A recent report published by Infinium Global Research on chronic care management solution market provides in-depth analysis of segments and sub-segments in the global as well as regional chronic care management solution market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional chronic care management solution market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global chronic care management solution market. According to the report, the global chronic care management solution market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.

Market Insight

Chronic care management solutions are high-quality healthcare services providing medical assistance to people suffering from multiple major chronic diseases for a better quality of life. In chronic care management, an assembled care plan is made for the patient depending on his eligibility and requirement. In chronic care management patients are assigned with a service provider who has to see patient routinely and educate patients about the disease. Patients consent is an important part of chronic care management. Chronic care management solutions provide assessment, education, and support to people suffering from chronic disease. They are implemented with educational and consulting services by methods such as face to face consulting and consulting on phones through service provider allotted to the patient.

Globally chronic diseases such as diabetes, cardiovascular diseases, cancer, heart disorders, HIV, AIDS, depression, neurological disorders, and tuberculosis are growing rapidly. According to WHO, 135 million people were diagnosed with diabetes in 1995 it is estimated that it will rise up to 300 million by 2025, aiding the growth of chronic care management solution market. Furthermore, the overall growth of the healthcare sector is estimated to boost the chronic care management solution market. Additionally, the ageing population is one of the factors driving the growth of chronical care management solutions market. The high cost of services is one of the major restraint of chronical care management solutions market. Furthermore, the lack of awareness amongst people in developing countries on chronic diseases is restraining the growth of chronic care management solution market. Moreover, developments in healthcare IT is providing the opportunity for the growth of chronic care management solution market.

Amongst the geographies, North America is leading in the growth of chronic care management solution market. North America has the highest ageing population besides that growing awareness is adding to the growth of the chronic care management solution market. The U.S. and Canada are the major regions affecting the growth of North America. Followed by North America, Europe holds the second position in the chronic care management solution market. In Europe, the U.K., France and Germany are the main suppliers in the European region. Asia Pacific is the fastest growing region in the chronic care management solution market due to growing healthcare IT sector. Additionally, a growing population in countries like India and China are developing their healthcare sector and are estimated to contribute growth to chronic care management solution market in the Asia Pacific region.

Segment Covered

The report on global chronic care management solution market covers segments such as service, component, platform, and end-user. On the basis of service, the sub-markets include consulting service, educational implementation service, implementation service, and other services. On the basis of component, the sub-markets include software, and solution. On the basis of platform, the sub-markets include cloud-based, and on-premise. On the basis of end-user, the sub-markets include healthcare providers, payers, and other end-users.

Companies Profiled:

The report provides profiles of the companies in the market such as Cognizant Technology Solutions Corporation, Pegasystems Inc., Infosys Limited, Siemens Healthcare Private Limited, Chronic Care Management, Inc., Vivify Health, Inc., Koninklijke Philips N.V., EXL Service Holdings, Inc., ScienceSoft USA Corporation, and NextGen Healthcare, Inc.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of chronic care management solution market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.