Population Health Management Market Overview Forecast 2023-2030
Population Health Management Market Insights
Population Health Management Market size was worth USD 23.7 Billion in 2022, accounting for a CAGR of 14.5% during the forecast period (2023-2030), and the market is projected to be worth USD 80.2 Billion by 2030.
Population health management (PHM) is the process of analyzing and managing the health outcomes of a group of individuals. It involves the use of data analytics, patient engagement, and care coordination to improve the health of populations.
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Applications:
The population health management market is used in a variety of healthcare settings, including hospitals, clinics, health systems, and insurance companies. It is used to identify high-risk patients, manage chronic conditions, improve patient outcomes, reduce healthcare costs, and improve the overall health of populations.
Market value:
The growth in the market is driven by the increasing focus on value-based care, the need to improve patient outcomes, and the growing adoption of healthcare IT solutions.
Market Segment By Component: Software and Services By Deployment: On-premise and Cloud-based By End-use: Healthcare Providers and Healthcare Payers By Region: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Segmentation:
The population health management market can be segmented based on component, mode of delivery, end-user, and region. By component, the market can be segmented into software and services. By mode of delivery, the market can be segmented into cloud-based, web-based, and on-premise. By end-user, the market can be segmented into healthcare providers, payers, and employers. By region, the market can be segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
In conclusion, the population health management market is expected to experience significant growth in the coming years, driven by the increasing focus on value-based care and the need to improve patient outcomes. The market is characterized by the presence of numerous players offering software and services for population health management. With the growing adoption of healthcare IT solutions and the development of new technologies, the population health management market is expected to remain strong in the future. Additionally, the increasing focus on patient engagement and care coordination is expected to further fuel market growth.
The study provides answers to the following key questions:
• What type of customers buying the products and services from companies operating in the Population Health Management Market?
• What will be the roadmap for the product manufacturers operating in the Population Health Management Market for the forecast period, 2023-2030?
• What are the recent developments in the competitive landscape to look out for during the estimated period?
• What are the major trends influencing customers’ lives and their buying behaviour?
• How can brands best communicate with the customers they intend to target?
• When, where and how the customers want to use or consume the products or services?
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