Population Health Management Market: Global Industry Analysis and Forecast (2021-2027) by Component, Mode of Delivery, and End-user Region

By 2027, the Population Health Management Market is expected to reach the US $ 57.6 billion, The report analyzes Population Health Management Market dynamics by region and Mode of Delivery industries.

Population Health Management Market Overview:

The gathering of patient data across numerous health information technology resources, the processing of that data into a single, actionable patient record, and the actions taken by care providers to enhance both clinical and financial results are all part of population health management. By monitoring and identifying individual patients within a group, population health management (PHM) aims to improve the health outcomes of that group. PHM programs often aggregate data and give a thorough clinical picture of each patient using a business intelligence (BI) tool. Providers may track and potentially improve healthcare outcomes while cutting expenses with this data. Population Health Management Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done good in lockdown also and specific strategic analysis of those companies is done in the report

Population Health Management Market Dynamics:

Population Health Management Market size was valued at US$ 23.6 Bn in 2020 and the total revenue are expected to grow at 13.6% through 2021 to 2027, reaching nearly US$ 57.6 Bn. Over the last few decades, the entire cost of healthcare has risen dramatically. The demand for healthcare services is driven by factors such as rising health insurance costs, increased demand for quality healthcare services, the growing number of older people, and the rising incidence of chronic conditions around the world. Patient readmissions, medical errors, and administrative expenditures are all elements that contribute to the high cost of healthcare services. According to the United Nations Population Division, the worldwide aging population will grow from 880 million in 2011 to 2 billion by 2050, accounting for 22% of the global population. If nothing is done, healthcare costs will rise by 25% by 2030, owing mostly to the aging population. The United States is currently confronting significant hurdles in combating rising healthcare expenditures. In 2019, healthcare accounted for 17.7% of US GDP; by 2035, this proportion is expected to rise to 26.0 % (the highest across the globe). Population health management is a high-capital industry. A majority of healthcare providers around the world now have the insufficient infrastructure, including technology, employees, data, and other resources, to handle complex healthcare issues. Providers must invest considerably in infrastructure development to manage a complete population. Increased storage and processing capacities will necessitate investments in IT infrastructure. To enable patient participation and health information interchange, web-based and mobile technologies, such as Android and iOS apps, must be developed. The investments required to build this infrastructure will put pressure on healthcare providers' already stretched financial resources. Because healthcare services are projected to be offered at patients' homes to boost efficiency and decrease costs, additional expenditures would be required to maintain the infrastructure at the site of treatment as well as remotely. Furthermore, the financial benefits of population health management take time to manifest, making stakeholders wary of making large investments. Healthcare businesses can use advanced analytics and predictive modeling technologies to treat each patient individually, resulting in the best potential outcomes. Over time, analytics has become more widely used to tailor cancer and other disease treatment. In this context, the National Health Service (NHS) in the United Kingdom announced a five-year plan to sequence the genomes of roughly 100,000 people. This research will be carried out by a new business called Genomics England Limited, which has been given a budget of USD 160.9 million (GBP 100 million). This project's findings will be used in cancer treatment and research, as well as other rare disorders. The information will also aid in the development of novel pharmacological treatments and therapies. Collaboration, Partnerships, Launches, and acquisitions- • Patient Flow Management Solution was launched by Phillips Healthcare (Netherlands) in February 2021. The solution provides complete remote information access and allows for a fully portable configuration in an emergency. • Cerner (US) purchased a health branch of Kantar Group in December 2020, and this acquisition is expected to increase Cerner's offering in clinical research and population health as it expands its data business. • Phillips Healthcare (Netherlands) joined with openDoctor in March 2021. (US). As part of Philips' Patient Management Solution, this cooperation aims to create an integrated radiological patient interaction platform that uses openDoctor's real-time online appointment booking capabilities. • Allscripts and Manorama Infosolutions collaborated in February 2020. (India). Manorama formed the collaboration in order to combine the Allscripts interoperability platform, dbMotion Solution, with the Lifeline Suite of solutions, allowing it to expand its reach into India and other emerging regions.

Population Health Management Market Segment Analysis:

Based on Component, The population health management market is divided into software and services based on component type. The software category will account for the majority of the market share in 2020. It is expected to grow at a CAGR of 14.0 % to USD 34.1 billion by 2026, up from USD 17.7 billion in 2021. The increasing adoption of software solutions by payers and providers to minimize readmissions, boost cost-effectiveness, improve operational efficiency, promote patient engagement, and facilitate data integration and analysis can be credited to this segment's dominance. Population Health Management Market 1 Based on Mode of Delivery, End-users can access population health management solutions via on-premise and/or cloud-based delivery methods. In 2020, the on-premise solutions segment had the largest market share of 63.9 %. The benefits of on-premise delivery, such as solution customization, lower risk of data breaches, and the possibility to reuse existing servers and storage infrastructure, are driving its rising use in the population health management market. Based on End-user, The healthcare providers category held the greatest share of the population health management market in 2020, accounting for 67.0 %. The Affordable Care Act and Hospital Readmissions Reduction Program (both aimed at lowering healthcare costs through the use of novel population health management solutions) in the United States, as well as the high demand for these solutions among healthcare providers across regions, are responsible for the large share of this segment.

Population Health Management Market Regional Insights:

North America is estimated to dominate the growth of the Population Health Management Market. In 2020, North America held the greatest share of the worldwide population health management market, accounting for 75.1 %. In North America, factors such as rising federal healthcare mandates to contain rising healthcare costs, increasing regulatory requirements, growing adoption of EHRs, and rising government initiatives focusing on personalized medicine and value-based reimbursements are expected to drive market growth. For market players, the Asia Pacific market, which includes India, China, Japan, and the Rest of Asia Pacific, offers high-growth prospects. During the projection period, this geographical segment is expected to have the highest CAGR of 19.1%. The rise of medical tourism, the implementation of new ICT guidelines in Japan, investments and reforms to modernize China's healthcare infrastructure, the rapidly growing healthcare industry in India, and the implementation of IT programs in Australia and New Zealand are driving the growth of the Asia Pacific population health management market. Government measures to promote the adoption of HCIT, as well as the growing senior population, rising prevalence of chronic diseases, rising healthcare expenditure, and rising consumer purchasing power, are all likely to boost market expansion in this area. Population Health Management Market 2 The objective of the report is to present a comprehensive analysis of the Population Health Management Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Population Health Management Market dynamics, structure by analyzing the market segments and projecting the Population Health Management Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Population Health Management Market make the report investor’s guide.

Population Health Management Market Scope: Inquire before buying

Population Health Management Market 3

Population Health Management Market, by Region

• North America o US o Canada o Mexico • Europe o U.K o France o Germany o Italy o Spain o Sweden o CIS Countries o Rest of Europe • Asia Pacific o China o India o Japan o South Korea o Australia o ASEAN o Rest of Asia Pacific • The Middle East and Africa o South Africa o GCC Countries o Egypt o Nigeria o Rest of ME&A • South America o Brazil o Argentina o Rest of South America

Population Health Management Market Key Player

• Cerner Corporation (US) • Epic Systems Corporation (US) • Koninklijke Philips (Netherlands) • i2i Population Health (US) • Health Catalyst (US) • Optum (US) • Enli Health Intelligence (US) • eClinicalWorks (US) • Orion Health (New Zealand) • Allscripts Healthcare Solutions (US) • IBM Corporation (US) • HealthEC LLC (US) • Medecision (US) • Arcadia (US) • athenahealth (US) • Cotiviti (US) • NextGen Healthcare, Inc. (US) • Conifer Health Solutions (US) • SPH Analytics (US) • Lightbeam Health Solutions (US) • Innovaccer (US) • Citra Health Solutions (US) • Evolent Health, Inc. (US) • Lumeris (US) • Forward Health Group (US)

FAQs:

1. What is the Population Health Management Market value in 2020? Ans: Population Health Management Market value in 2020 was estimated as 23.6 Billion USD. 2. What is the Population Health Management Market growth? Ans: The Population Health Management Market is anticipated to grow with a CAGR of 13.6% in the forecast period and is likely to reach USD 57.6 Billion by the end of 2027. 3. Which segment is expected to dominate the Population Health Management Market during the forecast period? Ans: The on-premise solutions segment accounted for the larger market share of 63.9% in 2020. The advantages offered by the on-premise mode of delivery, such as customization of solutions, reduction in the risk of data breaches, and the ability to reuse existing servers and storage hardware are supporting its increased adoption in the population health management market. 4. Who are the key players in the Population Health Management Market? Ans: The Population Health Management market is highly competitive. The prominent players operating in this market are Cerner Corporation (US), Epic Systems Corporation (US), Koninklijke Philips (Netherlands), i2i Population Health (US), Health Catalyst (US), Optum (US), Enli Health Intelligence (US), eClinicalWorks (US), Orion Health (New Zealand), Allscripts Healthcare Solutions (US), IBM Corporation (US), HealthEC LLC (US), Medecision (US), Arcadia (US), athenahealth (US). 5. What is the key driving factor for the growth of the Population Health Management Market? Ans: Key factors that are driving the Population Health Management market growth include the high prevalence of cancer, expanding demand for Population Health Management owing to the growing number of legal cannabis countries, changes in government policies, and several new startups are venturing into R&D, cannabis testing, and manufacturing.
1. Global Population Health Management Market: Research Methodology 2. Global Population Health Management Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Population Health Management Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Population Health Management Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 23.6 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Population Health Management Market Segmentation 4.1 Global Population Health Management Market, by Component (2020-2027) • Software • Services 4.2 Global Population Health Management Market, by Mode of Delivery (2020-2027) • On-Premise Mode of Delivery • Cloud-Based Mode of Delivery 4.3 Global Population Health Management Market, by End-user (2020-2027) • Healthcare Providers • Healthcare Payers • Other End Users 5. North America Population Health Management Market (2020-2027) 5.1 North America Population Health Management Market, by Component (2020-2027) • Software • Services 5.2 North America Population Health Management Market, by Mode of Delivery (2020-2027) • On-Premise Mode of Delivery • Cloud-Based Mode of Delivery 5.3 North America Population Health Management Market, by End-user (2020-2027) • Healthcare Providers • Healthcare Payers • Other End Users 6. Asia Pacific Population Health Management Market (2020-2027) 6.1. Asia Pacific Population Health Management Market, by Component (2020-2027) 6.2. Asia Pacific Population Health Management Market, by Mode of Delivery (2020-2027) 6.2. Asia Pacific Population Health Management Market, by End-user (2020-2027) 6.2. Asia Pacific Population Health Management Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Population Health Management Market (2020-2027) 7.1. Middle East and Africa Population Health Management Market, by Component (2020-2027) 7.2. Middle East and Africa Population Health Management Market, by Mode of Delivery (2020-2027) 7.3. Middle East and Africa Population Health Management Market, by End-user (2020-2027) 7.4. Middle East and Africa Population Health Management Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Population Health Management Market (2020-2027) 8.1. Latin America Population Health Management Market, by Component (2020-2027) 8.2. Latin America Population Health Management Market, by Mode of Delivery (2020-2027) 8.3. Asia Pacific Population Health Management Market, by End-user (2020-2027) 8.4. Latin America Population Health Management Market, by Country (2020-2027) • Brazil • Argentina • Rest of Latin America 9. European Population Health Management Market (2020-2027) 9.1. European Population Health Management Market, by Component (2020-2027) 9.2. European Population Health Management Market, by Mode of Delivery (2020-2027) 9.3. Asia Pacific Population Health Management Market, by End-user (2020-2027) 9.4 European Population Health Management Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 10. Company Profile: Key players 10.1. Veolia 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Dr. Hemp Me. 10.3. QC Infusion 10.4. Hemp Mode of Deliveryion Services 10.5. Hudson Valley Hemp, LLC. 10.6. Green Roads 10.7. Royal CBD 10.8. Moon Mother Hemp Company 10.9. CBD Oil Europe 10.10. King CBD 10.11. FOLIUM BIOSCIENCES 10.12. CV Sciences, Inc. 10.13. Pharmahemp d.o.o. 10.14. Gaia Botanicals, LLC 10.15. Canazil 10.16. Kazmira 10.17. Spring Creek Labs 10.18. Cavendish Nutrition Fulfillment LLC 10.19. Isodiol International Inc 10.20. Canopy Growth Corporation 10.21. Aurora Cannabis 10.22. Aphria, Inc. 10.23. Tilray 10.24. ABcann Medicinals, Inc. 10.25. The Cronos Group 10.26. Maricann Group, Inc. 10.27. Organigram Holding, Inc. 10.28. Lexaria Corp.

About This Report

Report ID3838
Category Healthcare
Published Dateoct 2019
Updated DateNov 2021
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