Population Health Management Market Outlook 2028

1. Population Health Management Market Outlook 2028 The globalpopulation health management market was valued at US$25.9 Bn in 2020 It is estimated to expand at a CAGR of 15.9% from 2021 to 2028 The globalpopulation health management market is expected to cross the value of US$86.9 Bn by the end of 2028 Analysts’ Viewpoint on Population Health Management Market Scenario Companies in the global population health management market are accelerating their efforts to leverage revenue opportunities to obtain competitive benefits. Increasing incidences of chronic diseases across the globe, along with rising population of patients globally, demand PHM systems. Stakeholders in the global population health management market should focus on surging challenges in the global market. High investments in infrastructure to set up PHM programs is a major factor hampering market growth. Leading players operating in the global population health management market are focusing on acquisition & collaborative agreements with other established market players. These strategies are likely to fuel the growth of the global population health management market. Report management-solutions-market.html Overview: https://www.transparencymarketresearch.com/population-health- Increasing Adoption of Population Health Management Globally Population health management (PHM) is a system where individuals are classified in groups. These practices are usually observed in the health care sector, pharmaceutical industry, and insurance sector. The health management system aids to maintain and improve health conditions of different groups. Population health management is a patient-friendly platform, which supports in regulating the treatment costs by providing options of cost-effective alternative options. Furthermore, the platform enables service providers and payers in risk management associated with reimbursement policies. In the recent few years, healthcare system has evolved to a great extent and turned out to be patient centric. Population health management reduces risk stratification, and eases patient communication, data aggregation, and care coordination. As a whole, the patient care system has improved. Hence, the use of population health management system has increased exponentially. Request a sample to get extensive insights into the Population Health Management Market

2. Rising Popularity of PHM Due to Integration of IT Solutions The growing penetration of IT in the field of health care is expected to fuel the expansion of the market in the upcoming years. Benefits offered by population health management systems, such as remote patient monitoring, data integration, and data storage are projected to drive the global market. The penetration of IT solutions, especially in business intelligence solutions and data analytics has been the key factor for the advancement of the population health management market. The Integration of IT solution enables car provider to monitor patients remotely, data collection, and data storage. These factors are likely to boost the expansion of the global population health management market. Moreover, growing awareness regarding benefits of personalized medicine is projected to provide significant growth opportunities for the players operating in the market during forecast period. To understand how our report can bring difference to your business strategy, Ask for a brochure Growth and Development in Healthcare Boost Market Growth Burgeoning growth of and technological advancements in health care are creating value-grab opportunities for population health management market players. Rising awareness regarding the adoption of better personalized medicine is anticipated to offer significant growth opportunities for the players operating in the market in the near future. In addition, there are various tools available, each having different functions in diverse care settings. These tools help in data collection and aid in leveraging health care finances for patient and payers, including insurers. Besides accessibility of health care, the PHM program ensures affordability of health care to the population at large. Lately, various population health management initiatives undertaken by hospital administrators and clinicians are found to be instrumental in decreasing the overall cost of hospitalization, testing new models in diseases risk management, and improving medication compliance. Request Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4174 Stuck in a neck-to-neck competition with other brands? Request a custom report on Population Health Management Market Growing Applications of Population Health Management The global population health management market is likely to witness more opportunities due to the rising awareness about the benefits of this program. The population health management system comprises software and hardware. The

3. services segment is expected to account for a dominant share of the global market in the upcoming years. In addition, data analysis services and post-scale client services are becoming popular among health care insurance companies and providers. Moreover, the web-based population health management system is expected to account for the maximum share of the global population health management market. This is followed by cloud-based population health management solutions. As per market analysts, there will be a shift in the trend. Due to ease of use and storage facility, people are likely to incline toward cloud-based segment. The rapid adoption of various PHM tools has enabled the medical professional to improve the quality of care, profitability, and plug care management gaps by providing adequate healthcare services to patient population. The North America population health management market is anticipated to lead globally. The Asia Pacific population health management market is anticipated to be the fastest growing market. In the recent years, the market has witnessed various opportunities. The growth of the market can be attributed to approaches of government bodies to leverage population health and application of analytics tools in better care management for the regional population. Population Health Management Market: Overview Population health management is a collection of patient data across multiple health information technology resources, analysis of that data into a single, actionable patient record, and actions through which care providers can improve both clinical and financial outcomes Hardware, software, and services are the components used in population health management Assistance in formulation of data integration and ease in analyzing patient data are few advantages of software Hardware is one of the most important parts of population health management, as most of the applications or software run on hardware Services offered by population health management vendors include guidance in data analysis and training. They are also required to maintain and check performance of the hardware and software. Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=417 4 Increase in Incidence of Diabetes, Cardiovascular Diseases, and Other Chronic Diseases: Key Driver

4. Incidence of diseases such as diabetes, cardiovascular diseases, and other chronic diseases is increasing rapidly across the globe due to surge in the geriatric population, unhealthy food habits, and rise in number of obese people According to the American Heart Association, cardiovascular diseases account for 17.3 million deaths globally each year, a number that is expected to increase to over 23.6 million by 2030 Utilization of population health management services using home monitoring and tracking applications could help reduce the need of hospitalization. Use of new Internet video/audio features could enable consumers and patients to increase access to physicians and nursing staff without the need to visit a hospital. This would be a vital growth attributor, especially with respect to aged or elder population groups. Web-based to Lead Population Health Management Market In terms of mode of operation, the global population health management market has been classified into web-based, cloud-based, and on-premise The web-based segment is expected to dominate the global market during the forecast period Web-based population health management allows simultaneous tracking and measuring progress of providers and patients for multiple centers. This is a key factor driving the segment during the forecast period. North America to Dominate Global Population Health Management Market In terms of region, the global population health management market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa North America accounted for major market share of 46.15% in 2020. The market in the region is estimated to cross US$ 37.4 Bn in 2028, expanding at a CAGR of 15% during the forecast period. The Affordable Care Act in the U.S. and need of reduction of health care costs are likely to drive the population health management market in North America during the forecast period Major Players Key players operating in the global population health management market include oKoninklijke Philips N.V. oLumeris oHealth Catalyst oMcKesson Corporation

5. oCerner Corporation oZeOmega oHealthagen LLC oUnitedHealth Group oInternational Business Machines Corporation oPersivia Each of these players has been profiled in the population health management market report based on parameters such as company overview, financial overview, business strategies, application portfolio, business segments, and recent developments About Transparency Market Research Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End- Use that will favor growth in the market over the next 9 years. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ Contact Rohit Bhisey Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030

6. USA – Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Blog: https://tmrblog.com Email:sales@transparencymarketresearch.com