Europe Chronic Disease Management Market Growth Insights and Outlook to 2028
The Europe Chronic Disease Management Market exhibits strong growth. The market reaches USD 591.09 million by 2028, expanding at a CAGR of 13.7% during 2021–2028. This report analyzes market dynamics, segmentation, drivers, restraints, opportunities, and competitive landscape, based exclusively on Data Bridge Market Research insights.
Understanding Chronic Disease Management
Chronic disease management (CDM) delivers ongoing care via software (EHR, analytics) and services (education, implementation, consulting) to reduce costs and improve life quality. Dominant segments include solutions (especially on-premise) and services (implementation). Key indications: cardiovascular diseases (CVD, leading). End-users favor healthcare providers. Globally, it addresses high chronic burden with digital tools.
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Market Size and Growth Projections
Prevalence and tech adoption drive growth. The market reaches USD 591.09 million by 2028 at a CAGR of 13.7% (2021–2028).
Germany dominates from major players and tech advancement. Countries: Germany, France, U.K., Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Ireland, Rest of Europe.
Market Segmentation
By Type
- Solution → Dominant in 2021 from healthcare expenditure.
- Services
By Solution Type
- On-Premise Solution → Dominant in 2021 from infrastructure.
- Cloud-Based
- Web-Based
By Service Type
- Implementation Services → Dominant in 2021 from demand for advanced CDM.
- Educational Services
- Consulting Services
- Others
By Disease Indication
- Cardiovascular Diseases (CVD) → Dominant in 2021 from early diagnosis rates.
- Diabetes
- COPD
- Arthritis
- Asthma
- Cancer
- Others
By End User
- Healthcare Providers → Dominant in 2021 from advanced services.
- Healthcare Payers
- Others
Key Drivers Fueling Growth
- Growing chronic disease prevalence.
- Increasing geriatric population.
Restraints
- Lack of accessibility.
Opportunities
- Surge in novel technological advancements.
Challenges
- Lack of accessibility (reiterated).
Competitive Landscape
Major players include:
- Koninklijke Philips N.V.
- WellSky
- Health Catalyst
- Cognizant
- Pegasystems Inc.
- Epic Systems Corporation
- Hinduja Global Solutions Ltd.
- NXGN Management, LLC
- Casenet, LLC
- ExlService Holdings, Inc.
- ScienceSoft USA Corporation
- Allscripts Healthcare, LLC.
- Infosys Limited
- IBM Corporation
Recent developments: Many contracts/agreements worldwide; IBM's April 2021 advanced storage launch for hybrid clouds.
Future Trends and Opportunities
Trends emphasize technological advancements. Opportunities in awareness and infrastructure.
Conclusion
The Europe Chronic Disease Management Market advances to USD 591.09 million by 2028 at 13.7% CAGR, managing chronic burdens effectively. Stakeholders should leverage tech to address accessibility and seize awareness opportunities. Prioritizing Germany's lead will ensure managed success.
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