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(I-SoftwareNews.Com, April 25, 2019 ) According to research report Accountable Care Solutions Market is expected to grow at a CAGR of 16.6% between 2016 and 2021 to reach USD 18.86 Billion by 2021.
Factors such as growing need to curtail the increasing financial burden on healthcare organizations due to the rising incidences of chronic diseases and increasing geriatric population, growing focus of stakeholders on improving patient safety and care, and rising demand for quality and advanced healthcare are driving the growth of the global accountable care solutions market.
In 2015, the healthcare provider solutions segment accounted for the maximum share of the global accountable care solutions market. The key factor driving the growth of this market is the growing need for health information management due to the increasing number of patients across the globe. The growth in elderly population and subsequent increase in the prevalence of chronic diseases across the globe is driving the demand for viable solutions to efficiently manage the large volume of patients and patients’ data, while reducing the operational costs in the healthcare organizations. The increasing government initiatives for implementation of EHR systems and financial support from public-private organizations towards development of healthcare IT infrastructure are further impelling the growth of the global accountable care solutions market.
Sample of the Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=229274233
Within the healthcare provider solutions market, healthcare analytics is the fastest-growing segment during the forecast period, followed by the patient engagement solutions segment. Factors such as the rise in pressure to curb healthcare costs, Meaningful Use incentives, availability of big data in healthcare, technological advancements, and increase in venture capital investments are propelling the growth of healthcare analytics market. On the other hand, the operational gap between payers and providers, lack of skilled personnel, and high cost of analytics solutions may restrict market growth. Moreover, high growth of patient engagement solution sis mainly attributed to growing popularity of patient engagement solutions among the aging population, rising number of collaborations and partnerships between vendors and end users, and increasing utilization of mobile health (mHealth).
Among end users, the healthcare providers segment is expected to grow at the highest CAGR during the forecast period. Federal mandates such as the implementation of EHRs and ICD-10 code sets, shift towards value-based medicine, and the increased focus on quality care and reduced costs are propelling the growth of this segment.
Download Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=229274233
North America is expected to account for the largest share of this market in 2015 and will continue to dominate the market during the forecast period. It is also poised to grow at the highest CAGR, mainly due to federal mandates encouraging HCIT adoption; strong government support; significant venture capital investments for analytics; and greater accessibility of analytics solutions and services in this region, among others.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
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