Global Population Health Management (PHM) Market Report 2022: Need for Interoperability and Integration to Drive Innovation

Posted on December 10, 2022 by Design in Design Innovation | 0 Comments

The global population health management market is projected to reach USD 53.3 billion by 2027 from USD 27.8 billion in 2022, at a CAGR of 13.9% during the forecast period. Growth in this market is driven by the growing government initiatives to improve community health, increasing patient pool, rising geriatric population and the growing need to curtail healthcare costs. However, lack of skilled IT professionals & high infrastructural investments are expected to restrain the growth of this market to a certain extent.

The software segment is projected to be the largest segment & register the highest growth in the population health management market, by component

Based on the component, the software segment is projected to be the largest segment& register the highest growth during the forecast period. Factors responsible for the growth of this segment is the increased adoption of software pertaining to improved operational efficiency, no upfront capital investment for hardware, enhanced patient engagement.

Healthcare Providers was the largest segment by end-user in 2021

Healthcare providers segment is projected to grow at the highest growth rate in the population health management market in 2021. Growing need to curtail healthcare costs, rising need for better financial outcomes, ACA mandates is expected to drive the demand for population health management services in the coming years.

APAC to witness the highest growth rate during the forecast period

The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. Market growth in the APAC region is mainly driven by factors such as the improving healthcare infrastructure, growing medical tourism, government initiatives for the adoption of HCIT, increasing healthcare expenditure, and the rising purchasing power of consumers will also propel market growth.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Industry Trends

Key Topics Covered:

7 Population Health Management Market, by Component

8 Population Health Management Market, by Mode of Delivery

9 Population Health Management Market, by End-user

10 Population Health Management Market, by Region

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/owpziq

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