Population Health Management Solution Market Analysis-2027

SEATTLE - Aug. 20, 2020 - PRLog -- Population Health Management Solution Market, by Component (Software and Services), by Medium (Web Based Medium, and Cloud Based Medium), by End User (Hospitals, Ambulatory Care Provider, Insurance Provider, and Others), and by Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Population health management solution aggregates all the data from different healthcare platform (Diagnostics, Pharmacy, and Billing Department in healthcare facility) related to the patient. Population healthcare management tracks individuals amongst vast group of patients by applying business intelligence tools to different set of data and create single document, which is easy to analyze and clinical decision can be taken over same by each member across the healthcare ecosystem.

Regional Insights

On the basis of Geography, population health management solution market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is projected to lead the population health management system due to various reasons. U.S. currently has one of highest per capita expenditure on healthcare amounting US$ 9146 according to statistics given by World Economic Forum in 2016. This cost could be saved with the greater application of population health management solutions resulting in quality comprehensive care with reduces hospital admissions.

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Reducing number of uninsured people would also benefit the market. According to U.S. Census Bureau data, in 2016, an estimated 8.8 percent or 28.1 million people were without health insurance coverage, which is lower than 2015, in which 9.1 percent or 29.0 million people were uninsured. Europe is projected to be second lucrative market due to high number of old age population. According to Europa Statistics in 2017, around 19% of current Europe population is more than 60 in age, which would rise to 25% in near future.

Competitive Landscape

Some of the key players operating in the population health management solution market include Allscripts, Inc., Cerner Corporation, Conifer Health Solutions, Healthagen, LLC, OptumHealth, Epic Corporation, Inc., Philips Wellcentive, eClinicalWorks, Health Catalyst, LLC, IBM Corporation, i2i Population Health, Verscend Technologies, Inc., Caradigm, and Care Evolution.

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