Arunachal Pradesh Headlines

Population Health Management Market | An Emerging Market with Attractive Growth Opportunities

 Breaking News
  • No posts were found

Population Health Management Market | An Emerging Market with Attractive Growth Opportunities

September 27
19:41 2019
Population Health Management Market | An Emerging Market with Attractive Growth Opportunities

Cerner Corporation (U.S.), McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Healthagen, LLC. (U.S.), OptumHealth (U.S.), IBM Corporation (U.S.), Epic Corporation, Inc. (U.S.), Conifer Health Solutions, LLC (U.S.), Health Catalyst, LLC (U.S.), Wellcentive, Inc. (U.S.), i2i Population Health (U.S.), and Verscend Technologies, Inc. (U.S.) are some of the key players in the population health management market.
Population Health Management Market by Component (Software, Services), End User (Healthcare Providers, Healthcare Payers, Employer Groups, Government Bodies), Mode of Delivery (Web-based, Cloud-based, On-premise), Region – Global Forecast to 2021

What is the future growth analysis of global Population Health Management Market?

The population health management market is projected to reach USD 42.54 billion by 2021 from USD 13.85 billion in 2016, at a CAGR of 25.2%.

 

What are key factors driving growth of global Population Health Management Market?

The growth of the overall industry can be attributed to the implementation of the Affordable Care Act (ACA) in the U.S., government support for the prevention of diseases and adoption of HCIT, growing geriatric population and the subsequent increase in the prevalence of chronic diseases, need for affordable treatment options due to the rising healthcare costs, and advancing IT and big data capabilities.

What the growth opportunities are in Population Health Management Market?

1. Untapped Emerging Markets
2. Increasing Focus on Value-Based Medicine
3. Focus on Personalized Medicine Based on Analytics

Know more, Download PDF Brochure Now:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=263411936 

Global Market Segmentation:

In the current market scenario, there is a growing demand for population health management market. The market has been categorized based on component, mode of delivery, end user, and region.

Based on component, the report is categorized into software and services. The software segment is expected to command the largest share of the global market in 2016. PHM software includes web-based and cloud-based solutions. The advantage of these solutions is that the service provider maintains and upgrades the software and eliminates the buyer’s responsibility of server support and maintenance, which enables the buyer to focus on their core business.

A web-based population health management system eliminates the buyer’s responsibility for server support and maintenance. Concurrently, control of the server also transfers from the healthcare provider to the vendor. The healthcare provider is dependent on the vendor for reliability, uptime, and functionality of the server. The vendor also takes responsibility of all external interfaces such as labs and imaging, making it beneficial for the healthcare provider. In the web-based delivery mode, a monthly fee per provider is charged; other relevant costs such as extra internet connection might also be applicable.

Cloud-based solutions are based on SaaS (Software-as-a-Solution), which utilizes a group of servers to spread data processing tasks across healthcare organizations. This process requires a shared IT infrastructure, which contains a large pool of data that is integrated from disparate locations. This technology is flexible, scalable, and affordable.

Geographic Growth Analysis:

On the basis of region, this market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to account for the largest share of the market in 2016. The U.S. is the largest market in North America, owing to the rising healthcare costs, growing geriatric population, the implementation of the Affordable Care Act (ACA), increasing funding for population health management, rising prevalence of chronic diseases, and increasing number of awareness campaigns. 

However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This can be attributed to the implementation of a number of PHM programs to improve population health in Australia, growing medical tourism in Asia, rapidly growing healthcare industry in India, efforts taken to digitalize the healthcare system in China, investments and reforms to modernize China’s healthcare infrastructure, and new outline by Japan’s information and communication technology fund.

Get Your Queries Resolved From Subject Expert | Speak To Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=263411936

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/population-health-management-market-263411936.html

Related Articles