18th March 2020 – The global “Population
Health Management market” presents a widespread and elementary study of
Population Health Management business at the side of the analysis of subjective
aspects which is able to give key business insights to the readers. World Population
Health Management Market analysis report offers the analytical read of the business
by learning various factors like Population Health Management market growth,
consumption volume, market trends and Population Health Management business
price structures throughout the forecast amount from 2014 to 2025.
Global Population Health Management
Market is expected to reach USD 88.9 billion by 2025. Population Health
Management is the combination of patient data across many health information
technology resources and a management within healthcare industry that
facilitates and studies care distribution across the general population. The
main aim of PHM is to examine, collect, and regularize clinical data to recover
the patients’ health and the provider’s financial results. The Population
Health Management industry is estimated to grow at a significant CAGR over the
future period as the scope and its applications are rising enormously across
the globe.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Population Health Management Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Population Health Management Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Growing geriatric population and
occurrence of chronic disease, government initiative for the deterrence of
long-lasting diseases and acceptance of HCIT, and rising use of enhanced big
data and IT technologies are documented as major factors of Population Health
Management that are estimated to enhance the growth in the years to come.
However, lack of knowledge and high cost may restrain overall market growth in
the coming years. Population Health Management Market is segmented based on
component, mode of delivery, end user, and region.
Services and software are the two
important components of Population Health Management industry that could be
explored in forecast period. software segment accounted for the largest market
share of Population Health Management and is estimated to lead the overall
market in coming years. Mode of delivery may on-premise, web-based, and
cloud-based that could be explored in the Market in the foremost period.
The market may be categorized based on
end users like government bodies, healthcare providers, employer groups,
healthcare payers, and others could be explored in foremost period. the
healthcare providers sector accounted for the largest market share and is
estimated to continue its dominance in the coming years. This may be because of
application of Hospital Readmissions Reduction Program and Affordable Care Act in
the United States to lower the healthcare cost. Also, healthcare payers sector
is estimated to grow at highest CAGR in the coming years. these payers are the
third party entities like insurance carriers and known to be a financer or
reimburse the cost of health services.
Globally, North America accounted for
the largest market share in 2016 and is estimated to lead the overall market in
the coming years. The United States is a major consumer of Population Health
Management in this region. This may be because of application of the affordable
care act (ACA).Instead, Europe and the Asia Pacific are also estimated to have
a positive influence on the future growth.
Europe is the second largest region with
significant market share. Germany is a major consumer, as rising awareness
among people regarding the benefits of Population Health Management (PHM),
developed healthcare infrastructure, governmental and non-governmental
organizations initiative, and high occurrence of disease.
However, Asia Pacific is estimated to
grow at fastest pace with the highest CAGR in the foremost period. The aspects
that may be ascribed to the growth comprise, growing disposable income,
government initiative for disease management using data analytics, developing
healthcare infrastructure, and increasing awareness regarding PHM. The Japan
and Australia are the major consumers of Population Health Management in the
region.
The key players of Population
Health Management Market are Verscend Technologies, Inc., Cerner Corporation,
i2i Population Health, McKesson Corporation, Wellcentive Inc., Allscripts
Healthcare Solutions, Inc., Health Catalyst, LLC, Healthagen, LLC., Conifer
Health Solutions, LLC, OptumHealth, Epic Corporation, Inc., and IBM
Corporation. These players are concentrating on inorganic growth to sustain
themselves amongst fierce competition. As such, mergers, acquisitions, and
joint ventures are the need of the hour.
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aim to reach the highest levels of customer satisfaction. Our representatives
strive to understand diverse client requirements and cater to the same with the
most innovative and functional solutions.
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