The population health management market size has grown exponentially in recent years. It will grow from $48.34 billion in 2023 to $58.68 billion in 2024 at a compound annual growth rate (CAGR) of 21.4%. The growth observed in the historic period can be attributed to various factors, including public health initiatives, healthcare reform efforts, a shift towards value-based care, effective chronic disease management, and the escalating costs associated with healthcare.
The population health management market size is expected to see exponential growth in the next few years. It will grow to $127.87 billion in 2028 at a compound annual growth rate (CAGR) of 21.5%. The anticipated growth in the forecast period can be attributed to various factors, including the expansion of value-based care models, an increased focus on chronic disease prevention, the integration of big data and analytics in healthcare, a shift towards consumer-centric healthcare approaches, and initiatives aimed at healthcare cost containment. Major trends expected in this period encompass holistic care integration, a focus on health equity and inclusivity, community engagement and outreach initiatives, the promotion of preventive and wellness programs, and a heightened consideration of social determinants of health.
The anticipated growth of the population health management market is expected to be driven by the increasing demand for solutions that support value-based care delivery by various healthcare stakeholders. Value-based healthcare represents a framework in which healthcare providers are encouraged to prioritize the quality of services over quantity. This approach aims to reduce errors, enhance workflows and interoperability, lower costs, and improve patient satisfaction. According to the Healthcare Payment Learning and Action Networks, as reported in the APM measurement report, 40.6% of payments across public and private payers were strictly fee-for-service, while 18.1% had some connection to quality and value. The growing emphasis on solutions supporting value-based care delivery is a key driver for the population health management market.
Tthe increasing aging population is expected to contribute to the growth of the population health management market. An aging population signifies a demographic shift characterized by a rising proportion of elderly individuals within a society. Population health management plays a crucial role in addressing the healthcare needs of an aging population through proactive strategies, personalized care plans, and preventive measures aimed at enhancing overall health outcomes. For example, as of October 2022, the World Health Organization reported that globally, one in six individuals would be 60 or older by 2030, and the number of elderly people is projected to reach 2.1 billion by 2050. Therefore, the increasing aging population is a significant factor driving the growth of the population health management market.
Product innovation is a prominent trend gaining traction in the population health management market. Major companies within this sector are actively pursuing new product development initiatives to bolster their positions. An illustrative example is Verana Health, a US-based clinical database provider operating in the population health management market. In October 2021, Verana Health introduced VeraQ, a population health data engine designed to convert unfiltered, raw healthcare data into a unique and actionable real-world data asset known as Q data. This asset enables the extraction of business insights and facilitates clinical research.
Mmajor players in the population health management market are intensifying their efforts to introduce patient care management platforms, seeking a competitive advantage. Patient care management platforms are comprehensive software solutions designed to optimize healthcare delivery by providing tools for patient data management, care coordination, and treatment planning. For instance, in March 2023, Franciscan Healthcare, a US-based healthcare company, collaborated with i2i Population Health, a US-based software company, to launch i2iTracks. This quality improvement tool enhances various aspects, including quality and care management, patient satisfaction, and data analytics. i2i Population Health's platform seamlessly integrates with Electronic Health Records (EHR) systems and registries, allowing care teams to leverage actionable data for improved patient care.
In April 2021, Cerner Corporation, a US-based healthcare information technology solutions provider, acquired Kantar Health for $375 million. This acquisition aimed to combine Cerner's real-world data and technology with Kantar Health's rich life sciences expertise to accelerate innovation in life sciences research and enhance patient outcomes. Kantar Health, operating in the population health management market, is a US-based provider of data, analytics, and research to the life sciences industry.
Major companies operating in the population health management market report are McKesson Corporation, General Electric Company, Accenture PLC, IBM Corporation, Deloitte Touche Tohmatsu Limited, Optum Inc., Koninklijke Philips NV, Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC, Athenahealth Inc., Evolent Health Inc., Conifer Health Solutions, Cotiviti Inc., Lumeris Inc., MEDecision Inc., The Advisory Board Company, eClinicalWorks LLC., NextGen Healthcare Inc., Health Catalyst Inc., Verscend Technologies Inc., Orion Health Group Ltd., Citra Health Solutions Inc., RedBrick Health Corporation, Lightbeam Health Solutions, Enli Health Intelligence Inc., Persivia Inc., Welltok Inc., Forward Health Group Inc., Arcadia Inc., Health EC LLC, Jvion Inc., ZeOmega Inc.
North America was the largest region in the population health management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the population health management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the population health management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
In the population health management market, the main components are software and services. Healthcare management software facilitates data sharing across IT systems, enhancing operational efficiency and promoting care delivery. Population health management solutions can be delivered through on-premises or cloud-based modes, catering to end-users such as providers, payers, and other entities.
The population health management market research report is one of a series of new reports that provides population health management market statistics, including population health management industry global market size, regional shares, competitors with a population health management market share, detailed population health management market segments, market trends and opportunities, and any further data you may need to thrive in the population health management industry. This population health management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The population health management market includes revenues earned by entities care integration, care coordination, patient engagement, data analytics and health information technology. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The population health management market size is expected to see exponential growth in the next few years. It will grow to $127.87 billion in 2028 at a compound annual growth rate (CAGR) of 21.5%. The anticipated growth in the forecast period can be attributed to various factors, including the expansion of value-based care models, an increased focus on chronic disease prevention, the integration of big data and analytics in healthcare, a shift towards consumer-centric healthcare approaches, and initiatives aimed at healthcare cost containment. Major trends expected in this period encompass holistic care integration, a focus on health equity and inclusivity, community engagement and outreach initiatives, the promotion of preventive and wellness programs, and a heightened consideration of social determinants of health.
The anticipated growth of the population health management market is expected to be driven by the increasing demand for solutions that support value-based care delivery by various healthcare stakeholders. Value-based healthcare represents a framework in which healthcare providers are encouraged to prioritize the quality of services over quantity. This approach aims to reduce errors, enhance workflows and interoperability, lower costs, and improve patient satisfaction. According to the Healthcare Payment Learning and Action Networks, as reported in the APM measurement report, 40.6% of payments across public and private payers were strictly fee-for-service, while 18.1% had some connection to quality and value. The growing emphasis on solutions supporting value-based care delivery is a key driver for the population health management market.
Tthe increasing aging population is expected to contribute to the growth of the population health management market. An aging population signifies a demographic shift characterized by a rising proportion of elderly individuals within a society. Population health management plays a crucial role in addressing the healthcare needs of an aging population through proactive strategies, personalized care plans, and preventive measures aimed at enhancing overall health outcomes. For example, as of October 2022, the World Health Organization reported that globally, one in six individuals would be 60 or older by 2030, and the number of elderly people is projected to reach 2.1 billion by 2050. Therefore, the increasing aging population is a significant factor driving the growth of the population health management market.
Product innovation is a prominent trend gaining traction in the population health management market. Major companies within this sector are actively pursuing new product development initiatives to bolster their positions. An illustrative example is Verana Health, a US-based clinical database provider operating in the population health management market. In October 2021, Verana Health introduced VeraQ, a population health data engine designed to convert unfiltered, raw healthcare data into a unique and actionable real-world data asset known as Q data. This asset enables the extraction of business insights and facilitates clinical research.
Mmajor players in the population health management market are intensifying their efforts to introduce patient care management platforms, seeking a competitive advantage. Patient care management platforms are comprehensive software solutions designed to optimize healthcare delivery by providing tools for patient data management, care coordination, and treatment planning. For instance, in March 2023, Franciscan Healthcare, a US-based healthcare company, collaborated with i2i Population Health, a US-based software company, to launch i2iTracks. This quality improvement tool enhances various aspects, including quality and care management, patient satisfaction, and data analytics. i2i Population Health's platform seamlessly integrates with Electronic Health Records (EHR) systems and registries, allowing care teams to leverage actionable data for improved patient care.
In April 2021, Cerner Corporation, a US-based healthcare information technology solutions provider, acquired Kantar Health for $375 million. This acquisition aimed to combine Cerner's real-world data and technology with Kantar Health's rich life sciences expertise to accelerate innovation in life sciences research and enhance patient outcomes. Kantar Health, operating in the population health management market, is a US-based provider of data, analytics, and research to the life sciences industry.
Major companies operating in the population health management market report are McKesson Corporation, General Electric Company, Accenture PLC, IBM Corporation, Deloitte Touche Tohmatsu Limited, Optum Inc., Koninklijke Philips NV, Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC, Athenahealth Inc., Evolent Health Inc., Conifer Health Solutions, Cotiviti Inc., Lumeris Inc., MEDecision Inc., The Advisory Board Company, eClinicalWorks LLC., NextGen Healthcare Inc., Health Catalyst Inc., Verscend Technologies Inc., Orion Health Group Ltd., Citra Health Solutions Inc., RedBrick Health Corporation, Lightbeam Health Solutions, Enli Health Intelligence Inc., Persivia Inc., Welltok Inc., Forward Health Group Inc., Arcadia Inc., Health EC LLC, Jvion Inc., ZeOmega Inc.
North America was the largest region in the population health management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the population health management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the population health management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
In the population health management market, the main components are software and services. Healthcare management software facilitates data sharing across IT systems, enhancing operational efficiency and promoting care delivery. Population health management solutions can be delivered through on-premises or cloud-based modes, catering to end-users such as providers, payers, and other entities.
The population health management market research report is one of a series of new reports that provides population health management market statistics, including population health management industry global market size, regional shares, competitors with a population health management market share, detailed population health management market segments, market trends and opportunities, and any further data you may need to thrive in the population health management industry. This population health management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The population health management market includes revenues earned by entities care integration, care coordination, patient engagement, data analytics and health information technology. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Population Health Management Market Characteristics3. Population Health Management Market Trends and Strategies32. Global Population Health Management Market Competitive Benchmarking33. Global Population Health Management Market Competitive Dashboard34. Key Mergers and Acquisitions in the Population Health Management Market
4. Population Health Management Market - Macro Economic Scenario
5. Global Population Health Management Market Size and Growth
6. Population Health Management Market Segmentation
7. Population Health Management Market Regional and Country Analysis
8. Asia-Pacific Population Health Management Market
9. China Population Health Management Market
10. India Population Health Management Market
11. Japan Population Health Management Market
12. Australia Population Health Management Market
13. Indonesia Population Health Management Market
14. South Korea Population Health Management Market
15. Western Europe Population Health Management Market
16. UK Population Health Management Market
17. Germany Population Health Management Market
18. France Population Health Management Market
19. Italy Population Health Management Market
20. Spain Population Health Management Market
21. Eastern Europe Population Health Management Market
22. Russia Population Health Management Market
23. North America Population Health Management Market
24. USA Population Health Management Market
25. Canada Population Health Management Market
26. South America Population Health Management Market
27. Brazil Population Health Management Market
28. Middle East Population Health Management Market
29. Africa Population Health Management Market
30. Population Health Management Market Competitive Landscape and Company Profiles
31. Population Health Management Market Other Major and Innovative Companies
35. Population Health Management Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Population Health Management Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on population health management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for population health management? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Component: Software; Service
2) By Mode Of Delivery: On Premise; Cloud-based
3) By End-user: Providers; Payers; Other End-Users
Key Companies Mentioned: McKesson Corporation; General Electric Company; Accenture plc; IBM Corporation; Deloitte Touche Tohmatsu Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- McKesson Corporation
- General Electric Company
- Accenture plc
- IBM Corporation
- Deloitte Touche Tohmatsu Limited
- Optum Inc.
- Koninklijke Philips NV
- Cerner Corporation
- Epic Systems Corporation
- Allscripts Healthcare LLC
- Athenahealth Inc.
- Evolent Health Inc.
- Conifer Health Solutions
- Cotiviti Inc.
- Lumeris Inc.
- MEDecision Inc.
- The Advisory Board Company
- eClinicalWorks LLC.
- NextGen Healthcare Inc.
- Health Catalyst Inc.
- Verscend Technologies Inc.
- Orion Health Group Ltd.
- Citra Health Solutions Inc.
- RedBrick Health Corporation
- Lightbeam Health Solutions
- Enli Health Intelligence Inc.
- Persivia Inc.
- Welltok Inc.
- Forward Health Group Inc.
- Arcadia Inc.
- Health EC LLC
- Jvion Inc.
- ZeOmega Inc.
Methodology
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