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Population Health Management Market To Exhibit Tremendous Growth Potential With A CAGR Of 21.1% by 2027 | Grand View Research, Inc.

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Population Health Management Market To Exhibit Tremendous Growth Potential With A CAGR Of 21.1% by 2027 | Grand View Research, Inc.

May 13
21:41 2021
Population Health Management Market To Exhibit Tremendous Growth Potential With A CAGR Of 21.1% by 2027 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
Key factors that are driving the market growth include the shift from Fee-For-Service (FFS) to Value-Based Payment (VBP) models, accelerating demand for healthcare IT solutions, and growing need for disease management strategies.

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 the 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.

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 the U.S. have enabled significant advancements in disease management programs. 

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/population-health-management-phm-market

Population Health Management Market Report Highlights

 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

Get Sample Copy Of This Report @ https://www.grandviewresearch.com/industry-analysis/population-health-management-phm-market/request/rs1

Population Health Management Market Segmentation

Grand View Research has segmented the global Population Health Management (PHM) market based on the 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

Speak to Analyst @ https://www.grandviewresearch.com/inquiry/3279/ibb

About Grand View Research

Grand View Research is a market research and consulting company headquartered in San Francisco, which offers syndicated research reports, customized research reports, and consulting services to clients across a number of industries, including healthcare, materials, chemicals, energy, technology, and food and beverage, among others.

 

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Company Name: Grand View Research, Inc.
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Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/population-health-management-phm-market

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