Population Health Management Market Size & Share, By Mode Of Delivery (Web-Based, On-Premise, Cloud-Based), End User (Healthcare Providers, Healthcare Payers, Government Bodies), Regional Forecast, Industry Players, Growth Statistics Report 2024-2035

Market Outlook:

Population Health Management Market size exceeded USD 28.14 Billion in 2023 and is estimated to cross USD 89.76 Billion by 2035, growing at over 18.49% CAGR during 2024 to 2035.

• Base Year Value (2023): USD 28.14 Billion
• CAGR (2024-2035): 18.49%
• Forecast Year Value (2035): USD 89.76 Billion
• Historical Data Period: 2019-2022
• Largest Region: North America
• Forecast Period: 2024-2035

Market Dynamics:

Growth Drivers & Opportunities

The population health management market is experiencing significant growth due to several key drivers and opportunities. One of the major factors driving the growth of this market is the increasing burden of chronic diseases worldwide. According to the World Health Organization, chronic diseases such as diabetes, cardiovascular diseases, and cancer are the leading cause of mortality globally, accounting for 71% of all deaths. Population health management solutions help in managing and preventing chronic diseases by providing better access to care, promoting healthy behaviors, and improving care coordination.

Furthermore, the growing adoption of value-based care and accountable care organizations is also fueling the demand for population health management solutions. These models emphasize the overall health outcomes of a population rather than just individual patient encounters, driving the need for effective population health management tools to improve patient outcomes and reduce healthcare costs.

In addition, the increasing focus on preventive care and population health initiatives by governments and healthcare organizations is creating opportunities for market growth. The shift towards preventive care and population health management is driven by the desire to reduce healthcare costs and improve the overall health of the population.

Report Scope

Report Coverage	Details
Segments Covered	By Mode Of Delivery, End User
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	MCKESSON CORPORATION, Verisk Analytics, Inc, Forward Health Group, Inc, Health Catalyst, Athenahealth, Cerner, Medecision, Xerox, Allscripts Healthcare, LLC, Fonemed, General Electric, HealthBI, NXGN Management, LLC, Optum, Conifer Health Solutions, LLC, IBM, Koninklijke Philips N.V., Siemens Healthcare.

Industry Restraints & Challenges

While the population health management market is witnessing significant growth, it is also facing several restraints and challenges. One of the major challenges for market growth is the lack of interoperability and data integration among different healthcare IT systems. Population health management solutions rely on data from electronic health records, claims data, and other sources to identify at-risk populations and provide care management. However, the lack of interoperability and data integration hinders the effective use of population health management tools, leading to inefficiencies in care delivery and population health initiatives.

Moreover, concerns related to data privacy and security are also posing challenges for market growth. As population health management solutions gather and analyze large amounts of personal health information, there are increasing concerns about data privacy and security. Healthcare organizations and solution providers need to ensure that patient data is protected and compliant with regulations such as HIPAA to gain the trust of patients and healthcare stakeholders.

Another challenge for the population health management market is the shortage of skilled workforce and resources. Effective population health management requires trained personnel to analyze data, implement care management programs, and coordinate care across different healthcare settings. The shortage of skilled professionals in population health management is a significant barrier to the widespread adoption and implementation of these solutions.

Regional Forecast:

North America

North America is expected to dominate the population health management market due to the presence of well-established healthcare infrastructure, government initiatives to promote population health, and a high burden of chronic diseases. The region has a strong focus on accountable care and value-based care models, driving the adoption of population health management solutions. Additionally, the presence of major players in the healthcare IT industry and the increasing investment in healthcare technology further contribute to the growth of the population health management market in North America.

Asia Pacific

The Asia Pacific region is anticipated to witness significant growth in the population health management market due to the increasing healthcare expenditure, rising awareness about preventive care, and the growing adoption of healthcare IT solutions. Countries such as China, India, and Japan are at the forefront of population health initiatives, with governments and healthcare organizations investing in population health management solutions to improve health outcomes and reduce healthcare costs. Furthermore, the rapid digitization of healthcare systems and the increasing focus on patient-centric care are driving the demand for population health management solutions in the Asia Pacific region.

Europe

Europe is projected to experience substantial growth in the population health management market due to the implementation of population health initiatives, the adoption of value-based care models, and the presence of advanced healthcare IT infrastructure. The region’s focus on preventive care and chronic disease management is driving the demand for population health management solutions, as healthcare organizations seek to improve population health outcomes and reduce the burden of chronic diseases. Additionally, the presence of key players in the healthcare IT industry and the emphasis on data interoperability and integration further contribute to the growth of the population health management market in Europe.

Segmentation Analysis:

Chronic Care Management:

Chronic care management is a key sub-segment of the population health management market, focused on addressing the needs of individuals with chronic conditions such as diabetes, heart disease, and respiratory illnesses. Chronic care management programs aim to improve the management of these conditions, reduce hospitalizations, and improve the overall quality of life for individuals with chronic diseases. These programs often utilize remote monitoring, telemedicine, and care coordination to ensure that individuals receive the appropriate care and support to manage their conditions effectively.

Health Risk Assessment:

Another important sub-segment of the population health management market is health risk assessment, which involves evaluating an individual's risk factors for developing chronic conditions or other health issues. Health risk assessments may include physical exams, laboratory tests, and health screenings to identify potential health risks and develop personalized care plans to address them. By identifying and addressing health risks early, these programs can help individuals make lifestyle changes, receive appropriate preventive care, and ultimately reduce their risk of developing serious health problems.

Competitive Landscape:

The population health management market is highly competitive, with a large number of players offering a wide range of solutions and services to healthcare organizations, payers, and other stakeholders. Some of the key players in the market include Cerner Corporation, Allscripts Healthcare Solutions, Inc., Koninklijke Philips N.V., IBM Corporation, and Optum, Inc. These companies offer comprehensive population health management platforms, analytics tools, and care management solutions to help healthcare organizations improve the health of their populations and reduce healthcare costs.

In addition to these major players, there are also numerous smaller companies and start-ups that are driving innovation in the population health management market. These companies are focused on developing new technologies, such as artificial intelligence, machine learning, and predictive analytics, to help healthcare organizations identify at-risk individuals, deliver personalized care, and improve health outcomes. As the market continues to evolve, competition among these players is expected to intensify, leading to further innovation and advancements in population health management solutions.

Overall, the population health management market is poised for significant growth in the coming years, driven by the increasing focus on value-based care, the need to reduce healthcare costs, and the growing recognition of the importance of addressing social determinants of health. With a wide range of solutions and services available from both major players and emerging companies, healthcare organizations have numerous options for implementing population health management programs to improve the health of their populations and deliver better, more cost-effective care.