Population Health Management Market Size, Trends 2020- PHM Industry Analysis By Growth Factors, Demand, Business Opportunity and Challenges

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Population Health Management Market Highlights

The global population health management market is expected to exhibit a strong 22.4% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The report presents a detailed analysis of the global liquid handling system market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global liquid handling system market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Various components of the global liquid handling system market are also studied in the report and projections are made for the growth trajectory of each distinct component. The various segments and sub-segments within the global liquid handling system market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the global liquid handling system market and provides a detailed look at the various competitive strategies employed by players in the global liquid handling system market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report. 

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The global population health management market is driven by the growing efforts from private players to implement population health management solutions and enable better healthcare for their paying customers. Rather than being driven by government intervention, the population health management market is primarily driven by private players looking to add to their portfolio and present viable solutions for population health management. 

The growing prevalence of chronic diseases is likely to be the major driver for the global population health management market over the forecast period. Chronic diseases often have their roots in lifestyle factors such as the time spent sedentary, dietary intake, and consumption of materials such as tobacco and alcohol. Population health management solutions aim to take these factors into account while providing solutions based on a detailed study of all the factors involved in creating diseases among the population. The growing adoption of IT solutions in the healthcare sector is also likely to be a major driver for the population health management market, as IT solutions make it easier to track large demographics and keep track of datasets including various parameters. 

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. 

Industry News:

In December 2019, Humana and Royal Philips announced a collaboration using Philips’ population health management program in order to improve Humana’s offerings. 

In February 2019, Providence St. Joseph Health launched a new for-profit population health management company called Ayin Health Solutions. 

Population Health Management Market Segmentation:

The global population health management market is segmented on the basis of component, solution, delivery mode, end use, and region. 

By component, the global population health management market is segmented into hardware, software, and services. The services segment is further subsegmented into consulting, training, and education, post-sale and maintenance services, and others. 

By solution, the global population health management market is segmented into data integration and management, analytics, patient engagement, and care coordination. 

By delivery mode, the global population health management market is segmented into on-premise, cloud-based, and app-based. 

By end use, the global population health management market is segmented into healthcare providers, healthcare payers, government organizations, and others. 

Population Health Management Market Regional Analysis:

The Americas is likely to dominate the global population health management market over the forecast period, followed by Europe and Asia Pacific. The Americas market for population health management is mainly driven by the growing use of healthcare IT in the region, which has allowed healthcare agencies to build up a strong database of patient information. Asia Pacific is likely to witness robust growth in the population health management market over the forecast period due to the increasing government support to the healthcare sector and the rising use of healthcare IT solutions. 

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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