The healthcare industry is going through a fundamental transformation globally—a shift from a volume-based business to a value-based business. Growing demands from consumers for improved healthcare quality and greater value are forcing healthcare providers and payers to deliver optimized outcomes.
To overcome these challenges and meet consumer expectations, healthcare providers are increasingly adopting healthcare analytics and population health management tools that enable them to provide improved healthcare at reduced costs. The Population Health Management Market to grow at a CAGR of +25% CAGR by 2021
Population Health Management software includes web-based and cloud-based solutions. The advantage of these solutions is that the service provider maintains and upgrades the software and eliminates the buyer’s responsibility of server support and maintenance, which enables the buyer to focus on their core business.
The global market is segmented on the basis of component, mode of delivery, end user, and region.
However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This can be attributed to factors such as the implementation of a number of PHM programs to improve population health in Australia, growing medical tourism in Asia, rapidly growing healthcare industry in India, efforts taken to digitalize the healthcare system in China, investments and reforms to modernize China’s healthcare infrastructure, and new outline by Japan’s information and communication technology fund.
Market Penetration: Comprehensive information on the products and services offered by top players in the population health management market. The report analyzes the population health management market by component, mode of delivery, and end user.
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The implementation of the Affordable Care Act (ACA) in the U.S., government support for the prevention of diseases and adoption of HCIT, growth in geriatric population and the subsequent increase in the prevalence of chronic diseases, need for affordable treatment options due to the rising healthcare costs, and advancing IT and big data capabilities are expected to drive the growth of the population health management market.
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Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the population health management market
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for population health management solutions across regions
Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the population health management market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and distribution networks of the leading players in the population health management market
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