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| Patient Centered Medical Home Market |
The patient centered medical home model aims to transform primary care by enhancing access to healthcare, improving care coordination, and focusing on quality and safety. It emphasizes care that is accessible, comprehensive, patient-centered, coordinated, compassionate and culturally appropriate.
The global
Patient Centered Medical Home Market is estimated to be valued at US$ 18253.24 Mn in 2023 and is expected
to exhibit a CAGR of 7.8% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
One of the major trends driving the growth of the patient centered medical home
market is improved healthcare outcomes. The patient centered medical home model
leads to better health outcomes for patients by promoting preventive care and
management of chronic diseases. It helps in early detection and treatment of
medical issues, thereby reducing complications and healthcare costs associated
with advanced stages of diseases. Coordinated care helps patients comply with
treatment regimens and lifestyle modifications recommended by their physician.
This results in improved clinical outcomes such as better management of
diseases like diabetes and hypertension. As a result of enhanced healthcare
quality and experience, the adoption of the patient centered medical home model
is increasing significantly among healthcare providers worldwide.
Segment Analysis
The global Patient Centered Medical Home market is dominated by multi-specialty
centers sub segment. These multi-specialty centers have physicians from various
departments like internal medicine, pediatrics, family medicine etc. under one
roof. This allows patients to access different speciality services in one place
with better care coordination. This significantly improves patient experience
and clinical outcomes.
Key Takeaways
The global Patient
Centered Medical Home Market Trends is expected to witness high growth
over the forecast period of 2023 to 2030. The market size for 2023 is US$
18253.24 Mn and is expected to grow at a CAGR of 7.8% through 2030.
Regional analysis. North America region currently dominates the global Patient
Centered Medical Home market owing to high awareness levels regarding benefits
of this model of care and supporting government policies. The United States
alone accounts for around 60% of the total market share. However, Asia Pacific
region is expected to witness fastest growth in the coming years due to rising
healthcare infrastructure and increasing focus on improving patient outcomes
especially in China and India.
Key players. Key players operating in the Patient Centered Medical Home market
are Abercrombie & Kent USA, Absolute Travel, Inspiring Travel Company, TCS
World Travel, TÜ ELITE, Cox & Kings Ltd., Travcoa, Micato Safaris, Scott
Dunn Ltd., Kensington Tours Ltd., and Butterfield & Robinson Inc. These
players are focusing on new service launches and partnerships to strengthen
their market presence. For instance, Inspiring Travel Company launched new
wellness retreat packages in partnership with leading hospitals.
For more insights, read- https://www.ukwebwire.com/patient-centered-medical-home-market-trends-size-and-share-analysis/
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