Ranchi News Desk

Population Health Management Market Growth $150.6 billion By 2027 | Healthcare Providers Held the Largest Market Share of the End-use Segment in 2019: Grand View Research, Inc.

 Breaking News
  • No posts were found

Population Health Management Market Growth $150.6 billion By 2027 | Healthcare Providers Held the Largest Market Share of the End-use Segment in 2019: Grand View Research, Inc.

May 17
09:32 2020
Population Health Management Market Growth $150.6 billion By 2027 | Healthcare Providers Held the Largest Market Share of the End-use Segment in 2019: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report by Grand View Research, Inc the global Population Health Management market size was valued at USD 32.5 billion in 2019 and is expected to expand at a CAGR of 21.1% over the forecast period. The medical industry is rapidly transforming from the paper-based system to the digitized system, accelerating the demand for healthcare IT services.

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. The need for population health services that combine multiple functionalities is increasing due to the complex nature of care delivery and payment models. 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.

Request For a Free Sample Copy of This Report, Click The Link:

https://www.grandviewresearch.com/industry-analysis/population-health-management-phm-market/request/rs1

U.S. Population Health Management (PHM) market size

Further 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. The providers can focus effectively on patient-centric care and reducing overall costs

  • North America was the largest regional market in 2019 and is likely to retain its position over the forecast period, as the providers, payers, providers-payers, and accountable care organizations promote the use of PHM services

  • Asia Pacific population health management market is expected to witness the fastest growth in the coming years due to rising healthcare expenditure and improving healthcare infrastructure in the region

  • Allscripts, McKesson Corporation, and Cerner Corporation are some of the key PHM market players. Acquisitions and business partnerships with other market players are some of the strategic initiatives undertaken by these companies to strengthen their market presence

Have Inquiry before buying about this report, our team of analyst will be glad to help!

Global Population Health Management (PHM) market share

 

ACOs, consisting of hospitals, clinics, and other healthcare providers, collaborate with the payers (private and public) to provide high quality care to the patients. Private and public insurance providers have introduced various disease management programs that help in the treatment of chronic illnesses. 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.

Access complete Population Health Management Market Report By Grand View Research, Inc.

Grand View Research has segmented the global Population Health Management (PHM) market based on product, end use, and region:

Population Health Management Product Outlook (Revenue, USD Million, 2016 – 2027)

  • Software

  • Services

Population Health Management End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Payers

  • Providers

  • Employer Groups

Population Health Management Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • United Arab Emirates

Check out special pricing options for sectional purchase and startup companies

 

About Grand View Research

 

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/population-health-management-phm-market

Related Articles