The collaborative care model aims to provide coordinated healthcare to patients through effective communication and management between multiple healthcare providers and the patient. It involves primary care physicians, care managers, psychiatric consultants, and other specialists working together to provide comprehensive treatment to patients especially those with complex medical and psychosocial conditions. This model of care delivery improves patient health outcomes through better management of medical and behavioral health needs.
The rising demand for integrated and well-coordinated healthcare services, especially for patients with multiple chronic conditions, is a key driver of the collaborative care model market growth. According to the World Health Organization, chronic diseases are the leading cause of mortality worldwide, accounting for over 70% of all deaths globally. Treating such patients requires a holistic approach involving various physicians and healthcare specialists which the collaborative care model facilitates efficiently. Additionally, the model helps lower healthcare costs through early diagnosis and treatment of medical issues before they escalate and require expensive interventions. This makes it an attractive option for health systems and payers.
The global Collaborative Care Model market is expected to witness high growth, exhibiting CAGR of 15 % over the forecast period, due to increasing prevalence of chronic diseases and growing focus on population health management. Regional analysis focused on North America dominated over 40% of the global market share in 2023 due to advanced healthcare infrastructure and early technology adoption in the US and Canada that drive collaborative care delivery models.
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