The global population health management market size is expected to reach USD 74.91 billion by 2030 according to a new study by Polaris Market Research. The report “Population Health Management Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By End-Use (Healthcare Providers, Healthcare Payers, Others); By Mode Of Delivery; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising government expenditure and support for medical IT solutions, surging adoption of big data analytics, and growing need for affordable treatment options are the chief factors augmenting the industry demand across the globe. In addition, the increasing burden of various diseases, coupled with the escalating aging population worldwide, is presenting different growth prospects to the industry development.
Moreover, the rising need to ensure that the processes in care delivery function smoothly, as well as the growth of the emerging economies such as China, Brazil, Russia, India, and South Korea, is further acting as a catalyst to fuel the market demand over the forecast period.
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The increasing requirement for better clinical and financial outcomes for patients is the crucial factor that is anticipated to create lucrative demand for industry growth. The adoption of the population and health management tools allows medical professionals to access the comprehensive data linked with the patients in all medical specialties.
Accordingly, this data facilitates them to undertake efficient and informed clinical verdicts and offers lower treatment costs. Hence, these factors are surging the industry demand worldwide due to population health management characteristics and increasing technological developments in medical IT, augmenting the industry demand over the projected period.
Market participants such as ZeOmega, McKesson Corporation, Koninklijke Philips, Lumeris, Cerner Corporation, Healthagen LLC, Health Catalyst, UnitedHealth Group, and Persivia. are some of the key players operating in the global market. For instance, in March 2021, Royal Philips partnered with the openDoctor. It is expected to complement Philips demand with the new “Patient Management Solution” platform.
Polaris Market Research has segmented the population health management market report on the basis of component, mode of delivery, end-use, and region:
Population Health Management, Component Outlook (Revenue – USD Million, 2018 – 2030)
Population Health Management, Mode of Delivery Outlook (Revenue – USD Million, 2018 – 2030)
Population Health Management, End-Use Outlook (Revenue – USD Million, 2018 – 2030)
- Healthcare Providers
- Healthcare Payers
Population Health Management, Regional Outlook (Revenue – USD Million, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa