Pune, India -- (SBWire) -- 03/12/2018 --MarketResearchFuture.com adds "Population Health Management Market - 2018 Global Analysis, Growth, Trends and Opportunities Research Report forecasting to 2023" reports to its database.
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Taking all these factors the market for Population health management is expected to reach $44.37 billion by the end of the forecast period growing at a CAGR of ~21.2%.
The intense need for in-depth understanding of the "Population Health Management Market -Forecast to 2023? coupled with its high growth potential necessitated the development of this report by Market Research Future. The report specifically focuses on the key industry development trends and forces that shapes the market, but not limited to only commercial nature, but which encompasses a broad range such as social, technological and others.
Major Players:
Allscripts, Inc. (U.S.) Cerner Corporation (U.S.), Conifer Health Solutions, LLC (U.S.), McKesson Corporation (U.S.), Wellcentive, Inc. (U.S.), Epic Corporation , Inc. (U.S.) , IBM (U.S.) are some of the prominent players at the forefront of competition in the global population health management market and are profiled in MRFR Analysis.
Market Synopsis of Global Population Health Management Market:
Population health management is the aggregation and analysis of patient data across multiple health domains and data resources, so as to improve both clinical and financial outcomes. The explosive growth of healthcare data availability which includes clinical data, market data etc. is creating a new set of opportunities and challenges for healthcare industry. In 2012 alone worldwide digital healthcare data was estimated to be around 500 petabytes and is expected to reach 25,000 petabytes by 2020. On the other hand there has been deterioration in clinical outcomes in spite of huge expenditure on healthcare. The U.S. alone spend a whopping 16% of its GDP on healthcare in 2015. Despite this huge GDP expenditure the United States doesn't even rank in the top 10 best public health care systems with countries such as Denmark ranking higher than it. Thus the extreme need to fill in the gap between expenditure and outcomes is the most critical driving factor for population health management market. Other market driving factors include
Explosion in digitization and computerization of data coupled with the growing processing power and inter-connectivity of systems.
Need for containing the huge increase in healthcare expenditure
Demand for value-based care delivery, leading to change from fee-for-service to a value-based payment model
Implementation of Affordable Care Act and Hospital Readmissions Reduction Program coupled with Medicare initiative to penalize unnecessary patient readmissions.
The restraints on the market are:
Technical and barriers such as differential file formats, differential data sources such as paper, graphs etc.
Technological barriers such as problems with data collection and processing, integration of multi-point and multi-sectorial cross channel data etc.
Security concerns such as legal restrictions, data security and privacy concerns etc.
Regional Analysis:
U.S. accounts for the maximum market share of the Global Population Health Management Market and is expected to hold this position in the near future. This can be attributed to transition to value-based care delivery, leading to change from fee-for-service to a value-based payment models. The regulatory changes in the U.S. such as implementation of Affordable Care Act and Hospital Readmissions Reduction Program coupled with Medicare initiative to penalize unnecessary patient readmissions will strengthen the position of the U.S. Europe will be the second largest market. However Asia pacific will be the fastest growing market and the growth will be led by China, and India as these nations have huge population with an urgent need to avoid any future extreme healthcare expenditure and the possibilities of achieving highest benefit is in these regions.
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Segments:
The Global Population Health Management Market is segmented on the basis of component. Based on the component, the market has been segmented as software and service. Based on applications, the market has been segmented into healthcare economics and resource management, healthcare coordination & consultancy, clinical and compliance studies and surveillance and others. Based on the delivery mode, the market has been segmented into on-premise, web and cloud based & mobile based and on the basis of end user, the market has been segmented into healthcare providers, healthcare payers, government organizations and others
Major TOC:
CHAPTER 1. INTRODUCTION
CHAPTER 2. RESEARCH METHODOLOGY
CHAPTER 3. MARKET DYNAMICS
CHAPTER 4. MARKET FACTOR ANALYSIS
CHAPTER 5. GLOBAL POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT
CHAPTER 6. GLOBAL POPULATION HEALTH MANAGEMENT MARKET, BY APPLICATION
CHAPTER 7. GLOBAL POPULATION HEALTH MANAGEMENT MARKET BY, DELIVERY MODE
CHAPTER 8. GLOBAL POPULATION HEALTH MANAGEMENT MARKET BY, END USERS
CHAPTER 9. GLOBAL POPULATION HEALTH MANAGEMENT MARKET, BY REGION
CHAPTER 10. COMPETITIVE LANDSCAPE
CHAPTER 11. COMPANY PROFILE
…CONTINUED
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