Chronic Disease Management Market  Research report 2030 is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the ABC industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.

Data Bridge Market Research analyzes that the global chronic disease management market which was USD 6.17 billion in 2022, would rocket up to USD 20.64 billion by 2030, and is expected to undergo a CAGR of 16.3% during the forecast period.

Some of the major players operating in the Chronic Disease Management Market are:

WellSky (U.S.), ZeOmega (India), Health Catalyst (U.S.), Cedar Gate Technologies (U.S.), Cognizant (U.S.), Pegasystems Inc. (U.S.), Epic Systems Corporation (U.S.), Hinduja Global Solutions Ltd. (India), NXGN Management, LLC (U.S.), MINES & Associates, Inc. (U.S.), Casenet, LLC (U.S.), ExlServings Holdings, Inc. (U.S.), cliexa, Inc. (U.S.), ScienceSoft USA Corporation (U.S.), Vivify Health, Inc. (U.S.), Allscripts Healthcare, LLC (U.S.), Infosys Limited (India), Medecision (U.S.), IBM (U.S.), Altruista Health (U.S.), and TCS Healthcare Technologies (U.S.) among others

 Market Segments: -

The global chronic disease management market is segmented into five notable segments based on type, solution type, service type, disease indication, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Solution
• Services

Solution Type

• On-Premise Solution
• Cloud-Based Solution
• Web-Based

Service Type

• Educational Service
• Implementation Service
• Consulting Service
• Others

Disease Indication

• Cardiovascular Diseases (CVD)
• Diabetes
• Chronic Obstructive Pulmonary Disorders (COPD)
• Arthritis
• Asthma
• Cancer
• Others

End User

• Healthcare Providers
• Healthcare Payers
• Others

 Opportunities: -

• A surge in novel technological advancements

Chronic disease is considered one of the leading causes of death in emerging economies and developing countries worldwide. This increased the importance of CDM among public health practitioners. As technology advances, chronic disease patients with asthma, arthritis, and diabetes conditions are no longer treated in isolation. As technology is advancing rapidly, it is improving the way we manage chronic diseases such as diabetes and cardiovascular diseases among others. Recent healthcare monitoring applications and gadgets have enhanced the connection between patients and healthcare providers to update treatment plans and improve health outcomes. This creates a major opportunity for market growth.

• Rising healthcare expenditure

The expense of money used by a country on its healthcare and its growth rate over time is inclined by a wide variety of economic and social factors including the financing arrangements and structure of the organization of the health system. Healthcare expenditure has increased across developed countries along with emerging economies as the disposable income of people is increasing. Hence, huge healthcare expenditure is a favorable factor for market growth.

• Increased reimbursement policies

Healthcare reimbursement is the process by which private health insurance and government agencies pay for healthcare services. Thus, the U.S. Centres for Medicare and Medicaid Services (CMS) have explained various reimbursement approaches for employees and employers with chronic conditions. Recently, physicians and non-physicians were eligible to generate invoices for CCM reimbursement for treatment or consultation. An average reimbursement expected for 50 patients with CDM services generates more than USD 2,000 per month. These affirmative factors enhance the opportunity for market growth.

Regional incites: -

• High cost of services

In the last few years, the U.S. FDA has authorized a huge number of advanced CDM solutions. This approved CDM solution has helped to improve the quality of patient’s life. Growing R&D costs and the expense of trials unfavorably affect the cost of final CDM solutions. The increasing cost of CDM solutions has a negative impact on the cost of overall disease treatment. Consequently, it may restrain the future demand for CDM solutions in low and middle-income countries. Thus, the high cost of CDM is expected to restrain market growth.

• Security concerns with cloud-based solutions

Lately, CDM is made easier with cloud-based remote patient care services. The cloud-based computing platform is still in its developing phase which is majorly used by healthcare and IT sectors. Various healthcare organizations are shifting to cloud adoption considering high data storage, workflow optimization, and cost-effectiveness. Thus, security issues faced by cloud-based premises for CDM services are expected to restrain the market growth.

Get the Full report link @ https://www.databridgemarketresearch.com/reports/global-chronic-disease-management-market   

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Chronic Disease Management Market Landscape

Part 04: Chronic Disease Management Market Sizing

Part 05: Chronic Disease Management Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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