Population Health Management Market Segmentation Forecast Analysis up to 2028

4.9
Population Health Management Market Segmentation Forecast Analysis up to 2028
9 Min Read

In term of mode of operation, the global population health management market has been classified into web-based, cloud-based, and on-premise.

Start typing here! You can add more paragraphs, images, videos, and more by clicking the icons in the toolbar!

Population Health Management Market: Introduction

According to the report, the global population health management market was valued at US$ 25.9 Bn in 2020 and is projected to expand at a CAGR of 15.9% from 2021 to 2028. Population health management is the collection of patient data across multiple health information technology resources, analysis of that data into a single, actionable patient record, and actions through which care providers can improve both clinical and financial outcomes.

Request a Sample of Population Health Management Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4174

In term of mode of operation, the global population health management market has been classified into web-based, cloud-based, and on-premise. Web-based population health management is an extended or advanced version of cloud-based population health management, wherein large organizations, care providers, and insurance organizations have separate storage sections and exclusive access to data compared to cloud-based population health management.

Resources, services, or applications are made available to users through Internet from cloud computing provider's server and is known as cloud-based system. Cloud computing is a type of computing that depends on shared computing resources rather than local servers or devices. The software or technology is installed and runs in the same premise. Hence, it is known as on-premise software. On-premise means physically confined within the enterprise, usually in a company’s data center.

Request a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4174

Usage of Health IT Forms for Patient Engagement: Key Driver

Initiatives for patient engagement through various heath IT forms have proven to aid population health management. Through various m-health application, compassionate care, patient care, etc. physicians can improve population health management. The utilization of patient portals and patient-generated health data can aid in population health management.

Technological advancements in electronic health records (EHR), analytics, blockchain technology, and improved population education drive the demand for population health management. These factors are expected to boost the growth of the global population health management market during the forecast period.

Request for Analysis of COVID19 Impact on Population Health Management Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=4174

Increase in Government Initiatives: Major Driver

The rise in government initiatives for the adoption of digital health products is likely to drive the global market during the forecast period. In the U.S, implementation of the Affordable Care Act (ACA) is likely to play a major role in increasing the use of population health management services in the near future. The ACA eliminates payments for unnecessary re-admissions, making hospitals financially accountable to patients for up to 30 days after they have left the hospital. This involves hospitals and care providers to install population health management-based platforms as a measure to reduce cost burden on patients and improve their quality of services.

Non-profit hospitals need to conduct certain community activity in every three years and report it to the Internal Revenue Service. The assessment includes information about a hospital’s plans to address identified needs. In order to make the entire process hassle free and avail reimbursement for their services, such non-profit organizations seek interventions from community health care centers or accountable care organizations, which usually purchase population health management storage space and rent it to others.

Hence, increase in government initiatives is projected to drive the global population health management market during the forecast period.

Enquiry before Buying Population Health Management Market Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=4174

Services Segment to Dominate Population Health Management Market

In terms of component, the global population health management market has been classified into hardware, software, and services. The services segment is anticipated to account for a major market share in 2020, and the trend is expected to continue during the forecast period. The segment is likely to expand at a high CAGR from 2021 to 2028.

Web-based Segment to Lead Population Health Management Market

Based on operation, the global population health management market has been categorized into web-based, cloud-based, and on-premise. The web-based segment is projected to dominate the global market during the forecast period. Web-based population health management allows simultaneous tracking and measuring progress of providers and patients for multiple centers. This is a key factor propelling the segment during the forecast period.

Major Players

Key players operating in the global population health management market include Koninklijke Philips N.V., Lumeris, Health Catalyst, McKesson Corporation, Cerner Corporation, ZeOmega, Healthagen LLC, UnitedHealth Group, International Business Machines Corporation, and Persivia.

More Trending Reports by Transparency Market Research:

https://www.prnewswire.com/news-releases/increased-cases-of-gynecological-diseases-boost-demand-opportunities-for-players-in-gynecology-drugs-market-tmr-301155994.html

https://www.prnewswire.com/news-releases/increase-in-demand-for-new-therapies-for-effective-management-to-drive-global-menopausal-hot-flashes-treatment-market-says-tmr-301378552.html

https://www.prnewswire.com/news-releases/remarkable-growth-in-working-women-population-worldwide-likely-to-fuel-breast-pumps-market-growth-tmr-301165675.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Us

Rohit Bhisey

Transparency Market Research,

90 State Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/