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The market for population health management, which was valued at $19.20 billion in 2023, is anticipated to increase at a CAGR of 13.7% from 2023 to 2030, reaching $63.8 billion.
The process of improving clinical health outcomes for a particular group of people through better care coordination and patient participation, which is supported by suitable financial and care models, is known as population health management (PHM). Its primary objective is to collect and assess clinical data from a patient's healthcare setting in order to identify chances to enhance the patient's health and the provider's financial outcomes. With this idea, population management in primary care will change from being reactive to proactive.
Population health management refers to a program where patient data is gathered from numerous health information technology sources. This makes it possible to collect this data and evaluate them into a single, actionable patient record, enabling medical professionals to improve the clinical and financial outcomes for their patients. Many manufacturers invest in R&D to offer innovative products that can benefit healthcare organizations. The majority of population healthcare management software use a business intelligence platform to collect data, giving healthcare professionals the ability to build a precise and accurate medical picture of each patient. Patient involvement, integration, care coordination, value-based care measurement, and health information management are all included in this management. Hospitals and other healthcare organizations are working to enhance numerous healthcare-related procedures. Managing patient treatment operations, providing healthcare, reporting or MIS, and information connection across many divisions, including pathology, the field of radiology intensive care, and others, are only a few of the countless healthcare activities. Hospitals can share information, refer patients, and spread disease awareness using technology.
The market for population health management is being driven in large part by the rising desire for better patient outcomes, including good economic and therapeutic outcomes. Medical professionals now have access to aggregated patient data from many different medical specialties because to population health management platforms. This benefits patients by allowing for more informed and efficient clinical decisions that lead to better treatment outcomes and lower treatment costs. This is especially true nowadays, when many people suffer from several chronic conditions, such as diabetes and heart disease. Its primary objectives are enhanced population health and healthcare outcomes. Additionally, it makes it simpler for patients and medical providers to rapidly access medical information. Additionally, there are several potential for IT goods and services in the healthcare sector.
It is anticipated that the growing senior population and ensuing rise in disease burden will have a considerable influence on the healthcare systems in many nations. Given the increased strain on government funds, the fall in the number of healthcare workers in various locations, and the higher prevalence of chronic diseases, the effects of the growing senior population are even more pronounced. Medical identity theft occurs in about one-third of data breaches in the healthcare sector, primarily because of weak internal controls over patient information, a lack of top management support, out-of-date policies and procedures or a failure to follow them, and insufficient staff training. These factors all play a role in the rise in data breaches and medical identity theft cases in the sector. As a result, maintaining patient anonymity in the healthcare sector is extremely difficult.
To expand hospital capacity for patients diagnosed with COVID-19, a significant number of clinics and hospitals around the world underwent restructuring. A potential backlog in non-essential procedures developed as a result of the sharp increase in COVID-19 cases. The lockout caused delays in the production and delivery of critical medical supplies. Limited access to medical treatment, a staffing deficit in the healthcare industry, and an increase in COVID-19-related hospitalization are a few more variables that have an impact on the market. The rising incidence of COVID-19 had heightened the demand for dependable diagnostic and therapeutic tools in diverse nations. Systems for population health management have shown to be quite helpful in these economies because they make it simple for healthcare providers to combine services like patient management, electronic health records (EHR), and care management. A rise in the patient population was accompanied by a spike in the usage of population health management tools and EHR and EMR platforms. Consequently, this had a favorable effect on the population health management sector.
Report Coverage
Global Population Health Management research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Population Health Management report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Population Health Management competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Population Health Management market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Population Health Management market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Population Health Management market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cerner Corporation (US), Epic Systems Corporation (US), Koninklijke Philips (Netherlands), i2i Population Health (US), Health Catalyst (US), Optum (US), Enli Health Intelligence (US), eClinicalWorks (US), Allscripts Healthcare Solutions (US), IBM Corporation (US), HealthEC LLC (US), Medecision (US), Arcadia (US), athenahealth (US), Cotiviti (US), NextGen Healthcare, Inc. (US), Conifer Health Solutions (US), SPH Analytics (US), Lightbeam Health Solutions (US), Innovaccer (US), Lumeris (US), Zeomega (US), HGS Healthcare, LLC (US), Persivia (US), Color Health, Inc.(US), Health EC, LLC., Health Care Service Corporation (Medecision), International Business Machines Corporation (IBM Watson Health), Oracle Corporation (Cerner Corporation), UnitedHealth Group (Optum, Inc.), McKesson Corporation, Healthagen LLC.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Population Health Management market based on the below-mentioned segments:
Global Population Health Management Market, By Component
Hardware
Software
Service
Others
Global Population Health Management market, By Solution
Data Integration & Management
Analytics
Others
Global Population Health Management Market, By End User
Healthcare Providers
Healthcare Payers
Government organizations
Global Population Health Management market, Regional Analysis
The process of improving clinical health outcomes for a particular group of people through better care coordination and patient participation, which is supported by suitable financial and care models, is known as population health management (PHM). Its primary objective is to collect and assess clinical data from a patient's healthcare setting in order to identify chances to enhance the patient's health and the provider's financial outcomes. With this idea, population management in primary care will change from being reactive to proactive.
Population health management refers to a program where patient data is gathered from numerous health information technology sources. This makes it possible to collect this data and evaluate them into a single, actionable patient record, enabling medical professionals to improve the clinical and financial outcomes for their patients. Many manufacturers invest in R&D to offer innovative products that can benefit healthcare organizations. The majority of population healthcare management software use a business intelligence platform to collect data, giving healthcare professionals the ability to build a precise and accurate medical picture of each patient. Patient involvement, integration, care coordination, value-based care measurement, and health information management are all included in this management. Hospitals and other healthcare organizations are working to enhance numerous healthcare-related procedures. Managing patient treatment operations, providing healthcare, reporting or MIS, and information connection across many divisions, including pathology, the field of radiology intensive care, and others, are only a few of the countless healthcare activities. Hospitals can share information, refer patients, and spread disease awareness using technology.
The market for population health management is being driven in large part by the rising desire for better patient outcomes, including good economic and therapeutic outcomes. Medical professionals now have access to aggregated patient data from many different medical specialties because to population health management platforms. This benefits patients by allowing for more informed and efficient clinical decisions that lead to better treatment outcomes and lower treatment costs. This is especially true nowadays, when many people suffer from several chronic conditions, such as diabetes and heart disease. Its primary objectives are enhanced population health and healthcare outcomes. Additionally, it makes it simpler for patients and medical providers to rapidly access medical information. Additionally, there are several potential for IT goods and services in the healthcare sector.
It is anticipated that the growing senior population and ensuing rise in disease burden will have a considerable influence on the healthcare systems in many nations. Given the increased strain on government funds, the fall in the number of healthcare workers in various locations, and the higher prevalence of chronic diseases, the effects of the growing senior population are even more pronounced. Medical identity theft occurs in about one-third of data breaches in the healthcare sector, primarily because of weak internal controls over patient information, a lack of top management support, out-of-date policies and procedures or a failure to follow them, and insufficient staff training. These factors all play a role in the rise in data breaches and medical identity theft cases in the sector. As a result, maintaining patient anonymity in the healthcare sector is extremely difficult.
To expand hospital capacity for patients diagnosed with COVID-19, a significant number of clinics and hospitals around the world underwent restructuring. A potential backlog in non-essential procedures developed as a result of the sharp increase in COVID-19 cases. The lockout caused delays in the production and delivery of critical medical supplies. Limited access to medical treatment, a staffing deficit in the healthcare industry, and an increase in COVID-19-related hospitalization are a few more variables that have an impact on the market. The rising incidence of COVID-19 had heightened the demand for dependable diagnostic and therapeutic tools in diverse nations. Systems for population health management have shown to be quite helpful in these economies because they make it simple for healthcare providers to combine services like patient management, electronic health records (EHR), and care management. A rise in the patient population was accompanied by a spike in the usage of population health management tools and EHR and EMR platforms. Consequently, this had a favorable effect on the population health management sector.
Report Coverage
Global Population Health Management research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Population Health Management report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Population Health Management competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Population Health Management market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cerner Corporation (US), Epic Systems Corporation (US), Koninklijke Philips (Netherlands), i2i Population Health (US), Health Catalyst (US), Optum (US), Enli Health Intelligence (US), eClinicalWorks (US), Allscripts Healthcare Solutions (US), IBM Corporation (US), HealthEC LLC (US), Medecision (US), Arcadia (US), athenahealth (US), Cotiviti (US), NextGen Healthcare, Inc. (US), Conifer Health Solutions (US), SPH Analytics (US), Lightbeam Health Solutions (US), Innovaccer (US), Lumeris (US), Zeomega (US), HGS Healthcare, LLC (US), Persivia (US), Color Health, Inc.(US), Health EC, LLC., Health Care Service Corporation (Medecision), International Business Machines Corporation (IBM Watson Health), Oracle Corporation (Cerner Corporation), UnitedHealth Group (Optum, Inc.), McKesson Corporation, Healthagen LLC. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Population Health Management Market from 2021 to 2030.
- Market Forecast for Population Health Management Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Population Health Management competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Population Health Management
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Population Health Management market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Population Health Management market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cerner Corporation (US), Epic Systems Corporation (US), Koninklijke Philips (Netherlands), i2i Population Health (US), Health Catalyst (US), Optum (US), Enli Health Intelligence (US), eClinicalWorks (US), Allscripts Healthcare Solutions (US), IBM Corporation (US), HealthEC LLC (US), Medecision (US), Arcadia (US), athenahealth (US), Cotiviti (US), NextGen Healthcare, Inc. (US), Conifer Health Solutions (US), SPH Analytics (US), Lightbeam Health Solutions (US), Innovaccer (US), Lumeris (US), Zeomega (US), HGS Healthcare, LLC (US), Persivia (US), Color Health, Inc.(US), Health EC, LLC., Health Care Service Corporation (Medecision), International Business Machines Corporation (IBM Watson Health), Oracle Corporation (Cerner Corporation), UnitedHealth Group (Optum, Inc.), McKesson Corporation, Healthagen LLC.
Primary Target Market
- Market Players of Population Health Management
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Population Health Management market based on the below-mentioned segments:
Global Population Health Management Market, By Component
Hardware
Software
Service
Others
Global Population Health Management market, By Solution
Data Integration & Management
Analytics
Others
Global Population Health Management Market, By End User
Healthcare Providers
Healthcare Payers
Government organizations
Global Population Health Management market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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