Owing to the upsurge in the prevalence of chronic diseases Population Health Management (PHM) Market is expected to bring in USD 82.61 billion by 2026. The increasing rate of chronic diseases is driving the market growth of the population health management (PHM) market across the world.
Due to this progression the market is expected to propel by 19.03% of annual growth rate in the forecasted period of 2019 to 2026. The accelerating initiative adopted by government to map the healthy population and mark down the reasons for lagging health rate is the foremost reason for global advancement of population health management (PHM) market.
According to Data Bridge Market Research the market for population health management (PHM) is booming with the rising expenditure in the healthcare IT solutions. The demand of one platform creation by merging software and technologies for mapping and recording the health of mass individuals will accelerate the business growth. This development will be backed by the payers sub category defined in the end user segment. The payers are couple of types namely private and public, these both factors will work hand in hand to determine the success growth of the population health management (PHM) market.
The rising demand of healthcare sector integration with the current fitness and wellbeing stats, storage for the collected mathematical figures and the management of these numbers will shoot the growth of population health management (PHM) market. Few of the restraints might hamper the market growth. Owing to the amount of cost and expenditure needed to execute this cumbersome but crucial task and to secure its privacy as well will hamper the market growth in the anticipated time window.
Now the question is which are the other regions population health management (PHM) market is targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific (APAC) region due to the increment in health tourism, the increasing rate of healthcare sector will also create a deep crater for market growth of population health management (PHM). North America is expected to dominate the global share and market due to advanced healthcare cost system and germinating aging populations.
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The population health management (PHM) market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
All country based analysis of the population health management (PHM) market is further analyzed based on maximum granularity into further segmentation. On the basis application market is segmented into automating patient-centered medical home (pcmh), access comprehensive longitudinal patient record, effectively coordinate care, patient outreach, others, delivery mode, cloud-based, on-premises. On the basis of component market is segmented into software and services. On the basis of end user the market is fragmented into providers, ambulatory care centers, hospitals, physician groups, and integrated delivery networks, diagnostic and imaging centers, home healthcare agencies, nursing homes, and assisted living facilities. On the basis of healthcare providers market is divided into payers such as public payers, private payers.
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Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of population health management (PHM) companies’ contact us https://www.databridgemarketresearch.com/reports/global-population-health-management-phm-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Population health management Market – Industry Trends - Forecast to 2026