The Population Health Management Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Population Health Management Global Market Report 2024, The population health management market size has grown exponentially in recent years. It will grow from $48.34 billion in 2023 to $58.68 billion in 2024 at a compound annual growth rate (CAGR) of 21.4%. The growth in the historic period can be attributed to public health initiatives, healthcare reform initiatives, shift to value-based care, chronic disease management, rising healthcare costs.
The population health management market size is expected to see exponential growth in the next few years. It will grow to $127.87 billion in 2028 at a compound annual growth rate (CAGR) of 21.5%. The growth in the forecast period can be attributed to expansion of value-based care models, focus on chronic disease prevention, integration of big data and analytics, consumer-centric healthcare, healthcare cost containment. Major trends in the forecast period include holistic care integration, health equity and inclusivity, community engagement and outreach, preventive and wellness programs, social determinants of health.
The rising demand for solutions supporting value-based care delivery by healthcare shareholders is expected to propel the growth of the population health management market going forward. Value-based healthcare is a healthcare delivery framework that encourages healthcare providers to focus on the quality of services rendered as opposed to quantity. Value-based care delivery helps in reducing errors by enhancing workflows and interoperability, and lowers costs while increasing patient satisfaction, allowing executives to monitor and manage care. According to the Healthcare Payment Learning and Action Networks, a US-based group of public and private health care leaders’ APM measurement report, 40.6% of payments across public and private payers were strictly fee-for-service. Meanwhile, 18.1% of payments had some link to quality and value. Thus, the rising demand for solutions supporting value-based care delivery by healthcare shareholders is driving the population health management market.
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The population health management market covered in this report is segmented –
1) By Component: Software, Service
2) By Mode Of Delivery: On Premise, Cloud-Based
3) By End-User: Providers, Payers, Other End-Users
Major companies operating in the population health management market are increasing their focus on introducing patient care management platforms to gain a competitive edge in the market. Patient care management platforms are comprehensive software solutions that are designed to optimize healthcare delivery by providing tools for patient data management, care coordination, and treatment planning. For instance, in March 2023, Franciscan Healthcare, a US-based healthcare company, and i2i Population Health, a US-based software company, launched i2iTracks, a quality improvement tool that has been used to enhance quality and care management, patient satisfaction, and data analytics. i2i Population Health’s platform seamlessly integrates with Electronic Health Records (EHR) systems and registries, as well as analytics, allowing care teams to leverage actionable data for improved patient care.
The population health management market report table of contents includes:
1. Executive Summary
2.Population Health Management Market Characteristics
3.Population Health Management Market Trends And Strategies
4.Population Health Management Market analysis
5. Population Health Management Market Size And Growth
6.Population Health Management Segmentation
7. Population Health ManagementRegional And Country Analysis
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27.Population Health Management Competitive Landscape And Company Profiles
28.Population Health Management Key Mergers And Acquisitions
29.Population Health Management Future Outlook and Potential Analysis
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