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Population Health Management Market Size, Share 2022 Industry Growth, Top Players, Segmentation and Forecast to 2030

05-27-2022 12:39 PM CET | IT, New Media & Software

Press release from: Report Ocean

New York , United States- Report Ocean presents a new report on Population Health Management Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market's future.

Population Health Management Market

The global population health management market size was US$ 17.9 billion in 2020. The global population health management market is forecast to reach the value of US$ 121.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 14.8% over the forecast period from 2021-2030.

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The process of improving clinical health outcomes by enabling enhanced care coordination and patient engagement is known as population health management. Renovating public housing to control asthma, constructing a supermarket in a "food desert," developing a pro bono system to provide specialty treatment are all examples of population health management.

In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Population Health Management Market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market's future growth.

Factors Influencing

The growing demand for cost-effective treatment, majorly in emerging nations, is the primary factor driving the market growth. Such demands are increasing the adoption of healthcare information technology (HCIT). HCIT has the potential to maintain the cost-effectiveness of healthcare facilities.

The increasing percentage of the elderly population worldwide may develop promising growth opportunities for the market players in the global population health management market. With the growing geriatric population, the prevalence of chronic diseases would increase. As a result, it would increase the demand for proper health management.

Geographic Analysis

North America held the maximum share in the global population health management market. The region is forecast to grow rapidly in the global population health management market during the forecast period. The growing awareness regarding the benefits of population health management, rising demand for cost-efficient healthcare facilities, government initiatives, and policies are the factors contributing to the regional growth in the global population health management market.

Europe is also contributing to the market growth with a significant share. The region is forecast to witness a significant growth rate, owing to the growing population and increasing adoption of population health management.

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COVID-19 Impact Analysis

The COVID-19 outbreak surged the demand for medical care facilities. The healthcare sector witnessed immense pressure all around the globe. The increasing prevalence of COVID-19 has raised awareness and demand for cost efficiency in medical treatments.

PHM (population health management) is the study and improvement of care delivery in the broader population. The PHM's goal is to gather and analyze clinical data to improve the health of patients and the financial outcomes of providers. As the healthcare bodies were overburdened by COVID-19 cases, the demand for population health management rapidly increased.

Competitors in the Market

IBM Corporation

McKesson Corporation

Cerner Corporation

Health Catalyst LLC

Wellcentive, Inc. (Koninklijke Philips N.V.)

Conifer Health Solutions LLC

Allscripts Healthcare Solutions Inc.

Verscend Technologies Inc.

UnitedHealth Group

i2i Population Health

Other prominent players

Market Segmentation

By Component

Software

Services

By Mode of Delivery

On-Premise Mode of Delivery

Cloud-Based Mode of Delivery

By End Users

Healthcare Providers

Healthcare Payers

Other End Users

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By Region

North America

The U.S.

Canada

Mexico

Europe

Western Europe

The UK

Germany

France

Italy

Spain

Rest of Western Europe

Eastern Europe

Poland

Russia

Rest of Eastern Europe

Asia Pacific

China

India

Japan

Australia & New Zealand

ASEAN

Rest of Asia Pacific

Middle East & Africa (MEA)

UAE

Saudi Arabia

South Africa

Rest of MEA

South America

Brazil

Argentina

Rest of South America

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What are the aspects of this report that relate to regional analysis?

The report's geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

How are the key players in the market assessed?

This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter's Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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