This Chronic Disease Management report has estimations of Compound Annual Growth Rate (CAGR) in % value for the forecasted period that will help user or client to take decision based on futuristic chart. Competitive analysis is the major aspect of any market research report and by understanding this many points are covered in the report including strategic profiling of key players in the market, analyse their core competencies, and draw a competitive landscape for the market. All statistical and numerical data is interpreted in Chronic Disease Management report with the use of established and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis.
Global Chronic Disease Management Market is expected to rise to an estimated value of USD 14.80 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing levels of geriatric population resulting in higher prevalence of chronic diseases in patients globally along with the advancement in technologies associated with medical devices.
To prepare Chronic Disease Management market research report, certain steps are to be followed for collecting, recording and analyzing market data. The rise in market value is generally attributed to the rising growth of the applicable industries and the subsequent rise in demand of applications. Along with competitive analysis of the key players, this Chronic Disease Management report also serves with complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology. Moreover, for the businesses, it is the most important to get know how of consumer’s demands, preferences, attitudes and their changing tastes about the specific product which can be studied via this Chronic Disease Management report.
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Market Definition: Global Chronic Disease Management Market
Chronic disease management is digital healthcare services that include in providing healthcare officials with educational insights to their patients, implementation of patient-specific and disease-specific treatment options and plans. These services are specifically designed for managing the chronic diseases and reducing their severity in patients.
- Increasing prevalence and awareness regarding the fatality of chronic diseases; this factor is expected to drive the growth of the market
- Increasing levels of integration of digitalization in healthcare systems and facilities; this factor is expected to drive the growth of the market
- Rise in the support provided by the governments for the adoption of technologies in healthcare management; this factor is expected to drive the market growth
- Restraint in adoption and obedience in following the treatment plants designed according to the need of their disease management; this factor is expected to restrain the growth of the market
- Lack of technically skilled professionals and workforce required for the management and maintenance of these diseases; this factor is expected to restrain the market growth
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Segmentation: Global Chronic Disease Management Market
By Disease Type
- Cardiovascular Diseases (CVD)
- Chronic Obstructive Pulmonary Disorders (COPD)
By Service Type
- Consulting Service
- Implementation Service
- Educational Services
By Deployment Model
- Ambulatory Care Centers
- Hospitals, Physician Groups & Integrated Delivery
- Diagnostic & Imaging Centers
- Home Healthcare Agencies, Nursing Homes & Assisted Living Facilities
- Public Payers
- Private Payers
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Key Developments in the Market:
- In October 2018, cliexa, Inc. announced that they had acquired Preventive Technology Solutions Inc. (PTSI). This acquisition will help in the development and expansion of cliexa’s service offerings. cliexa, Inc. will focus on the development of health apps for primary care and family medicine physicians which are determining the risks in adolescent for sexual activities, abuse of substances and other issues.
- In July 2016, HealthCare at home announced that they had acquired Health Impetus Pvt. Ltd, this acquisition is expected to provide HealthCare at home in providing disease management services as well as providing various services to the pharmaceutical industry.
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Competitive Analysis: Global Chronic Disease Management Market
Global chronic disease management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chronic disease management market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Chronic Disease Management Market
Few of the major competitors currently working in the global chronic disease management market are Allscripts; ScienceSoft USA Corporation; Siemens Healthcare Private Limited; EXL; cliexa, Inc.; MINES & Associates, Inc.; Mediware Information Systems; Pegasystems Inc.; HealthCare atHOME; Cognizant TriZetto Software Group, Inc.; IBM Corporation; Infosys Limited; Koninklijke Philips N.V.; AxisPoint Health; Medecision; i2i Systems; Epic Systems Corporation and ZeOmega.
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