Population Health Management Market Report

Global Population Health Management Market Report, By Component (Software, Services), Mode Of Delivery (On Premise, Cloud Based), End Users (Healthcare Providers, Healthcare Payers, Employer Groups, Government Bodies) and Region – Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 11206 | Publish Date : Upcoming | Industry : Healthcare | Geography : Global


COVID-19 Impact Analysis on Global Population Health Management Market

The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the population health management market. In addition, complete analysis of changes on the population health management market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. 

The population health management during the COVID-19 has witnessed specific rising demand across the globe. As Covid-19 has fundamentally changed the how healthcare system deliver the service and reveled the tenuousness of care delivery based on face to face office visits and fee for service reimbursement models. Furthermore, population health management support in improvising the public health while mitigating risk in a value based paradigm.  Thereby, rising adoption of population health management market products in different end user during the COVID-19 and emerging Omicron cases worldwide has specifically contributed in growth with positive outcome. 

Market Overview- Population Health Management Market

Market Drivers 

The major driving factor certainly boosting the market is government mandates & support for healthcare IT solutions providing global opportunities to improve the health with the increasing adoption of healthcare IT solution. Alternatively, in India, Avekxa’s Akhil Swasthy Hetu Ayojan is one the most comprehensive population health management program to increase the reach and quality of preventive and primary health care in rural India. The program is constructed in line with Ayushman Bharat Scheme launched by Government of India for NCD focused by NHM. Adding to that the rising burden of disease population, geriatric population, changing dynamic in healthcare has specifically increased the need for curtail escalating healthcare costs. Besides, Increasing geriatric population and subsequent growth in burden of chronic diseases, increasing penetration of the use of IT in the field of healthcare has led the demand for market. 

Market Opportunity

The increased in advanced analytics and predictive modelling application has specially enable the healthcare end user to treat each patient in personalized way in order to produce the best possible outcomes. For example, with the new precision medicine and treatment ideas the population health management is expected to gain new growth opportunities for the market. 

Market Restraints

One of the major restraining factor for the market growth is high investment in infrastructure to set up robust PHM program. The healthcare infrastructure ideally have increasing need for the overall development to precisely handle the patient health with increasing requirement for well skilled staff, technology however, high investment in healthcare infrastructure is likely to acts as major restrain for the market.  

Market Growth Challenges

The major factor challenge for the market growth is lack of data management capabilities and skilled analysts. The lack of data management capabilities among the healthcare analysts certainly affects the market growth as only limited number of healthcare facilities have experts handling the large data. This feature of the market is expected to create the hurdle for the market over the estimated time period. 

Cumulative Growth Analysis

With increasing demand for various healthcare facilities, software, technological advanced products the market is expected to witness the growth at a CAGR of 21.00% from 2021-2028. The major regional countries expected to propel the market with new growth avenue are United States, Canada, China, India, Germany, and U.K. among others. 


Market Segmental Overview

The population health management market comprises of different market segment like component, mode of delivery, end user, and geography. 

Population Health Management Market by Component 

The component segments is studied for software and services. Software is expected to dominate in the global population health management market in 2021 and maintain its dominance over the estimated time period (2021-2028). The increasing adoption of software in healthcare providers, healthcare payers among others to improve the efficiency and operating cost of practice as well as enhance the quality of patient care has propelled the demand for market. The software ideally helps to aggregates healthcare systems and store the patient data for analysis providing better predict patient health condition is the major factor propelling the market growth. On the other services, is expected to have healthy growth for market in upcoming years. 

Population Health Management Market by Mode of Delivery 

The population health management market, mode of delivery includes segment on premise and cloud based. On Premise is likely to gain major market share for the global population health management market. The on premise mode of delivery offers the offline access which specifically plays a key role for healthcare setting. Besides, on premises infrastructure also speeds up the deployment times. Similarly, cloud based services is anticipated to have growth at highest pace during the forecast period. As cloud based are access over internet and further provide accessibility of data over multiple platform. 

Population Health Management Market by End User

The market has its major end user in healthcare providers, healthcare payers, employer groups, government bodies. Healthcare provider is expected to lead in the global population health management market. The market precisely support the healthcare provider to manage the population with chronic diseases. Also, using the population health management products, the healthcare provider can identify the patient within their network who have advanced or chronic illness and may need more focused care. Besides, the market products helps to reduce the odds of patient developing more serious and expensive condition in future. Alternatively, healthcare payers, employer groups, government bodies are expected to have rising growth for market in upcoming years. 

Population Health Management Market by Geography

The global population health management market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). North America is expected to lead in the global population health management market. With the presence of well-established healthcare facilities, increasing adoption of new innovative technology based products in healthcare system has certainly accelerated the market growth. Besides, increasing geriatric population and subsequent growth in burden of chronic diseases and rising penetration of the use of IT in the field of healthcare, government support, and focus on personalized medicine has certainly fueled the growth of North America population health management market. Similarly, Asia Pacific is expected to witness the growth with emerging new opportunities during the estimated time period. 

Competitive Landscape Analysis

The competitive landscape analysis of population health management market is certainly based vast range of market players operating in the population health management. The key manufacturer significantly offer a range of product portfolio through various software and services. Besides, the market has major competitive analysis based on new product launches as well as expansion and acquisitions. With the increasing trends, changing lifestyle, emerging COVID-19 cases the market players has increased their innovation further propelling the market with new growth avenue. 

The key players studied in the global population health management  market are Cerner Corporation, Epic Systems Corporation, Koninklijke Philips, i2i Population Health, Health Catalyst,  Optum , Enli Health Intelligence, eClinicalWorks, Orion Health, Allscripts Healthcare Solutions , IBM Corporation, HealthEC LLC, Medecision, Arcadia, Athenahealth, Cotiviti, NextGen Healthcare, Inc. , Conifer Health Solutions, SPH Analytics, Lightbeam Health Solutions, Innovaccer, Citra Health Solutions , Evolent Health, Inc. , Lumeris and Forward Health Group among others.

Recent Development:

December 2021: Intrivo, had announced the launch of 2 Gather, a new service that make it easy for individual and businesses to provide Intrivo On/Go rapid COVID-19 self-test to participant invited to in-person events, meeting and gathering. Adding to that as Omicron continues to surge, 2Gathter with On/Go offer a safe convenient and affordable solution for consumer. On/Go is one of the first FDA authorized rapid self-test, provided results that are 95% accurate in just 10 minutes through a best in class mobile app. 

December 2021: i2i Population Health had announced the newest health care network implementation with the Virginia Healthcare Association. VCHA will leverage i2i’s PRiZiM network PHM platform to share practices and improve care across 27 member CHC. VCHA has signed a multi-year contract and will be further implementing PRiZiM in 3 phases. 

March 2021: NantHealth Inc. had announced a new population health management product that pulls together disparate data to provide a full 360 degree picture of the patient while enabling the better workflow between providers, payers, hospital/ healthcare networks and patient in one platform. The new product reduces avoidable cost and increase the patient and provider satisfaction. 

Population Health Management Market Summery 

The population health management market is majorly focused on the process of improving clinical healthcare outcome of defined group of individual through improved care co-ordination and patient engagement supported by the various software and service population health management products. The population health management market is specifically studied for various market segment with different driving  factors like increasing geriatric population and subsequent growth in burden of chronic diseases and increasing penetration of the use of IT in the field of healthcare as well as emerging Omicron cases has certain propelled the market growth to major extend. 

Adding to that the population health management market is specifically studied for component, mode of delivery, end user, and region analysis. The market is expected to witness the growth at positive growth rate. The component segments is studied for products like software and services. Software is expected to dominate in the global population health management market in 2021 and maintain its dominance over the estimated time period (2021-2028).On the other hand, in the population health management market, mode of delivery includes segment on premise and cloud based. On Premise is likely to gain major market share for the global population health management market. Furthermore, end users has its major end user in healthcare providers, healthcare payers, employer groups, government bodies. Healthcare provider is expected to lead in the global population health management market. The global population health management market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW).

Scope of the Report:

  • Market Sizing for Year : 2021-2028
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Value : USD million 
  • Market Segment studied: Component, Mode of Delivery, End User, and Geography 
  • Market Players and its Competitors: Cerner Corporation, Epic Systems Corporation, Koninklijke Philips, i2i Population Health, Health Catalyst,  Optum , Enli Health Intelligence, eClinicalWorks, Orion Health, Allscripts Healthcare Solutions , IBM Corporation, HealthEC LLC, Medecision, Arcadia, Athenahealth, Cotiviti, NextGen Healthcare, Inc. , Conifer Health Solutions, SPH Analytics, Lightbeam Health Solutions, Innovaccer, Citra Health Solutions , Evolent Health, Inc. , Lumeris and Forward Health Group among others.

FAQ Section-

1) Which component has accounted the major population health management market share?

Software is leading component in the product which is likely to maintain its growth during the forecast period.   

2) Which is the leading mode of delivery segment for population health management?

On-Premise is anticipated to gain major market share for mode of delivery segment in 2021 and maintain its dominance over the forecast period. 

3) Which end user is likely to dominate in 2021? 

Healthcare provider is expected to lead in the global population health management market.

4) Which region is gaining majority of market share during the forecast period (2021-2028)? 

North America is expected to lead in the global population health management market.