Chronic Disease Management Market :- Wellcentive, Medecision, i2i Systems, HealthSmart Holdings
Global Chronic disease management market is expected to rise to an estimated value of USD 14.80 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing levels of geriatric population resulting in higher prevalence of chronic diseases in patients globally along with the advancement in technologies associated with medical devices.
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Market Definition: Global Chronic Disease Management Market
Chronic disease management is digital healthcare services that include in providing healthcare officials with educational insights to their patients, implementation of patient-specific and disease-specific treatment options and plans. These services are specifically designed for managing the chronic diseases and reducing their severity in patients.
Increasing prevalence and awareness regarding the fatality of chronic diseases; this factor is expected to drive the growth of the market
Increasing levels of integration of digitalization in healthcare systems and facilities; this factor is expected to drive the growth of the market
Rise in the support provided by the governments for the adoption of technologies in healthcare management; this factor is expected to drive the market growth
Restraint in adoption and obedience in following the treatment plants designed according to the need of their disease management; this factor is expected to restrain the growth of the market
Lack of technically skilled professionals and workforce required for the management and maintenance of these diseases; this factor is expected to restrain the market growth
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Segmentation: Global Chronic Disease Management Market
By Disease Type
Cardiovascular Diseases (CVD)
Chronic Obstructive Pulmonary Disorders (COPD)
By Service Type
By Deployment Model
Ambulatory Care Centers
Hospitals, Physician Groups & Integrated Delivery
Diagnostic & Imaging Centers
Home Healthcare Agencies, Nursing Homes & Assisted Living Facilities
Rest of South America
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
United Arab Emirates
Rest of Middle East & Africa
Key Developments in the Market:
In October 2018, cliexa, Inc. announced that they had acquired Preventive Technology Solutions Inc. (PTSI). This acquisition will help in the development and expansion of cliexa’s service offerings. cliexa, Inc. will focus on the development of health apps for primary care and family medicine physicians which are determining the risks in adolescent for sexual activities, abuse of substances and other issues.
In July 2016, HealthCare at home announced that they had acquired Health Impetus Pvt. Ltd, this acquisition is expected to provide HealthCare at home in providing disease management services as well as providing various services to the pharmaceutical industry.
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Competitive Analysis: Global Chronic Disease Management Market
Global chronic disease management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chronic disease management market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Chronic Disease Management Market
Few of the major competitors currently working in the global chronic disease management market are Allscripts; ScienceSoft USA Corporation; Siemens Healthcare Private Limited; EXL; cliexa, Inc.; MINES & Associates, Inc.; Mediware Information Systems; Pegasystems Inc.; HealthCare atHOME; Cognizant TriZetto Software Group, Inc.; IBM Corporation; Infosys Limited; Koninklijke Philips N.V.; AxisPoint Health; Medecision; i2i Systems; Epic Systems Corporation and ZeOmega.
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