Global Population Health Management Market to Reach US$ 305.1 Billion by 2032, Impelled by Significant Growth in Healthcare Industry

September 13, 2022 | Healthcare

According to the latest report by IMARC Group, titled “Population Health Management Market Report by Component (Software, Services), Mode of Delivery (Cloud-based, Web-based, On-premises), End User (Healthcare Providers, Healthcare Payers, Employer Groups, Government Bodies), and Region 2024-2032," the global population health management market reached a value of US$ 74.8 Billion in 2023. Population health management (PHM) is a holistic approach to improving clinical health outcomes through enhanced care coordination and patient engagement. It includes comprehensive and authoritative strategies, such as compliance programs, health economics, outcome assessments, healthcare reforms, care coordination, and resource management. PHM assist healthcare providers in identifying and addressing care gaps, promoting wellness through evidence-based decision support, and improving the overall patient experience. It also aids in improving clinical efficiency, ensuring patient-centric care by reducing readmission rates, ensuring appropriate and optimum interventions, and providing real-time monitoring and access to medical information. PHM is a patient-friendly platform that aims to improve the population's health by enhancing health decisions and supporting wellness.


Global Population Health Management Market Trends:

The increasing adoption of information technology (IT) solutions in the healthcare industry is one of the key factors driving the market growth. PHM solutions are widely used for processing clinical, financial, and operational data to improve efficiency and patient care. In addition, it enables data aggregation, risk stratification, care coordination, and patient communication, allowing clinicians to make informed decisions leading to better outcomes and reduced treatment costs. Furthermore, the rising geriatric population prone to chronic and acute medical ailments, such as cardiovascular diseases (CVDs), diabetes, and neurological diseases that require continuous surveillance and patient care, is acting as another growth-inducing factor. Additionally, the integration of big data analytics to improve patient outcomes, enhance care management, and address social determinants of health is providing an impetus to the market growth. Moreover, shifting trends from fee-for-service (FFS) to value-based payment (VBP) in medical reimbursement that requires coordination and communication between clinicians across various specialties to improve the overall quality of care is creating a positive outlook for the market. Other factors, including increasing adoption of the Internet of Things (IoT) in healthcare, favorable initiatives by several governments across the globe to promote public health, and rising preference for personalized medicines, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 305.1 Billion by 2032, exhibiting a CAGR of 16.6% during 2024-2032.


Market Summary:

  • On the basis of component, the market has been bifurcated into software and services.
  • Based on the mode of delivery, the market has been categorized into cloud-based, web-based, and on-premises.
  • On the basis of the end user, the market has been classified into healthcare providers, healthcare payers, employer groups, and government bodies.
  • On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others) Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the industry has also been examined, with some of the key players being Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation, eClinicalWorks, Health Catalyst Inc., International Business Machines Corporation, Koninklijke Philips N.V., Lightbeam Health Solutions, McKesson Corporation, Nextgen Healthcare Inc., Optum Inc. (UnitedHealth Group Incorporated) and Symphony Performance Health Inc. (Press Ganey Associates).

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Mode of Delivery, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation, eClinicalWorks, Health Catalyst Inc., International Business Machines Corporation, Koninklijke Philips N.V., Lightbeam Health Solutions, McKesson Corporation, Nextgen Healthcare Inc., Optum Inc. (UnitedHealth Group Incorporated) and Symphony Performance Health Inc. (Press Ganey Associates)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Population Health Management Market to Reach US$ 305.1 Billion by 2032, Impelled by Significant Growth in Healthcare Industry
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More