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Geriatric Population Growth As A Key Driver Of The Chronic Disease Management Market: The Driving Engine Behind Chronic Disease Management Market Evolution in 2025
Chronic Disease Management Market
Chronic Disease Management Market Size Growth Forecast: What to Expect by 2025?
The market size of chronic disease management has seen a swift expansion in the past few years. The market is projected to surge from $9.55 billion in 2024 to $11.36 billion in 2025, with a compound annual growth rate (CAGR) of 19.0%. Factors like the application of data analytics in population health management, patient learning initiatives, the implementation of value-based healthcare models, personalized treatment methodologies, and a strong focus on preventive healthcare, have fueled the growth during this historic period.
How Will the Chronic Disease Management Market Size Evolve and Grow by 2029?
The market for managing chronic diseases is anticipated to witness significant expansion in the upcoming years. The projected growth will bring it to a valuation of $24.97 billion by 2029 with a compound annual growth rate (CAGR) of 21.8%. This surge in the predicted period can be credited to the implementation of patient-focused care models, an aging global population, the rise in remote patient monitoring (rpm), an increased incidence of chronic diseases, and worldwide healthcare tendencies. The forecast period is marked by key trends such as responding to global health crises and pandemics, government-driven initiatives and policy backing, the development of consumer health applications and platforms, advancing health information exchanges and interoperability, an emphasis on behavioral health, and the broadening scope of telehealth.
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What Drivers Are Propelling the Growth of Chronic Disease Management Market Forward?
The escalating number of elderly people, notably those above 65 years of age, is triggering the expansion of the chronic disease management market significantly. The possibility of this age group enduring chronic diseases is remarkably high. These chronic ailments often necessitate an influx of further medical attention and on-going care support, thereby amplifying the demand for chronic disease management solutions. For example, a World Health Organization (WHO) report issued in October 2024, the WHO being a Swiss agency devoted to global health matters, anticipated that by 2030, one out of every six people worldwide would be 60 or older. By 2050, the global population of individuals 60 and above is expected to surge to 2.1 billion. Thus, the burgeoning geriatric population is anticipated to stimulate the expansion of the chronic disease management market.
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Which Emerging Trends Are Transforming the Chronic Disease Management Market in 2025?
The uptake of technological innovation is an emerging trend seen in the chronic disease management sector. Cutting-edge technologies, for example, artificial intelligence (AI), are being integrated into treatment modalities for chronic diseases. This allows healthcare professionals to make breakthroughs in early detection and improve patient results for conditions such as heart disease, cancer, and diabetes. As an example, Biofourmis, a startup from Boston that specializes in AI-based virtual healthcare and digital therapeutics, unveiled Biofourmis Care in February 2022. This is a service dedicated to offering high-quality remote healthcare to individuals battling chronic illnesses. The primary focus of Biofourmis Care is to enhance the adherence of providers to care-guidelines and identify clinical decay patterns to enable timely treatments.
What Are the Key Segments in the Chronic Disease Management Market?
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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Who Are the Key Players Shaping the Chronic Disease Management Market's Competitive Landscape?
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
What Geographic Markets Are Powering Growth in the Chronic Disease Management Market?
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
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