Population Health Management Solution Market is registering a CAGR of 18.02% in the forecast period of 2021-2027.
Population Health Management Solution Market is registering a CAGR of 18.02% in the forecast period of 2021-2027.
Published by Coherent Market Insights
Posted on September 20, 2021
Population Health Management Solution (PHMS) is a comprehensive approach to the management of health care systems in rural and developing communities that prioritizes the entire health of their local communities. The program focuses on promoting healthy lifestyles by enhancing nutrition, decreasing health-threatening behaviors, and promoting physical activity while protecting the environment. The ultimate objective of Population Health Management Solution is to achieve sustainable health for all. It is designed to reduce the social, economic, and environmental burden associated with poor health. In this article, we will be discussing the key components of a successful PHMS program. The primary objective of a community health promotion strategy is to improve overall health and reduce the risk of associated diseases. PHMS also involves the design and implementation of community-based strategies that address the medical and social needs of the population, focusing on prevention, early detection, and treatment of common diseases.
The main factors influencing the growth of the Population Health Management Solution market are the requirement for better clinical and financial results for patients and rapidly increasing technological developments in the Healthcare IT sectors. Increased requirements for better results for patients involve better economic and treatment results. Population Health Management Solution allows medical professionals to get access to the aggregated information that is related to their patients across various medical specialties. Moreover, the technological advancements and investments in the healthcare IT sector are expected to augment the market growth. For instance, according to PolicyAdvice, the US is one of the biggest contributors in the world healthcare domain. The annual spending of the region on healthcare is approximately US$ 10,224 per capita.
However, concerns regarding weaker healthcare infrastructure and cybersecurity issues in the emerging nations are the main restraining factor, hindering the growth of the Population Health Management Solution market.
This market is distributed in five regions that include North America, Asia-Pacific, Europe, Africa, and the Middle East, and Latin America. Among these, North America is estimated to hold a significant share of the Population Health Management Solution market owing to the advanced healthcare infrastructure and the abundance of key market players in the region. The PHMS market in the Asia Pacific is estimated to witness significant growth owing to the rapid expansion of healthcare units in emerging nations backed by favorable health policies. For instance, according to the Indian Ministry of Health and Family Welfare, in 2019, net government spending on healthcare was approximately US$ 36 billion.
In February 2020, Pillo Health launched Pillo Remotely, which is a population health manager. Likewise in December 2019, Koninklijke Philips N.V. and Humana announced full participation in improving care provided to the highly vulnerable Medicare Advantage members by introducing two new health programs.
Top Key Players Include In Population Health Management Solution Market: 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.
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Population Health Management Solution (PHMS) is a comprehensive approach to the management of health care systems in rural and developing communities that prioritizes the entire health of their local communities. The program focuses on promoting healthy lifestyles by enhancing nutrition, decreasing health-threatening behaviors, and promoting physical activity while protecting the environment. The ultimate objective of Population Health Management Solution is to achieve sustainable health for all. It is designed to reduce the social, economic, and environmental burden associated with poor health. In this article, we will be discussing the key components of a successful PHMS program. The primary objective of a community health promotion strategy is to improve overall health and reduce the risk of associated diseases. PHMS also involves the design and implementation of community-based strategies that address the medical and social needs of the population, focusing on prevention, early detection, and treatment of common diseases.
The main factors influencing the growth of the Population Health Management Solution market are the requirement for better clinical and financial results for patients and rapidly increasing technological developments in the Healthcare IT sectors. Increased requirements for better results for patients involve better economic and treatment results. Population Health Management Solution allows medical professionals to get access to the aggregated information that is related to their patients across various medical specialties. Moreover, the technological advancements and investments in the healthcare IT sector are expected to augment the market growth. For instance, according to PolicyAdvice, the US is one of the biggest contributors in the world healthcare domain. The annual spending of the region on healthcare is approximately US$ 10,224 per capita.
However, concerns regarding weaker healthcare infrastructure and cybersecurity issues in the emerging nations are the main restraining factor, hindering the growth of the Population Health Management Solution market.
This market is distributed in five regions that include North America, Asia-Pacific, Europe, Africa, and the Middle East, and Latin America. Among these, North America is estimated to hold a significant share of the Population Health Management Solution market owing to the advanced healthcare infrastructure and the abundance of key market players in the region. The PHMS market in the Asia Pacific is estimated to witness significant growth owing to the rapid expansion of healthcare units in emerging nations backed by favorable health policies. For instance, according to the Indian Ministry of Health and Family Welfare, in 2019, net government spending on healthcare was approximately US$ 36 billion.
In February 2020, Pillo Health launched Pillo Remotely, which is a population health manager. Likewise in December 2019, Koninklijke Philips N.V. and Humana announced full participation in improving care provided to the highly vulnerable Medicare Advantage members by introducing two new health programs.
Top Key Players Include In Population Health Management Solution Market: 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.
Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com