Press release
Chronic Disease Management Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Chronic Disease Management Market Size
The escalating number of elderly individuals is notably contributing to the expansion of the chronic disease management market. Elderly populations are those aged 65 and above. This demographic has the greatest risk of being affected by chronic medical conditions. These chronic ailments often entail a heightened demand for medical treatment and consistent long-term care services, necessitating an increase in chronic disease management solutions. For instance, in a report released by the World Health Organization (WHO), a Switzerland-based public health international authority, it was projected that by October 2024, one out of every six people globally would be 60 years or older by 2030. Furthermore, by the year 2050, the global population of individuals aged 60 years or above would reach 2.1 billion. Hence, the burgeoning geriatric population will fuel the growth of the chronic disease management market.
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What is the future CAGR of the chronic disease management market, and how will it impact industry expansion?
There has been a swift expansion in the market size for chronic disease management in the past few years. The market that was worth $9.55 billion in 2024 is projected to increase to $11.36 billion in 2025, boasting a compound annual growth rate (CAGR) of 19.0%. The remarkable growth in the past can be credited to the implementation of data analytics for managing population health, patient education that encourages empowerment, the introduction of value-based care models, the development of personalized treatment plans, and an emphasis on preventive healthcare.
In the coming years, it is predicted that the chronic disease management market will experience a significant upturn, with a projected growth to $24.97 billion by 2029, boasting a compound annual growth rate (CAGR) of 21.8%. This anticipated surge within the forecast period can be tied back to several factors such as the adoption of patient-centric care structures, the aging of the population, an emphasis on remote patient monitoring (rpm), a rise in chronic disease cases, and predominant healthcare tendencies on a global scale. Key trends that will be prominent during the projection period encompass global health crises and reactions to pandemics, government-led initiatives and policy endorsement, the proliferation of consumer-centric health applications and platforms, health information exchange and interoperability, and an increase in concentration towards behavioral health and telehealth advancements.
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What are the most significant trends transforming the chronic disease management market today?
The uptake of technological advancements is a significant trend in the chronic disease management market. Innovative solutions such as artificial intelligence (AI) are being incorporated in the treatment of chronic diseases. Through AI usage, healthcare providers can achieve significant developments in early detection and improvement of patient outcomes for conditions such as heart disease, cancer, and diabetes. For example, Biofourmis, a Boston-based company that focuses on AI-based virtual care and digital pharmaceuticals, introduced Bioformis Care in February 2022. This service offers superior remote care for chronic disease patients. The main focus of Biofourmis Care is to enhance adherence to care instructions by providers and identify clinical deterioration patterns to facilitate early intervention.
Which key market segments comprise the chronic disease management market and drive its revenue growth?
The chronic disease management market covered in this report is segmented -
1) By Service: Consulting Service, Implementation Service, Educational Service
2) By Delivery Mode: On-premise, Cloud-based, Web-based
3) By Disease Type: Cardiovascular Diseases, Diabetes, Cancer, Asthma, Chronic Obstructive Pulmonary Disorders
4) By End User: Providers, Payers
Subsegments:
1) By Consulting Service: Disease Management Assessment, Program Design And Development, Performance Evaluation
2) By Implementation Service: Technology Integration, Workflow Optimization, Care Coordination
3) By Educational Service: Patient Education Programs, Provider Training, Community Awareness Initiatives
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What regions are at the forefront of chronic disease management market expansion?
North America was the largest region in the chronic disease management market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chronic disease management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the chronic disease management market?
Major companies operating in the chronic disease management market include Allscripts Healthcare Solutions Inc. (now known as 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, Mediware Human & Social Services Inc., Pegasystems Inc., ZeOmega Inc., Cigniti Technologies Limited, Health Catalyst, Cedar Gate Technologies, Epic Systems Corporation, Hinduja Global Solutions Ltd., NXGN Management LLC, Casenet LLC, ExlServings Holdings Inc., cliexa Inc., Vivify Health Inc., WellSky, Alkeus Pharmaceuticals, Healthy. io, Immunic Inc., GlaxoSmithKline (GSK), GEOVAX INC., Bluebird Bio, Optum Inc., Omada Health
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What Is Covered In The Chronic Disease Management Global Market Report?
•Market Size Forecast: Examine the chronic disease management market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the chronic disease management market for a structured understanding.
•Key Players Overview: Analyze major players in the chronic disease management market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the chronic disease management market.
•Segment Contributions: Evaluate how different segments drive overall growth in the chronic disease management market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the chronic disease management market.
•Industry Challenges: Identify potential risks and obstacles affecting the chronic disease management market.
•Competitive Landscape: Review strategic developments in the chronic disease management market, including expansions, agreements, and new product launches.
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