Global Population Health Management Market Size, Share

The Population Health Management Global Market Report 2023 by The Business Research Company, provides population health management market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Population Health Management Global Market Report 2023, the market size is expected to grow from $39.06 billion in 2022 to $47.23 billion in 2023 at a compound annual growth rate (CAGR) of 20.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global population health management market size is expected to grow to $99.75 billion in 2027 at a CAGR of 20.5%.

The rising demand for solutions supporting value-based care delivery by healthcare shareholders is expected to propel the growth of the population health management market going forward. Value-based healthcare is a healthcare delivery framework that encourages healthcare providers to focus on the quality of services rendered as opposed to quantity. Value-based care delivery helps in reducing errors by enhancing workflows and interoperability, and lowers costs while increasing patient satisfaction, allowing executives to monitor and manage care.

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The population health management market is segmented:

1) By Component: Software, Service

2) By Mode Of Delivery: On Premise, Cloud-Based

3) By End-User: Providers, Payers, Other End-Users

Product innovation is a key trend gaining popularity in the population health management market. Major companies operating in population health management are looking for new product development to strengthen their position in the population health management market. For instance, in October 2021, Verana Health, a US-based clinical database provider operating in the population health management market, launched VeraQ, a population health data engine. VeraQ converts unfiltered, raw healthcare data into a unique and actionable real-world data asset, Q data, from which business insights and clinical research can be derived.

The population health management market report table of contents includes: