All the market insights of the report are structured on a worldwide, regional and country basis. The report deals with the new business challenges and investment research on Population health management Market which includes market attributes, industry structure, and competitive scenario, the problems, desire concepts, together with business strategies and market effectiveness. This is the meticulous market research report which studies the challenges, market structures, opportunities, driving forces, and competitive landscape of your business. The report offers an in-depth investigation of the market driving factors, opportunities, restraints and challenges for obtaining the crucial insight of the market.
Market Analysis: Global Population health management Market
Global Population health management Market is expected to rise from its initial estimated value of USD 20.50 billion in 2018 to an estimated value of USD 82.61 billion by 2026, registering a CAGR of 19.03% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing prevalence of chronic diseases.
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Competitive Analysis: Global Population health management Market
Global population health management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of population health management market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Population health management Market
Few of the major competitors currently working in the population health management market are McKesson Corporation (US), Ze Omega Inc (US)., Verisk Analytics, Inc.. (US), Forward Health Group (US), Health Catalyst (US), Athena health, Inc.(US) , Cerner Corporation (US), Medecision (US), Xerox Corporation (US), Allscripts, Inc. (US), Fonemed. (US), Well Centive, Inc.(US), i2i Population Health (US), Conifer Health Solutions (US), GE Healthcare(US) , Health Business Intelligence Corp (US), IBM Corporation (US), NXGN Management, LLC (US), i2i Systems (US)., Optum Inc. (US), and Healthagen, LLC (US) among others.
Market Definition: Global Population health management Market
Population health management solutions help providers to share population health information, gain perspective, insights and act proactively to solve it. PHM solutions are used track the cost of healthcare in a year, in a particular organization. This is not a new idea but use of analytics in healthcare cost estimation is used since a long time. Though the usage of a PHM solution is today’s world can be attributed to few drivers such as access, cost, quality, lifestyle management, demand management, disease management and, care condition among others. PHM is must technology in the threatening economy, as process needs to change from providing healthcare to preventive healthcare. Estimating the major users of healthcare, chronic disease prevalence and identifying trends and proactively preventing healthcare threats will be the new goal of healthcare organization.
According to National Center for Chronic Disease Prevention, there were an estimated Six in ten Americans live with at least one chronic disease, like heart disease, cancer, stroke, or diabetes.,. This significant number is expected to act as a driver to the market growth.
- The increasing prevalence of chronic diseases is driving the growth of this market.
- The adoption of healthcare IT solutions is driving the growth of this market.
- The demand for healthcare integration, storage and management
- Privacy and security concerns is going to restrain the growth of this market.
- High capital expenditure and maintenance requirement is going to restrain the growth of this market.
Key Developments in the Market:
- In April 2019, VirtualHealth announced that they have received Population Health Management (PHM) Prevalidation from the National Committee for Quality Assurance (NCQA) for 2019 standards. It will establish virtual Health as a key player in the industry.
- In March 2018, Google announces Cloud Healthcare API to unlock health data At conference; HIMSS18 (Healthcare Information and Management Systems Society ). This will change market Dynamics as Google is leader in other It business.
Reasons to Purchase this Report
- Current and future of global population health management market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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