A recent report by Growth Plus Reports estimated the global Population Health Management Market to be worth US$ 25.3 billion in 2021. From 2022 to 2030, market revenue is expected to grow at a CAGR of 20.1%, reaching US$ 131.52 billion. The most successful strategies, market trends, significant drivers and opportunities, the competitive environment, market size, statistical data, and revenue are all included in the report.
Key Takeaways:
- The growing demand for patient-centric healthcare is driving market revenue.
- The rise of AI in healthcare and personalized medicines is accelerating revenue share.
- The strategic development among prominent players contributes to the increase in advanced technologies.
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Population Health Management Market Scope
|
Report Attribute |
Details |
|
Market size value in 2021 |
US$ 25.3 billion |
|
Revenue forecast in 2030 |
US$ 131.52 billion |
|
Growth Rate |
CAGR of 20.1% from 2022 to 2030 |
|
Base year for estimation |
2021 |
|
Forecast period |
2022-2030 |
|
Segments covered |
Component, mode of delivery, end-user, and region. |
|
Regional scope |
North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
Market Drivers:
The increase in urbanization, the need for affordable healthcare costs for services, and increasing demands for personalized medicines drive the population health management market revenue. Additionally, the rising product portfolio contributes to market revenue expansion to some extent. However, the lack of skilled IT professionals restricts market revenue growth.
Market Segmentation:
Growth plus reports have analyzed the global population health management market from perspectives such as component, mode of delivery, end-user, and region.
Component Segmentation:
Based on components, the global population health management market is segmented into services and software.
The service segment dominates the global market revenue. This significant revenue share is attributed to value-based care.
Mode of Delivery Segmentation:
Based on the mode of delivery, the global population health management market is segmented into on-premises and on-cloud.
The on-cloud segment dominates the global market with the largest revenue share. This large revenue share is attributed to the accessibility of the internet without the active participation of healthcare management.
End-User Segmentation:
Based on end-users, the global population health management market is segmented into payers, healthcare employers, and providers.
The provider’s segment dominates the global market with the largest revenue share. This revenue share is attributed to benefits, such as cost reduction to avail the healthcare services using PHM and rising demands for healthcare providers and patient-centric care.
Regional Growth Dynamics:
Based on regions, the global population health management market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
North America dominates the global market with the largest revenue share. The large revenue share of this region is attributed to developed healthcare infrastructure, adoption of advanced healthcare technologies, expanding government efforts, and increasing investments or funding for improved population health record management services.
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Competitive Landscape:
The list of prominent players operating in the global population health management marke includes:
- Conifer Health Solutions LLC
- eClinicalWorks
- Deloitte Touche Tohmatsu Limited
- Allscripts Healthcare Solutions Inc.
- GE Healthcare (General Electric Company),
- Cotiviti Inc.
- Health Catalyst Inc McKesson Corporation
- Cerner Corporation
- Koninklijke Philips N.V.
- UnitedHealth Group
The market under investigation is fragmented and only somewhat competitive. Domestic and foreign businesses operating in the population health management market focus on creating novel product introductions and expanded R&D operations are keeping an eye on the entrance of new rivals.
Recent Developments:
- In March 2021, to create an integrated radiological patient interaction platform employing real-time digital services as a component of the Patient Management System, Phillips Healthcare worked with openDoctor.
- In April 2021, Kantar Group was purchased by Cerner for just under US$375 million. By this purchase, Kantar’s knowledge of the life sciences was merged with Cerner’s cutting-edge technology and real-world data (RWD) to offer improved PHM services.
Table of Content
- INTRODUCTION
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2020
- Base Year – 2021
- Forecasted Years – 2022 to 2030
- Currency Used in the Report
- RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2021)
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- GLOBAL POPULATION HEALTH MANAGEMENT MARKET- ANALYSIS & FORECAST, BY COMPONENT
- Services
- Software
- GLOBAL POPULATION HEALTH MANAGEMENT MARKET- ANALYSIS & FORECAST, BY MODE OF DELIVERY
- On-premise
- On-cloud
- GLOBAL POPULATION HEALTH MANAGEMENT MARKET- ANALYSIS & FORECAST, BY END-USER
- Payers
- Employer Group
- Providers
Population Health Management Market TOC
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VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market
CUSTOMIZATION OPTIONS:
- Distributor Landscape Assessment
- Pricing Intelligence
- Customer Base Assessment
- Investment & Initiatives Analysis
- ‘Business Profile’ of Key Players
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