Population Health Management Market Share, Size and Development Trends of Analysis Report 2025

Felton, California , USA, Dec 1 2021 — /EPR Network/ — Global Population Health Management Market report offers the latest industry trends, technological alteration and forecast data. A deep-dive view of Population Health Management industry based on its size, growth, development plans, and opportunities is offered by this report. The forecast information, SWOT analysis, Population Health Management barriers, and feasibility study are the vital aspects evaluated in this report.

 

Global Population Health Management Market is expected to reach USD 88.9 billion by 2025. Population Health Management is the combination of patient data across many health information technology resources and a management within healthcare industry that facilitates and studies care distribution across the general population. The main aim of PHM is to examine, collect, and regularize clinical data to recover the patients’ health and the provider’s financial results. The Population Health Management industry is estimated to grow at a significant CAGR over the future period as the scope and its applications are rising enormously across the globe.

 

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Growing geriatric population and occurrence of chronic disease, government initiative for the deterrence of long-lasting diseases and acceptance of HCIT, and rising use of enhanced big data and IT technologies are documented as major factors of Population Health Management that are estimated to enhance the growth in the years to come. However, lack of knowledge and high cost may restrain overall market growth in the coming years. Population Health Management Market is segmented based on component, mode of delivery, end user, and region.

 

Services and software are the two important components of Population Health Management industry that could be explored in forecast period. software segment accounted for the largest market share of Population Health Management and is estimated to lead the overall market in coming years. Mode of delivery may on-premise, web-based, and cloud-based that could be explored in the Market in the foremost period.

 

The market may be categorized based on end users like government bodies, healthcare providers, employer groups, healthcare payers, and others could be explored in foremost period. the healthcare providers sector accounted for the largest market share and is estimated to continue its dominance in the coming years. This may be because of application of Hospital Readmissions Reduction Program and Affordable Care Act in the United States to lower the healthcare cost. Also, healthcare payers sector is estimated to grow at highest CAGR in the coming years. these payers are the third party entities like insurance carriers and known to be a financer or reimburse the cost of health services.

 

Globally, North America accounted for the largest market share in 2016 and is estimated to lead the overall market in the coming years. The United States is a major consumer of Population Health Management in this region. This may be because of application of the affordable care act (ACA).Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth.

 

The key players of Population Health Management Market are Verscend Technologies, Inc., Cerner Corporation, i2i Population Health, McKesson Corporation, Wellcentive Inc., Allscripts Healthcare Solutions, Inc., Health Catalyst, LLC, Healthagen, LLC., Conifer Health Solutions, LLC, OptumHealth, Epic Corporation, Inc., and IBM Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

 

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