Global Value-Based Healthcare Market, By Models (Pay for Performance, Patient-centered Medical Home, Shared Savings, Shared Risk, Bundled Payment, Capitation Models), By Payer (Medicare and Medicare Advantage, Medicaid, Commercial), By Providers (Home Hea

Global Value-Based Healthcare Market, By Models (Pay for Performance, Patient-centered Medical Home, Shared Savings, Shared Risk, Bundled Payment, Capitation Models), By Payer (Medicare and Medicare Advantage, Medicaid, Commercial), By Providers (Home Health Care, Institutional Care, Self-Care, Hospital Therapy), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global value-based healthcare market was valued at US$ 12.18 Bn in 2023 and is expected to reach US$ 43.39 Bn by 2031, growing at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2031.

Figure 1. Global Value-Based Healthcare Market Share (%), By Region, 2024

Value-based healthcare (VBHC) is a healthcare delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes. Under value-based care agreements, providers are rewarded for helping patients improve their health, thereby reduce the incidence and effects of chronic disease, and live healthier lives in an evidence-based way. At its core, VBHC shifts the healthcare industry's focus from fee-for-service, where providers are paid for the volume of care services delivered, to a model where providers are incentivized to deliver the highest quality of care at the lowest cost. This transition necessitates the alignment of payment models with health outcomes, which means healthcare systems and providers must adjust operational, financial, and care delivery processes to meet these new goals. The principles of VBHC revolve around patient-centered care, meaning, that all healthcare decisions and quality measurements are designed with the patient's best interest in mind. Outcomes are often measured through standardized tools that account for the quality of care, patient satisfaction, and efficiency of resource use. These outcomes are then used as a basis for compensating providers. The adoption of VBHC is meant to spur innovation, as providers seek more effective ways to deliver health services and manage patient care. It also encourages a stronger care coordination and integrated care approach, whereby all healthcare activities are geared towards measurable outcomes that benefit patients. As healthcare systems globally grapple with rising costs and variable patient outcomes, VBHC represents a fundamental pivot toward sustainably improving health outcomes, thus fostering optimal care delivery, and controlling costs.

Market Dynamics:

The key drivers propelling the global value-based healthcare market include rising healthcare expenditure worldwide, growing geriatric population, increasing adoption of population health management solutions, and supportive government policies & reforms. However, high infrastructural & deployment costs, data privacy & security concerns, and reluctance towards changing reimbursement models are some factors hindering the market growth.

Key features of the study:

• This report provides in-depth analysis of the global value-based healthcare market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global value-based healthcare market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Baker Tilly US, LLP, Change Healthcare, Athena Healthcare, Curation Health, UnitedHealth Group, McKesson Corporation, Deloitte, Siemens Medical Solutions USA, Inc., Signify Health, Inc. (Sentara Healthcare), Humana, and NXGN Management, LLC.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global value-based healthcare market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global value-based healthcare market.

Detailed Segmentation:

• Global Value-Based Healthcare Market, By Models
• Pay for Performance
• Patient-centered Medical Home
• Shared Savings
• Shared Risk
• Bundled Payment
• Capitation Models
• Global Value-Based Healthcare Market, By Payer
• Medicare and Medicare Advantage
• Medicaid
• Commercial
• Global Value-Based Healthcare Market, By Providers
• Home Health Care

 Frontloading Skilled Nursing Visits

 Specialized Frontloading Therapy Visits

• Institutional Care
• Self-Care
• Hospital Therapy

 In-patient

 Outpatient

• Global Value-Based Healthcare Market, By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
• Top Companies in Global Value-Based Healthcare Market:
• Baker Tilly US, LLP
• Change Healthcare
• Athena Healthcare
• Curation Health
• UnitedHealth Group
• McKesson Corporation
• Deloitte
• Siemens Medical Solutions USA, Inc.
• Signify Health, Inc. (Sentara Healthcare)
• Humana
• NXGN Management, LLC.