Market Overview:
The global population health management market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for population health management solutions by payers, providers, and employers. Additionally, the growing focus on preventive care and rising awareness about population health are also contributing to the growth of this market. However, lack of standardization and interoperability among different population health management solutions may restrain the growth of this market during the forecast period.
Product Definition:
Population health management is a system of care that coordinates and integrates the delivery of preventive, promotive, curative and rehabilitative services to populations with the goal of optimizing health outcomes and reducing disparities. It includes strategies for managing resources effectively to improve population health outcomes. Population health management is important because it helps to ensure that people have access to the necessary care they need in order to stay healthy.
Software:
Software is the part of healthcare IT that helps in storing and managing patient data. It also helps in generating reports which can be used for various purposes such as billing, research, quality assurance and improvement. Software has been used traditionally for back office operations such as finance & accounting functions and human resource management among others.
Services:
Services are the invisible components of healthcare IT systems. They include software, hardware, and services that make up the infrastructure of a practice management system. The service is used by physicians to provide quality care to patients and also helps in revenue cycle management by scheduling appointments, prescriptions renewals & refills as well as generates reports for reimbursement purposes.
Application Insights:
The providers segment dominated the global population health management market in 2017. This can be attributed to factors such as increasing demand for cost-effective and efficient population health management solutions by hospitals and clinics. Furthermore, rising awareness among providers regarding financial incentives for improving patient outcomes is expected to drive the growth of this segment over the forecast period.
The payers segment is anticipated to witness significant growth over the forecast period owing to a rise in healthcare spending due to an aging population along with other economic benefits provided by governments towards medical care expenditure.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to the presence of a large number of population health management software vendors and increasing adoption by payers and providers. The region is expected to maintain its dominance throughout the forecast period due to continuous technological advancements in healthcare IT, rising demand for value-based care strategies, improving regulatory environment pertaining to PHM implementation, and increasing focus on quality improvement initiatives by public as well as private entities.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to factors such as growing awareness about population health management among individuals & households; rapid economic development coupled with improving healthcare infrastructure; increase in government spending on primary care services; rise in disposable income levels resulting from economic growth & globalization.; expansion of insurance coverage leading towards improved patient outcomes through cost reduction strategies & enhanced efficiency programs etc.
The market has been segmented into North America, Europe.
Growth Factors:
- Increasing incidence of chronic diseases: The population health management market is driven by the increasing incidence of chronic diseases such as diabetes, heart disease, and cancer. According to the World Health Organization (WHO), chronic diseases account for 63% of all deaths worldwide.
- Rising awareness about population health management: There is a growing awareness among people about the importance of population health management and its benefits in preventing and managing chronic diseases. This is driving the demand for population health management solutions and services.
- Growing demand for value-based healthcare: The shift from volume-based to value-based healthcare is another major driver for the growth of the population health management market. In order to improve patient outcomes while controlling costs, healthcare providers are increasingly adopting Population Health Management solutions that help them measure and manage clinical outcomes across populations..
- Proliferation of big data analytics: Big data analytics plays a key role in helping organizations identify patterns in large volumes of data to improve decision making with respect to Population Health Management initiatives.. This is resulting in increased adoption rates for big data analytics solutions by healthcare providers.. 5) Technological advancements: The development of innovative technologies such as cloud computing, mobile devices, and sensors has led to significant advances in Population Health Management solutions which are helping organizations achieve better patient outcomes at lower costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Population Health Management Market Research Report
By Type
Software, Services
By Application
Payers, Providers, Employers
By Companies
IBM, Optumhealth, Cerner, Healthagen, Verscend Technologies, I2I Population Health, Epic, Orion Health, Forward Health, Change Healthcare, GSI Health, EClinicalWorks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Population Health Management Market Report Segments:
The global Population Health Management market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Payers, Providers, Employers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Optumhealth
- Cerner
- Healthagen
- Verscend Technologies
- I2I Population Health
- Epic
- Orion Health
- Forward Health
- Change Healthcare
- GSI Health
- EClinicalWorks
Highlights of The Population Health Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- Payers
- Providers
- Employers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Population Health Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Population health management (PHM) is a systematic approach to improving the health of populations by addressing the interconnected factors that influence individual and population health. PHM includes interventions at all levels of society, from community to global scales. It focuses on understanding how social determinants of health (e.g., socioeconomic status, education, environment) interact with biological factors (e.g., genetics and lifestyle choices) to shape individual and population health outcomes.
Some of the major companies in the population health management market are IBM, Optumhealth, Cerner, Healthagen, Verscend Technologies, I2I Population Health, Epic, Orion Health, Forward Health, Change Healthcare, GSI Health, EClinicalWorks.
The population health management market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Population Health Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Population Health Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Population Health Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Population Health Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Population Health Management Market Size & Forecast, 2018-2028
4.5.1 Population Health Management Market Size and Y-o-Y Growth
4.5.2 Population Health Management Market Absolute $ Opportunity
Chapter 5 Global Population Health Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Population Health Management Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Population Health Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Population Health Management Market Size Forecast by Applications
6.2.1 Payers
6.2.2 Providers
6.2.3 Employers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Population Health Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Population Health Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Population Health Management Analysis and Forecast
9.1 Introduction
9.2 North America Population Health Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Population Health Management Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Population Health Management Market Size Forecast by Applications
9.10.1 Payers
9.10.2 Providers
9.10.3 Employers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Population Health Management Analysis and Forecast
10.1 Introduction
10.2 Europe Population Health Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Population Health Management Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Population Health Management Market Size Forecast by Applications
10.10.1 Payers
10.10.2 Providers
10.10.3 Employers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Population Health Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Population Health Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Population Health Management Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Population Health Management Market Size Forecast by Applications
11.10.1 Payers
11.10.2 Providers
11.10.3 Employers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Population Health Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Population Health Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Population Health Management Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Population Health Management Market Size Forecast by Applications
12.10.1 Payers
12.10.2 Providers
12.10.3 Employers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Population Health Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Population Health Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Population Health Management Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Population Health Management Market Size Forecast by Applications
13.10.1 Payers
13.10.2 Providers
13.10.3 Employers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Population Health Management Market: Competitive Dashboard
14.2 Global Population Health Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Optumhealth
14.3.3 Cerner
14.3.4 Healthagen
14.3.5 Verscend Technologies
14.3.6 I2I Population Health
14.3.7 Epic
14.3.8 Orion Health
14.3.9 Forward Health
14.3.10 Change Healthcare
14.3.11 GSI Health
14.3.12 EClinicalWorks
