Population Health Management Trends
The global population health management market is expected to exhibit a robust 22.4% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global population health management market is profiled in great detail in the report, which provides a detailed analysis of the market’s past, present, and future growth trajectory. The major drivers and restraints affecting the global population health management market are profiled in the report, along with the major players operating in the market and the major segments of the market.
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Population health management refers to the use of healthcare IT to compile detailed information on a given population and use it to provide detailed healthcare plans that take into account the risk of the citizens for various diseases. Population health management is a relatively recent idea, with advances in healthcare IT allowing for the development of detailed, comprehensive population healthcare programs. Developments in IT technology are thus likely to be a major driver for the global population health management market over the forecast period. Population health management programs help monitor health threats and provide affordable healthcare to individual patients.
The growing support from governments to population health programs is likely to be the major driver for the global population health management market over the forecast period. Governments are likely to be increasingly in support of population health programs in the coming years due to the significant scope they present in terms of allowing for effective monitoring of the population for healthcare threats. Rooting out individual healthcare complaints has never been easier, while the threat of infectious diseases is also likely to be a key driver for the global population health management market. The rising threat of coronavirus is likely to drive the demand for population health management programs in the coming years. The increasing threat of coronavirus has led to many countries, such as India, developing mobile apps and other platforms for population health management. This is likely to be a major driver for the global population health management market over the forecast period.
Population Health Management Market- Competitive Leaderboard:
Leading players in the global population health management market include Persivia, UnitedHealth Group, Healthagen LLC, ZeOmega, Lumeris, Koninklijke Philips NV, Conifer Health Solutions LLC, Optum Inc., Health Catalyst, Epic Systems Corporation, IBM, McKesson Corporation, Cerner Corporation, and Allscripts Healthcare Solutions Inc.
Population Health Management Market- Segmentation:
The population health management market has been segmented on the basis of component, solution, delivery mode, and end-user.
On the basis of component, the population health management market has been classified as hardware, software, and services. The services segment has been further divided into consulting, training, and education, post-sales and maintenance services, and others.
Based on solution, the population health management market has been divided into data integration and management, analytics, patient engagement, and care coordination. The data integration and management segment has been further divided into clinical data integration, financial data integration, data warehousing, real-time data exploration, and others. The analytics segment has been classified as a point of care decision support, predictive analytics, and others. The patient engagement segment has been divided into remote monitoring, multimodal communication, monitoring and compliance, treatment plan, and others. The care coordination segment has been segmented into care management workflow automation, real-time alerting, clinical reporting, care team coordination, and others.
By delivery mode, the population health management market has been divided into on-premise, web-based, cloud-based, and app-based.
The market, by end-user, has been segmented into healthcare providers, healthcare payers, government organizations, and others.
Population Health Management Market- Regional Analysis:
The Americas hold a dominant share in the global population health management market and are likely to remain the leading regional segment over the forecast period. North America is the leading regional market for population health management, led by the U.S. Growing government support for population health management programs in the region is the major driver for the population health management market. The rising prevalence of chronic diseases in North America is also a major driver for the population health management market in the region.
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