Population Health Management (PHM) market Overview
According to the survey conducted by the Organization for Economic Co-operation and Development (OECD), in per capita terms, health spending in 2017 is estimated to have reached USD 4069 million average across the OECD. This is roughly 70% more than OECD countries spend on education for each citizen. In the United States, the average spend is expected to have risen above USD 10 000 for the first time in 2017. Per capita spending was also significantly above the OECD average in Switzerland (USD 8 009), Luxembourg (USD 7 049) and Norway (USD 6 351).
It also includes an extensive investigation on Population Health Management (PHM) manufacturers, the expansion strategies adopted by the companies to capitalize on the existing growth prospects, the financial standing, and the individual market share of the leading participants, providing the readers a comprehensive overview of the competitive scenario.
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The following manufacturers have been studied in this report by assessing the sales, gross revenue, and market share for each company:
Allscripts, McKesson Corporation, Cerner Corporation, etc
The information relating to the Population Health Management (PHM) market that has been collected and analyzed in the report will allow a brand engaged in the sector to get the upper hand against leading players in the global landscape. This report offers insights into the competitive scenario in the market. It also delivers a progressive perspective relating to different market aspects driving or curtailing the growth of the market.
Product Type (Revenue, USD Million; 2016–2026)
- Software
- Services
- Post-Sale and Maintenance Services
- Consulting Services
- Training and Education Services
- Implementation Services
Delivery Mode (Revenue, USD Million; 2016–2026)
- Web-Based
- Cloud-Based
- On-Premises
Application (Revenue, USD Million; 2016–2026)
- Automating Patient-Centered Medical Home (PCMH)
- Access Comprehensive Longitudinal Patient Record
- Effectively Coordinate Care
- Patient Outreach
- Others
End User (Revenue, USD Million; 2016–2026)
- Providers
- Ambulatory Care Centers
- Hospitals, Physician Groups, and Integrated Delivery Networks
- Diagnostic and Imaging Centers
- Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
- Other Healthcare Providers
- Payers
- Public Payers
- Private Payers
- Employer Groups
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The report will offer a clear view of each and every fact relating to the industry, rendering it unnecessary to refer to any other source of information or a data source. Our report will deliver all details relating to the historical development, existing scenario, and accurate insights into the Population Health Management (PHM) Market.
Regional Landscape Analysis for Population Health Management (PHM) Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
The essential market aspects described in this report are:
-Key Strategic Developments: The research includes the pivotal strategic developments of the global market, including research and development, mergers and acquisitions, agreements, product launches, collaborations, partnerships, joint ventures, and regional growth of major companies functioning in the market both on the global and regional levels.
-Key Market Features: The report studies the critical market features, comprising of gross revenue, production capacity, price volatility, consumption rate, production rate, import/export status, supply/demand dynamics, cost analysis, market share, CAGR, and profit margin. Furthermore, the study includes a comprehensive review of the critical market elements and their latest trends, along with the leading market segments and sub-segments.
-Analytical Tools: The Global Population Health Management (PHM) Market report gives a thorough evaluation of the data of the top industry players and their scope in the market by employing several analytical tools. Analytical tools such as Porter's five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been performed to review and project the growth of the key players functioning in the market.
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In conclusion, the Population Health Management (PHM) Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.
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Market OverviewThe global population health management (PHM) market size is projected to reach USD 91.43 billion by 2026, exhibiting a CAGR of 19.9% during the forecast period.
Similarly, in March 2020, Chicago-based Medical Home Network began using an Artificial Intelligence (AI) solution to identify individuals at a heightened risk of suffering from severe effects of COVID-19.
To tide over these troubled times, Fortune Business Insights™ aims to provide you with precise market intelligence to enable your business to ensure its continued growth.Click here to get the short-term and long-term impact of COVID-19 on this market.Please visit:https://www.fortunebusinessinsights.com/industry-reports/population-health-management-market-100626The report states that the market value stood at USD 21.40 billion in 2018 and offers the following:Exhaustive analysis of the market drivers, trends, and hindrances;Comprehensive assessment of all the possible market segments;Thorough study of the regional dynamics and competitive landscape of the market; andPrecise computation of the relevant market figures and values.Market RestraintRising Frequency of Cyber-Attacks on Healthcare Systems to Impede Market GrowthThe population health management market growth is expected to get negatively affected by the increasing rate at which cyber-attacks are being conducted on healthcare systems around the world.
In April 2019, a month before AMCA’s revelation, the insurance company Dominion National declared a 9-year hack on its systems, breaching the data of around 2.96 million patients.
The primary factors favouring the regional include strong and advanced healthcare infrastructure and rapid progress in healthcare IT, along with robust presence of global healthcare services companies.The PHM market in Europe is anticipated to grow at a steady pace as population health management solutions are playing a critical role in delivering improved care to the expanding elderly population in the region.
In Asia Pacific, market growth will be mainly based on the increasing number of hospitals and multi-specialty healthcare facilities in the region.Have Any Query?
FEB 27, 2020: The global Population Health Management market is expected to reach USD 150.6 billion by 2027, registering a CAGR of 21.1% over the forecast period, according to a new report by Grand View Research, Inc.
Population health management (PHM) solutions can process clinical, financial, and operational data that help improve efficiency and patient care.
The health management program is also witnessing changes in medical reimbursement due to increasing emphasis on value-based payment (VBP) and Accountable Care Organizations (ACOs).
In addition, the convenience offered by value-based payment models is responsible for the increased adoption of population health solutions by ACOs.ACOs, consisting of hospitals, clinics, and other healthcare providers, collaborate with the payers (private and public) to provide high quality care to the patients.
These multidisciplinary efforts are expected to result in efficient treatment outcomes and are likely to suggest the best suitable courses of action that need to be undertaken.
Successful large-scale trials in U.S. have enabled significant advancements in disease management programs.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/population-health-management-phm-market/request-sampleFurther key findings from the report suggest:• PHM software offers predictive data analytics, which can be applied for interpreting population characteristics from unstructured clinical data• The services product segment held a majority of the market share in 2019, as healthcare providers prefer in-house maintenance services• Healthcare providers held the largest market share of the end-use segment in 2019.
Global Population Health Management Market is expected to reach USD 88.9 billion by 2025.
Population Health Management is the combination of patient data across many health information technology resources and a management within healthcare industry that facilitates and studies care distribution across the general population.
The main aim of PHM is to examine, collect, and regularize clinical data to recover the patients’ health and the provider’s financial results.
The Population Health Management industry is estimated to grow at a significant CAGR over the future period as the scope and its applications are rising enormously across the globe.Growing geriatric population and occurrence of chronic disease, government initiative for the deterrence of long-lasting diseases and acceptance of HCIT, and rising use of enhanced big data and IT technologies are documented as major factors of Population Health Management that are estimated to enhance the growth in the years to come.
However, lack of knowledge and high cost may restrain overall market growth in the coming years.
Population Health Management Market is segmented based on component, mode of delivery, end user, and region.Request a Free Sample Copy of Population Health Management Market Report @ https://www.millioninsights.com/industry-reports/population-health-management-phm-market/request-sampleServices and software are the two important components of Population Health Management industry that could be explored in forecast period.
