Population Health Management Solutions Market Size to Reach USD 48.64 Billion in 2027 Growing at a CAGR of 11.3%, According to Emergen Research

According to Emergen Research, the global population health management solutions market size was USD 21.63 billion in 2019 and is expected to reach USD 48.64 billion in 2027 and register a revenue CAGR of 11.3% during the forecast period.

Emergen Research has published its latest report titled “Population Health Management Solutions Market By Component (Services, Software), By Mode of Deployment (On-Premises, Cloud-Based), By End User (Healthcare Providers, Healthcare Payers, Others), and By Region Forecasts to 2027”

According to Emergen Research, the global population health management solutions market size was USD 21.63 billion in 2019 and is expected to reach USD 48.64 billion in 2027 and register a revenue CAGR of 11.3% during the forecast period.

Market Dynamics:

Population Health Management refers to managing patient information and data across multiple sources in a single, actionable patient record that helps healthcare providers to improve clinical and financial outcomes, especially for high-risk disease patients. It uses advanced technologies and tools such as data science, artificial intelligence, and machine learning to make patient data storage effortless and easily accessible. Population health management systems are widely used by healthcare providers for managing chronic diseases. Increasing healthcare spending, improving healthcare infrastructure, and increasing demand for value-based and effective disease management systems across many hospitals and healthcare centers are key factors driving global market growth.

Revenue growth of the global market is significantly driven by factors such as increasing geriatric population, government initiatives to promote health management solutions, high usage of data analytics, and rising demand for healthcare IT services. Other factors such as rising prevalence of chronic diseases, increasing focus on developing advanced population health management solutions, and increasing investment by private and public sectors are expected to fuel global market growth during the forecast period. However, unawareness of benefits of population health management solutions among emerging economies, lack of skilled professionals and analysts to handle huge data, and increasing concerns about data breaching and data security are key factors expected to hamper global market growth to a certain limit over the forecast period.

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COVID-19 Impact Analysis

  • Social distancing and restrictions severely disrupted businesses and operations
  • Lockdowns caused disruptions in transportation and logistics
  • Impacted manufacturing activities and mining operations globally
  • Took a toll on economy of various countries
  • Caused sudden and drastic downturn in economic activity
  • Disrupted agriculture, fisheries, dairy, and other sectors
  • Caused loss of employment and financial crisis
  • Supply impacts were further compounded owing to reduced disposable income
  • Emergence of variants continue to cause concerns and impact normal routines

Cloud-based Segment To Register Steady Revenue Growth:

Cloud-based segment revenue is expected to expand at a steady revenue growth during the forecast period. Cloud solutions are highly preferred due to better accessibility to population health management solutions across multiple platforms, easy storage, and affordability.

Healthcare Provider Segment to Account for Largest Revenue Share:

Healthcare providers segment is expected to account for largest revenue share over the forecast period. This can be attributed to factors such as presence of high patient pool across the globe, and increasing implementation of population health management solutions from various healthcare providers for better disease management and patient care.

North America to Lead in Terms of Revenue Share:

North America is expected to account for largest revenue share in the global market during the forecast period owing to factors such as increasing focus on reducing healthcare costs, presence of leading market players, high adoption of healthcare IT, and increasing public awareness about population health management.

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Major Companies in the Market Include:

  • Epic Systems Corporation
  • Population Health
  • Cerner Corporation
  • Koninklijke Philips
  • Allscripts Healthcare Solutions
  • Enli Health Intelligence
  • IBM Corporation
  • Optum
  • Health Catalyst
  • HealthEC, LLC
  • NextGen Healthcare, Inc.

For the purpose of this report, Emergen Research has segmented into the global Population Health Management Solutions Market on the basis of component, mode of deployment, end use, and region:

Component Outlook (Revenue, USD Billion; 2017-2027)

  • Software
  • Services
    • Post-Sale and Maintenance Services
    • Consulting Services
    • Training and Education Services
    • Implementation Services

Mode of Deployment Outlook (Revenue, USD Billion; 2017-2027)

  • On-Premises
  • Cloud-based

End Use Outlook (Revenue, USD Billion; 2017-2027)

  • Healthcare Providers
    • Ambulatory Care Centers
    • Hospitals, Physician Groups, and Integrated Delivery Networks
    • Diagnostic and Imaging Centers
    • Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
    • Other Healthcare Providers
  • Healthcare Payers
    • Public Payers
    • Private Payers
    • Others

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Regional Outlook (Revenue, USD Billion; 2017–2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • South Africa
    • Rest of MEA

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