Chronic Disease Management Market Size, Growth Factors, Future Trends, and Demand 2031 | Health Catalyst, ZeOmega, Medecision

The global chronic disease management market size was US$ 4.9 billion in 2021. The global chronic disease management market size is estimated to reach US$ 13.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.8% during the forecast period from 2022 to 2030.

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Critical disease management is an integrated care approach to the management of disease which includes screening, check-ups, monitoring, and coordinating treatment and patient education. It can improve quality of life while reducing health care costs. It is generally considered to be a condition that lasts for a year or longer, requires ongoing medical attention, and/or limits a person's daily activities. High blood pressure, heart disease, chronic respiratory diseases, asthma, diabetes, stroke, cancer, and others are some of the most common chronic conditions. The two main risk factors associated with chronic disease are behavioral risk factors and metabolic risk factors. Behavioral risk factors include tobacco use, physical inactivity, unhealthy diet, and harmful use of alcohol, while metabolic risk factors are hyperglycemia, obesity, hypertension, and hyperlipidemia.

Factors Affecting Marketing Growth

The increase in the geriatric population and the rise in the prevalence of various chronic diseases such as cancer and others drive the growth of the global market.
The increase in the popularity of chronic disease management due to the integration of IT solutions drives the growth of the global market.
The increase in strategic initiatives such as collaborations, mergers, and acquisitions by leading players, are the key factors that drive the growth of the global market.
A lack of skilled professionals as well as a trained workforce with cross-functional skills is anticipated to hinder the growth of the global market.

Impact on COVID-19 Analysis

COVID-19 had a positive impact on the growth of the global market. Due to the demand for accurate diagnosis and treatment devices in various countries. In this situation, chronic disease management solutions have proven to be very helpful, as they allow healthcare providers to seamlessly integrate solutions such as EHR, patient management, and care management to healthcare payer solutions such as claim management and payment management solutions. However, the rapid spread of this disease worldwide has resulted in lockdowns and restrictions, thereby raising the demand for electronic data transfer and claim management. Thus, driving the growth of the global market.

Regional Analysis

North America market was dominant, in terms of revenue among other regions in 2021, due to the prevalence of chronic diseases such as diabetes, cancer, heart disease, cardiovascular disease, and arthritis.

Asia-Pacific is estimated to grow at the fastest rate during the forecast period due to the rise in the prevalence of chronic diseases such as diabetes and cancer and the increase in the geriatric population.

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Leading Competitors
The prominent players in the global chronic disease management market are:
Health Catalyst
ZeOmega
Medecision
Allscripts Healthcare LLC
Vivify Health, Inc
NXGN Management
Hinduja Global Solutions Ltd
Epic Systems Corporation
Pegasystems Inc
Infosys Ltd
Cedar Gate Technologies
Others

Segmentation Analysis
The global chronic disease management market segmentation focuses on Disease Type, Type, End User Industry, and Region.

Segmentation on the basis of Disease Type

Chronic obstructive pulmonary disorders
Asthma
Cancer
Cardiovascular diseases
Diabetes
Others

Segmentation on the basis of Type

Services
Solutions

Segmentation on the basis of End User Industry

Healthcare Payers
Healthcare Providers
Others

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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the market over the forecast period?
- What are the factors driving and restraining the market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?

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