Population Health Management (PHM) Market Expected To Reach USD 74.61 Billion By 2030 - Reports and Data
According to the current analysis of Reports and Data, the global Population Health Management (PHM) market was valued at USD 24.82 Billion in 2021 and is expected to reach USD 74.61 Billion by year 2030, at a CAGR of 13.0%.Population health management is an accumulation and assessment of patient's data from various multiple health information technology resources. Population health management assists in scrutinising the condition of the patient and segmenting the patients based on disease. It also helps in improving clinical outcomes and lowering the cost of treatments. PHM programs use business intelligence (BI) tool to aggregate data and provide a comprehensive clinical picture of each patient. Using that data, providers can track, and hopefully improve, clinical outcomes while lowering costs.
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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.
Market Dynamics:
The pharma and healthcare sector has significantly advanced in recent years and is expected to register steady revenue growth over the forecast period owing to rapid innovations in medical technology, increasing investments, rising healthcare expenditure, and high adoption of advanced products and systems. Factors such as rising prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and neurological disorders across the globe, rising cases of coronavirus, improving healthcare infrastructure and research facilities, and increasing adoption of remote patient monitoring services and home care settings are expected to fuel global market revenue growth over the forecast period. In addition, the increasing number of hospitals and ambulatory care centers worldwide, high demand for personalized medicine, increasing investments in drug discovery, and growing investments by public and private sectors are expected to drive global market growth in the coming years.
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Competitive Landscape:
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, and product & service portfolio. The Population Health Management (PHM) market is extremely competitive and consists of several key players at the regional and global levels. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures, and collaborations to strengthen their market position and enhance their product portfolio.
Some of the key players are Allscripts, McKesson Corporation, Cerner Corporation, etc
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Population Health Management (PHM) Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Software
Services
Post-Sale and Maintenance Services
Consulting Services
Training and Education Services
Implementation Services
Delivery Mode Outlook (Revenue, USD Billion; 2019-2030)
Web-Based
Cloud-Based
On-Premises
Application Outlook (Revenue, USD Billion; 2019-2030)
Patient-Centered Medical Home (PCMH)
Comprehensive Longitudinal Patient Record
Effectively Coordinate Care
Patient Outreach
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Providers
Ambulatory Care Centers
Hospitals, Physician Groups, and Integrated Delivery Networks
Diagnostic and Imaging Centers
Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
Others
Payers
Public Payers
Private Payers
Employers Groups
Regional Outlook:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Some essential purposes of the Population Health Management (PHM) market research report:
Vital Developments: Custom investigation provides critical improvements to the Population Health Management (PHM) market, including R&D, new item shipment, coordinated efforts, development rate, partnerships, joint efforts, and local development of rivals working in the market on a global scale and regional.
Market Characteristics: The report contains Population Health Management (PHM) market highlights, income, limit, limit utilization rate, value, net, creation rate, generation, utilization, import, trade, supply, demand, cost, part of the industry in general, CAGR, and gross margin. Likewise, the market report offers an exhaustive investigation of the elements and their most recent patterns, along with Service market fragments and subsections.
Investigative Tools: This market report incorporates the accurately considered and evaluated information of the major established players and their extension into the Population Health Management (PHM) market by methods. Systematic tools and methodologies, for example, Porter's Five Powers Investigation, Possibilities Study, and numerous other statistical investigation methods have been used to analyze the development of the key players working in the Population Health Management (PHM) market.
Convincingly, the Population Health Management (PHM) report will give you an unmistakable perspective on every single market reality without the need to allude to some other research report or source of information.
This report will provide all of you with the realities about the past, present, and eventual fate of the Population Health Management (PHM) market.
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