, Inc., and Optum.
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According to Research Report Insights (RRI) report, the global market for medical case management services is expected to expand at 3% CAGR over the forecast period (2015 - 2021).
Medical case management services provide cost effective healthcare management solutions. Such services provide offer alternatives treatment modules for patients to choose the most suitable and affordable medical plan offered by healthcare providers and also makes sure that patients are given proper and timely medical care at a particular healthcare center. In 2014, the global market for medical case management service was valued at US$ 4,200 Million. The market is anticipated to witness a 3% CAGR during the forecast period. Factors such as rising healthcare expenditure in both public and private organization, higher occurrence of various disease and increasing global population are expected to influence the demand for medical case management services. In addition, increasing disorders of longevity is boosting the demand for advanced medical services and products.
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On the basis of services, the global market for medical case management services is segmented into telephonic case management service, web-based case management service, bilingual field case management service, field case management service and other healthcare services. The telephone case management service management is the largest segment, closely followed by based case management services. However, the demand bilingual field case management service is expected to grow in the near future owing to the recent growing culture of medical tourism across the globe.
Based on severity of the case, the global market for medical case management services is segmented into chronic pain case management, catastrophic case management, short-term disability, independent medical examinations, and long-term disability. The long-term disability is anticipated to the largest segment of the overall medical case management services market during the forecast period. The independent medical case management segment is projected to witness healthy CAGR during the forecast period.
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By region, the global market for medical case management services is segmented into North America, Asia Pacific, Latin America, Europe and the Middle East & Africa (MEA). North America is foreseen to be the largest market through 2021. The market in the region is driven by the increasing, technological advancements, higher healthcare expenditure, and increasing occurrence of chronic diseases. In 2015, the market in the region was valued at US$ 3,021.6 Million and expected to surpass US$ 3,586 Million by the end of 2021, witnessing a CAGR of over 2% during the forecast period. In developing countries, the demand for medical case management services is primarily driven by rising per capita income. In addition, Europe is another region expected to reflect significant business potentials for key players in the global market for medical case management services providers.
Key players operating in the global market for medical case management services include Precyse Solutions LLC., GENEX Services Inc., Europ Assistance - Global Corporate Solutions, EK Health Services Inc., Medical Case Management Group, Managed Medical Review Organization Inc., Healthcare Solutions Inc., EagleOne Case Management Solutions, Inc, and Axiom Medical Consulting, LLC,. Companies operating in the market are actively focusing on launching advanced modules of services to cater the patient requirements and needs. Medical case managers are adopting latest technologies such as predictive modeling tools, electronic health records, communication tools, and Internet-based education in order to get better access to patient’s clinical history. Thus allowing more accurate and faster diagnosis. Likewise, the clients also get better accessibility to their individual information, which helps them explain the current health condition.
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