Population Health Management Market 2022 Market Competitive Landscape Analysis

Increasing incidence of chronic diseases has prompted the need for development and adoption of IT solutions to improve the healthcare quality and reduce the burden on healthcare facilities resulting from increasing number of patients. According to the Public Health Informatics Institute’s June 2016 report, approximately 1 in every 6 American dollars spent on healthcare, is spent on cardiovascular diseases (CVD). The report further states that by 2030, around 40% of the U.S. population will have at least one form of CVD. With such high incidence of chronic diseases such as CVDs, the direct and indirect expenses incurred for treating them can exert a staggering economic burden on the patient community. Population health management systems can efficiently assist in reducing this burden and aid in improving clinical efficiency.

In general terms, Population Health Management (PHM), can be defined as the discipline of managing the financial and clinical risk of a defined group of individuals. In a clinical setting, PHM usually refers to the health of patients belonging to a particular health plan or a particular healthcare provider. In case of public health agencies, PHM can refer to the health of all the inhabitants in the area of their jurisdiction.

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The Global Population Health Management Market is largely driven by factors such as technological advancements in the healthcare IT sector, favorable government initiatives for adoption of IT enabled systems in healthcare industry, rising need for improving quality of healthcare and increasing demand to reduce the cost of healthcare. With the implementation of legislations such as the affordable Care Act (ACA) in the U.S., there has been significant increase in the adoption of HCIT solutions by the healthcare fraternity. All these factors are expected to favorably contribute to the growth of the global population health management market during the forecast period. However, factors such as dearth of trained and skilled professionals as well as concerns related to the security of data stored and transferred through such systems, can hinder the market growth during the forecast period.

Major Market Players

  • Cerner Corporation
  • Allscripts Healthcare
  • LLC
  • McKesson Corporation
  • Optum, Inc
  • Healthagen Outcomes
  • Epic Systems Corporation
  • International Business Machines Corporation (IBM)
  • Health Catalyst
  • Conifer Health Solutions
  • i2i Population Health
  • Koninklijke Philips N.V.
  • 3M Company
  • Verscend Technologies, Inc.

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Population Health Management Market Segmentation:

By Component:

  • Services
  • Software

By Delivery Mode:

  • Cloud-based
  • Web-based
  • On-premise

By End User:

  • Healthcare Payers
  • Employer Groups
  • Healthcare Providers
  • Government Bodies

By Region:

  • North America
  • S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • Turkey
  • United Arab Emirates
  • Others

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