The global Population Health Management Market projected to reach USD 91.43 billion by 2026, exhibiting a CAGR of 19.9% during the forecast period. The market in North America generated a revenue of USD 13.84 billion in 2018 and is predicted to grow rapidly during the forecast period owing to the advanced healthcare infrastructure and greater adoption of healthcare IT. The presence of major market players and their products in the region will aid growth in North America. The rising awareness among the patient population towards population health management and home healthcare will enable growth in North America.
Request Sample Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/population-health-management-market-100626
Population Health Management Market Growth Factors:
Increased government spending on digitizing healthcare infrastructure is anticipated to act as the key catalyst for the growth of the global population health management market. For example, under the Digital India Program, the Indian Government plans to digitize healthcare data as one of its twenty-four Mission Mode Projects. This will result in efficient management of financial and human resources. It will also provide a robust back-end support to healthcare organizations and institutions. Rapid adoption of population health management solutions will strengthen the global population health management market.
Besides digitization, population health management tools will enrich healthcare systems by providing real-time insights into patients’ health and help better utilize men and material. “Among the segmentation, advanced population analytics in the application segment is expected to register comparatively higher CAGR,” a lead analyst at Fortune Business Insights points out. “This is mainly owing to the growing demand for the acquisition of real-time insights to plan and formulate strategies to deal with forthcoming healthcare conditions,” she further adds.
Global Population Health Management Market Highlights:
Population Health Management Market size is expected to rise at highest growth rate and will reach remarkable market value during forecast period of 2020 to 2026. Market for Population Health Management is boosted by Governments initiatives to Digitize Healthcare Infrastructure and as Patient Pool Rises.The global population health management market is set to experience tremendous growth opportunities as governments and hospitals seek to improve patient care.
Population health management technologies are expensive and complex. This means that they will be accessible only to a few. Governments too will need to put in huge sums of money to install these solutions. They will also have to invest in capacity-building exercises to maintain the hardware that will come with the software. Developing and underdeveloped countries, as a result, may not be able to employ such technologies on a large scale. Even if the advantages outweigh the costs, poor countries will largely remain indifferent towards adopting modern health management systems. Lack of financial and infrastructural wherewithal is likely to inhibit the free growth of the global population health management market.
Ask For Customization: https://www.fortunebusinessinsights.com/enquiry/customization/population-health-management-market-100626
Geographically the global market is segmented into North America, Asia Pacific, Latin America, the Middle East & Africa.
Increasing focus on the Affordable Care Act is expected to make North America the dominant region in the global population health management market in the forecast period. This is will be supplemented by the growing number of collaborations between information systems companies and healthcare institutions.
Additionally, fear of epidemic outbreaks of diseases such as Ebola and swine flu is pushing healthcare institutions in North America to build more efficient health management systems. Asia-Pacific is the other region which will further expand the global population health management market owing to its rapidly rising population and a steady rate of integration of technology in healthcare to make the sector more intelligent.
LIST OF KEY COMPANIES PROFILED:
- Cerner Corporation
- Allscripts Healthcare, LLC
- Deloitte Touche Tohmatsu Limited
- GE Healthcare (General Electric Company)
- International Business Machines Corporation (IBM)
- Koninklijke Philips N.V.
- McKesson Corporation
- UnitedHealth Group
Get more information on regional Trends and insights: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/population-health-management-market-100626
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245