Population Health Management Market Drivers, Trends, and Forecast by 2031

MARKET OVERVIEW

Population health management (PHM) is the collection and analysis of patient data collected from different patients across various health Information Technology (IT) resources. It allows healthcare practices and providers to measure compliance across their patient population and improve both clinical and financial outcomes. It helps to improve and ease the healthcare outcomes of a group by monitoring the patient's condition and segmenting the patients based on disease and enhancing clinical outcomes and lowering the cost of treatments.

MARKET SCOPE

The "Global Population Health Management Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the population health management market with detailed market segmentation by type, deployment model, application, and geography. The report provides key statistics on the market status of the leading population health management market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on product, the market is segmented as hardware, services, and software.
• Based on the solution, the global population health management market is bifurcated into data integration and management, analytics, patient engagement, and care coordination.
• On the basis of delivery mode, the market is segmented as on-premise and cloud-based.
• Based on end user, the market is segmented as healthcare providers, healthcare payers, and others.

MARKET DYNAMICS

Drivers

• Government mandates and support for healthcare IT solutions are the major key driving factors for market growth.
• The growing research and development in the healthcare sector and increasing healthcare expenditure to increase digitalization of the healthcare sector boost the population health management market growth.
• Increasing use of big data analytics will provide opportunity for market's growth.

Restraints

• Associated high cost of population health management platforms installation is likely to restraint the market growth.
• Lack of skilled analysts and data breach are another restraining factor.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The population health management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the population health management market in these regions.

IMPACT OF COVID-19 ON POPULATION HEALTH MANAGEMENT MARKET

Coronavirus has spread across 215 countries and territories and affected more than 6 million people. The pandemic has had considerable social and economic ramifications across a variety of industries and sectors. COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. With a sudden decrease in procedures and in-person visits, population health becomes vital in health care delivery in order to improve outcomes and reduce costs. By utilizing PHM tools, technology, and infrastructure of existing population health programs, organizations are providing better care delivery to meet emerging patient needs. Population health management will have a vital role after COVID-19. It is required to support financial recovery and lead the transformation of health care delivery by creating efficiency and improving outcomes.

MARKET PLAYERS

The report covers key developments in the population health management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from population health management market are anticipated to lucrative growth opportunities in the future with the rising demand for population health management in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the population health management market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Siemens healthcare
• Allscripts Healthcare, LLC
• Conifer Health Solutions, LLC
• Cerner Corporation
• Enli Health Intelligence
• McKesson Corporation
• eClinicalWorks
• Optum, Inc.
• Koninklijke Philips N.V.
• ZeOmega

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Population Health Management Report Scope