Population Health Management Market to Reach US$ 69 Bn by 2025, Driven by Rising Investment in Healthcare IT

A new research study titled “Population Health Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the global population health management market is likely to surpass US$ 69 Bn by the end of the forecast period.

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According to the report, the demand for population health management has increased steadily over the recent years. Increasing advancements in the medical technology is leading to improvement in medications and treatment techniques, which saves the time of patients from long-stay in hospitals and clinics. Rising incidences of chronic ailments such as congestive heart failures, depression, diabetes and asthma leads to severe and complex health issues. There is increase in the price of treatment process in many healthcare organizations due to which, patients are inclined towards population health management for receiving treatment. Aging population and nondiscretionary nature of services offered is expected to bolster the revenue of the global market.

According to the report, population health management continues to play an important role in the management of cognitive behavioral disorders. High-risk conditions such as obsessive-compulsive behavior, obesity, depression, sexual offence and substance abuse are turning out to be major concerns in many countries. However, imposition of stringent regulations and lack of doctors for treating several diseases continues to restrain the growth of global market for population health management during the forecast period.

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The population health management market has been segmented on the basis of component, region, end-user, and mode of operation. The key segments on the basis of component include software, hardware, and services. Among these, services accounted for a leading revenue share of the market. The key segments on the basis of operation include web-based, on-premise, and cloud-based. According to the study, web-based population health management systems accounted for a higher revenue share, and the trend is likely to continue during the assessment period. The key end-user segments in the market include healthcare providers, pharmaceutical companies, insurance providers, and others. Among these, healthcare services accounted for the largest share of the market.

The research study also offers in-depth analysis and insights into the population health management market. Some of the leading players in the market include Koninklijke, Lumeris, McKesson Corporation, Healthagen LLC, International Business Machines Corporation, and Persivia.

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