Chronic Care Management Software Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theChronic Care Management Software Market?
The chronic care management software market is anticipated to surge in response to the increasing uptake of healthcare information technology (IT) solutions. These constitute digital systems and technologies that aim to enhance patient care, optimize overall health outcomes, and streamline healthcare processes. The need for greater efficiency, superior patient care, operational streamlining, and compliance with regulatory requirements in an increasingly digital healthcare landscape underpins the implementation of healthcare IT solutions. These IT systems facilitate the improvement of care quality for patients living with chronic diseases by fostering improved communication, coordination, and health needs monitoring. For example, a report released by the Healthcare Information and Management Systems Society (HIMSS), a nonprofit organization in the US, in January 2022 showed about 80% of healthcare providers are planning to increase their spending on technology and digital solutions over the next five years. Moreover, a survey by Rock Health, a US health technology firm, in February 2023 revealed that of 8,014 participants, 76% of individuals older than 55 had used telemedicine, and 80% of all respondents had at some point accessed care via telemedicine. This marked an 8% increase from 72% in 2021. Thus, the escalating use of healthcare IT solutions is contributing to the expansion of the chronic care management software market.
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#What Long-Term Growth Rate is Expected for theChronic Care Management Software Market Between 2025 and 2034?
The market size for chronic care management software has seen speedy expansion in the past years. It is projected to escalate from $13.44 billion in 2024 to $15.38 billion in 2025, with a compound annual growth rate (CAGR) of 14.4%. The growth observed in the historical period can be traced back to factors like the rising occurrence of chronic illnesses, the increasing elderly population, the focus on patient-oriented care, increased demand for remote patient supervision, and mounting healthcare costs.
Expectations are high for considerable expansion in the chronic care management software market in the coming years, with predictions valuing it at $26.35 billion in 2029, representing a 14.4% compound annual growth rate (CAGR). Numerous factors driving this predicted growth include the increased use of telemedicine and virtual care, a greater emphasis on preventive care, rising demand for healthcare solutions that can interact with each other, growing healthcare consumerism, and regulatory bodies lending their support for initiatives focused on chronic care management. Forecast trends to keep an eye on include individualized management of chronic diseases, the adoption of wearables and devices connected to the internet of things (IoT), the integration of telehealth platforms, the application of predictive analytics towards more proactive care strategies and the use of remote patient monitoring technologies.
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What Key Market Trends and Innovations Are Shaping the Future of theChronic Care Management Software Industry?
Major companies operating in the chronic care management software market are increasing their focus on developing advanced solutions, such as EHR-integrated software, to gain a competitive advantage through improved patient outcomes, enhanced care coordination, and streamlined workflows for healthcare providers. EHR-integrated software for chronic care streamlines patient management by seamlessly connecting real-time health data, treatment plans, and communication tools within a unified electronic health record system. For instance, in March 2024, Rimidi, a US-based digital health company, launched The Rimidi Care Network, a partnership program for remote monitoring clinical service providers aimed at broadening access to remote patient monitoring (RPM) services. This initiative is designed to connect healthcare providers, payers, and technology vendors, allowing them to offer Rimidi’s solutions more effectively across a wider range of healthcare settings. By integrating with electronic health records (EHR) and delivering user-friendly RPM tools, Rimidi intends to help organizations enhance patient engagement, especially for managing chronic conditions. The program aims to streamline remote care services, improve outcomes, and expand access to populations that benefit from remote health monitoring.
Which Companies Are Leading the Charge in Expanding theChronic Care Management Software Market Growth?
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.
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How is the Global Chronic Care Management Software Market Segemented?
The chronic care management software market covered in this report is segmented –
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, Other Applications
4) By End User: Hospitals, Clinics, Specialty Centers, Other End Users
Subsegments:
1) By Standalone Software: Remote Patient Monitoring Software, Chronic Disease Tracking Software, Appointment Scheduling Software, Medication Management Software, Patient Engagement Software, Electronic Health Records (EHR) Software, Data Analytics and Reporting Tools
2) By Integrated Software: Integrated Chronic Care Management Platforms, Telehealth and Telemedicine Integration, Health Information Exchange (HIE) Systems, Care Coordination and Communication Tools, Population Health Management Solutions, Billing and Revenue Cycle Management Integration, Patient Portal and Mobile App Integration
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Which Geographics are Influencing the Growth of the Chronic Care Management Software Market?
North America was the largest region in the chronic care management software market in 2024. 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.
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