Pune, Oct. 27, 2022 (GLOBE NEWSWIRE) — According to the latest report released by Growth Plus Reports, the population health management market it is expected that the clock US$131.52 billion by 2030 and grow to a 20.1% CAGR during the forecast period. This proprietary information is published by Growth Plus Reports in its report titled “Population Health Management Market – Global Outlook & Forecast 2022-2030”
Population health management detects and controls health risks in the general population. The primary goal of population health management (PHM) is to improve the health status of patients. The MPS also attempts to help physicians and government agencies understand unmet needs. Growing adoption of digitalization owing to growing urbanization is a major driver for the population health management market.
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PMH (population health management) helps improve health services to improve the quality of facilities while reducing per capita costs. Due to several causes, including increasing urbanization, demand for low-cost healthcare services, and new markets, the population management industry is growing rapidly. Growing product range and increased demand for tailor-made drugs are two other factors supporting the growth of the market. Moreover, the development of the market is fueled by the increasing use of IT solutions (technological innovation) for better administration. Additionally, the growing elderly population is fueling the expansion of the market.
The population health management market has been analyzed from five angles: component, mode of delivery, end user and region.
Excerpts from “Segmentation by delivery mode”
The mode of delivery in the global population health management market has been segmented into:
The market leader with the highest revenue share is cloud. The popularity of this segment can be attributed to accessibility on the internet without the intervention of healthcare management. This makes population health management effectively accessible across various healthcare specializations and organizations. Hence, the major driver for the dominance of the cloud-based platform segment in the global market is the efficiency of cloud-based population health management in home healthcare and the ease access to data on many platforms. While on site, it is expected to show continued growth over the forecast period. This growth can be attributed to its advantage of providing high security and better privacy, thus improving efficiency.
Excerpts from ‘Segmentation by region’
Population Health Management Market has been segmented into:
- North America
- Asia Pacific
- Rest of the world
North America holds the largest revenue share in the market. The highest revenue share is North America, which dominates the global market. The region’s growth is attributed to a strong healthcare infrastructure and continued adoption of advanced technologies. Expanding government initiatives, use of cloud computing in PHM services, and increasing investment or funding for better population health record management services are driving the growth of the market. The significant aging of the population and the rising cost of health services are supporting the growth of this activity. Europe is the second largest player in the market owing to the growing demand for PHM and rising costs for medical procedures and consultations.
Asia-Pacific market is growing at the fastest rate owing to factors such as developing healthcare infrastructure, increasing healthcare expenditure, rising medical tourism, rising incidence of chronic diseases and other variables.
Excerpts from “Competitive Landscape”
Major players operating in the population health management market are
- Allscripts Healthcare Solutions Inc.
- McKesson Corporation
- Cerner Company
- Evergreens Health Solutions LLC
- Deloitte Touche Tohmatsu Limited
- Koninklijke Philips NV
- UnitedHealth Group
- GE Healthcare (General Electric Company)
- Cotiviti Inc.
- Catalyst Health Inc.
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- Market ecosystem
- Schedule under study
- Historical years – 2020
- Base year – 2021
- Planned years – 2022 to 2030
- Currency used in the report
- RESEARCH METHODOLOGY
- Research approach
- Data collection methodology
- Information source
- Secondary sources
- Primary sources
- Market estimation approach
- From bottom to top
- From top to bottom
- Market Forecast Model
- Limits and assumptions
- PREMIUM OVERVIEW
- Current market trends (COVID-19 outlook)
- Key players and competitive positioning (2021)
- MARKET DYNAMICS
- GLOBAL POPULATION HEALTH MANAGEMENT MARKET – ANALYSIS AND FORECAST, BY COMPONENT
- GLOBAL POPULATION HEALTH MANAGEMENT MARKET – ANALYSIS AND FORECAST, BY DELIVERY MODE
- On the site
- On the cloud
- GLOBAL POPULATION HEALTH MANAGEMENT MARKET – ANALYSIS AND FORECAST, BY END-USER
- Group of employers
VALUE PROPOSITIONS RELATED TO THE REPORT:
- Fueled by free analyst hours and expert interviews with every report
- Comprehensive quantitative and qualitative information at segment and sub-segment level
- Trends and perspectives of the impact of Covid 19
- Granular information at global/regional/country level
- In-depth insights into market dynamics (drivers, restraints, opportunities) and business environment
- Global coverage of the competitive landscape
- Winning imperatives
- Comprehensive coverage of “strategic developments” recorded by major market players
- Distributor Landscape Assessment
- Pricing Information
- Customer evaluation
- Analysis of investments and initiatives
- ‘Company Profile’ of key players
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