Chronic Care Management Software Market Size Worth $32.29 Billion By 2032 | CAGR: 12.0%

The global chronic care management software market size is expected to reach USD 32.29 billion by 2032, according to a new study by Polaris Market Research. The report “Chronic Care Management Software Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Solution); By Deployment; By Disease Type; By End-user; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing geriatric population, increasing demand for patient-centric care, and need on reduction of healthcare costs are driving the market growth. Moreover, the diseases such as heart failure, hypertension, and diabetes are on the rise among people aged 35 and above. This highlights the factors such as minimal preventive care, inadequate insurance and lack of engagement between patient and caregiver. Thus, to reduce these challenges associated with the chronic care, many companies are focusing on providing chronic care management services. For instance, in September 2023, Panda Health announced the addition of new category named Chronic Care Management+. The services offered under this category are to address the requirements of basic and complex chronic care management.

The growing focus of market players on strategic initiatives such as partnerships and new product launches is expected to further propel the market. For instance, in September 2023, Best Buy Health announced a partnership with Geisinger to improve the chronic disease management at patient’s home. Moreover, in November 2023, Capital Rx announced its partnership with Vida Health to launch Rx Activate, a chronic condition management program that focuses primarily on the prevention and management of prediabetes, diabetes, hypertension, asthma, and COPD among others.

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Ageing population across the world is increasing the demand for CCM software as the people above the age of 60 require more frequent and specialized care. According to the research published by National Council on Aging, Inc. (NCOA) in August 2023, approximately 95% of adults with the age 60 and more have at least one chronic condition. Moreover, the need for patient-centric care due to its advantages such as reduction in unnecessary procedures and improvement in patient health are also driving the market growth. Additionally, increasing implementation of HCIT solutions across the healthcare facilities is expected to boost the adoption of chronic care management software during the forecast period.

Chronic Care Management Software Market Report Highlights

• The cloud-based segment is expected to register the significant growth, on account of its accessibility to information from any place or device.
• Hypertension segment held the largest share, due to its presence of large patient pool suffering from hypertension
• Healthcare providers segment dominated the market, primarily due to increasing patient base and rising demand for patient-centric care
• North America dominated the market, owing to the presence of large patient population pool suffering from the chronic diseases
• Key companies include Allscripts Healthcare Solutions Inc, Caremerge, EXL Service Holdings Inc, Medicision Inc, Vivify Health Inc, ZeOmega Inc, and Zyter

Polaris Market Research has segmented the chronic care management software market report based on component, deployment, disease type, end-user, and region:

Chronic Care Management Software, Component Outlook (Revenue - USD Billion, 2019 - 2032)

• Software
• Solution

Chronic Care Management Software, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)

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

Chronic Care Management Software, Disease Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Cardiovascular Diseases
• Respiratory Diseases
• Oncology
• Diabetes
• Hypertension
• Others

Chronic Care Management Software, End-user Outlook (Revenue - USD Billion, 2019 - 2032)

• Healthcare Providers
• Healthcare Payers
• Others

Chronic Care Management Software, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Chronic Care Management Software Market Report Scope