Population Health Management Market Growth, Trend and Forecast Population Health Management Market - Global Indus

Population Health Management Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025
Population health management is characterized as collecting and analyzing the data on segments
of patient population and management of that data for specific diseases within that population. It is a
model which helps the health care providers and payers to assess the populations they serve across
the continuum of care. Population health management is thus a comprehensive approach which
requires both analysis and action, and utilized to uncover the gaps in health care for the benefits of
patients and physicians. It improves health management outcomes by aligning physicians,
coordinating the medical care, and optimizing efficiency as well as revenue. Major factors driving the
population health management market are continued pressures to minimize health care costs, rising
demand to improve the healthcare services quality, and implementation of value-based payment
system. However, lack of trained and efficient professionals, safety of data and its management
concerns, and lack of proper systems requiring investment to run the population health management
program smoothly are the major restraints of the population health management market.
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The global population health management market can be segmented based on component, delivery
mode, and end-user. In terms of component, the global population health management has been
segmented into software, hardware, and services. The services segment has been further divided into
consulting, business intelligence, analytics, and others. The consulting and business intelligence
segments dominated the population health management market in 2016, owing to the rising demand
for business intelligence tools to analyze the data in the process of decision making from a patient
perspective. The software segment is expected to lead the population health management market
during the forecast period, with highest CAGR, attributed to the introduction of the Patient Protection
& Affordable Care Act (ACA) and encouragement to hospitals by public and private players to take up
population health management programs. Based on delivery mode, the global population health
management market has been classified as web-based, mobile-based, cloud-based, and others. The
web-based segment held the largest share of the population health management market in 2016 due
to the continuous efforts being made by governments to reduce health care costs and rapid adoption
of private payers to value-based purchasing model. However, the mobile-based segment is anticipated
to witness highest CAGR and is expected to account for the largest share of the global population
health management market in terms of revenue by 2025. Emergence of big data analytics is a major
factor likely to drive the mobile-based market during the forecast period.
In terms of end-user, the global population health management market has been segmented into
health care providers, health care payers, government organizations, and employer groups. The
health care providers segment captured the largest market share in terms of revenue in 2016,
attributed to rising incidence of chronic diseases among the population and increasing demand for
better and healthy patient quality of life. The health care payers and providers segments are projected