Global Population Health Management Market Expected to Grow at 23.3% CAGR During 2016 - 2022: P&S Market Research

NEW YORK, June 17, 2016 /PRNewswire/ --

According to market research "Global Population Health Management Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Delivery Mode (Web Based, On-Premise, and Cloud Based), by Component (Software and Service), by End User (Health Provider, Healthcare Payers, Employer Group and Government Bodies)" by P&S Market Research, the global population health management market was valued at $11,114.4 million in 2015, and it is expected to grow at a CAGR of 23.3% during 2016-2022. The cloud based segment in the global population heath management market is expected to witness the fastest growth at a CAGR of 29.1% during the forecast period.

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The global population health management market is growing at a significant rate, due to growing geriatric population, regulatory mandate under the Affordable Care Act (ACA), and increasing prevalence of chronic and lifestyle associated diseases. The increasing healthcare cost and incentives, and investment by the federal government for adoption of healthcare information technology are also driving the growth of the global population health management market. However, the factors such as lack of privacy of patient data, lack of skilled professionals, and huge investment in infrastructure requirement are inhibiting the growth of the global market.

Geographically, North America dominated the global market of population health management in 2015 and is expected to witness the fastest growth, at a CAGR of 23.5%, during the forecast period. This is due to regulatory mandates under the Affordable Care Act (ACA), increasing prevalence of chronic and lifestyle associated diseases, and growing geriatric population.

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Some of the key companies operating in the global population health management market include Cerner Corporation, McKesson Corporation, Allscripts Healthcare Solutions Inc., Wellcentive Inc., Conifer Health Solutions LLC., IBM Corporation, Optum, Inc., and Health Catalyst LLC.

Global Population Health Management Market Segmentation 

By Delivery Mode 

• Web based
• Cloud based
• On-premise

By Component 

• Software
• Service

By End User 

• Healthcare provider
• Healthcare payer
• Employer group
• Government bodies

By Geography 

• North America
  • U.S.
  • Rest of North America
• Europe
  • U.K.
  • Germany
  • Rest of Europe
• Asia
  • Japan
  • Rest of Asia
• Rest of the World (RoW)

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SOURCE P&S Market Research