Industry Background:
Chronic diseases are long-lasting conditions which can usually can be controlled but not cured. Chronic diseases tend to develop more common with age. Some of the chronic diseases comprise of heart attacks and stroke, cancer such as breast cancer, colon cancer, diabetes, epilepsy and seizures, obesity, asthma, stroke and oral health problems. and Chronic disease management includes a defined set of interventions mostly aimed at providing high-quality healthcare and a better quality of life to patients. Chronic disease management services comprise a variety of services such as multidisciplinary care, guidelines for the self-management of the chronic disease condition and guidance for healthy behavioral change to increase awareness about various diseases.This growth is primarily driven by Growing incidence of chronic diseases
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as TriZetto Corporation (United States), Phytel Inc. (United States), Pegasystems Inc. (United States), Siemens Healthcare Private Limited (India), AxisPoint Health (United States), Wellcentive, Inc. (United States), Medecision, Inc. (United States), i2i Systems, Inc. (United States), HealthSmart Holdings, Inc. (United States), Allscripts Healthcare Solutions, Inc. (United States), Epic Corporation Inc. (United States), Harmony Information Systems, Inc. (United States) and Infosys Limited (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Royal Philips and Pegasystems Inc. announced a partnership to help managed care providers and accountable care organizations better harness connected devices and health data to tailor care and enhance health outcomes.
Existing players are strengthening their foothold in the industry through various activities such as collaborations, mergers and acquisition, investments and new service launches as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined synergies.
Influencing Trend:
Growth in the medical tourism sector
Market Growth Drivers:
Growing incidence of chronic diseases, Increasing awareness regarding the healthcare management and Progress in healthcare IT
Challenges:
Inadequate patient engagement
Restraints:
High investment required for the infrastructure
Opportunities:
Increasing investment in Research and development and Increasing healthcare expenditure in emerging economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Chronic Diseases Management Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Chronic Diseases Management Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Chronic Diseases Management players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Chronic Diseases Management Study Sheds Light on
The Chronic Diseases Management Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Chronic Diseases Management industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Chronic Diseases Management industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.