Chronic Disease Management Market Statistics 2030:

Chronic diseases are the leading cause of death and disability worldwide. According to WHO, global status report on non-communicable diseases 2010, chronic diseases account for almost 60% of death and 43% of the global burden of disease. Chronic diseases are generally long-term progressive conditions and are considered expensive and most prevalent healthcare issues across the globe. Chronic disease management is a type of digital healthcare services that helps in providing healthcare officials with educational insights to their patients, implementation of patient-specific and disease-specific treatment options, and plans. These services are specially designed to manage the chronic diseases and also reduce the severity in patients.

Chronic Disease Management Market scope and structure analysis

COVID-19 scenario analysis 

The pandemic has caused health systems to focus on the challenges that come from the coronavirus, such as dwindling PPE, expanding ICU capacity, and the impact of reductions in elective procedures. These issues have largely stemmed from the fact that COVID-19 posed an unprecedented challenge that caught much of the industry underprepared. The spread of COVID-19 has given health organizations the ultimate stress. Clinician electronic health record use has been instrumental in overcoming that challenge. Telehealth implementation has skyrocketed due to the overcrowding of hospitals and the immense need of social distancing to help limit the spread of the virus. Telehealth services in patient portals have further eased the overcrowding in hospitals. Moreover, COVID-19 outbreak has boosted the use of various digital platforms that help people gain improved access to medical care, which can be favorable for the care management market and boost the demand for chronic disease management solutions.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

Chronic diseases are some of the major concerns among the elderly population, who are more susceptible to obesity and diabetes. The constantly expanding middle-class populace along with surge in the urbanization rate across the world adds to the chances of chronic diseases, since these factors are in conjunction with a sedentary and an inactive lifestyle. Therefore, cases of obesity and diabetes have been rising exponentially, not only among the older population but also among the youth. The healthcare sector further provides preventive health services along with patient-centric care, which opens the doors for retail, telecommunications, technology, and wellness & fitness segments to introduce innovative solutions pertaining to chronic disease management market.

The IT healthcare services and advanced digital health technologies have gathered a lot of traction in recent years, proving to be instrumental in the growth of the chronic disease management industry. The chronic disease management market gets further boost from the increased adoption of health information technologies and the various online resource options available in healthcare.

New product launches to flourish the market

New products that exhibit improved capabilities have been launched by leading market players. Massachusetts-based Lawrence General Hospital recently launched MEDITECH’s Expanse EHR system as part of an effort to improve clinical decision-making for providers and boost health data access.

Key segments covered

Key benefits of the report

• This study presents the analytical depiction of the chronic disease management market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the chronic disease management market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the chronic disease management market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.

Questions answered in the chronic disease management market report

• Which are the leading players active in the chronic disease management market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What are the projections for the future that would help in taking further strategic steps?