Global Population Health Management Market (Size of USD 15.9 Billion in 2017) to Witness 25.2% CAGR

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Industry Overview Population Health Management is the consolidation of patient’s health information through various technological platforms to analyze and facilitate healthcare delivery. Global population health management market generated USD 15.9 billion in 2017. The population health management market provides healthcare facility by software and services offerings. The software category accounts for the larger share of more than 80% in 2017. This is primarily due to the increasing customization of software as per the requirement adding advantage to the category over other solution. Explore Full Report Description at: https:// www.vynzresearch.com/healthcare/population-health-management -market


market segmentation  The global population health management market by offering is categorized into software and services. The larger share of software is due to the high demand of customization of software, and the rising need of healthcare integration system. The software category is also leading the market due to the regular software upgrades and maintenance that renders the buyers to concentrate on its core business. Although, population health management services held less than 20% of the global market, its demand is estimated to grow at a higher rate during the forecast period.


Geographic Overview  North America held the largest share of 48.8% in the global population health management market in 2017, majorly due to factors such as increase in awareness towards the benefits of population health management, the rise in demand to reduce healthcare cost, government initiatives to offer disease management programs, and the implementation of health reform such as the affordable care act (ACA) in U.S. Europe also holds significant share in the global market due to high adoption rate of population health management in countries such as Germany and U.K. Moreover, the population health management industry is expected to be witness highest demand registering fastest CAGR of 27.4% in Asia-Pacific, during the forecast period.


Competition among key players  In February 2017, IBM Watson Health introduced its value based care solutions at the Health Information Management Systems Society (HIMSS) conference. The value based care solutions includes provider performance manager, engagement manager, bundled payments forecasting and management, and custom analytics as a set of its application for managing population health. Similarly, other leading players in the global population health management market are providing integrated solutions with enhanced services to maintain their competency in the market.  Key players of the global population health management market include McKesson Corporation, Cerner Corporation, Health Catalyst, LLC, Wellcentive, Inc., Conifer Health Solutions, LLC, Allscripts Healthcare Solutions, Inc., Verscend Technologies, Inc., UnitedHealth Group, and Koninklijke Philips N.V.


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