The Global Population Health Management Market size is expected to reach $100.1 billion by 2025, rising at a market growth of 21.1% CAGR during the forecast period. Population Health Management refers to the management of patient data or information across multiple health information technology resources, followed by an analysis of existing data for a single actionable patient record. These functional records may improve financial and clinical outcomes for healthcare providers. The primary objective of population health management is to enhance the health outcomes of a population group by evaluating individual patients within the group.
Growing penetration of IT in the healthcare sector is anticipated to accelerate market growth in the coming years. The advantages provided by population health management systems like remote patient monitoring, data integration, and data storage, are likely to be a driving force on the market. Improved awareness of the adoption of better-personalized medicines is expected to provide significant growth opportunities for market players in the years to come.
The convergence of the move towards value-based payments, large-scale infrastructure investments in health information technology, along with technological advancements in Big Data, and increasing consumerism in healthcare are among the key drivers that shape healthcare delivery around the world. Healthcare organizations are at high risk for health and financial consequences, due to which, they must rely on population health management software and services. These solutions can help with data collection and analysis to identify and stratify populations, assist Healthcare teams with planning and monitoring of treatment and results. They can also engage members to be involved in managing their care when they move forward.
Based on Product, the market is segmented into Services and Software. Based on End Use, the market is segmented into Providers, Payers and Employer Groups. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix, IBM Corporation and UnitedHealth Group, Inc. (Optum, Inc.) are some of the forerunners in the Population Health Management Market. Companies such as McKesson Corporation, Tenet Healthcare Corporation (Conifer Health Solutions, LLC), Epic Systems Corporation, eClinicalWorks LLC, Athenahealth, Inc. (Veritas Capital), Koninklijke Philips N.V., Cerner Corporation, and AllScripts Healthcare Solutions, Inc. are some of the key innovators in Population Health Management Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AllScripts Healthcare Solutions, Inc., Cerner Corporation, McKesson Corporation, Tenet Healthcare Corporation (Conifer Health Solutions, LLC), eClinicalWorks LLC, UnitedHealth Group, Inc. (Optum, Inc.), Koninklijke Philips N.V., Athenahealth, Inc. (Veritas Capital), IBM Corporation, and Epic Systems Corporation.
Market Segmentation:
By Product
- Services and
- Software
By End User
- Providers
- Payers and
- Employer Groups
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- AllScripts Healthcare Solutions, Inc.
- Cerner Corporation
- McKesson Corporation
- Tenet Healthcare Corporation (Conifer Health Solutions, LLC)
- eClinicalWorks LLC
- UnitedHealth Group, Inc. (Optum, Inc.)
- Koninklijke Philips N.V.
- Athenahealth, Inc. (Veritas Capital)
- IBM Corporation
- Epic Systems Corporation