Population Health Management Market

Industry Overview

Population Health Management is the consolidation of patients’ health information through various technological platforms to analyze and facilitate healthcare delivery. The global population health management market generated USD 20.12 billion in 2022 and is anticipated to reach USD 50.85 billion by 2030, registering a CAGR of 13.8% during 2023-2030. The population health management market provides healthcare facilities with software and service offerings. The software category accounts for the larger share of more than 81% in 2022. This is primarily due to the increasing customization of software as per the requirement adding an advantage to the category over other solutions. Patient engagement tools aim to actively involve individuals in managing their health. These tools provide patients with access to their health information, promote self-care, and facilitate communication between patients and healthcare providers.

Market Segmentation

Insight by Offering

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 for customization of software, and the rising need of healthcare integration systems. The software category is also leading the market due to the regular software upgrades and maintenance that render 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.

Insight by Mode of Delivery

The various mode of delivery for providing population health management solutions is cloud-based, web-based, and on-premise. Among the different modes of delivery, the largest market share is of web based population health management due to the adoption of web based delivery systems by healthcare providers, and also the usage of web based delivery modes reduced the requirement of hardware and software systems thereby limiting the cost of installation.

However, the advancement and growing trend of cloud computing is expected to boost the growth of cloud-based delivery mode leading to its highest demand during the forecast period. The cloud-based mode of delivery also offers complete flexibility and freedom to healthcare providers, and it enhances the integration of healthcare data across organizations without the requirement to purchase software licenses.

Insight by End User

Healthcare providers are the major shareholder based on end-user for the population health management market and is also estimated to lead based on size during the forecast period. The category’s large size is due to the advantages of population health management that diminishes the healthcare management gap primarily faced by high-risk patient populations. other end users of population health management include healthcare payers, government bodies, and employer groups.

Global Population Health Management Market Report Coverage

Report Metric	Details
Historical Period	2018–2022
Base Year Considered	2022
Forecast Period	2023 - 2030
Market Size in 2022	$20.12 Billion
Revenue Forecast in 2030	$50.85 Billion
Growth Rate	CAGR 13.8%
Segments Covered in the Report	By Offering, By Mode of Delivery and by End User
Report Scope	Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
Regions Covered in the Report	North America, Europe, Asia-Pacific, Middle East, and Rest of the World

Industry Dynamics

Growth Drivers

The rise in the necessity to opt for cost-effective treatment options, increasing adoption of Healthcare information technology (HCIT), and disease management programs by public and private insurance providers are factors that will drive the growth of the global population health management market. HCIT claims to hold the potential to reduce healthcare expenses and provide efficacy to an overall healthcare system that will drive the growth of population health management during the forecast period. Also, the growing geriatric population in addition to chronic diseases requires proper health management thereby driving the growth of the market. According to the World Population Prospects – Revision 2017, by the UNDESA, the global population aged 60 years or over in 2017 was 1 billion, while in 2100 is projected to reach 3.1 billion.

Rising prevalence of chronic diseases: Chronic diseases such as diabetes, cardiovascular diseases, and respiratory disorders are on the rise globally. Population health management strategies help in identifying high-risk individuals, monitoring their health, and providing targeted interventions to prevent or manage these chronic conditions effectively.

Advancements in technology: Rapid advancements in healthcare technology, such as electronic health records (EHRs), health information exchange (HIE), remote patient monitoring, and data analytics, have enabled healthcare providers to gather and analyze large volumes of patient data. Population health management leverages these technologies to identify trends, risk factors, and interventions that can improve population health.

Challenges: The population health management market also faces challenges, including data privacy concerns, interoperability issues, and the need for effective collaboration between healthcare organizations, payers, and technology vendors.

Geographic Overview

North America held the largest share of 48.9% in the global population health management market in 2022, majorly due to factors such as increase in awareness towards the benefits of population health management, the rise in demand to reduce healthcare costs, 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 witness the highest demand registering the fastest CAGR of 27.4% in Asia-Pacific, during the forecast period.

Competitive Insight

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 include a provider performance manager, engagement manager, bundled payments forecasting and management, and custom analytics as a set of 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 in 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.

The Population Health Management Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2023–2030.

• By Offering
  • Software
  • Services
• By Mode of Delivery
  • Cloud-based
  • Web-based
  • On-Premise
• By End User
  • Healthcare Payers
  • Health Providers
  • Government Bodies
  • Employer Group

Population Health Management Market by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • U.A.E
  • South Africa
  • Others

 

1. Research Overview

1.1. The Report Offers

1.2. Market Coverage

1.2.1. By Offering

1.2.2. By Mode of Delivery

1.2.3. By End User

1.2.4. By Region

1.3. Research Phases

1.4. Limitations

1.5. Market Size Estimations and Forecast

1.5.1. Data Sources

1.5.1.1. Primary Research

1.5.1.2. Secondary Research

1.5.2. Methodology

1.5.2.1. Data Exploration

1.5.2.2. Forecast Parameters

1.5.2.3. Data Validation

1.5.2.4. Assumptions

1.5.3. Study Period & Data Reporting Unit

2. Executive Summary

3. Market Definition

3.1. By Offering

3.1.1. Software

3.1.2. Services

3.1.2.1. Consulting

3.1.2.2. Training and Education

3.1.2.3. Implementation

3.1.2.4. Post-Sale and Maintenance

3.2. By Mode of Delivery

3.2.1. Cloud-Based

3.2.2. Web-Based

3.2.3. On-Premise

3.3. By End User

3.3.1. Healthcare Payers

3.3.2. Health Providers

3.3.3. Government Bodies

3.3.4. Employer Group

4. Industry Overview

4.1. Industry Dynamics

4.1.1. Major Drivers

4.1.2. Major Restraints

4.1.3. Key Trends

4.1.4. Key Opportunities

4.2. Industry Ecosystem

4.2.1. Adoption Assessment

4.2.2. Regulatory Framework

4.3. Competitive Insight

4.3.1. Competitive Benchmarking of Key Players

4.3.2. Product Analysis of Key Players

5. Global Market Estimate and Forecast

5.1. By Offering

5.2. By Mode of Delivery

5.3. By End User

5.4. By Region

6. North America Market Estimate and Forecast

6.1. By Offering

6.2. By Mode of Delivery

6.3. By End User

6.4. By Country

6.4.1. U.S. Market Estimate and Forecast

6.4.2. Canada Market Estimate and Forecast

6.4.3. Mexico Market Estimate and Forecast

7. Europe Market Estimate and Forecast

7.1. By Offering

7.2. By Mode of Delivery

7.3. By End User

7.4. By Country

7.4.1. Germany Market Estimate and Forecast

7.4.2. U.K. Market Estimate and Forecast

7.4.3. France Market Estimate and Forecast

7.4.4. Italy Market Estimate and Forecast

7.4.5. Spain Market Estimate and Forecast

7.4.6. Rest of Europe Market Estimate and Forecast

8. Asia-Pacific Market Estimate and Forecast

8.1. By Offering

8.2. By Mode of Delivery

8.3. By End User

8.4. By Country

8.4.1. Japan Market Estimate and Forecast

8.4.2. China Market Estimate and Forecast

8.4.3. India Market Estimate and Forecast

8.4.4. Australia Market Estimate and Forecast

8.4.5. Rest of Asia-Pacific Market Estimate and Forecast

9. Rest of the World (RoW) Market Estimate and Forecast

9.1. By Offering

9.2. By Mode of Delivery

9.3. By End User

9.4. By Country

9.4.1. Brazil Market Estimate and Forecast

9.4.2. Saudi Arabia Market Estimate and Forecast

9.4.3. U.A.E Market Estimate and Forecast

9.4.4. South Africa Market Estimate and Forecast

9.4.5. Other Countries Market Estimate and Forecast

9.4.5.1. By Offering

9.4.5.2. By Mode of Delivery

9.4.5.3. By End User

10. Company Profiles

10.1. IBM Corporation

10.1.1. Snapshot

10.1.2. Overview

10.1.3. Offerings

10.1.4. Financial Insight

10.1.5. Recent Developments

10.2. McKesson Corporation

10.2.1. Snapshot

10.2.2. Overview

10.2.3. Offerings

10.2.4. Financial Insight

10.2.5. Recent Developments

10.3. Cerner Corporation

10.3.1. Snapshot

10.3.2. Overview

10.3.3. Offerings

10.3.4. Financial Insight

10.3.5. Recent Developments

10.4. Health Catalyst, LLC

10.4.1. Snapshot

10.4.2. Overview

10.4.3. Offerings

10.4.4. Financial Insight

10.4.5. Recent Developments

10.5. Wellcentive, Inc. (Koninklijke Philips N.V.)

10.5.1. Snapshot

10.5.2. Overview

10.5.3. Offerings

10.5.4. Financial Insight

10.5.5. Recent Developments

10.6. Conifer Health Solutions, LLC

10.6.1. Snapshot

10.6.2. Overview

10.6.3. Offerings

10.6.4. Financial Insight

10.6.5. Recent Developments

10.7. Allscripts Healthcare Solutions, Inc.

10.7.1. Snapshot

10.7.2. Overview

10.7.3. Offerings

10.7.4. Financial Insight

10.7.5. Recent Developments

10.8. Verscend Technologies, Inc.

10.8.1. Snapshot

10.8.2. Overview

10.8.3. Offerings

10.8.4. Financial Insight

10.8.5. Recent Developments

10.9. UnitedHealth Group

10.9.1. Snapshot

10.9.2. Overview

10.9.3. Offerings

10.9.4. Financial Insight

10.9.5. Recent Developments

10.10. i2i Population Health

10.10.1.  Snapshot

10.10.2.  Overview

10.10.3.  Offerings

10.10.4.  Financial Insight

10.10.5.  Recent Developments

Financial insight is subject to the availability of information in the secondary domain.

11. Appendix

11.1. Exchange Rates

11.2. Abbreviations

11.3. Healthcare Indicators

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global PHM Market Size, by Offering, 2018 - 2022 (USD Billion)
Table 5 Global PHM Market Size, by Offering, 2023 - 2030 (USD Billion)
Table 6 Global PHM Market Size, by Mode of Delivery, 2018 - 2022 (USD Billion)
Table 7 Global PHM Market Size, by Mode of Delivery, 2023 - 2030 (USD Billion)
Table 8 Global PHM Market Size, by End-User, 2018 - 2022 (USD Billion)
Table 9 Global PHM Market Size, by End-User, 2023 - 2030 (USD Billion)
Table 10 Global PHM Market Size, by Region, 2018 - 2022 (USD Billion)
Table 11 Global PHM Market Size, by Region, 2023 - 2030 (USD Billion)
Table 12 North America PHM Market Size, by Offering, 2018 - 2022 (USD Billion)
Table 13 North America PHM Market Size, by Offering, 2023 - 2030 (USD Billion)
Table 14 North America PHM Market Size, by Mode of Delivery, 2018 - 2022 (USD Billion)
Table 15 North America PHM Market Size, by Mode of Delivery, 2023 - 2030 (USD Billion)
Table 16 North America PHM Market Size, by End-User, 2018 - 2022 (USD Billion)
Table 17 North America PHM Market Size, by End-User, 2023 - 2030 (USD Billion)
Table 18 North America PHM Market Size, by Country, 2018 - 2022 (USD Billion)
Table 19 North America PHM Market Size, by Country, 2023 - 2030 (USD Billion)
Table 20 Europe PHM Market Size, by Offering, 2018 - 2022 (USD Billion)
Table 21 Europe PHM Market Size, by Offering, 2023 - 2030 (USD Billion)
Table 22 Europe PHM Market Size, by Mode of Delivery, 2018 - 2022 (USD Billion)
Table 23 Europe PHM Market Size, by Mode of Delivery, 2023 - 2030 (USD Billion)
Table 24 Europe PHM Market Size, by End-User, 2018 - 2022 (USD Billion)
Table 25 Europe PHM Market Size, by End-User, 2023 - 2030 (USD Billion)
Table 26 Europe PHM Market Size, by Country, 2018 - 2022 (USD Billion)
Table 27 Europe PHM Market Size, by Country, 2023 - 2030 (USD Billion)
Table 28 Asia-Pacific PHM Market Size, by Offering, 2018 - 2022 (USD Billion)
Table 29 Asia-Pacific PHM Market Size, by Offering, 2023 - 2030 (USD Billion)
Table 30 Asia-Pacific PHM Market Size, by Mode of Delivery, 2018 - 2022 (USD Billion)
Table 31 Asia-Pacific PHM Market Size, by Mode of Delivery, 2023 - 2030 (USD Billion)
Table 32 Asia-Pacific PHM Market Size, by End-User, 2018 - 2022 (USD Billion)
Table 33 Asia-Pacific PHM Market Size, by End-User, 2023 - 2030 (USD Billion)
Table 34 Asia-Pacific PHM Market Size, by Country, 2018 - 2022 (USD Billion)
Table 35 Asia-Pacific PHM Market Size, by Country, 2023 - 2030 (USD Billion)
Table 36 RoW PHM Market Size, by Offering, 2018 - 2022 (USD Billion)
Table 37 RoW PHM Market Size, by Offering, 2023 - 2030 (USD Billion)
Table 38 RoW PHM Market Size, by Mode of Delivery, 2018 - 2022 (USD Billion)
Table 39 RoW PHM Market Size, by Mode of Delivery, 2023 - 2030 (USD Billion)
Table 40 RoW PHM Market Size, by End-User, 2018 - 2022 (USD Billion)
Table 41 RoW PHM Market Size, by End-User, 2023 - 2030 (USD Billion)
Table 42 RoW PHM Market Size, by Country, 2018 - 2022 (USD Billion)
Table 43 RoW PHM Market Size, by Country, 2023 - 2030 (USD Billion)
Table 44 Snapshot – IBM Corporation
Table 45 Snapshot – McKesson Corporation
Table 46 Snapshot – Cerner Corporation
Table 47 Snapshot – Health Catalyst, LLC
Table 48 Snapshot – Wellcentive, Inc.
Table 49 Snapshot – Conifer Health Solutions, LLC
Table 50 Snapshot – Allscripts Healthcare Solutions, Inc.
Table 51 Snapshot – Verscend Technologies, Inc.
Table 52 Snapshot – UnitedHealth Group
Table 53 Snapshot – i2i Population Health

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Executive Summary
Figure 9 Global PHM Market - Growth Drivers and Restraints
Figure 10 Porter’s Five Forces Analysis
Figure 11 Product Benchmark
Figure 12 Global PHM Market Highlight
Figure 13 Global PHM Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 14 Global PHM Market Size, by Mode of Delivery, 2018 - 2030 (USD Billion)
Figure 15 Global PHM Market Size, by End-User, 2018 - 2030 (USD Billion)
Figure 16 Global PHM Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 17 North America PHM Market Highlight
Figure 18 North America PHM Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 19 North America PHM Market Size, by Mode of Delivery, 2018 - 2030 (USD Billion)
Figure 20 North America PHM Market Size, by End-User, 2018 - 2030 (USD Billion)
Figure 21 North America PHM Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 22 Europe PHM Market Highlight
Figure 23 Europe PHM Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 24 Europe PHM Market Size, by Mode of Delivery, 2018 - 2030 (USD Billion)
Figure 25 Europe PHM Market Size, by End-User, 2018 - 2030 (USD Billion)
Figure 26 Europe PHM Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 27 Asia-Pacific PHM Market Highlight
Figure 28 Asia-Pacific PHM Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific PHM Market Size, by Mode of Delivery, 2018 - 2030 (USD Billion)
Figure 30 Asia-Pacific PHM Market Size, by End-User, 2018 - 2030 (USD Billion)
Figure 31 Asia-Pacific PHM Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 27 RoW PHM Market Highlight
Figure 28 RoW PHM Market Size, by Offering, 2018 - 2030 (USD Billion)
Figure 29 RoW PHM Market Size, by Mode of Delivery, 2018 - 2030 (USD Billion)
Figure 30 RoW PHM Market Size, by End-User, 2018 - 2030 (USD Billion)
Figure 31 RoW PHM Market Size, by Country, 2018 - 2030 (USD Billion)