Population health management market Research Report Information By Component (Hardware, Software, Service and Others), By Solution (Data Integration & Management, Analytics and Others), By Delivery Mode (On-premise and Cloud), By End User (Healthcare Providers, Healthcare Payers and Government Organizations), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Forecast Till 2030
The Population health management market Size was valued at USD 68.4 billion in 2021 and is projected to grow from USD 81.5 billion in 2022 to USD 278.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 19.20% during the forecast period (2022 – 2030). A rise in the older population, a rise in the amount of money spent on healthcare per person, and a rise in the use of the Internet of Things (IoT) for healthcare are some of the major market driver boosting the PHM industry.
Global Population Health Management Market refers to the healthcare industry that focuses on improving the health and well-being of populations on a global scale. This market is characterized by an integration of various healthcare and wellness services, technologies, and practices aimed at addressing the health needs of individuals, families, and communities. The market is driven by factors such as the increasing burden of chronic diseases, the need for cost-effective healthcare, and the growing demand for patient-centered care.
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The COVID-19 pandemic has had a profound impact on the global population health management market. The sudden outbreak of the virus and the widespread nature of its spread have created a high demand for health services, as well as for healthcare technologies and products that can help address the virus.
The COVID-19 pandemic has created significant challenges for the population health management market. The lockdowns and social distancing measures have disrupted the delivery of in-person healthcare services, leading to a decline in patient volume and revenue for many healthcare providers.
Population Health Management Market Segmentation
The global market of population health management has been segmented into Component, solution and end-user.
Based on the component, the market has been segmented into Hardware and Software and services.
Based on the solution, the market has been segmented into Data Integration and Management, Analytics and Others
Based on the end-user, the market has been segmented into Healthcare Providers, Healthcare Payers and Government organizations
Population Health Management Market Key Players
Some of the key market players:
- Forward Health Group
- Epic Systems Corporation
- Koninklijke Philips
- Citra Health Solutions
- Population Health
- Conifer Health Solutions
- Health Catalyst
- Orion Health
Population Health Management Market Regional Analysis
The largest region of the global population health management market is North America. This can be attributed to a number of factors, including the high level of healthcare spending in the region, the presence of leading healthcare providers and technology companies.
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In North America, the United States is the largest market for population health management, driven by the increasing prevalence of chronic diseases such as diabetes and heart disease, as well as by the growing demand for cost-effective and patient-centered care.
Other regions such as Europe and Asia-Pacific are also growing rapidly and are expected to become major markets for population health management in the coming years.
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