PATIENT CENTERED MEDICAL HOME MARKET ANALYSIS
Global patient-centered medical home market is estimated to be valued at US$ 15,790.0 million in 2022 and is expected to reach US$ 50,277.9 million by 2030 to grow at a CAGR of 15.6% during the forecast period (2022 –2030)
Figure 1.Global Patient-Centered Medical Home Market Value (US$ Million) & Y-o-Y Growth (%), 2018-2030
Increasing government initiatives to spread awareness about patient-centered medical home services is expected to drive the market growth during the forecast period.
Medicaid demonstrations, new payment rules, and the development of accountable care organizations, all of which aid the deployment of patient-centered medical home services, are included in government programmes such as the 2010 Patient Protection and Affordable Care Act in U.S. The governments of various countries such as U.S. has a significant role to play in promoting and developing the market for patient-centered medical home services. As of April 2013, 43 states in the U.S. have policies promoting the patient-centered medical home services for Children's Health Insurance Program (CHIP) beneficiaries or Medicaid.
Figure 2. Global Patient-Centered Medical Home Market Share (%), By Region, 2022
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