Case Management Market Latest Trends And Growth Opportunities During Forecast 2024-2033


Posted April 22, 2024 by SushmithaTBRC

The case management market size has grown strongly in recent years. It will grow from $6.97 billion in 2023 to $7.6 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%.

 
Overview and Scope
The case management refer to methods for managing data relationships, documents, and processes for cases that require action and resolution, such as investigations, service requests, and incidents. The benefits of case management include digital record-keeping decreasing paperwork and centralized data management allowing for remote access.

Sizing and Forecast
The case management market size has grown strongly in recent years. It will grow from $6.97 billion in 2024 to $7.6 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to continuous improvement and workflow automation, industry-specific requirements, mobile accessibility, focus on security and data privacy, advancements in data analytics, integration with other business systems..

The case management market size is expected to see strong growth in the next few years. It will grow to $11.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to focus on healthcare case management, industry-specific customization, focus on security and data privacy, rise of remote work and mobile accessibility, increasing regulatory complexity.. Major trends in the forecast period include vendor innovation and competition, continuous process improvement, focus on healthcare case management, industry-specific customization, remote work and mobile accessibility, customer-centric solutions, emphasis on digital transformation..

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Segmentation & Regional Insights
The case management market covered in this report is segmented –
1) By Component: Solution, Services
2) By Business Function: Service Request, Fraud Detection and Anti-Money Laundering, Incident Management, Investigation Management, Legal Workflow Management
3) By Depolyment Mode: Cloud, On-premises
4) By Organisation Site: Small and Medium-sized Enterprises (SMEs), Large Enterprises
5) By Verticals: Banking, Financial Services, and Insurance (BFSI), Government, Healthcare, IT and telecom, Retail, Manufacturing, Other Verticals

North America was the largest region in the case management market in 2024. The regions covered in the case management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The healthcare organizations deploying rectification solutions for various case management are significantly increasing the scope of the case management market. The healthcare organizations and related stakeholders are deploying rectification solutions for various case management mainly to correct and reduce errors in data of cases, protect health records, and other reasons. Due to this increased deployment of rectification solutions for various case management, the demand for case management solutions and services will increase as these are effective solutions to manage data digitally while enabling data protection. Case management supports a complex process that requires a blending of electronic workflow and human tasks to avoid errors. For instance, in April 2022, according to an article published by the Office of the National Coordinator for Health Information Technology, a US government department, as of 2021, approximately four out of every five office-based physicians (78%) and virtually all non-federal acute care hospitals (96%) had implemented a certified EHR. This increase shows a significant 10-year improvement from 2011 when 28% of hospitals and 34% of physicians used an EHR. Thus, the healthcare organizations deploying rectification solutions for various case management will drive the case management market growth.

Key Industry Players
Major companies operating in the case management market report are DST Systems Inc., Pegasystems Inc., Kofax Inc., Dell Technologies Inc., Newgen Software Technologies Limited, Hyland Software Inc., Appian Corporation, Bonterra Solutions Inc., Nuxeo SA, Kissflow Inc., International Business Machines Corporation, Themis Solutions Inc. (Clio), Filevine Inc., CASEpeer LLC, Smokeball LLC, MyCase Inc., Assembly Software Inc., Rocket Matter LLC, INSZoom Technologies Inc., Legal Files Software Inc., Needles Case Management Software, PracticePanther Legal Software, Zola Suite LLC, Abacus Data Systems Inc., Actionstep Inc., Gavel & Gown Software Inc., Bill4Time LLC, Northern Case Management, VONA Case Management, PriMedical Inc., Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions Inc., Athenahealth Inc., AdvancedMD Inc., Kareo Inc.

The case management market report table of contents includes:
1. Executive Summary
2. Case Management Market Characteristics
3. Case Management Market Trends And Strategies
4. Case Management Market - Macro Economic Scenario
5. Global Case Management Market Size and Growth

.....


31. Global Case Management Market Competitive Benchmarking
32. Global Case Management Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Case Management Market
34. Case Management Market Future Outlook and Potential Analysis
35. Appendix

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Tags case management market , case management market size , case management market share
Last Updated April 22, 2024