Healthcare

New Research on the Population Health Management Market Predicts it to Witness Healthy Growth During the Forecast Period

Population Health Management Market

The population health management market size is set to cross $48.1 billion by 2022, growing at a CAGR of 23.3% between 2016-2022. The growing geriatric population, increasing prevalence of chronic diseases, Affordable Care Act, increasing investments by HIT players and increasing healthcare spending are driving the growth of the PHM market.

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Although, the PHM market is largely concentrated in the U.S., emerging economies such as China, India and Brazil offer ample growth opportunities. Huge unexplored market in the Asia and other developing regions create huge revenue generation opportunities for PHM vendors. The healthcare industry is witnessing significant growth in these countries. In addition, the large population base and improving healthcare infrastructure create suitable platform for the penetration of PHM in these countries. Moreover, low healthcare cost in these regions is driving the medical tourism industry in these countries. The healthcare providers in these countries are depending on the electronic health records for tracking patient history. PHM programs offer better healthcare at lower cost for such patients. The governments in these countries are moving towards universal healthcare coverage, therefore, increasing the healthcare access in these countries. The rapid adoption of health analytics and development of healthcare information infrastructure in emerging economies would offer ample growth opportunities for the population health management market in the coming years.

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Some of the key companies operating in the PHM market include Cerner Corporation, McKesson Corporation, Allscripts Healthcare Solutions Inc., Wellcentive Inc., Conifer Health Solutions LLC., IBM Corporation, Optum, Inc., and Health Catalyst LLC.

Global Population Health Management Market Segmentation

By Delivery Mode

  • Web based
  • Cloud based
  • On-premise

By Component

  • Software
  • Service

By End User

  • Healthcare provider
  • Healthcare payer
  • Employer group
  • Government bodies

By Geography

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia
    • Japan
    • Rest of Asia
  • Rest of the World (RoW)

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