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Population Health Management Market Regional Analysis, Growth Prospects and Key Opportunities | Top Key Players Include Cerner Corporation, McKesson Corporation, IBM Corporation, Optum, Health Catalyst
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The global population health management market is growing at a significant rate, due to growing geriatric population, regulatory mandate under the Affordable Care Act (ACA), and increasing prevalence of chronic and lifestyle associated diseases. The increasing healthcare cost and incentives, and investment by the federal government for adoption of healthcare information technology are also driving the growth of the global population health management market. However, the factors such as lack of privacy of patient data, lack of skilled professionals, and huge investment in infrastructure requirement are inhibiting the growth of the global market.
Geographically, North America dominated the global market of population health management in 2015 and is expected to witness the fastest growth, at a CAGR of 23.5%, during the forecast period. This is due to regulatory mandates under the Affordable Care Act (ACA), increasing prevalence of chronic and lifestyle associated diseases, and growing geriatric population.
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Some of the key companies operating in the global population health management market include Cerner Corporation, McKesson Corporation, Allscripts Healthcare Solutions Inc., Wellcentive Inc., Conifer Health Solutions LLC., IBM Corporation, Optum, Inc., and Health Catalyst LLC.
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