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Population Health Management Market Trend Analysis: Monitoring and Assessing Market Shifts and Patterns

06-30-2023 10:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Report Ocean

Population Health Management Market Trend Analysis:

The global population health management market was valued at US$ 4.9 billion in 2021 and is projected to reach US$ 14.1 billion by 2030, with a compound annual growth rate (CAGR) of 11.5% during the forecast period from 2022 to 2030.

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Several factors are driving the growth of the global population health management market. The rising prevalence of diseases and the growing demand for patient-centric care solutions are key drivers. Patient-centric care solutions offer improved care coordination and efficient patient engagement, which contribute to better health outcomes and drive the adoption of population health management solutions.

Government investments to enhance healthcare expenditure and provide efficient healthcare services are also fueling market growth. The COVID-19 pandemic has further highlighted the importance of population health management, leading to increased demand for effective treatment and remote healthcare services. Strict lockdown measures and regulations have encouraged the adoption of remote healthcare services, stimulating market growth.

R&D activities in the medical sector are creating growth opportunities for the population health management market. Continuous advancements in healthcare technologies, such as electronic health records (EHRs), telemedicine, and data analytics, are driving the adoption of population health management solutions.

In terms of regional analysis, North America is expected to dominate the population health management market in terms of revenue. The region benefits from rising government initiatives and the increasing adoption of EHRs. Awareness about personalized and value-based reimbursements is also driving market growth in North America. The presence of prominent industry players in the region, such as Epic Systems Corporation, Cerner Corporation, and UnitedHealth Group, further contributes to market growth. The growing prevalence of cardiovascular diseases in North America is also expected to drive the adoption of population health management solutions.

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The Asia-Pacific market is forecasted to emerge as a significant contributor to the population health management market. The region is experiencing growth in healthcare expenditure and government initiatives aimed at providing affordable healthcare services. Rising awareness about the benefits of population health management and the need for efficient healthcare solutions are driving market growth in the Asia-Pacific region.

Key competitors in the population health management market include ZeOmega, McKesson Corporation, Koninklijke Philips, Lumeris, Cerner Corporation, Healthagen LLC, Health Catalyst, UnitedHealth Group, Persivia, and other prominent players.

The market segmentation of the global population health management market focuses on components (software and services), mode of delivery (on-premise and cloud-based), end-use (healthcare providers, healthcare payers, and others), and region. The regional outlook covers North America (including the U.S., Canada, and Mexico), Europe (including Western Europe and Eastern Europe), Asia Pacific (including China, India, Japan, Australia & New Zealand, ASEAN countries, and the rest of Asia Pacific), the Middle East & Africa (including the UAE, Saudi Arabia, South Africa, and the rest of MEA), and South America (including Brazil, Argentina, and the rest of South America).

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We are the best market research reports provider in the industry. Report Ocean is the world's leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.

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