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Population Health Management Market Research Includes Historical, Forecast Data, Market Demand, Price Trends, and Company Share By 2026 – Top Vendors- Allscripts, McKesson Corporation, Cerner Corporation, & more....
Population Health Management Market
Population health management covers the collection and analysis of patient data from various health information technology resources to improve patients’ health and decrease the financial burden on patients. Population health management is based on a technology that supports data collection, governance, and analysis. Moreover, it pays attention to data integration and analysis, actionable insights, patient-centered care management, and patient engagement.
Global population health management market attained a value of USD 20 billion in 2018 and is expected to grow at a CAGR of 17% during the forecast period, 2019–2026.
As per the United Nations, the worldwide geriatric population is expected to increase from 962 million in 2017 to over 2.1 billion by 2050. This is expected to increase the burden of chronic diseases as well as add more pressure on healthcare spending. However, several private and government organizations have already started taking efforts to improve the healthcare outcome and reduce the financial burden by offering favorable reimbursement policies and incentive program to hospitals.
Population health management solution also help in reducing healthcare spending. Various initiatives were undertaken globally to curb healthcare spending is expected to drive the demand for population health management solutions. For instance, shifting trend from volume-based to value-based care is further boosting the adoption of population health management solutions.
The cloud-based solutions segment is expected to grow at the fastest CAGR over the forecast period since healthcare is experiencing huge pressure to operate at real-time and provide access to the healthcare information of patients across multiple healthcare locations. In addition, key cloud technology providers are undertaking various strategies to improve operational efficiencies of the healthcare providers. Amazon, Microsoft, IBM, and Google are among the large cloud service providers, which are assisting the healthcare providers in the digital transition.
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The Major Players Covered in this Report: Allscripts, McKesson Corporation, Cerner Corporation, Conifer Health Solutions, LLC., eClinicalWorks, McKesson Corporation, Optum Inc, Koninklijke Philips N.V., and Athenahealth, Inc., & More...
By Component, Software, Services
By End-Users, Healthcare providers, Payers, Employers
By Mode of Delivery, On premise, Web based, Cloud based
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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Population Health Management in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Population Health Management market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia.
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Key Questions Answered in the Report:
a. What is the current scenario of the Global Population Health Management market? How is the market going to prosper throughout the forecast period?
b. What are the emerging technologies and related tools that are going to profit the market?
c. What is the current size of the Global Population Health Management Market?
d. Which segments are the fastest growing and the largest in the market? What is their market potential?
e. What are the driving factors contributing to market growth during the short, medium, and long term?
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Population Health Management Market Drivers
Need for cost-effective healthcare services for the growing geriatric population
is majorly increasing the demand and Population Health Management Market Size.
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