Value-Based Care Market Expected to Reach USD 9146.21 million by 2030 | Business Intelligence Insights (BII)

Publisher Name : Business Intelligence Insights (BII) Publish Date : 2022-06-03  

     

As per Business Intelligence Insights (BII) study, the global Value-Based Care Market attained revenue growth of USD 2184.70 million in 2021 and it is projected to reach around USD 9146.21 million by 2030, growing at a 19.60% CAGR.

Hospitals and other service providers are reimbursed based on the patient's experience, cost, efficiency, quality, and health outcome under value-based health care. As a result of greater pressure to improve services and cut expenses, as well as severe competition among suppliers, the cost is reduced. Value-based healthcare services benefit society, suppliers, payers, providers, and patients alike. Value-based healthcare services help society save money on healthcare. Demand for value-based healthcare is increasing as the prevalence of chronic diseases rises. As the prevalence of chronic diseases rises, the demand for value-based care services in hospitals and clinics will increase. As the need for high-quality care services develops, the market for value-based healthcare services is growing.

Providing trustworthy data in value-based healthcare services is a major challenge in running Medicare payment systems. Because much of the payments are based on outcomes and quality, providers must ensure that the data is accurate and meaningful. It will be critical to secure accurate information because the performance is based on Medicare. Prescriptions, demographics, vital signs, issue lists, diagnoses, and laboratory data are among the patient-level variables in electronic health records (EHRs), all of which are assessed to ensure correct payment. Data integrity is the most significant difficulty that providers face.

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Value-Based Care Market: Companies Mentioned

•    Siemens Healthcare GmbH
•    NextStep Solutions
•    McKesson Corporation
•    NextGen Healthcare
•    Genpact Limited
•    Athena Healthcare
•    Boston Consulting Group
•    Change Healthcare
•    Baker Tilly, US, LLC

Key Highlights of the Report

•     Wireless and cloud technologies in healthcare IT provide medical personnel and patients with cost-effective access to clinical data. Because they provide accessible and cost-effective ways for healthcare organisations and consumers to connect, wireless and cloud technologies are expected to grow rapidly in the healthcare business. The adoption rate of the system is predicted to increase by 26.9%, and the number of patients utilising home health monitoring systems globally is expected to increase at the same time. Companies that market wireless and cloud technologies to the healthcare industry include Qualcomm Life Inc., Opzoon Technology Co., Ltd., and Fibocom Wireless Inc.

•     As hospitals focus on not just expanding but also improving their infrastructure, the demand for innovative technologies is expected to rise. Thanks to technology, hospitals may accommodate millennial models to give better patient care. As a result of this trend, the demand for value-based healthcare services is expected to rise.

•     North America is anticipated to maintain its lead in the value-based healthcare services business over the next few years, thanks to its huge enterprises and corporate companies. Europe and East Asia are projected to be the key markets for long-term income generation from value-based healthcare services. Countries like France, Japan, Germany, South Korea, Australia, and New Zealand, as well as India, are experiencing tremendous technical growth as a result of digital transformation projects. As a result of the strong economic performance, total disposable income is fast increasing, boosting consumer spending and contributing to market growth in the region. According to the United Nations Department of Economic and Social Affairs, by 2050, the United States will have 107 million, China will have 437 million people aged 60 and up, India will have 324 million, and Brazil will have 58 million. The population of people over 60 is predicted to expand at 3.5 times the rate of the whole population by 2025– 2030. According to the United Nations' World Population Prospects report, the aging population (those aged 65 and more) is anticipated to increase from 16% in 2000 to 24% by 2030. The demand for better healthcare facilities is likely to rise as the senior population grows, which would lead to an increase in demand for value-based healthcare services.

•     The report contains qualitative and quantitative research on the global Value-Based Care Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

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Revenue-generating Segment Highlights:

By Model

•    Accountable care organization (ACO)
•    Patient-centered medical home (PCMH)
•    Pay for performance (P4P)
•    Bundled payments

 By Deployment

•    On-Premise
•    Cloud

By End User

•    Hospitals
•    Clinics
•    Insurance Companies
•    Government
•    Others

By Region

•    North America
o    U.S.
o    Canada
•    Europe 
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
•    Asia Pacific 
o    China
o    India
o    Japan
o    Rest of Asia Pacific
•    Latin America 
o    Brazil
o    Mexico
o    Rest of Latin America
•    Middle East and Africa 
o    UAE
o    South Africa
o    Rest of Middle East and Africa (MEA)

Ready to generate outstanding revenue opportunities with 'Business Intelligence Insights (BII)’ exclusive Value-Based Care market study. Highlights of the overall market will be included in the research, as well as frequently asked questions such as–

•    What are the historical and projected revenue figures, as well as the CAGR, for the forecast period?
•    What is the current trend taking place in the market space?
•    What are the business techniques that will influence competitive scenarios as well as the market's growth potential?
•    What market drivers, restraints, and challenges are influencing market demand and growth?
•    In the approaching years, which regions and segments will generate significant revenue and emerge as industry leaders?

The Value-Based Care Market report's competitive scenario examines, assesses, and positions firms based on a variety of performance characteristics. The financial performance of organizations over the last few years, growth plans, product innovations, new product launches, investments, market share growth, and so on are some of the elements analysed in this research. Don't wait any longer; take a comprehensive approach and achieve your business objectives with our Value-Based Care Market Forecast Report 2022- 2030 - Order Now!

About Us

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