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2025-2034 Chronic Care Management Software Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Chronic Care Management Software Industry Market Size Be by 2025?
There has been a swift expansion in the market size of chronic care management software in the past few years. The market, which stood at $13.44 billion in 2024, is poised to elevate to $15.38 billion in 2025, registering a compound annual growth rate (CAGR) of 14.4%. Factors such as a rise in chronic disease occurrence, an aging population, a focused approach on patient-centered care, an increase in remote patient monitoring, and escalating healare costs have all significantly contributed to the growth observed in the historical period.
What's the Long-Term Growth Forecast for the Chronic Care Management Software Market Size Through 2029?
Expectations for the chronic care management software market forecast a swift expansion in the coming years, with estimates of a value of $26.35 billion in 2029, and a compound annual growth rate (CAGR) of 14.4%. The upcoming growth is predominantly attributed to the increasing use of telemedicine and virtual care, heightened emphasis on preventive care, burgeoning demand for interoperable healare solutions, advancement of healare consumerism, and regulatory endorsement for chronic care management operations. The forecast period is set to embrace significant trends such as the customization of chronic disease management, incorporation of wearables and IoT (internet of things) gadgets, integration of telehealth platforms, application of predictive analytics for proactive care, and the use of remote patient monitoring technologies.
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What Are the Key Growth Drivers Fueling the Chronic Care Management Software Market Expansion?
The increasing utilization of healare information technology (IT) solutions is predicted to fuel the growth of the chronic care management software market in the future. These IT solutions, consisting of digital technologies and systems, are designed to enhance healare procedures, patient care delivery, and overall healare results. The need to improve efficiency, enhance patient care, streamline processes, and meet regulatory requirements in an increasingly digitized healare landscape is driving the adoption of healare IT solutions. Chronic care management software uses various IT solutions to enhance patient care quality for those with chronic illnesses by facilitating improved communication, coordination, and monitoring of their health care needs. For example, a report by the Healare Information and Management Systems Society (HIMSS), a non-profit organization based in the US, stated in January 2022 that 80% of healare providers planned to increase their tech and digital solution investments over the next half a decade. Additionally, a survey by Rock Health, a US health technology firm, found in February 2023 that out of 8,014 survey participants, 76% of individuals aged 55 and above have utilized telemedicine, and 80% of all participants have accessed care via telemedicine at some point, representing an 8% increase from 72% in 2021. Consequently, the rising utilization of healare information technology (IT) solutions is stimulating the expansion of the chronic care management software market.
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What Are the Key Trends Driving Chronic Care Management Software Market Growth?
Leading firms in the chronic care management software industry are making efforts to develop cutting-edge solutions, such as EHR-integrated software, in order to outclass their competitors. This can be achieved by enhancing patient outcomes, improving healare coordination, and simplifying workflows for healare providers through this software. This EHR-integrated software for chronic care simplifies patient management by seamlessly connecting contemporaneous health data, care schemes, and communication tools. For example, in March 2024, a digital health corporation from the US, Rimidi, introduced The Rimidi Care Network. This partnering program aims to facilitate remote monitoring service providers thus extending the reach to remote patient monitoring (RPM) services. The goal of this initiative is to bring together healare providers, payers, and technology vendors, making it possible for them to better implement Rimidi's solutions across diverse healare environments. By incorporating electronic health records (EHR) and offering user-friendly RPM tools, Rimidi aims to assist organisations in increasing patient engagement, particularly in managing chronic diseases. The objective of this program is to simplify remote care services, enhance results, and broaden access to communities that will benefit from remote health monitoring.
How Is the Chronic Care Management Software Market Segmented?
The chronic care management software market covered in this report is segmented -
1) By Type: Standalone Software, Integrated Software
2) By Deployment: Cloud-Based, Web-Based, On-Premise
3) By Application: Chronic Disease Management, Case Management, Communication And Collaboration, Other Applications
4) By End User: Hospitals, Clinics, Specialty Centers, Other End Users
Subsegments:
1) By Standalone Software: Remote Patient Monitoring Software, Chronic Disease Tracking Software, Appointment Scheduling Software, Medication Management Software, Patient Engagement Software, Electronic Health Records (EHR) Software, Data Analytics and Reporting Tools
2) By Integrated Software: Integrated Chronic Care Management Platforms, Telehealth and Telemedicine Integration, Health Information Exchange (HIE) Systems, Care Coordination and Communication Tools, Population Health Management Solutions, Billing and Revenue Cycle Management Integration, Patient Portal and Mobile App Integration
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Which Companies Are Leading the Charge in Chronic Care Management Software Market Innovation?
Major companies operating in the chronic care management software market are McKesson Corporation, International Business Machines Corporation, Siemens Healthineers, Cognizant Technology Solutions, Koninklijke Philips N.V., Infosys Limited, Cerner Corporation, Epic Systems Corporation, EXL Service Holdings Inc., Allscripts Healare Solutions Inc., eClinicalWorks LLC, Waystar Revenue Cycle Technology, NextGen Healare Inc., MEDITECH, Medecision Inc., Greenway Health LLC, Vivify Health Inc., Casenet LLC, AdvancedMD Inc., Practice Fusion, ZeOmega Inc., Kareo Billing, ScienceSoft USA Corporation, Azalea Health, Care Sync (Vatica Health), InSync Healare Solutions, RxNT, ClinicTracker EHR, zHealth EHR, Chronic Care Management Inc.
Which Regions Are Leading the Global Chronic Care Management Software Market in Revenue?
North America was the largest region in the chronic care management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chronic care management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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