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Exploring the Expansive Growth in the Chronic Disease Management Market: Major Drivers, Key Players, and Future Projections
Chronic Disease Management Market
A Comprehensive Analysis on the Predicted Market Growth and Key Trends in Chronic Disease Management
What Is The Projected Market Size Of The Global Chronic Disease Management Market And Its Growth Rate?
The Chronic Disease Management Market is witnessing significant growth and is projected as follows:
• The market size is set to grow from $9.55 billion in 2024 to $11.36 billion in 2025 with a compound annual growth rate (CAGR) of 19.0%
• This market is predominantly driven by factors such as data analytics for population health management, patient education, value-based care models, and a focus on preventive healthcare.
• The market size is expected to reach $24.97 billion by 2029, growing at a CAGR of 21.8%
• Future growth is attributed to the emergence of patient-centric care models, aging population, increasing prevalence of chronic diseases, and global healthcare trends.
What Is Driving The Growth In The Chronic Disease Management Market?
The increase in the geriatric population, which refers to individuals over the age of 65, is a significant driver for the growth of the chronic disease management market. This demographic has the greatest chance of developing chronic diseases resulting in increased demand for long-term medical care and disease management services. The World Health Organization predicts that one in six people worldwide will be aged 60 or older by 2030. By 2050, the number of seniors will reach 2.1 billion globally. These estimations underline the potential for the chronic disease management market to expand in response to the growing needs of an aging population.
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Who Are the Key Players Driving Chronic Disease Management Market Growth?
Leading companies in the chronic disease management market include:
• Allscripts Healthcare Solutions Inc. (Veradigm Inc.)
• ScienceSoft USA Corporation
• Siemens Healthcare Private Limited
• Infosys Limited
• MINES and Associates Inc.
• Biofourmis Care Solutions Pte. Ltd.
• i2i Systems Inc.
• Phytel Inc.
• Wellcentive Inc.
• TriZetto Corporation and many more.
What Are The Key Trends In The Chronic Disease Management Market?
Emerging trends in the market include:
• Response to global health challenges and pandemics
• Government initiatives and policy support
• Developments in consumer health apps and platforms
• Innovation in interoperability and health information exchange
• Focus on behavioral health
• Expansion of telehealth services.
What Are The Segments Of The Global Chronic Disease Management Market?
The Chronic Disease Management Market is categorized by:
• Service: Consulting Service, Implementation Service, Educational Service
• Delivery Mode: On-premise, Cloud-based, Web-based
• Disease Type: Cardiovascular Diseases, Diabetes, Cancer, Asthma, Chronic Obstructive Pulmonary Disorders
• End User: Providers, Payers
Which Region Leads The Chronic Disease Management Market?
North America dominated the Chronic Disease Management Market in 2024. However, Asia-Pacific is predicted to be the fastest-growing region in the forecast period. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Chronic Disease Management Market Global Market Report?
• Market Size Analysis
• Market Segmentation Analysis
• Key Player Focus
• Growth Trends Analysis
• Market Contribution
• Growth Drivers
• Industry Challenges
• Competitive Developments
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