Population Health Management Market Size (2024 - 2029)

The Population Health Management Market is projected to experience significant growth over the forecast period, driven by factors such as the increasing geriatric population, the rising prevalence of chronic diseases, and the digitalization of healthcare systems. The demand for affordable treatment options due to escalating healthcare costs and supportive government policies further contribute to the market's expansion. However, challenges related to data security, regulatory compliance, and the management of extensive healthcare data may hinder the market's growth trajectory.

Market Size of Population Health Management Industry

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Population Health Management Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 53.41 Billion
Market Size (2029) USD 126.86 Billion
CAGR (2024 - 2029) 18.89 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Population Health Management Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Population Health Management Market Analysis

The Population Health Management Market size is estimated at USD 53.41 billion in 2024, and is expected to reach USD 126.86 billion by 2029, growing at a CAGR of 18.89% during the forecast period (2024-2029).

The global population health management market is being driven by the rising geriatric population and increasing burden of chronic diseases, digitalization of healthcare systems and the increasing need for affordable treatment options due to rising healthcare costs. Additionally, the increasing population suffering from chronic diseases, which requires a long period of surveillance and hospital stay, and favorable government policies that are also the other factors supporting the growth of market.

However, with the ongoing trends in population health management, customers face challenges associated with data security and reliability, increasing regulatory compliance, and handling huge amounts of healthcare data. Also the probability of reduced service/product quality is among the few factors expected to restrain the growth of the market.

Population Health Management Industry Segmentation

As per the scope of the report, population health management is a platform used to aggregate patient-related data across multiple health information resources and analyze the data and integrate into a single, actionable patient record that allows healthcare practices and providers to measure compliance across their patient population and improve both clinical and financial outcomes. The main aim of population health management is to improve and ease the healthcare outcomes of a group, by monitoring and identifying individuals within a group, by using business intelligence tools.

By Component
Software
Hardware
Services
By Delivery Mode
On-premise
Cloud-based/Web-based
By End-User
Payers
Providers
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East & Africa
GCC
South Africa
Rest of Middle-East & Africa
South America
Brazil
Argentina
Rest of South America
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Population Health Management Market Size Summary

The population health management market is poised for significant expansion, driven by factors such as the increasing geriatric population, the rising prevalence of chronic diseases, and the digital transformation of healthcare systems. The need for cost-effective treatment options amid escalating healthcare expenses further propels market growth. Favorable government policies and the necessity for prolonged surveillance and hospital stays for chronic disease management also contribute to the market's upward trajectory. However, challenges such as data security concerns, regulatory compliance, and the management of vast healthcare data volumes pose potential restraints. The cloud-based segment emerges as a dominant force within the market, offering benefits like reduced licensing and startup costs, minimal maintenance expenses, and enhanced accessibility, which are expected to drive its rapid growth.

North America is anticipated to maintain a leading position in the population health management market, supported by a favorable regulatory environment, pressure on healthcare institutions to cut costs, and advancements in healthcare IT, big data, and cloud computing. The region's well-established healthcare infrastructure and ongoing government reforms, coupled with a growing patient burden, further bolster market expansion. Strategic initiatives such as acquisitions, mergers, and partnerships are prevalent among market players, who are also investing significantly in developing innovative products and platforms. Companies like Allscripts Healthcare Solutions Inc., Cerner Corporation, McKesson Corporation, Health Catalyst, and Optum Inc. are actively enhancing their market presence through these strategies, capitalizing on opportunities presented by regulatory frameworks like the Affordable Care Act in the United States.

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Population Health Management Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Need to Build a Comprehensive Single Platform for Patient Record and Management

      2. 1.2.2 Rising Population Suffering from Chronic Diseases Requires Long Period of Surveillance

      3. 1.2.3 Increasing Support and Investments from Public and Private Organizations

    3. 1.3 Market Restraints

      1. 1.3.1 Need for Multi-disciplinary Teams for Effective Implementation

      2. 1.3.2 Reimbursement Issues

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Component

      1. 2.1.1 Software

      2. 2.1.2 Hardware

      3. 2.1.3 Services

    2. 2.2 By Delivery Mode

      1. 2.2.1 On-premise

      2. 2.2.2 Cloud-based/Web-based

    3. 2.3 By End-User

      1. 2.3.1 Payers

      2. 2.3.2 Providers

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle-East & Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle-East & Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Population Health Management Market Size FAQs

The Population Health Management Market size is expected to reach USD 53.41 billion in 2024 and grow at a CAGR of 18.89% to reach USD 126.86 billion by 2029.

In 2024, the Population Health Management Market size is expected to reach USD 53.41 billion.

Population Health Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)