About Chronic Care Management Solution
Chronic Care Management allows you to help patients with chronic diseases like Diabetes, Thyroid problems, Alzheimer's, Mental Illness, Heart Disease, etc, manage their health better and be more involved in their care. It analyzes the patient base, qualifies those who are candidates for the CCM program, and registers them. Moreover, it enhances patient’s wellness by knowing them and gaining their trust through our cadence of phone discussions with them.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 15.18% |
The demand for Less than Truckload Shipping is increasing with each passing day. The businesses in this industry face major competition at a global scale with leading players in the market. Many international as well as regional service providers are also participants in the industry and directly compete with leaders. It has been identified that market-leading players are investing heavily in growth strategies such as technological development, and resource utilization to enhance their market position. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Chronic Care Management Solution market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
NextGen Healthcare (United States), Philips Wellcentive (Netherland), TriZetto Healthcare (United Staes), Chronic Care Management, Inc.(United States), Citra Health Solutions (United States), Vivify Health, Inc.(United States), CareSync (United States) and CSC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Chronic Care Management Solution market by Type (Medical Reference/Education, Chronic Disease Management, Care Coordination and Others.) and Region.
On the basis of geography, the market of Chronic Care Management Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud-based will boost the Chronic Care Management Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Healthcare Providers will boost the Chronic Care Management Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Chronic Care Management Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The demand for the cloud-based Chronic Care Management Solutions
Market Growth Drivers:
Growing focus of the patient on their general health and wellness and Growth in health care expenditure of people are expected to drive the global chronic care management solutions market during the forecast period
Challenges:
Lack of awareness among the users
Restraints:
Stringent government regulations
Opportunities:
The RIse in the demand for cost-effective disease management among patients and rise in prevalence of chronic diseases such as heart diseases and asthma across the globe is booming the opportunities
Market Leaders and their expansionary development strategies
In November 2023, BehaVR announced the signing of an agreement to merge their businesses and create a new digital care management solution for chronic pain. The new offering will be branded as RealizedCare, and strives to meet the increased demand for evidence-based, more scalable, impactful and economically viable solutions for a range of mental and behavioral health burdens, beginning with chronic pain.
In March 2023, Royal Philips announced the debut of Philips Virtual Care Management, a comprehensive portfolio of flexible solutions and services to help health systems, providers, payers and employer groups more meaningfully motivate and deeply connect with patients from virtually anywhere. Philips Virtual Care Management can help reduce pressure on hospital staff by decreasing emergency department visits, as well as reducing the cost of care through better management of chronic disease
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Chronic Care Management Solution Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.