Description
The Global market for Population Health Management is poised to reach $ XX million by the end of 2020 . Population Health Management ( PHM ) aims to better the health outcomes of a group by monitoring and identifying individual patients within that group . They use Business Intelligence tools to aggregate , analyze data and provide meaningful insights which will aid in the process of decision making from a patient perspective . Using this data , effort is made to improve the clinical outcomes while lowering costs . Care management is a dire constituent of PHM , and while the goals of care management can vary from organization to organization , they tend to revolve around refining patient self-management , improving medication management , and reducing the cost of care such as admit rates . Currently , North America is the largest market for Population Health Management . This can be attributed to the increase in the number of Government initiatives towards adopting the PHM system . Asia Pacific is the fastest growing segment for the future .
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The Global Patient Health Management market can be classified on the basis of Component ( Hardware , Software , Services ), Application ( Clinical case reports , compliance programs , health economics , ROI , resource management , care coordination & provider incentives ), Delivery mode ( On-premise , cloud based , web based & mobile based ), End user ( Payers , Providers , Employer groups , & Government organizations ) and Geography ( North America , Europe , APAC & RoW ). DriversIntroduction of Patient protection & Affordable Care Act ( ACA ) encouraging hospitals to take up PHM programs , emergence of big data analytics , rise in demand for better patient quality of life , rise in demand to reduce healthcare costs and increasing incidences of chronic disease population are the major factors boosting the market growth . RestraintsData management & safety of the data concerns , lack of trained professionals and the lack of a presence of a proper system which requires investment to run PHM smoothly are the major challenges faced by the PHM market .
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What the report offers Market Definition for the specified topic along with identification of key drivers and restraints for the market . Market analysis for the Global Population Health Management Market , with region specific assessments and competition analysis on a global and regional scale . Identification of factors instrumental in changing the market scenarios , rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale . Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares . Identification and analysis of the Macro and Micro factors that affect the Global Population Health Management market on both global and regional scale . A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information .
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