Population Health Management (PHM) Market Industry Trends and Forecast to 2030
Brief Overview of the Population Health Management (PHM) Market:
The global Population Health Management (PHM) Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.
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Which are the top companies operating in the Population Health Management (PHM) Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Population Health Management (PHM) Market report provides the information of the Top Companies in Population Health Management (PHM) Market in the market their business strategy, financial situation etc.
MCKESSON CORPORATION (U.S.), Verisk Analytics, Inc (U.S.), Health Catalyst (U.S.), athenahealth, Inc. (U.S.), Medecision (U.S.), Xerox Corporation (U.S.), Fonemed (U.S.), General Electric (U.S.), NXGN Management, LLC (U.S.), Optum Inc. (U.S.), Conifer Health Solutions, LLC (U.S.), IBM (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens Healthcare GmbH (Germany)
Report Scope and Market Segmentation
Which are the driving factors of the Population Health Management (PHM) Market?
The driving factors of the Population Health Management (PHM) Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Population Health Management (PHM) Market - Competitive and Segmentation Analysis:
**Segments**
- Based on component, the market can be segmented into software and services. The software segment is expected to witness significant growth due to the increasing adoption of advanced technologies such as AI and machine learning to improve healthcare outcomes and reduce costs.
- On the basis of mode of delivery, the market is divided into cloud-based PHM solutions and on-premise PHM solutions. The cloud-based segment is projected to dominate the market during the forecast period as it offers scalability, flexibility, and cost-effectiveness.
- By end-user, the market is categorized into healthcare providers, healthcare payers, employer groups, and government bodies. The healthcare providers segment is anticipated to hold the largest market share as they are increasingly focusing on population health management to deliver value-based care.
**Market Players**
- Cerner Corporation
- IBM Corporation
- Allscripts Healthcare, LLC
- UnitedHealth Group
- Epic Systems Corporation
- McKesson Corporation
- Koninklijke Philips N.V.
- Health Catalyst
- ZeOmega
- Persivia
- Innovaccer
The global population health management (PHM) market is poised for significant growth in the coming years, driven by the increasing focus on value-based care, rising healthcare costs, and the growing prevalence of chronic diseases. With the advancements in technology and data analytics, PHM solutions are becoming essential for healthcare organizations to improve patient outcomes and reduce overall costs. The software segment is expected to lead the market as healthcare providers adopt advanced solutions to enhance care coordination and population health outcomes. Cloud-based PHM solutions are gaining traction due to their scalability and cost-effectiveness, further fueling market growth. Healthcare providers are the primary end-users of PHM solutions, driving the demand for population health management tools to deliver quality care efficiently. Market players such as Cerner Corporation, IBM Corporation, and Allscripts Healthcare, LLC are actively involved in developing innovative PHM solutions to meet the evolving needs of the healthcare industry. Overall, the global PHM market is setThe global population health management (PHM) market is witnessing significant growth due to various factors driving the adoption of PHM solutions across the healthcare industry. One of the key drivers is the shift towards value-based care, where healthcare providers are incentivized to deliver high-quality care at reduced costs. This transition has led to a growing demand for PHM solutions that help in analyzing and managing patient populations more effectively, ultimately improving outcomes and lowering healthcare expenditures.
Another factor contributing to the growth of the PHM market is the increasing prevalence of chronic diseases globally. Chronic conditions such as diabetes, cardiovascular diseases, and respiratory disorders require continuous monitoring and management, making PHM solutions essential for identifying at-risk populations, implementing preventive measures, and optimizing care delivery for better health outcomes.
Furthermore, the rising healthcare costs are prompting healthcare organizations to look for ways to enhance operational efficiencies and resource utilization. PHM solutions play a crucial role in streamlining care processes, reducing unnecessary hospital readmissions, and improving care coordination, thereby lowering overall healthcare expenses.
In terms of market segmentation, the software segment is expected to witness robust growth as healthcare providers increasingly invest in advanced technologies like AI and machine learning to drive population health initiatives. These software solutions offer capabilities such as predictive analytics, risk stratification, and care management tools that are instrumental in identifying high-risk patients and improving care delivery.
The shift towards cloud-based PHM solutions is also a significant trend in the market, with healthcare organizations opting for cloud deployments due to their scalability, flexibility, and cost-effectiveness. Cloud-based solutions enable easy access to patient data, seamless integration with other healthcare systems, and real-time analytics capabilities, enhancing the overall effectiveness of population health management programs.
Healthcare providers remain the primary end-users of PHM solutions, as they seek to improve care quality, patient outcomes, and operational efficiencies. By leveraging PHM tools, healthcare providers can proactively manage population health, track key performance indicators, and engage patients in their care, leading to more personalized and effective healthcare services**Market Players**
- MCKESSON CORPORATION (U.S.)
- Verisk Analytics, Inc (U.S.)
- Health Catalyst (U.S.)
- athenahealth, Inc. (U.S.)
- Medecision (U.S.)
- Xerox Corporation (U.S.)
- Fonemed (U.S.)
- General Electric (U.S.)
- NXGN Management, LLC (U.S.)
- Optum Inc. (U.S.)
- Conifer Health Solutions, LLC (U.S.)
- IBM (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Siemens Healthcare GmbH (Germany)
The global population health management (PHM) market is experiencing significant growth driven by various factors influencing the adoption of PHM solutions within the healthcare industry. One of the primary drivers is the transition towards value-based care, pushing healthcare providers to deliver high-quality care at reduced costs. This shift is fueling the demand for PHM solutions that aid in analyzing and managing patient populations more effectively, thereby enhancing outcomes and decreasing healthcare expenditures.
The prevalence of chronic diseases globally is also contributing to the growth of the PHM market. Conditions like diabetes, cardiovascular diseases, and respiratory disorders require continuous monitoring and management, making PHM solutions crucial in identifying at-risk populations, implementing preventive measures, and optimizing care delivery for better health outcomes.
Moreover, the increasing healthcare costs are prompting healthcare organizations to seek ways to improve operational efficiencies and resource utilization. PHM solutions play a vital role in
North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Population Health Management (PHM) Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.
Similarly, Europe plays a crucial role in the global Population Health Management (PHM) Market, expected to exhibit impressive growth in CAGR from 2024 to 2030.
Global Population Health Management (PHM) Market Industry Trends and Forecast to 2030
Key Benefits for Industry Participants and Stakeholders: –
- Industry drivers, trends, restraints, and opportunities are covered in the study.
- Neutral perspective on the Population Health Management (PHM) Market scenario
- Recent industry growth and new developments
- Competitive landscape and strategies of key companies
- The Historical, current, and estimated Population Health Management (PHM) Market size in terms of value and size
- In-depth, comprehensive analysis and forecasting of the Population Health Management (PHM) Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
The countries covered in the Population Health Management (PHM) Market report are U.S., copyright and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA
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This Population Health Management (PHM) Market Research/Analysis Report Contains Answers to the Following Questions:
Who are the Key Players of Population Health Management (PHM) Market?
- Identify the major companies and entities leading the market, their market share, financial performance, geographic presence, and their role in driving industry trends.
What are the Population Health Management (PHM) Market Trends?
- Explore current and emerging trends shaping the market, including technological advancements, consumer preferences, and regulatory impacts.
What is the Population Health Management (PHM) Market Size and Growth Rate?
- Understand the current size of the market, its historical growth, and future projections, including key factors driving or hindering growth.
What are the Opportunities and Challenges?
- Identify potential opportunities for growth, innovation, and investment, as well as the challenges and risks that may affect market dynamics.
What are the Key Population Health Management (PHM) Market Segments?
- Breakdown the market into its major segments based on product types, applications, end-users, and geographic regions to highlight areas of significant activity and potential.
What are the Competitive Strategies?
- Analyze the strategies adopted by key players, including product development, partnerships, mergers and acquisitions, and marketing tactics that drive their competitive edge.
What is the Consumer Behavior?
- Gain insights into consumer preferences, purchasing patterns, and factors influencing buying decisions within the market.
What are the Regulatory and Compliance Requirements?
- Understand the legal and regulatory landscape governing the market, including compliance requirements that companies must adhere to.
What are the Population Health Management (PHM) Market Forecasts?
- Provide future market outlook with detailed forecasts, including expected growth rates, emerging trends, and potential disruptions over the next few years.
What are the Innovation and R&D Activities?
- Highlight key innovations and research and development activities by leading companies that are shaping the future of the market.
Explore a comprehensive Table of Contents (TOC) with detailed tables, figures, and charts spanning over 350+ pages. Gain exclusive access to crucial data, information, vital statistics, trends, and a detailed competitive landscape analysis within this specialized sector.
Detailed TOC of Population Health Management (PHM) Market Insights and Forecast to 2030
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Population Health Management (PHM) Market Landscape
Part 05: Pipeline Analysis
Part 06: Population Health Management (PHM) Market Sizing
Part 07: Five Forces Analysis
Part 08: Population Health Management (PHM) Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Population Health Management (PHM) Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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