Global Population Health Management Solutions Market - Analysis and Forecast (2017-2025) (Focus on Products (Software & Services), Country Analysis, End Users, Competitive Landscape, Market Share Analysis, and Region Specific Information)
Global Population Healthcare Management Solutions Market to Grow Over $50.35 Billion by 2025
NEW YORK, Oct. 11, 2017 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05138449
The global population health management (PHM) solutions market comprises of software and services which helps healthcare providers achieve value based goals and impart high quality patient care. The market has evolved dramatically due changes in clinical need, reimbursement models and healthcare delivery framework. These changes have fuelled the level of investments in the population health industry. Although, the major contributors to these changes remain rising healthcare costs and rapidly increasing number of chronic diseases. To combat these adverse situations, government is more focused on shifting to a value based care reimbursement model than the traditionally used Fee-For-Service model.
Healthcare payers such as insurers, employers, health plans etc. are more exposed to the risks of rising medical costs and hence they are extensively participating and investing in various population health strategies. On the other hand, healthcare providers such as hospitals, physicians and clinics are also exploring alternatives to reduce their financial burden by switching from their existing deliver model to a value based model where they can keep a track on patient outcome and satisfaction. The value based care model is more of a patient centric model and includes various Accountable care organization (ACO), Patient-centred medical home (PCMH), Pay for performance (P4P) and bundled payments
Furthermore, a population health management strategy revolves around meeting objectives to teach patients how to better manage their medical conditions and to help them access the medical system appropriately. The common set of objectives that lie under population health management model include: Care Management, Care Coordination and Patient Engagement. With the advancements in the analytics space, many market players are now able to engage patients with interactive tools and platforms to analyse the quality of care provided to them.
The market report is completely aligned on the path of implementing a successful population health management (PHM) strategy which provides an all-inclusive field of vision for the market in terms of various factors influencing it such as recent trends, technological advancements, and regulatory environment of the market. The scope of this report is centred upon conducting a detailed study of the solutions allied with the global population health management solutions market. The market has been segmented into 'Component', 'Mode of Delivery', 'End Users' and 'geographical regions'. The report presents the reader with an opportunity to unlock comprehensive insights with respect to the market and helps in forming well informed strategic decisions. The research uncovers some of the substantial parameters that must be taken into consideration before entering into the market.
This research report aims at answering various aspects of the global population health management solutions market with the help of key factors driving the market, threats that can possibly inhibit the overall market growth, and the current growth opportunities that is going to shape the future trajectory of the market expansion. The study considers the growth-share matrix model for a comprehensive study of the global population health management solutions market and assesses the factors governing the same.
The answers to the following key questions can be derived from this report:
• What is the Total Addressable Market (TAM), Segmental Addressable Market (SAM) and the potential market opportunity of the global population health management solutions market?
• What are the major market drivers, challenges and opportunities in the global population health management solutions market and their case studies?
• What are the key pillars involved in the successful implementation of a population health management strategy?
• What is the market share of the leading segments and sub-segments of the global population health management solutions market during 2017-2025?
• How did the population health market evolve and what are the factors necessitate its evolution?
• How will each segment of the global population health management solutions market grow during the forecast period and what will be the revenue generated by each of the segments by the end of 2025?
• What are the consumer preferences in terms of adoption of population health model during the forecast period?
• What are the future trends that a vendor must adhere with in order to stand ahead in the highly competitive market?
• What are the key developmental strategies implemented by the key players to stand out in this market?
• Which software deployment model will lead the population health market during the forecast period?
• What will be the growth rate of cloud based software services during the forecast period?
• Which end user will be the highest revenue generator in this industry during the forecast period?
• What is the scope of population health management solutions market in the emerging countries during the forecast period?
The key players which have significant contributions to the Global Population Health Management Solutions industry are Cerner Corporation, McKesson Corporation, Allscripts Healthcare Solutions, Inc., The Advisory Board company, Healthagen, LLC., OptumHealth, IBM Corporation, Epic Corporation, Inc., Conifer Health Solutions, LLC, Health Catalyst, LLC, Wellcentive, Inc., i2i Population Health, and Verscend Technologies, Inc. among others.
Executive Summary
The population health management solutions comprise of software and services which helps healthcare providers achieve value based goals and impart high quality patient care. The market has evolved dramatically due to changes in clinical need, reimbursement models and healthcare delivery framework.
The report is completely aligned on the path of implementing a successful population health management (PHM) strategy which provides an all-inclusive field of vision for the market in terms of various factors influencing it such as recent trends, technological advancements, and regulatory environment of the market. The scope of this report is centred upon conducting a detailed study of the solutions allied with the global population health management solutions market. The market has been segmented into 'Component', 'Mode of Delivery', 'End Users' and 'geographical regions'.
The global population health management solutions market was estimated to be $8.92 billion in 2016 and is estimated to grow over $50.35 billion by 2025. The introduction of value based reimbursement model as a part of Affordable Care Act (ACA) has started making payments to healthcare providers on the basis of evidence based outcomes such as reduction in number of hospital readmissions and lowering the cost of avoidable medical procedures.
The global population health management solution market can be segmented on the basis of type of component into software and services. The software segment is the leading segment of the PHM market considering the huge demand for PHM tools and platforms to collect, analyse and interpret clinical data to enable improved patient outcomes. Based on the mode of software deployment, the market has been segment as web based, Cloud based and On Premise delivery model. The cloud based delivery model is the leading segment and is growing with the highest CAGR of 21.2% due to the cost effective and secured nature of cloud based systems.
In terms of geography, North America is the clear leader in this market and is expected to reach $30.2 billion during the forecast period, 2017-2025. However, Asia Pacific region is growing with the highest growth rate of 28.1% during the forecast period.
The report provides in-depth SWOT analysis of different key players of the market, supported by extensive financial summary of each. Some of the key players are Cerner Corporation, McKesson Corporation, Allscripts Healthcare Solutions, Inc., The Advisory Board company, Healthagen, LLC., OptumHealth, IBM Corporation, Epic Corporation, Inc., Conifer Health Solutions, LLC, Health Catalyst, LLC, Wellcentive, Inc., i2i Population Health, and Verscend Technologies, Inc. among others.
Countries Covered
• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Spain
• Asia-Pacific
• India
• China
• Japan
• Australia
• New Zealand
• Rest of Asia Pacific
• Singapore
• Philippines
• South Korea
• Myanmar
•
Read the full report: https://www.reportlinker.com/p05138449
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
https://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article