Chronic Care Management Software Global Market Report 2024

Description

Chronic care management software is a digital solution designed to assist healthcare providers in efficiently managing and coordinating care for patients suffering from chronic conditions. This software simplifies care delivery processes, enables the monitoring of patient progress, and aims to improve outcomes for individuals grappling with chronic health issues.

The primary types of chronic care management software include standalone software and integrated software. Standalone chronic care management software operates independently from other healthcare software systems, providing specialized functionalities tailored to managing chronic conditions without integration with broader electronic health record (EHR) or practice management systems. The deployment models encompass cloud-based, web-based, and on-premise approaches, catering to various applications such as chronic disease management, case management, communication and collaboration, among others. These solutions are utilized by end users such as hospitals, clinics, specialty centers, and others in the healthcare industry.

The chronic care management software research report is one of a series of new reports from The Business Research Company that provides chronic care management software market statistics, including the chronic care management software industry's global market size, regional shares, competitors with an chronic care management software market share, detailed chronic care management software market segments, market trends and opportunities, and any further data you may need to thrive in the chronic care management software industry. This chronic care management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The chronic care management software market size has grown rapidly in recent years. It will grow from $11.78 billion in 2023 to $13.44 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. The growth witnessed during the historical period can be attributed to various factors. These factors include the rising prevalence of chronic diseases, an expanding aging population, a heightened focus on patient-centered care, an increasing demand for remote patient monitoring solutions, and the upward trajectory of healthcare costs.

The chronic care management software market size is expected to see rapid growth in the next few years. It will grow to $23.05 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. In the forecast period, growth is expected to be driven by the uptake of telemedicine and virtual care services, a heightened emphasis on preventive healthcare, a rising demand for healthcare solutions that can seamlessly integrate and share data, an increase in patient-driven healthcare decision-making, and regulatory backing for chronic care management initiatives. Key trends anticipated during this period include personalized chronic disease management, the adoption of wearable technology and IoT devices, the integration of telehealth platforms into healthcare delivery systems, the utilization of predictive analytics to enable proactive care, and the implementation of remote patient monitoring technologies.

The expanding utilization of healthcare information technology (IT) solutions is poised to drive the chronic care management software market forward. Healthcare IT solutions encompass digital technologies and systems aimed at streamlining healthcare processes, enhancing patient care delivery, and improving overall healthcare outcomes. The adoption of healthcare IT solutions is driven by the imperative to enhance efficiency, elevate patient care standards, streamline operations, and meet regulatory requirements within an increasingly digitalized healthcare landscape. Leveraging various IT solutions, chronic care management software enhances the quality of care for patients with chronic conditions by facilitating improved communication, coordination, and monitoring of their healthcare needs. Notably, a January 2022 report from the Healthcare Information and Management Systems Society (HIMSS) highlighted that 80% of healthcare providers intend to enhance their investments in technology and digital solutions over the next five years. Additionally, statistics from the Office of the National Coordinator for Health Information Technology (ONC) indicate that by 2021, nearly 88% of U.S. office-based physicians had adopted any electronic health record (EHR), with around 78% implementing certified EHR systems. Thus, the growing adoption of healthcare IT solutions is a key driver propelling the chronic care management software market.

Leading companies in the chronic care management software market are intensifying their focus on developing advanced solutions such as ConnectedCare365 to gain a competitive edge. ConnectedCare365 is a digital platform designed to remotely monitor and manage individuals' health metrics and chronic conditions, facilitating proactive care delivery and improving health outcomes. For instance, in May 2021, Geisinger, a US-based health and wellness organization, introduced ConnectedCare365, an innovative care delivery model. This platform incorporates features such as remote patient monitoring, artificial intelligence integration, data analysis tools, direct communication, patient engagement capabilities, coverage of various clinical initiatives, and assistance in care transition post-hospital discharge. The integration of artificial intelligence and data analytics in this system enhances patient outcomes, care coordination, and engagement, setting a new standard in the chronic care management software market by prioritizing personalized care plans, proactive interventions, and cost-effective healthcare delivery.

In August 2023, MD Revolution, a digital health software provider based in the United States, completed the acquisition of NavCare for an undisclosed sum. Through this strategic acquisition, MD Revolution aims to introduce enhanced clinical and patient management tools, sophisticated patient engagement applications, seamless bi-directional integrations, scaled services, an expanded leadership team, improved capabilities, and sustained growth. This move significantly enhances remote patient care management services, underlining the pivotal role of advanced technologies in the chronic care management software market. NavCare, the acquired entity, specializes in chronic care management solutions and programs, complementing MD Revolution's objectives and strengthening its position in the industry.

Major companies operating in the chronic care management software market are McKesson Corporation, International Business Machines Corporation, Siemens Healthineers, Cognizant Technology Solutions, Koninklijke Philips N.V., Infosys Limited, Cerner Corporation, Epic Systems Corporation, EXL Service Holdings Inc, Allscripts Healthcare Solutions Inc., eClinicalWorks LLC, Waystar Revenue Cycle Technology, NextGen Healthcare Inc., MEDITECH, Medecision Inc, Greenway Health LLC, Vivify Health Inc., Casenet LLC, AdvancedMD Inc., Practice Fusion, ZeOmega Inc, Kareo Billing, ScienceSoft USA Corporation, Azalea Health, Care Sync (Vatica Health), InSync Healthcare Solutions, RxNT, ClinicTracker EHR, zHealth EHR, Chronic Care Management Inc.

North America was the largest region in the chronic care management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chronic care management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the chronic care management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The chronic care management software market consists of revenues earned by entities by providing services such as remote patient monitoring, care coordination, medication management, telehealth consultations, patient education, and personalized care plans. The market value includes the value of related goods sold by the service provider or included within the service offering. The chronic care management software market also includes sales of products such as Electronic health records (EHR), patient portals, mobile applications, analytics tools, communication platforms, and interoperability solutions. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Type: Standalone Software; Integrated Software
2) By Deployment: Cloud-Based; Web-Based; On-Premise
3) By Application: Chronic Disease Management; Case Management; Communication And Collaboration
4) By End User: Hospitals; Clinics; Specialty Centers
Covering: McKesson Corporation; International Business Machines Corporation; Siemens Healthineers; Cognizant Technology Solutions; Koninklijke Philips N.V

Product Code: r17310

1. Executive Summary

2. Chronic Care Management Software Market Characteristics

3. Chronic Care Management Software Market Trends And Strategies

4. Chronic Care Management Software Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Chronic Care Management Software Market Size and Growth

5.1. Global Chronic Care Management Software Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Chronic Care Management Software Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Chronic Care Management Software Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Chronic Care Management Software Market Segmentation

6.1. Global Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Standalone Software
Integrated Software
6.2. Global Chronic Care Management Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cloud-Based
Web-Based
On-Premise
6.3. Global Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Chronic Disease Management
Case Management
Communication And Collaboration
Other Applications
6.4. Global Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hospitals
Clinics
Specialty Centers
Other End Users

7. Chronic Care Management Software Market Regional And Country Analysis

7.1. Global Chronic Care Management Software Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Chronic Care Management Software Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Chronic Care Management Software Market

8.1. Asia-Pacific Chronic Care Management Software Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Chronic Care Management Software Market

9.1. China Chronic Care Management Software Market Overview
9.2. China Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Chronic Care Management Software Market

10.1. India Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Chronic Care Management Software Market

11.1. Japan Chronic Care Management Software Market Overview
11.2. Japan Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Chronic Care Management Software Market

12.1. Australia Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Chronic Care Management Software Market

13.1. Indonesia Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Chronic Care Management Software Market

14.1. South Korea Chronic Care Management Software Market Overview
14.2. South Korea Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Chronic Care Management Software Market

15.1. Western Europe Chronic Care Management Software Market Overview
15.2. Western Europe Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Chronic Care Management Software Market

16.1. UK Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Chronic Care Management Software Market

17.1. Germany Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Chronic Care Management Software Market

18.1. France Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Chronic Care Management Software Market

19.1. Italy Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Chronic Care Management Software Market

20.1. Spain Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Chronic Care Management Software Market

21.1. Eastern Europe Chronic Care Management Software Market Overview
21.2. Eastern Europe Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Chronic Care Management Software Market

22.1. Russia Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Chronic Care Management Software Market

23.1. North America Chronic Care Management Software Market Overview
23.2. North America Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Chronic Care Management Software Market

24.1. USA Chronic Care Management Software Market Overview
24.2. USA Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Chronic Care Management Software Market

25.1. Canada Chronic Care Management Software Market Overview
25.2. Canada Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Chronic Care Management Software Market

26.1. South America Chronic Care Management Software Market Overview
26.2. South America Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Chronic Care Management Software Market

27.1. Brazil Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Chronic Care Management Software Market

28.1. Middle East Chronic Care Management Software Market Overview
28.2. Middle East Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Chronic Care Management Software Market

29.1. Africa Chronic Care Management Software Market Overview
29.2. Africa Chronic Care Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Chronic Care Management Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Chronic Care Management Software Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Chronic Care Management Software Market Competitive Landscape And Company Profiles

30.1. Chronic Care Management Software Market Competitive Landscape
30.2. Chronic Care Management Software Market Company Profiles
- 30.2.1. McKesson Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. International Business Machines Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Siemens Healthineers
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Cognizant Technology Solutions
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Koninklijke Philips N.V.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Chronic Care Management Software Market Other Major And Innovative Companies

31.1. Infosys Limited
31.2. Cerner Corporation
31.3. Epic Systems Corporation
31.4. EXL Service Holdings Inc
31.5. Allscripts Healthcare Solutions Inc.
31.6. eClinicalWorks LLC
31.7. Waystar Revenue Cycle Technology
31.8. NextGen Healthcare Inc.
31.9. MEDITECH
31.10. Medecision Inc
31.11. Greenway Health LLC
31.12. Vivify Health Inc.
31.13. Casenet LLC
31.14. AdvancedMD Inc.
31.15. Practice Fusion

32. Global Chronic Care Management Software Market Competitive Benchmarking

33. Global Chronic Care Management Software Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Chronic Care Management Software Market

35. Chronic Care Management Software Market Future Outlook and Potential Analysis

35.1 Chronic Care Management Software Market In 2028 - Countries Offering Most New Opportunities
35.2 Chronic Care Management Software Market In 2028 - Segments Offering Most New Opportunities
35.3 Chronic Care Management Software Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer