IMARC Group, a leading market research company, has recently releases report titled “Population Health Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global population health management market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Population Health Management Market?

The global population health management market size reached US$ 60.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 194.3 Billion by 2028, exhibiting a growth rate (CAGR) of 19.2% during 2023-2028.

What is Population Health Management?

Population health management (PHM) is a robust and holistic approach to collecting and examining the health-related data of a patient. It involves care coordination, integration, patient engagement, value-based care measurement, data analytics, etc. Population health management focuses on improving the overall patient experience and easing healthcare outcomes. It reduces readmission rates and ensures appropriate and optimum interventions. Population health management also assists in providing real-time access to medical information to both patients and healthcare professionals. As a result, it finds widespread utilization among healthcare providers, government bodies, and private medical organizations.

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What are the growth prospects and trends in the Population Health Management Industry?

The escalating demand for these solutions to provide continuous surveillance and care to the patients, on account of the increasing prevalence of cardiological and neurological conditions, is among the primary factors driving the population health management market.

Besides this, the incorporation of advanced analytics technologies that assist in the digital delivery of data, faster and accurate diagnoses, and the generation of precise models for analyzing disease trajectories is further augmenting the market growth. Apart from this, the rising popularity of the population health management approach to deliver individualized care based on the genetics, behavior, and environment of the patient is also catalyzing the global market.

Moreover, the growing geriatric population, which is prone to acute chronic ailments, is acting as another significant growth-inducing factor. Furthermore, the launch of favorable policies by the government bodies to promote public health and the expanding medical sector are expected to bolster the population health management market in the coming years. 

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What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Component:

• Software
• Services

Breakup by Mode of Delivery:

• Cloud-based
• Web-based
• On-premises

Breakup by End User:

• Healthcare Providers
• Healthcare Payers
• Employer Groups
• Government Bodies

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including: 

Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation, eClinicalWorks, Health Catalyst Inc., International Business Machines Corporation, Koninklijke Philips N.V., Lightbeam Health Solutions, McKesson Corporation, Nextgen Healthcare Inc., Optum Inc. (UnitedHealth Group Incorporated) and Symphony Performance Health Inc. (Press Ganey Associates)

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