Offsite Medical Case Management Services Industry Market Global Industry Analysis, Trends and Forecast, 2022-2031

Kenneth Research recently added a report on Offsite Medical Case Management Services Industry Market in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Offsite Medical Case Management Services Industry Market along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.

The U.S. Market recovers fast; In a release on May 4th, 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Offsite Medical Case Management Services Industry Market products.

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“Due to the prevalence of chronic diseases and the increase in the global elderly population, remote case management dial-ups are expected to grow at a significant rate. In addition, the increase in healthcare expenditures and the emergence of advanced technologies in healthcare and remote healthcare management systems are driving market growth. In addition, the high adaptation rate in developed regions, coupled with a high level of awareness of early drug intervention in medical management, is expected to further promote the market. However, it is believed that the high cost of the management system and the shortage of well-trained professionals will hinder market growth during the forecast period.

Reporting scope: 

Medical case management is a collaborative process that enables healthcare providers to remotely recommend appropriate healthcare and treatment plans for patients with disabilities, injuries or illnesses. The externally managed healthcare system market covers network-based and telephone-based healthcare management services provided by different healthcare providers.

Main market trends: 

The Web-based medical case management segment is expected to grow at a significant rate. The Web-based segment is expected to be attractive due to the entry of IT and systems-based healthcare provider medical management based on Web applications. In addition, advanced technologies in this field are driving market growth. Telephone medical case management departments are common in underdeveloped and developing countries, while network-based case management departments are making progress in developed countries. Favorable regulatory policies and low maintenance costs using off-site management care. In addition, it is expected that the increase in the number of accidents in many regions and the increase in the elderly population will drive market growth during this period. In addition, the significant increase in narcotic drugs and the increase in the number of withdrawal patients and cancer cases are driving the overall growth of the market.

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North America is expected to grow at an astonishing rate: 

North America is expected to experience an astonishing growth rate during the forecast period 2022-2030. Factors such as the availability of a large number of patients, the rapid advancement of technology and the increase in health care expenditures are the reasons for this growth. According to a report by the Center for Medicare and Medicaid Services (CMS), health care expenditures in the United States increased by 4.6% in 2018, while per capita health care expenditures increased by US$11,172. About 17.7% of the total GDP is used for the health of the country. As many people suffer from chronic diseases, increased medical tourism, and the adoption of advanced technologies in the health system, the Asia-Pacific region is expected to experience significant growth during the forecast period.

Competitive landscape: 

The remote medical case management market has moderate competition, with a large number of local and international market participants. The main market participants operating in the market include Genex Services, LLC, EK Health, Inc., EagleOne Case Management, NaphCare, Inc. and MMRO Inc.

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