Population Health Management Market Outlook | CAGR 27% over the forecast period 2019-2026

Global Population Health Management Market is valued approximately at USD 22.34 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 27% over the forecast period 2019-2026.

The recent report about the population health management market offers a thorough evaluation of the business vertical alongside an overview of the industry segments. An approximate estimation of the present industry scenario is delivered in the report whereas the population health management market size with regards to the revenue and volume is also mentioned in the report. Generally, the report is a collection of important data with respect to the competitive landscape of this vertical and regions where the business has successfully established its position.

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Market Overview

Population health management (PHM) is the combination of patient data across multiple health information technology resources, the examination of that data into a single, actionable patient record, and the actions over which care providers can recover both clinical and financial outcomes. Usually, PHM programs utilize business intelligence (BI) tools to gather data and offer a comprehensive clinical picture of each patient. By using that data, providers can track and improve clinical outcomes while lowering costs.

Rising geriatric population and burden of chronic diseases, government support for the prevention of diseases and growing need for affordable treatment options due to rising healthcare costs are the few factors responsible for high CAGR of the market over the forecast period. For instance, as per the United Nations Organization, the global population of age of 60 years and above are nearly 962 million in 2017, up from twice as large as of 382 million since 1980. Also, it is projected that the population aged 60 and above would double to approx. 2.1 billion by 2050. Moreover, increasing focus on value-based medicine and personalized medicine based on analytics aided with increasing partnerships among key players would be create lucrative growth opportunities to the growth of market in the forecasting years.

However, issues associated to the safety of patient information and lack of data management capabilities and skilled analysts are few factors anticipated to restrain the growth of global Population Health Management market during the forecast period.

Competitive Landscape:

Geographically, population health management market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer. The competitive analysis of leading market players is another notable feature of the population health management market report; it identifies direct or indirect competitors in the market. The report offers company profile of market players alongside product picture and it’s specifications, population health management market plans, and technology adopted by them, future development plans. In addition, strength and weaknesses analysis of population health management market competitive firms gives competitive advantages so that the efficiency and the productivity of companies are improved.

Major market player included in this report are:
Mckesson Corporation
Cerner Corporation
Allscripts Healthcare Solutions, Inc.
Healthagen, LLC
IBM Corporation
Epic Corporation, Inc.
Conifer Health Solutions, LLC
Health Catalyst, LLC
Verscend Technologies, Inc.
WeLLCentive, Inc.

Market Segmentation:

The segmentation is used to decide the target market into smaller sections or segments like product type, application, and geographical regions to optimize marketing strategies, advertising technique and global as well as regional sales efforts of population health management market. The common characters are also being considered for segmentation such as global market share, common interests, worldwide demand and supply of Access Control devices. Moreover, the report compares the production value and growth rate of population health management market across different geographies.

By Component:
Software
Services

By Mode of Delivery:
Web-based
Cloud-Based
On-Premises

By End-User:
Healthcare Providers
Healthcare Payers
Employer Groups
Government Bodies

The regional analysis of global Population Health Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising healthcare costs, growth in geriatric population, increasing incidences of chronic diseases and growing funding for population health management across the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising healthcare expenditure, government initiative to increase digitalization in the healthcare sector and improving healthcare infrastructure would be influencing the growth of the market in the Asia-Pacific region.

Key Question Answered in Report:

• What are the strengths and weaknesses of the population health management market?
• What are the different marketing and distribution channels?
• What is the current CAGR of the population health management market?
• What are the population health management market opportunities in front of the market?
• What are the highest competitors in population health management market?
• What are the key outcomes of SWOT and Porter’s five techniques?
• What is the population health management market size and growth rate in the forecast period?

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