Integrated delivery networks (IDNs) refer to the systems of healthcare providers and organizations that offer a coordinated range of services to a defined population. It delivers high-quality, cost-effective care by integrating various healthcare services, including primary care, specialty care, hospital services, and sometimes post-acute care and wellness programs.
Sizing and Forecast
The integrated delivery networks market size has grown rapidly in recent years. It will grow from $24.59 billion in 2023 to $27.63 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to the consolidation of healthcare facilities, increasing focus on population health management, increasing government initiatives and regulations, increasing emphasis on patient-centric care, and growing demand for specialized healthcare services.
The integrated delivery networks market size is expected to see rapid growth in the next few years. It will grow to $44.52 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to increasing focus on patient care quality and outcomes, the growing need for healthcare workforce development, the growing demand for healthcare data analytics, increasing adoption of telemedicine, and the growing demand for personalized medicine. Major trends in the forecast period include increasing shifting towards value-based care models, adoption of artificial intelligence and machine learning, the adoption of telehealth services, the growing emphasis on patient-centered care approaches, increasing trend towards expanding outpatient services.
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Segmentation & Regional Insights
The integrated delivery networks market covered in this report is segmented –
1) By Type: Vertical Integration, Horizontal Integration
2) By Characteristics: Provider Alignment, Continuum Of Care, Clinical Integration, Regional Presence, Reimbursement
3) By Application: Acute Care Hospitals, Primary Care, Long-Term Health, Specialty Clinics, Other Applications
North America was the largest region in the integrated delivery networks market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the integrated delivery networks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing adoption of cloud computing in the healthcare sector is expected to propel the growth of the integrated delivery network market going forward. Cloud computing refers to delivering computing services, including servers, storage, databases, networking, software, and more, over the internet ( the cloud). The adoption of cloud computing in healthcare is rising due to the need for affordable data storage, remote access to patient information, better data security, and improved provider collaboration. Cloud adoption helps integrate healthcare systems by facilitating data sharing, improving care coordination, boosting patient outcomes, and cutting costs through efficient processes. For instance, in November 2023, according to GHX, a US-based software-as-a-service company, it’s expected that almost 70% of all US hospitals and health systems will adopt cloud-based supply chain management by 2026. Around 45% have already switched to cloud technologies for this purpose, with many more expected to follow in the next two years. Therefore, the increasing adoption of cloud computing in the healthcare sector is driving the growth of the integrated delivery network market.
Key Industry Players
Major companies operating in the integrated delivery networks market are CommonSpirit Health, Ascension Health, Trinity Health, Tenet Healthcare Corporation, Mass General Brigham Incorporated, Mayo Clinic Health System, Sutter Health, IQVIA Inc., Bon Secours Mercy Health, LifePoint Health Inc., Universal Health Services Inc., Banner Health, Community Health Systems, Medline Industries Inc., NewYork-Presbyterian Hospital, Advocate Health, Northwell Health, Geisinger Health, Adventist Healthcare, Brighton Health Plan Solutions LLC, Advent Health Partners Inc.
The integrated delivery networks market report table of contents includes:
1. Executive Summary
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