PUBLISHER: Acute Market Insights Private Limited | PRODUCT CODE: 1176027
PUBLISHER: Acute Market Insights Private Limited | PRODUCT CODE: 1176027
Population Health Management Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Industry Outlook
The population health management (PHM) market is set to reach US$ 81,539.8 Mn by 2026 from US$ 21,079.9 Mn in 2017 projecting impressive growth at a compounded annual growth rate (CAGR) of 16.3% during the forecast period from 2018 to 2026. PHM solutions are capable to perform tedious task associated with financial, clinical and operational data to refine workflow and patient care. Software companies worldwide are providing services pertaining to management of chronic illness and reduction in healthcare cost.
Paradigm shift from paid service to value based healthcare delivery drives the healthcare services market growth
Healthcare services are dominating the product segment for population health management market. The recent trend observed in healthcare highlights a paradigm shift from paid service to value based healthcare delivery which drives the healthcare service providers market growth. They are highly employed by hospitals to create an in-house system to assess their patient data rather than involving third parties. The software segment will grow at a steady pace owing to the increasing demand for integrated healthcare system. Ability to manage multiple business activity on a single platform and precise analysis of patient data in a well-managed network will propel the software market in the near future.
Excellent disease management with refined clinical outcomes increases the demand for healthcare providers
In the current scenario healthcare providers are reigning the end user segment for population health management market. The ability of healthcare providers to perform excellent disease management with refined clinical outcomes has led to its popularity among general public. It has been successful in drastically reducing healthcare cost and focus on patient centric care. Payers are insurance providers which are actively engaged in providing reimbursement for the cost incurred during treatment. The ability to predict analytical competency while interpreting unstructured clinical outcomes and population behavior will propel the healthcare payers market growth at a faster pace.
Enhanced government funding to provide financial support to healthcare segment and rising prevalence of chronic disease together drive the market growth in North America
North America is the largest regional segment for population health management market. It occupies 36% share primarily due to rising prevalence of chronic disease. As per research findings of Center for Disease Control and Prevention (CDC), approximately 130 million U.S. citizens are suffering with some form of chronic ailment. The government is expected to spend 4.8 trillion dollars in the healthcare segment by 2021 which represents 20% of the gross domestic product (GDP). Europe holds second position with 32% market share owing to significant rise in the number of providers pertaining to population healthcare. Asia Pacific represents 21% share on account of improving healthcare infrastructure and rise in per capita income. It serves as a lucrative market opportunity for major players to cater healthcare benefits to ailing patient population.
Software companies providing services pertaining to population health management are: Cerner Corporation, Healthagen LLC, Health Catalyst, IBM Corporation, Koninklijke Philips N.V., Lumeris, McKesson Corporation, Persivia, Inc., ZeOmega, UnitedHealth Group.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Population Health Management market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Population Health Management market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
- Software
- Services
End User
- Providers
- Payers
- Employer Groups
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Population Health Management market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Population Health Management market?
- Which is the largest regional market for Population Health Management market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Population Health Management market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Population Health Management market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Population Health Management Market
- 2.2. Global Population Health Management Market, By Product, 2021 (US$ Million)
- 2.3. Global Population Health Management Market, By End User, 2021 (US$ Million)
- 2.4. Global Population Health Management Market, By Geography, 2021 (US$ Million)
- 2.5. Impact of Covid 19
- 2.6. Attractive Investment Proposition by Geography, 2021
- 2.7. Competitive Analysis
- 2.7.1. Market Positioning of Key Population Health Management Market Vendors
- 2.7.2. Strategies Adopted by Population Health Management Market Vendors
- 2.7.3. Key Industry Strategies
3. Population Health Management Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Population Health Management Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Population Health Management Market: By Product, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Software
- 4.3.2. Services
5. Population Health Management Market: By End User, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Providers
- 5.3.2. Payers
- 5.3.3. Employer Groups
6. North America Population Health Management Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Population Health Management Market: By Product, 2020-2030, USD (Million)
- 6.3. Population Health Management Market: By End User, 2020-2030, USD (Million)
- 6.4.Population Health Management Market: By Region, 2020-2030, USD (Million)
- 6.4.1.North America
- 6.4.1.1. U.S.
- 6.4.1.2. Canada
- 6.4.1.3. Rest of North America
- 6.4.1.North America
7. UK and European Union Population Health Management Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Population Health Management Market: By Product, 2020-2030, USD (Million)
- 7.3. Population Health Management Market: By End User, 2020-2030, USD (Million)
- 7.4.Population Health Management Market: By Region, 2020-2030, USD (Million)
- 7.4.1.UK and European Union
- 7.4.1.1. UK
- 7.4.1.2. Germany
- 7.4.1.3. Spain
- 7.4.1.4. Italy
- 7.4.1.5. France
- 7.4.1.6. Rest of Europe
- 7.4.1.UK and European Union
8. Asia Pacific Population Health Management Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Population Health Management Market: By Product, 2020-2030, USD (Million)
- 8.3. Population Health Management Market: By End User, 2020-2030, USD (Million)
- 8.4.Population Health Management Market: By Region, 2020-2030, USD (Million)
- 8.4.1.Asia Pacific
- 8.4.1.1. China
- 8.4.1.2. Japan
- 8.4.1.3. India
- 8.4.1.4. Australia
- 8.4.1.5. South Korea
- 8.4.1.6. Rest of Asia Pacific
- 8.4.1.Asia Pacific
9. Latin America Population Health Management Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Population Health Management Market: By Product, 2020-2030, USD (Million)
- 9.3. Population Health Management Market: By End User, 2020-2030, USD (Million)
- 9.4.Population Health Management Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Latin America
- 9.4.1.1. Brazil
- 9.4.1.2. Mexico
- 9.4.1.3. Rest of Latin America
- 9.4.1.Latin America
10. Middle East and Africa Population Health Management Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Population Health Management Market: By Product, 2020-2030, USD (Million)
- 10.3. Population Health Management Market: By End User, 2020-2030, USD (Million)
- 10.4.Population Health Management Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Middle East and Africa
- 10.4.1.1. GCC
- 10.4.1.2. Africa
- 10.4.1.3. Rest of Middle East and Africa
- 10.4.1.Middle East and Africa
11. Company Profile
- 11.1. Cerner Corporation
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. Healthagen LLC
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. Health Catalyst
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. IBM Corporation
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. Koninklijke Philips N.V.
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Lumeris
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. McKesson Corporation
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Persivia, Inc.
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. ZeOmega
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. UnitedHealth Group.
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Population Health Management Market By Product, 2020-2030, USD (Million)
- TABLE 2 Global Population Health Management Market By End User, 2020-2030, USD (Million)
- TABLE 3 North America Population Health Management Market By Product, 2020-2030, USD (Million)
- TABLE 4 North America Population Health Management Market By End User, 2020-2030, USD (Million)
- TABLE 5 UK and European Union Population Health Management Market By Product, 2020-2030, USD (Million)
- TABLE 6 UK and European Union Population Health Management Market By End User, 2020-2030, USD (Million)
- TABLE 7 Asia Pacific Population Health Management Market By Product, 2020-2030, USD (Million)
- TABLE 8 Asia Pacific Population Health Management Market By End User, 2020-2030, USD (Million)
- TABLE 9 Latin America Population Health Management Market By Product, 2020-2030, USD (Million)
- TABLE 10 Latin America Population Health Management Market By End User, 2020-2030, USD (Million)
- TABLE 11 Middle East and Africa Population Health Management Market By Product, 2020-2030, USD (Million)
- TABLE 12 Middle East and Africa Population Health Management Market By End User, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Population Health Management Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Population Health Management Market: Quality Assurance
- FIG. 5 Global Population Health Management Market, By Product, 2021
- FIG. 6 Global Population Health Management Market, By End User, 2021
- FIG. 7 Global Population Health Management Market, By Geography, 2021
- FIG. 8 Global Population Health Management Market, By Product, 2021 Vs 2030, %
- FIG. 9 Global Population Health Management Market, By End User, 2021 Vs 2030, %
- FIG. 10 U.S. Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 11 Canada Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 12 Rest of North America Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 13 UK Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 14 Germany Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 15 Spain Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 16 Italy Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 17 France Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 18 Rest of Europe Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 19 China Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 20 Japan Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 21 India Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 22 Australia Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 23 South Korea Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 24 Rest of Asia Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 25 Brazil Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 26 Mexico Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 27 Rest of Latin America Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 28 GCC Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 29 Africa Population Health Management Market (US$ Million), 2020 - 2030
- FIG. 30 Rest of Middle East and Africa Population Health Management Market (US$ Million), 2020 - 2030
