Worldwide Industry for Population Health Management to 2025 - Increasing Focus on Value-Based Medicine Presents Opportunities

Dublin, March 09, 2021 (GLOBE NEWSWIRE) -- The "Global Population Health Management Market (2020-2025) by Components, Mode of Delivery, End User, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The global population health management market is estimated to be USD 21.5 Bn in 2020 and is expected to reach USD 49.2 Bn by 2025, growing at a CAGR of 18%.

The increasing penetration of the use of IT in the field of healthcare is expected to boost the growth of the market in the coming years. Advantages offered by population health management systems, such as remote patient monitoring, which is very useful in the pandemic situation like Covid-19, data integration, care coordination, patient communication, data analysis, and data storage, is expected to be a driving factor for this market. Increasing awareness regarding the acceptance of better-personalized medicine is anticipated to offer significant growth opportunities for the players operating in the market.

Privacy and security concerns about the patient's data are going to hamper the growth of this market. High capital expenditure, high cost of installation, and maintenance costs are especially hampering the market growth.

Market Dynamics

Drivers

• Government Mandates & Support for Healthcare IT Solutions

• Increasing Use of Big Data Analytics

• Need to Curtail Escalating Healthcare Costs

Restraints

• Huge Investments in Infrastructure to Set Up a Robust PHM Program

• The rising cost of installation of population health management platforms

Opportunities

• Emerging Markets

• Rising Focus on Personalized Medicine

• Increasing Focus on Value-Based Medicine

Challenges

• Data Breaches

• Lack of Data Management Capabilities and Skilled Analysts

• Interoperability Issues

Segments Covered

Based on the Component, the Software Segment accounted for the maximum share of the global market. The large share of this segment is mainly because of increased adoption of software solutions by health care providers to reduce readmissions, cost-effectiveness, operational efficiency, enhance patient engagement, and aid data integration and analysis.

Based on Mode of Delivery, the market is classified into on-premise and cloud-based modes of delivery. On-premise mode of delivery is the fastest-growing segment in the population health management market. The advantages offered by the on-premise mode of delivery, such as customization of solutions, risk optimization related to data breaches, and the ability to revisit the existing servers and accessing the storage hardware, are supporting in increased adoption of the population health management solutions.

Based on the End User, the market is segmented into healthcare providers, healthcare payers, and other end users. The healthcare providers segment accounted for the largest share of the global market. The maximum share of this segment is attributed to the new government policies that are supporting the PHMS. For example, the implementation of the Affordable Care Act and Hospital Readmissions Reduction Program in the US, which is aimed to lower the healthcare costs by installing population health management. Also, the high demand for PHM solutions among healthcare providers due to the benefits offered by these solutions.

Based on Region, North America is anticipated to have the largest market share and is expected to grow significantly during the forecast period. Countries in the APAC region are also expected to grow at a higher rate due to investments in new solutions, high healthcare expenditure, and growing awareness in the healthcare sector.

Company Profiles
Some of the companies covered in this report 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, and others.

Competitive Quadrant
The report includes Infogence Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

• Lions: Represents companies with a strong foothold in the market, with the highest market share, large investments in technologies, new products.

• Bulls: Companies that are medium in size competing with their USPs, growing companies with proven market share.

• Rabbits: Small companies but growing rapidly, constantly improving their offerings in the market.

• Tortoise: Companies that are slow in growth, having a long legacy, and stable or negative in performance.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Population Health Management Market.

• The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

• The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.

• The report also contains a competitive analysis using the Competitive Quadrant, a Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market including parent industry

• Important market dynamics and trends

• Market segmentation

• Historical, current, and projected size of the market based on value and volume

• Market shares and strategies of key players

• Recommendations to companies for strengthening their foothold in the market

Key Topics Covered:

1. Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2. Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study

3. Executive Summary

4. Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Trends

5. Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6. Global Population Health Management Market, By Components
6.1 Introduction
6.2 Software
6.3 Services
6.3.1 Post-Sale and Maintenance Services
6.3.2 Consulting Services
6.3.3 Training and Education Services
6.3.4 Implementation Services

7. Global Population Health Management Market, By Mode of Delivery
7.1 Introduction
7.2 On-Premise
7.3 Cloud-Based

8. Global Population Health Management Market, By End Users
8.1 Introduction
8.2 Healthcare Providers
8.2.1 Ambulatory Care Centers
8.2.2 Hospitals, Physician Groups, and Integrated Delivery Networks
8.2.3 Diagnostic and Imaging Centers
8.2.4 Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
8.2.5 Other Healthcare Providers
8.3 Healthcare Payers
8.3.1 Public Payers
8.3.2 Private Payers
8.4 Other End-Users

9. Global Population Health Management Market, By Applications
9.1 Introduction
9.2 Automating Patient-Centred Medical Home (PCMH)
9.3 Access Comprehensive Longitudinal Patient Record
9.4 Effectively Coordinate Care
9.5 Patient Outreach
9.6 Others

10. Global Population Health Management Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 South America
10.3.1 Brazil
10.3.2 Argentina
10.4 Europe
10.4.1 UK
10.4.2 France
10.4.3 Germany
10.4.4 Italy
10.4.5 Rest of Europe
10.5 Asia-Pacific
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4 Australia
10.5.5 Rest of APAC
10.6 Middle East and Africa

11. Competitive Landscape
11.1 Infogence Competitive Quadrant
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 Mergers & Acquisitions
11.3.2 Agreements, Collaborations, & Partnerships
11.3.3 New Product Launches & Enhancements
11.3.4 Investments & Fundings

12. Company Profiles
12.1 Cerner Corporation
12.2 Omnicell, Inc
12.3 Epic Systems Corporation
12.4 Koninklijke Philips
12.5 I2I Population Health
12.6 Health Catalyst
12.7 Optum (A Part of Unitedhealth Group)
12.8 Enli Health Intelligence
12.9 Eclinicalworks
12.10 Allscripts Healthcare Solutions
12.11 IBM Corporation
12.12 Healthec, LLC
12.13 Medecision
12.14 Arcadia
12.15 Athenahealth
12.16 Cotiviti (Verscend Technologies)
12.17 Nextgen Healthcare, Inc.
12.18 Conifer Health Solutions
12.19 SPH Analytics
12.20 Lightbeam Health Solutions
12.21 Innovaccer
12.22 Siemens Healthcare GmbH
12.23 Cigna
12.24 ZeOmega
12.25 McKesson Corporation

13. Appendix
13.1 Questionnaire

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