
According to the latest report by IMARC Group, titled "Global Population Health Management Market Report Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global population health management market reached a value of US$ 48.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 163.3 Billion by 2027 exhibiting a CAGR of 21.30% during 2022-2027.
Population
health management (PHM) is the system of classifying individuals in the
healthcare, pharmaceutical, and insurance sectors. It collects and analyzes
health-related data of patients to provide a wide variety of services such as
patient engagement, care coordination, integration, value-based care
measurement, data analytics, and health information management. PHM is a
patient-friendly platform that maintains and improves the health conditions of
different groups. It also regulates the treatment costs by providing
cost-effective alternatives, eases patient communication, reduces risk
stratification, improves data aggregation, and care coordination.
Report
Metric |
Historical:
2016-2021 |
Base Year:
2021 |
Forecast
Year: 2022-2027 |
Population Health
Management Market Trends and Drivers:
The global
PHM market is primarily driven by the rising instances of chronic and acute
diseases, especially among the geriatric population. In addition to this, PHM
provides real-time access as well as medical information to both patients and
healthcare providers, thus fueling the market growth.
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Nowadays,
the increasing penetration of IT solutions in business intelligence solutions
and data analytics is creating a positive outlook for the market. Besides this,
the integration of advanced analytics solutions is also enhancing the digital
delivery of data and the generation of precise models.
Furthermore,
technological advancements in the PHM system that offers faster and more
accurate diagnoses, coupled with the adoption of personalized medicine are
anticipated to facilitate market growth in the upcoming years.
Note: We are
regularly tracking the direct effect of COVID-19 on the market, along with the
indirect influence of associated industries. These observations will be
integrated into the report.
Global Population
Health Management Market 2022-2027 Analysis and Segmentation:
Competitive
Landscape:
The
competitive landscape of the market has been studied in the report with the
detailed profiles of the key players operating in the market.
Allscripts
Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation,
eClinicalWorks, Health Catalyst Inc., International Business Machines
Corporation, Koninklijke Philips N.V., Lightbeam Health Solutions, McKesson
Corporation, Nextgen Healthcare Inc., Optum Inc. (UnitedHealth Group
Incorporated) and Symphony Performance Health Inc. (Press Ganey
Associates).
The report has segmented the market on the
basis of region, component, mode of delivery and end user.
Breakup by
Component:
· Software
· Services
Breakup by Mode of
Delivery:
· Cloud-based
· Web-based
· On-premises
Breakup by End User:
· Healthcare
Providers
· Healthcare
Payers
· Employer
Groups
· Government
Bodies
Breakup by
Region:
- North America: (United States,
Canada)
- Asia Pacific: (China,
Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United
Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico,
Others)
- Middle East and Africa
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Key
highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success
Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the
Competitive Landscape
If you need
specific information that is not currently within the scope of the report, we
can provide it to you as a part of the customization.
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company’s expertise.
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