The Middle East and Africa Chronic Disease Management Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.7% in the forecast period of 2021 to 2028 and is expected to reach USD 591.09 million by 2028. The growing prevalence of chronic diseases is expected to act as a driver for the chronic disease management market.
Chronic disease management (CDM) is ongoing care and support to assist individuals impacted by a chronic health condition with the medical care, knowledge, skills, and resources they need to better manage on a day-to-day basis. It is primarily provided by various software and services. Chronic disease management assists in reducing health care costs and improving the quality of life for individuals with chronic conditions by preventing or minimizing the effects of the disease through integrated care.
The increasing geriatric populace is expected to boost the chronic disease management market. The lack of accessibility is expected to restrain the chronic disease management market. The surge in novel technological advancements is expected to create an opportunity for the chronic disease management market. The lack of accessibility is expected to pose a challenge for the chronic disease management market.
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Middle East and Africa Chronic Disease Management Market Country Level Analysis
Middle East and Africa chronic disease management market is analyzed and market size information is provided by the country, type, solution type, service type, disease indication and end user as referenced above.
The countries covered in the Middle East and Africa chronic disease management market report are Saudi Arabia, South Africa, UAE, Israel, Egypt and the rest of Middle East and Africa.
Saudi Arabia is expected to dominate the Middle East and Africa chronic disease management market due to the presence of major market players and increased technological advancement in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growing Strategic Activities by Major Market Players to enhance the Awareness for Chronic Disease Management is Boosting the Chronic Disease Management Market
The chronic disease management market also provides you with detailed market analysis for every country's growth in the chronic disease management market. Additionally, it provides detailed information regarding the chronic disease management market players’ strategy and their geographical presence. The data is available for historic periods 2010 to 2019.
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Competitive Landscape and Chronic Disease Management Market Share Analysis
The chronic disease management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the Middle East and Africa chronic disease management market.
The major companies dealing in the Middle East and Africa chronic disease management market report are Koninklijke Philips N.V., Cognizant, Pegasystems Inc., Epic Systems Corporation, Hinduja Global Solutions Ltd., NXGN Management, LLC, Health Catalyst, ExlServings Holdings, Inc., ScienceSoft USA Corporation, Infosys Limited, IBM Corporation among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many contracts and agreements are also initiated by the companies’ worldwide which are also accelerating the chronic disease management market.
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Chronic Disease Management Market Scope and Market Size
The chronic disease management market is segmented on the basis of the type, solution type, service type, disease indication and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the chronic disease management market is segmented into solutions and services. In 2021, the solution segment is expected to dominate the chronic disease management market due to the surge in novel technological advancement.
On the basis of solution type, the chronic disease management market is segmented into on-premise solution, cloud-based solution and web-based. In 2021, the on-premise solution segment is expected to dominate the chronic disease management market due to rising strategic initiatives by key players.
On the basis of service type, the chronic disease management market is segmented into education service, implementation service, consulting service and others. In 2021, the implementation services segment is expected to dominate the chronic disease management market due to the increasing prevalence of chronic diseases.
On the basis of disease indication, the chronic disease management market is segmented into cardiovascular diseases (CVD), diabetes, chronic obstructive pulmonary disorders (COPD), arthritis, asthma, cancer and others. In 2021, cardiovascular diseases (CVD) segment is expected to dominate the chronic disease management market due to increased reimbursement policies.
On the basis of end user, the chronic disease management market is segmented into healthcare providers, healthcare payers and others. In 2021, healthcare providers segment is expected to dominate the chronic disease management market due to rise in awareness regarding the healthcare management service.
Middle East and Africa Chronic Disease Management Market Report Answers the Following Questions:
What is the current size and growth rate of the Middle East and Africa Chronic Disease Management Market?
What are the major drivers of the Middle East and Africa Chronic Disease Management Market?
What are the major trends in the Middle East and Africa Chronic Disease Management Market?
Who are the key players in the Middle East and Africa Chronic Disease Management Market?
What is the market segmentation of the Middle East and Africa Chronic Disease Management Market by product type?
What is the market segmentation of the Middle East and Africa Chronic Disease Management Market by end-user?
What is the market segmentation of the Middle East and Africa Chronic Disease Management Market by region?
What are the major challenges faced by the Middle East and Africa Chronic Disease Management Market?
What are the opportunities for new players in the Middle East and Africa Chronic Disease Management Market?
What is the future outlook for the Middle East and Africa Chronic Disease Management Market?
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