Press release
Global Population Health Management Systems Market Predicted to Explode from $2.3 Billion to $xx Billion by 2028, with a CAGR of 23.5% Boosted by Growing Demand for Cloud-Based Solutions
The global Population Health Management Systems market, which was valued at USD 2.3 billion in 2018, is poised to grow significantly, reaching USD xx billion by 2028, according to a new report by industry analyst firm, Dataintelo. The study suggests that the sector will expand at a substantial compound annual growth rate (CAGR) of 23.5% over the next decade.This accelerated growth is driven by a combination of factors, including the escalating prevalence of chronic diseases worldwide and the corresponding rise in demand for cloud-based Population Health Management (PHM) solutions. Additionally, the increasing need to contain escalating healthcare costs is contributing significantly to the accelerated adoption of effective Population Health Management programs.
PHM systems aid in improving patient care and health outcomes by aggregating patient data across multiple health domains within a particular population, and then utilizing the analysed information to identify and predict individual patient health risks. These systems are proving invaluable in the fight against chronic diseases and the control of escalating healthcare costs. They are becoming the preferred choice of a growing number of healthcare providers, enabling them to stratify risks and align resources to improve patient outcomes and control costs.
The key factors, such as the increasing incidence of chronic diseases and the need for cost containment in the healthcare sector, are spurring the need for effective health management systems. Coupled with the growing demand for advanced, cloud-based PHM solutions, these variables are leading to a rapid expansion of the PHM market.
The report by Dataintelo offers a comprehensive view of the market scenario, including a thorough analysis of the key market trends, growth drivers, challenges, opportunities, and key strategies required to drive the growth momentum of the Population Health Management Systems market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/149700
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The population health management systems market has been segmented on the basis of๐๐ฒ๐ฉ๐
โ On-premise
โ Cloud based
โ Web based
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Payer
โ Provider
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ Allscripts Healthcare Solutions Inc.
โ Cerner Corporation.
โ Mckesson Corporation.
โ International Business Machines Corporation (IBM).
โ Epic Systems Corporation.
โ Health Catalyst.
โ Optum
โ Inc.
โ Conifer Health Solutions.
โ Philips.
โ Health Catalyst LLC.
The market of population health management systems has been segmented into various types, including On-premise, Cloud-based, and Web-based systems. The On-premise systems rely on conventional methods where the health management system is physically maintained at the health provider's location. The Cloud-based systems, however, offer remote accessibility and storage on the cloud, making it more accessible to different health providers. This segment bridges geographical barriers and enables real-time data handling. Meanwhile, web-based health management systems offer an online platform for providers and payers to engage in health management related activities. These systems help to provide efficient, patient-centered care by gathering and analyzing health data to improve health outcomes.
Regionally, the population health management systems market is subdivided into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. In North America, the high acceptance of advanced technology in healthcare and the presence of major players contribute to the significant market share. Europe also shows significant growth due to the region's strong emphasis on healthcare IT. In contrast, the Asia Pacific region is expected to experience the fastest growth, driven by increasing healthcare investments and rising health awareness among the population. Latin America and the Middle East & Africa would also provide lucrative growth opportunities, attributed to growing digitalization in health care services and the need for efficient patient management systems. Key players in this market are Allscripts Healthcare Solutions Inc., Cerner Corporation, Mckesson Corporation, International Business Machines Corporation (IBM), Epic Systems Corporation, Health Catalyst, OptumInc, Conifer Health Solutions, Philips, and Health Catalyst LLC
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/149700
Market Drivers:
1. Increasing prevalence of chronic diseases: With an increase in the aging population, chronic diseases like diabetes and heart conditions are on the rise. Effective population health management systems can help in managing these diseases at a population level.
2. Government initiatives and funding: Governments worldwide are making efforts to improve population health and reduce healthcare costs, driving the growth of this market.
3. Advances in big data analytics and Artificial Intelligence: The integration of advanced technologies like big data and AI can help in predicting health trends and improving care. This has been a significant driving factor for this market.
4. Increasing demand for value-based care: As healthcare costs rise, there is increased demand to link medical costs with outcomes, driving the growth of value-based care and subsequently, population health management systems.
5. Rise in remote healthcare services: The COVID-19 pandemic gave a significant boost to remote healthcare services, and this trend is likely to continue, further driving this market.
Opportunities:
1. Expansion in emerging markets: Developing countries present a significant opportunity for the expansion of population health management systems.
2. Integration with Telemedicine: Integrating population health management systems with telemedicine can help in reaching a larger population and individuals in remote areas.
3. Partnership with insurance companies: Insurance companies looking to restrict unnecessary healthcare costs might look for partnerships with population health management system providers.
4. In-depth patient analysis: These systems can help in providing a more in-depth analysis of a patient's health, which can be utilized for personalized health plans.
5. Technological advancements: Continuous advancements in technology can improve data collection, integration, and analysis, presenting an opportunity for growth in this market.
6. Demand for better patient outcomes: There is a steadily increasing demand for improved health outcomes, which these systems can help to achieve by providing comprehensive care
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/149700
1) Who should buy this report?
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e. Marketing and Sales Executives: These individuals can utilize this report to understand market shifts and adjust their marketing strategies accordingly.
2) Good things about Dataintelo:
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b. Wide Range of Industries: Dataintelo provides reports from a plethora of different industries, catering to the needs of a diverse audience.
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