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?