Global Transitional Care Management Services Market Growth Analysis With Investment Opportunities For 2024-2033

The Business Research Company's Transitional Care Management Services Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LANDON, GREATER LANDON, UK, September 3, 2024 /EINPresswire.com/ -- The transitional care management services market has experienced robust growth in recent years, expanding from $244.04 billion in 2023 to $286.43 billion in 2024 at a compound annual growth rate (CAGR) of 17.4%. The growth in the historic period can be attributed to healthcare policy changes, focus on value-based care, hospital readmission reduction initiatives, collaboration among healthcare providers, patient-centered care emphasis.

What Is the Estimated Market Size of The Global Transitional Care Management Services Market and Its Annual Growth Rate?
The transitional care management services market is projected to grow strongly, reaching $545.58 billion in 2028 at a compound annual growth rate (CAGR) of 17.5%. The growth in the forecast period can be attributed to patient engagement solutions, policy support for care coordination, expanding healthcare access, data analytics and predictive modeling, patient-centered medical home models.

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Growth Driver of The Transitional Care Management Services Market
The increasing number of surgical procedures is expected to propel the growth of the transitional care management market going forward. Surgery refers to an invasive procedure where tissues are cut or destroyed to structurally alter or repair the human body. Transitional care management (TCM) is often utilized in surgeries or medical procedures including plastic, orthopedics, cardiology, and others where there is a need for ongoing coordination and management of care especially during the patient's transition phases.

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Which Market Players Are Driving the Transitional Care Management Services Test Market Growth?
Key players in the transitional care management services market include Humworld Inc., Rijuven Corp., PharMerica Corporation, CareVitality, ACT Health Solutions LLC, Medsien Inc., Wellsky Corporation.

What Are the Dominant Trends in Transitional Care Management Services Market Size and Growth?
Product innovations are a key trend gaining popularity in the transitional care management services market. Major companies operating in the transitional care management services market are focused on innovating new solutions to sustain their position in the market.

How Is the Global Transitional Care Management Services Market Segmented?
1) By Service: Patient TCM Services, Healthcare TCM Services, Billing TCM Services, Documenting TCM Services, Other Services
2) By Disease Type: Cardiovascular diseases, Diabetes, Cancer, Asthma, Chronic obstructive pulmonary disorders, Other Diseases
3) By Application: Inpatient Settings, Community Settings

Geographical Insights: North America Leading the Transitional Care Management Services Market
North America was the largest region in the transitional care management services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the transitional care management services market report during the forecast period. The regions covered in the transitional care management services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Transitional Care Management Services Market Definition
Transitional care management TCM refers to a collection of services that assists patients in transitioning from one healthcare environment to another, such as from a hospital to a primary care physician. It is used to guarantee continuity of treatment, minimize avoidable bad outcomes, and limit possibly avoidable readmissions and medical mistakes in the 30 days following discharge from the acute care environment.

Transitional Care Management Services Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
•Macroeconomic factors affecting the market in the short and long run
•Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global transitional care management services market report covering trends, opportunities, strategies, and more
The Transitional Care Management Services Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on transitional care management services market size, transitional care management services market drivers and trends, transitional care management services market major players, transitional care management services competitors' revenues, transitional care management services market positioning, and transitional care management services market growth across geographies. The transitional care management services market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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Oliver Guirdham
The Business Research Company
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