Global Population Health Management Market Size By Mode Of Delivery (Web-Based, On-Premise, Cloud-Based), By End User (Healthcare Providers, Healthcare Payers, Government Bodies), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Population Health Management Market Size By Mode Of Delivery (Web-Based, On-Premise, Cloud-Based), By End User (Healthcare Providers, Healthcare Payers, Government Bodies), By Geographic Scope And Forecast

Population Health Management Market Size And Forecast

Population Health Management Market size was valued at USD 23.45 Billion in 2022 and is projected to reach USD 64.12 Billion by 2030, growing at a CAGR of 14.23% from 2023 to 2030.

Government mandates and support for healthcare IT solutions, increasing use of big data analytics, and the need to curtail the escalating healthcare costs are the key factors driving the growth of the Population Health Management Market. The Global Population Health Management Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Population Health Management Market Definition

Let’s first understand Health, according to ‘World Health Organization’, is a state of complete social, physical, and mental well-being for a better life also it observes that there will be an absence of the environment from a health point of view. To have a healthy lifestyle we’ve to focus on our daily life activities such as physical training, and mental training which includes sports, yoga, and much more. And we’ve to take chances to encourage physical activities towards youth and older ones too. By which we can achieve certain objectives related to Health Management and achieve enough advantages.

Picture thisyou have a group of people, each with their own health issues. Population Health Management is like a clever detective that looks at all their health data, like a puzzle. By using this data, experts can divide them into different groups based on their conditions. Now, here's the cool part. Advanced gadgets help us analyze this data like never before. It's like having a supercomputer in the palm of your hand. This lets doctors understand each person's needs better and tailor treatments specifically for them. Plus, it saves everyone time and money. Instead of spending hours sorting through paperwork, computers can do it in a flash. And less time spent on admin means more time for doctors to spend with patients. As people live longer and develop more chronic diseases that need ongoing care, this technology is becoming more and more important. Governments around the world are also getting behind it. Take the United States, for example. They've passed laws like the Affordable Care Act to fight diseases and encourage the use of technology in healthcare. So, the future of Population Health Management looks bright, helping us create a healthier, more affordable healthcare system.

The Affordable Care Act (ACA) is expected to boost the growth of the Population Health Management Market, opening up opportunities for companies that help healthcare providers collect and manage patient information. For instance, the market is being driven by the surge in infectious diseases, including COVID-19, around the world. Additionally, chronic diseases like heart disease, cancer, and diabetes significantly impact overall health globally. Countries like the US and India have high rates of death from chronic diseases.

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Global Population Health Management Market Overview

Our health and well-being are deeply influenced by things like our income, education, job, the support we have in our lives, and the environment we live in. These factors shape our ability to make healthy choices. For example, having a decent income allows us to access healthcare, housing, and a clean and healthy environment. Unemployment is a major concern, as it can severely limit our options. Without a job, we may struggle to afford healthcare or a decent home, which can have a negative impact on our health. Similarly, living in an unhealthy environment can expose us to pollution or other hazards that can compromise our health. So while it's important to focus on eating right and exercising, we also need to recognize the importance of these often-overlooked factors. A thriving society provides its members with not just economic opportunities, but also access to education and a healthy environment. These elements are crucial for a truly healthy and fulfilling life.

The need for healthcare IT systems, the rise of big data analysis, and the urgent need to reduce rising healthcare expenses are all major factors driving the expansion of the Population Health Management Market. The growth of emerging nations like Brazil, Russia, India, South Korea, and China, the increased emphasis on personalized drugs, and the expanding focus on value-based medicines are also expected to provide industry participants with lucrative growth opportunities over the projection period. However, this market's expansion is being hampered by issues with interoperability, a shortage of skilled analysts, and data breaches. The Population Health Management Market is divided into three structural componentsHealth Outcomes,

Understanding Health and Its Determinants Our health outcomes, which describe our physical well-being after treatment, are influenced by various factors known as health determinants. These determinants shape our behaviors, biology, socioeconomic status, and the environment we live in, all of which impact our health. Improving Health for Everyone Population health management aims to enhance the health of entire populations. This involves improving the experiences of patients, making healthcare more affordable, and leveraging technology to provide the best possible care. By addressing the underlying determinants of health, we can promote a healthier future for all.

There are some new technological advancements has done in the field of Health Mgmt such as 3D Printing, Robotic Surgery, Smarter Pacemakers, and Healthcare Digital Assistants.3D Printing or Bioprinting is a new technological advancement of this century. It is used to create replicas of human being organs, bones, and blood vessels. Robotic Surgery in medicines helps patients to provide safer surgery in comparison to Open Surgery. And it is an advanced form of minimally invasive surgery where the surgeon treats the patient with the help of a robot to avoid tiny mishappenings.

Hey there! The COVID outbreak has been a big deal for the roaming tariff industry. Why? Well, because suddenly, everyone's been trying to stay in touch with doctors, family, and friends while they're stuck at home. That's created a huge need for ways to use our phones and devices without getting charged a ton. But it's not all been great. Lockdowns caused some problems for getting supplies where they needed to go. But governments have been doing their best to help the industry out and make up for the losses caused by the pandemic. Plus, companies have come up with new ideas and ways of doing things to keep everything moving smoothly. So, even though there have been a few bumps in the road, the future looks pretty bright for the roaming tariff industry. We're going to see a lot of growth in the years to come.

Global Population Health Management Market Segmentation Analysis

The Global Population Health Management Market is segmented on the basis of Mode of Delivery, End User, and Geography.

Population Health Management Market, By Mode of Delivery

  • Web-Based
  • On-Premise
  • Cloud-Based

Based on Mode of Delivery, The market is segmented into Web-Based, On-Premise, and Cloud-Based. Web-Based medical service (WBMS) is the most innovative technology which derives the relationship between Medical Services and Internet Services. The primary objective of this technology is to enhance the credibility of medical services by connecting human population data to this platform. On-Premise data storage means the organization’s healthcare data is stored in its own on-site data center. And this advantage allows the organization to take full control over the data storage environment. Some of the Public Cloud providers like AWS, Google Cloud Platform, and Microsoft Azure are leveraging healthcare organizations with healthcare data storage in the public cloud.

Population Health Management Market, By End User

  • Healthcare Providers
  • Healthcare Payers
  • Employer Groups
  • Government Bodies

Based on End User, The market is segmented into Healthcare Providers, Healthcare Payers, Employer Groups, and Government Bodies. Healthcare Providers are the healthcare professionals who guide patients and provide them with healthcare facilities diagnosis and treatment services including medication to free themselves from diseases. For example – Doctors, Nurses, etc. Healthcare Payers are the companies who pay for administered medical emergency services. An Insurance company is one such example of a “Payer”.

A Payer is obliged to process a patient’s medical claim at the time of a health emergency if the patient is enrolled in such a contract. Example of such medical insurance companies in the Indian region is- ICICI Lombard and Apollo Munich Health Insurance Company. Every Government plays a very significant role in enhancing the capabilities of its Healthcare System by providing funds and by deploying advanced healthcare schemes in terms of insurance and by other means as well. Some examples of such schemes are- Pradhan Mantri Swasthya Suraksha Yojana (PMSSY).

Population Health Management Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Based on Regional Analysis, The Global Population Health Management Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is a leading region among the rest part of the world in terms of the Population Health Management Market. The quality of Medical Services in the USA and Canada is generally high, and from a cost point of view, the USA offers the most expensive healthcare services in the world. Though, the United Kingdom has the best healthcare system in the world according to a 2020 report.

On the other hand, Asia-Pacific region, India ranked 10th out of 11 Asia-Pacific countries in a recently launched health index to measure the progress towards personalized healthcare services These parent regions are further segmented as follows; Asia Pacific (China, India, Japan, Rest of APAC), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), North America (US, Canada, Mexico), Latin America (Brazil, Argentina, Rest of LATAM), and Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of MEA).

Key Players

The “Global Population Health Management Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are MCKESSON CORPORATION (U.S.), Verisk Analytics, Inc (U.S.), Forward Health Group, Inc (U.S.), Health Catalyst (U.S.), Athenahealth, Inc. (U.S.), Cerner Corporation (U.S.), Medecision (U.S.), Xerox Corporation (U.S.), Allscripts Healthcare, LLC (U.S.), Fonemed (Canada), General Electric (U.S.), HealthBI (U.S.), NXGN Management, LLC (U.S.), Optum Inc. (U.S.), Conifer Health Solutions, LLC (U.S.), IBM (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens Healthcare GmbH (Germany).

Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • January 2020 – Allscripts partnered with MyndYou Inc. to promote population health through MyndYou’s care portal, app platform, and virtual care manager, which identifies and monitors high-risk triage patients.
  • October 2019 – Cerner and i2i Population Health (US) collaborated to combine Cerner’s comprehensive population health management tools with i2i’s EHR-agnostic capabilities to help users drive positive, sustainable outcomes for community health centres, primary care associations, and rural health systems.
  • July 2019 – Epic collaborated with Connected Care Health Services (US) to improve healthcare organisations’ population health initiatives.
  • June 2018 – i2i Population Health (i2i) collaborated with VisionWare (UK) to help VisionWare support its established foundation of Federally Qualified Healthcare Centers and expand its population health analytics presence.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Population Health Management Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in the Global Population Health Management Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

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