What is Population Health Management Market Scope?
The need for population health services that combine multiple functionalities is increasing, due to the complex nature of care delivery and payment models. PHM solutions can process clinical, financial, and operational data for the improvement of efficiency and patient care. The improving clinical outcomes, lowering the cost of treatments, and increasing government support are the major factors driving the market. Additionally, the increasing population suffering from chronic diseases, which requires a long period of surveillance and hospital stay, and favorable government policies are the other factors supporting the growth of the market.
The Population Health Management market study is being classified by Type (Software and Services), by Application (Payers, Providers and Employer Groups) and major geographies with country level break-up.
Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Population Health Management market throughout the predicted period.
Cerner Corporation (United States), McKesson Corporation (United States), Allscripts Healthcare Solutions, Inc. (United States), Healthagen, LLC. (United States), OptumHealth (United States), IBM Corporation (United States), Epic Corporation, Inc. (United States), Conifer Health Solutions, LLC (United States) and Health Catalyst, LLC (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Wellcentive, Inc. (United States), i2i Population Health (United States) and Verscend Technologies, Inc. (United States).
Analyst at AMA have segmented the market study of Global Population Health Management market by Type, Application and Region.
On the basis of geography, the market of Population Health Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
Allscripts Healthcare Solutions, Inc. acquired Core Medical Solutions (Australia), a Healthcare IT software leader. The acquisition aimed to integrate Allscripts’ Sunrise PAS and EMR module and EMR-agnostic population health solutions including dbMotion with the product offerings of Core Medical Solutions to improve health outcomes.
Influencing Market Trend
- High Demand due to the use of cloud Platform
- Advancing It and Big Data Capabilities
- Government Support for the Prevention of Diseases and Adoption of Hcit
- Rising Geriatric Population and Burden of Chronic Diseases
- Increasing Focus on Value-Based Medicine
- Focus on Personalized Medicine Based on Analytics
- Issues Related to the Safety of Patient Information
- The requirement of Huge Investments in Infrastructure
Key Target AudiencePopulation Health Management Solution Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
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