International Population Health Management Market 2018 | with grow at a CAGR of ~21.2% | Segments, Key Driver, Strategies, Analysis | Forecast till 2023

The report titled “Population Health Management Market -Forecast to 2023″ is a direct appreciation by Market Research Future of the market potential of the Population Health Management Market. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative. It can be said with high confidence level, that this report will satisfy the need for comprehensive insights needed to compete and beat other players in today’s winner takes all market!

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Regional Overview:
North America is expected to remain a highly attractive market for PHM in 2018 and beyond. Increased focus towards value-base care delivery and government effort to improve the healthcare systems in both Canada and the U.S. is making a positive impact on the PHM market in the region. The U.S federal government has introduced several new policies (Medicare initiative, Hospital Readmissions Reduction Program and Affordable Care Act among others) for the healthcare sector that is creating need for advanced patient information and data analysis systems.

Global Market for Population Health Management – Competitive Dashboard:
Some of the leading companies profiled in MRFR’s report include Cerner Corporation, McKesson Corporation, Epic Corporation, Inc., Allscripts, Inc., Conifer Health Solutions, LLC, Wellcentive, Inc., IBM Corporation.

Global Market for Population Health Management to Surpass USD 44 Bn Over 2023

A data-powered revolution shimmers on the horizon for the healthcare sector. Over the past couple of decades, technological innovations have continuously shaped and improved care giving. Data has been playing a major role in developing healthcare. As such, hospitals and clinics today heavily rely on data to deliver their patient care services. Population healthcare management (PHM) is one of the prominent patient data analysis and management system that is witnessing a rapid growth of late. Market Research Future (MRFR)’s latest report projects that the global market for population health management will soar at a CAGR of 21.2% during the forecast period (2017-2023). The multi-billion dollar market is set to reach a valuation of USD 44 Bn by 2023-end.

PHM enables healthcare organizations to leverage vast amount of patient data from a multi-facet health information repository. Such data analysis procedures also help achieve better clinical and financial outcomes. Using PHM, healthcare organizations can improve health outcomes of a group of patients by specifically tracking and monitoring each patients in that group. In most cases, PHM systems utilize business intelligence (BI) tools for data aggregation to deliver comprehensive clinical information of each patient.

The boom in healthcare IT is reflecting favourably on the healthcare insurance sector. PHM offers highly accurate and transparent data structures, which allows healthcare services providers to assess a given patient group at multiple levels for delivering more but at a lower cost. Factors such as increasing incidence of chronic diseases, increased healthcare spending and application of data intelligence in healthcare are likely to influence the global market for PHM during the forecast period. Data-powered tools are changing the way medical practitioners and healthcare organization react to patient needs.

Segments:
The Global Population Health Management Market is segmented on the basis of component. Based on the component, the market has been segmented as software and service. Based on applications, the market has been segmented into healthcare economics and resource management, healthcare coordination & consultancy, clinical and compliance studies and surveillance and others. Based on the delivery mode, the market has been segmented into on-premise, web and cloud based & mobile based and on the basis of end user, the market has been segmented into healthcare providers, healthcare payers, government organizations and others

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Latest Industry Highlights:
Verily, Google’s life-science unit is reportedly planning to enter the population health management segment. The company is looking to invest in patient populations and sharing services with an aim to reduce health-care cost.
Healthcare technology firm BioIQ, has recently raised more $26 Mn for driving a shift to value-based care. Arboretum Ventures and HealthQuest Capital are the major backers.

Market Restraints:
The global market for PHM remains exposed to certain bottlenecks despite the overwhelming healthcare data spurt. Data service providers are yet to overcome technical barriers such as data discrepancies and complex file formats. Moreover, data collection procedures and integration is extremely divers for most clients, which make it difficult for a uniform data analysis. One of the major concerns associated with such data-driven system is susceptibility to data theft and breach of privacy.

Global Market for Population Health Management– Segmental Analysis:
MRFR’s report offers a through segmental analysis of the market on the basis of application (healthcare coordination & consultancy, surveillance, healthcare economics & resource management, compliance studies, clinical and others), component (services and software), end user (government organizations, healthcare payers, healthcare providers and others) and delivery mode (web & cloud based, on-premise and mobile based).

What makes our report unique?
1) An extensive research study on the Global Population Health Management market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Population Health Management market.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.

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