The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The chronic disease management market has experienced exponential growth in recent years, with significant projections for the future. Understanding the drivers, trends, and key players in this sector is essential to grasp its evolving landscape.

Understanding the Market Growth

• The chronic disease management market size has surged from $8.12 billion in 2023 to $9.75 billion in 2024.
• This growth is projected to continue at a compound annual growth rate (CAGR) of 20.1%.
• Key factors driving this growth include data analytics for population health management, patient education empowerment, and value-based care models.

Future Projections

• Forecasts indicate that the market will reach $20.38 billion by 2028, growing at a CAGR of 20.2%.
• Factors contributing to this growth include patient-centric care models, population aging, and the prevalence of chronic diseases.

Drivers of Market Growth

Rising Prevalence of Chronic Disorders

• Chronic diseases lasting three months or more have become increasingly common.
• Targeted management programs and technologies, including remote monitoring and personalized medicine, are in demand.
• Statistics show a significant increase in chronic conditions among individuals aged 50 and older, emphasizing the need for effective management solutions.

Key Players in the Market

• Major companies driving the chronic disease management market include Allscripts Healthcare Solutions Inc., ScienceSoft USA Corporation, Siemens Healthcare Private Limited, and Infosys Limited, among others.

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Technological Advancements

AI-Powered Solutions Transforming Chronic Disease Management

• Artificial intelligence (AI) is revolutionizing the treatment of chronic diseases.
• AI enables early intervention and improved patient outcomes for conditions like heart disease, cancer, and diabetes.
• Startups like Biofourmis are pioneering AI-driven virtual care services, enhancing remote patient monitoring and clinical decision-making.

Strategic Acquisitions

Phablecare Expands and Enhances Type 1 Diabetes Management

• In March 2022, Phablecare acquired Fused Training to bolster its Type 1 diabetes management offerings.
• Fused Training specializes in providing support to individuals living with diabetes, aligning with Phablecare’s mission to expand its chronic disease management portfolio.

Market Segmentation

• The chronic disease management market is segmented by service (consulting, implementation, educational), delivery mode (on-premise, cloud-based, web-based), disease type (cardiovascular diseases, diabetes, cancer, asthma, COPD), and end user (providers, payers).

Regional Dynamics

• North America led the chronic disease management market in 2023, while Asia-Pacific is expected to witness the fastest growth in the forecast period.

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The Chronic Disease Management Global Market Report 2024  provides an overview of the chronic disease management market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The chronic disease management market forecast analyzes chronic disease management market size, chronic disease management market share, leading competitor and their market positions.

The Table Of Content For The Chronic Disease Management Market Include:
1. Chronic Disease Management Market Executive Summary
2. Chronic Disease Management Market Segments
3. Chronic Disease Management Market Size And Chronic Disease Management Market Growth Rate
4. Key Chronic Disease Management Market Trends
5. Major Chronic Disease Management Market Drivers
……
25. Key Mergers And Acquisitions In The Chronic Disease Management Market
26. Top Chronic Disease Management Companies
27. Chronic Disease Management Market Opportunities And Strategies
28. Chronic Disease Management Market, Conclusions And Recommendations
29. Appendix

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