Market Research Report
U.S. Population Health Management Market Size, Share & Trends Analysis Report By Product (Software, Services), By End Use (Providers, Payers, Employer Groups), and Segment Forecasts, 2018 - 2025
|Published by||Grand View Research, Inc.||Product code||731191|
|Published||Content info||70 Pages
Delivery time: 2-3 business days
|U.S. Population Health Management Market Size, Share & Trends Analysis Report By Product (Software, Services), By End Use (Providers, Payers, Employer Groups), and Segment Forecasts, 2018 - 2025|
|Published: September 24, 2018||Content info: 70 Pages||
The U.S. population health management market size is expected to reach USD 41.44 billion by 2025, according to a new report by Grand View Research Inc., exhibiting a CAGR of 19.9% during the forecast period. Increasing healthcare expenditure and rising need for value-based healthcare delivery and effective disease management across different care settings are among the primary growth stimulants for the market.
Significant portion of healthcare costs is incurred by loss of productivity due to poor resource management in the U.S. Hence, employers have initiated incorporation of PHM in employee benefits package to help employees understand their healthcare needs. U.S. population health management market is likely to witness high growth in the coming years due to growing demand for healthcare IT services and solutions that encourage healthcare delivery reliant on value, resulting in a transition value-based payment models.
PHM model has helped various healthcare stakeholders including hospitals to measure patient data accurately and efficiently especially when a large volume of data is generated by monitoring devices. For instance, Children's Hospital of Philadelphia (CHOP) is developing a platform for stream computing, which enables clinicians with better decision support by applying real-time predictive models to vital signs.
Some of the companies operating in the market are: Cerner; Allscripts Healthcare, LLC; Enli Health Intelligence; eClinicalWorks; McKesson Corporation; Conifer Health Solutions, LLC; Optum, Inc.; Advisory Board; Koninklijke Philips N.V.; and Athenahealth, Inc.