Population Health Management Market Revenue, Industry Demand Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Population Health Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global population health management industry trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Population Health Management Market?
The global
population health management market size reached US$ 60.6 Billion in 2022.
Looking forward, IMARC Group expects the market to reach US$ 194.3 Billion by
2028, exhibiting a growth rate (CAGR) of 19.2% during 2023-2028.
Population health
management (PHM) is a strategic approach to healthcare that focuses on
enhancing the health outcomes of an entire population or a specific group of
individuals. It involves the systematic application of various interventions,
services, and resources to address the health needs and preferences of a
defined population and consider the social determinants of health that
influence their well being. It relies heavily on data analytics to identify and
stratify the population based on risk factors, health conditions, and
utilization patterns that enables healthcare providers and organizations to
target interventions effectively.
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What are the growth prospects and trends in the population health management industry?
The surging
occurrence of chronic diseases, such as cardiovascular diseases (CVDs),
diabetes, neurological diseases, and obesity, represents one of the primary
factors driving the demand for effective management through PHM to minimize the
impact on individuals and the healthcare system around the world.
In addition,
the rising adoption of PHM solutions to improve clinical outcomes for patients
by offering access of medical information among healthcare professionals in
various medical specialties is contributing to the market growth.
Apart from this, the growing investment by employers in PHM programs to enhance employee health and well-being, which leads to a healthier and more productive workforce, is creating a positive outlook for the market.
Report Segmentation:
The report has segmented the market into the following categories:
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
• 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
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the companies 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).
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