BANGALORE, India, April 14, 2020 /PRNewswire/ -- The global population health management market size will grow at a CAGR of 14.14% from USD 21.615 billion in 2019 to USD 47.813 billion by 2025.
Population Health Management (PHM) is the collection of patient data from various health information technology systems, the processing of that data into one comprehensive, actionable patient record. Population health management (PHM) systems are capable of analyzing clinical, financial, and organizational data that help enhance patient care and effectiveness.
According to Health Information Technology, the adoption of electronic health records by physicians for population health management is growing. For example, in 2017, almost 86 % of office-based physicians had adopted any EHR, and almost 80 percent had adopted a certified EHR.
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TRENDS INFLUENCING THE POPULATION HEALTH MANAGEMENT MARKET SIZE
- Owing to the introduction of technologies such as machine learning, data science, and artificial intelligence, the penetration of information technology within the healthcare sector is growing rapidly. Public health management aggregates patient data across various health information technology services and innovative public health programs in order to detect patterns within a specific community that needs in-depth data analysis.
- AI and applied analytics support healthcare organizations with logistical and marketing activities, with access to patient data through automating outreach. Together with AI and blockchain, technology is expected to help solve security problems related to data sharing in the future and has the potential to provide quick access to a vast volume of data that offers enhanced real-time patient experience. Thus, the adoption of innovations such as AI, blockchain, virtual reality, and wearable technology is growing in the healthcare sector, and the deployment of population health management software among hospitals is increasing with the aid of data integration with EHR.
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REGION WISE POPULATION HEALTH MANAGEMENT MARKET SHARE ANALYSIS
- North America was the largest regional market in 2019 and is expected to maintain its position over the forecast period as suppliers, payers, and care providers encourage the use of PHM services.
- The Asia Pacific healthcare market is expected to see the fastest growth in the coming years due to increased healthcare spending and improved healthcare infrastructure in the region.
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POPULATION HEALTH MANAGEMENT MARKET SEGMENTATION
COMPONENT
- Services
- Consulting
- Post-sale & Maintenance
- Training & Education
- Software
- Analytics
- Point of Care Decision Support
- Predictive Analytics
- Care Coordination
- Care Management Workflow Automation
- Care Team Coordination
- Clinical Reporting
- Real-time Alerting
- Data Integration & Management
- Clinical Data Integration
- Data Warehousing
- Financial Data Integration
- Monitoring & Compliance
- Real-time Data Exploration
- Patient Engagement
- Multimodal Communication
- Remote Monitoring
- Treatment Plan
- Monitoring & Compliance
DEPLOYMENT
- On-Cloud
- On-Premise
END-USER
- Employer Group
- Government
- Healthcare Payer
- Healthcare Provider
KEY PLAYERS
- Allscripts Healthcare Solutions, Inc.
- AssureCare, LLC
- athenahealth, Inc.
- Cerner Corporation
- Conifer Health Solutions, LLC
- eClinicalWorks, LLC
- Enli Health Intelligence Corporation
- Health Catalyst Inc.
- Healthagen, LLC
- IBM Corporation
- Koninklijke Philips N.V.
- McKesson Corporation
- Medecision, Inc.
- Nextgen Healthcare, Inc.
- Optum, Inc.
- RedBrick Health Corporation
- SPH Analytics
- Welltok, Inc.
"AssureCare, LLC the potential growing player for the Global Population Health Management Market"
REASONS TO BUY:
The Population Health Management Market research study reveals hidden insights and dynamics, which in turn helps the players in the ecosystem take better strategic decisions. The firms looking for purchasing the Population Health Management Market research report could look for following prospects on their way to better understand the market that can aid further decision making and possibly identify the best opportunities to exploit.
- Evaluate the qualitative and quantitative aspects of the report and analyze the Population Health Management Market penetration with respect to industries and geographies.
- Evaluates the key vendors and deeply analyzes competitive landscape, revenue pockets, market trends, growth prospects, pain points, drivers, restraints, challenges and opportunities of the Population Health Management Market.
- Evaluate the key vendors in the Population Health Management Market in terms of product satisfaction and business strategy.
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SIMILAR REPORTS :
● Population Health Management Software Market
Public Health Management (PHM) Software incorporates data for analysis through healthcare IT systems and stores aggregated data from patients. These products are aimed at improving operational productivity and cost-effectiveness and enhancing the quality of individualized patient care.
This study focuses on the status of global population health management tools, future forecasts, prospects for growth, key industry, and key players. The aims of the study are to present the development of Population Health Management Systems in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3Q235/population-health-management-software-market
● Healthcare Provider Population Health Management Software Market
Healthcare provider population health management software cover a range of IT capabilities and related resources that allow provider organizations to manage patient populations and achieve specific quality, cost, and experience objectives.
In the Asia Pacific regions, the Healthcare Provider Population Health Management Software Market is expected to show remarkable growth during the forecast period. Cutting-edge technology and inventions are the North America region's most significant characteristics and are expected to dominate the market over the forecast period.
View Full Report : https://reports.valuates.com/market-reports/QYRE-Othe-0W231/healthcare-provider-population-health-management-software-market
● Healthcare Provider Population Health Management Platforms Market
The Population Health Management Platform relies entirely on "Internet +"' superior capabilities and develops integrated modules such as exchanging health information, telemedicine, chronic disease management, and graded diagnosis and care.
This study focuses on the status of the global Healthcare Provider Population Health Management Platform, future projections, opportunities for growth, key industry, and key players. The objective of the study is to present the development of the Healthcare Provider Population Health Management Systems in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
View Full Report : https://reports.valuates.com/market-reports/QYRE-Othe-4L226/healthcare-provider-population-health-management-platforms-market
● Population Health Management Systems Market
Population health management (PHM) system market refers to a focused systemic approach to optimizing a group of individuals' health outcomes.
This study focuses on the status of the global population health management systems, future projections, opportunities for growth, key market, and key players. The aims of the study are to address the development of Population Health Management Systems in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
View Full Report : https://reports.valuates.com/market-reports/QYRE-Othe-1K276/population-health-management-systems-market
● Predictive Analytics in Healthcare Market
The global Predictive Analytics in Healthcare Market Report was estimated at USD 1.806 billion in 2017 and is expected to hit USD 8.464 billion by 2025 at a CAGR of 21.2 percent.
Predictive analytics detects a trend in historical and transactional data and uses it to predict potential threats and opportunities. Based on the available descriptive data, predictive analytics uses various techniques to analyze and estimate the possible future, including machine learning, statistical techniques, and predictive modeling.
The study provides a thorough quantitative review of current market patterns from 2017 to 2025 in order to recognize the opportunities that prevailed.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-0B294/predictive-analytics-in-healthcare-market
● Patient Engagement Software Market
The global Patient Engagement Software market size was USD 6.450 billion in 2018 and is forecast to hit USD 25.800 billion by the end of 2025, with a CAGR of 18.9 percent in 2019-2025.
The hospital's category is projected to have the largest share of 73% in the Patient Engagement Software Market in 2017. The North America region holds the largest share with roughly 42% revenue market share in 2017. Europe is the second-largest region after North America, with a revenue share of 28 percent.
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