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Amazingly Report on Population Health Management Market For Health Market by 2026: Studied in Detail by Focusing on Product Type with Top Companies like Koninklijke Philips N.V., Lumeris, Health Catalyst and others

01-22-2019 05:56 PM CET | Health & Medicine

Press release from: qyreports

Population Health Management Market

Population Health Management Market

It is projected that the population health management market will reach USD 42,540 million for 2021 of USD 13,850 million in 2019, with a CAGR of + 25% in the next five years. The growth of the industry in general can be attributed to the implementation of the Affordable Care Act (ACA) in the US. UU., Government support for the prevention of diseases and the adoption of HCIT, the growth of the geriatric population and the subsequent increase in the prevalence of chronic diseases

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Key players in the global population health management market include Koninklijke Philips N.V., Lumeris, Health Catalyst, McKesson Corporation, Cerner Corporation, ZeOmega, Healthagen LLC, UnitedHealth Group, International Business Machines Corporation, and Persivia.

Population health management (PHM) is a methodical and transparent service provision to improve the health status of a given population at a potential price and to offer better results at a lower cost. PHM programs are designed to keep patient populations defined, especially those with high-risk diseases, as healthy as possible, while decreasing the need for costly interventions, such as emergency department visits, hospitalizations, and invasive procedures and tests. . PHM tools provide real-time information to administrators and clinicians, allowing them to identify the gap in the management of care within the population of at-risk patients.

Disease management programs analyze the demographic characteristics and utilization of medical care, along with the identification of the high-risk target population. This facilitates the understanding of the technological benefits. It is expected that the increase in the demand for effective strategies for the management of the disease will increase the growth of the PHM in the coming years. In addition, China and India are growing due to the change in FDI standards, allowing the implementation of new health care solutions that will facilitate the management of patient records and provide more central and accessible medical care.

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The web-based segment had the largest market share in terms of revenue in 2016, followed by the cloud-based segment. The growing trend of cloud computing is one of the factors attributed to the rapid growth of the cloud-based segment during the forecast period. Based on the end user, the global health management market of the population has been divided into health care providers, insurance providers, pharmaceutical companies and others. The segment of health service providers had most of the world market due to the benefits of PHM tools, such as reducing gaps in the administration of care and reducing the cost per capita.

Further Key Findings From The Report Suggest:
The management of the health of the population has changed the focus from payment to service to payments based on value.

Based on the applications, the PHM market is grouped into software and services. Of these, the software segment had the most market share in 2019, since it offers a higher level of customizations based on business needs.
PHM software offer on premise benefits and data analytics network to manage multiple functionalities of healthcare in single platform.

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We at QYReports(qyreports.com), a leading market research report publisher cater to more than 4,000 prestigious clients worldwide meeting their customized research requirements in terms of market data size and its application. Our list of customers include renouned Chinese companies multinational companies, SME’s and private equity firms. our business study covers a market size of over 30 industries offering you accurate, in depth and reliable market insight, industry analysis and structure. QYReports specialize in forecasts needed for investing in an and execution of a new project globally and in Chinese markets.

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(Sales Manager)
+91-9764607607
sales@qyreports.com
www.qyreports.com

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