The population health management (PHM) market is set to reach US$ 146,771.6 Mn by 2034 from US$ 25,295.8 Mn in 2022 projecting impressive growth at a compounded annual growth rate (CAGR) of 20% during the forecast period from 2026 to 2034. PHM solutions are capable to perform tedious task associated with financial, clinical and operational data to refine workflow and patient care. Software companies worldwide are providing services pertaining to the management of chronic illness and reduction in healthcare cost.
"Paradigm shift from paid service to value-based healthcare delivery drives the healthcare services market growth"
Healthcare services are dominating the product segment for population health management market. The recent trend observed in healthcare highlights a paradigm shift from paid service to value based healthcare delivery which drives the healthcare service providers market growth. They are highly employed by hospitals to create an in-house system to assess their patient data rather than involving third parties. The software segment will grow at a steady pace owing to the increasing demand for integrated healthcare system. Ability to manage multiple business activity on a single platform and precise analysis of patient data in a well-managed network will propel the software market in the near future.
"Excellent disease management with refined clinical outcomes increases the demand for healthcare providers"
In the current scenario healthcare providers are reigning the end-user segment for population health management market. The ability of healthcare providers to perform excellent disease management with refined clinical outcomes has led to its popularity among general public. It has been successful in drastically reducing healthcare cost and focus on patient centric care. Payers are insurance providers which are actively engaged in providing reimbursement for the cost incurred during treatment. The ability to predict analytical competency while interpreting unstructured clinical outcomes and population behavior will propel the healthcare payers market growth at a faster pace.
"Enhanced government funding to provide financial support to healthcare segment and rising prevalence of chronic disease together drive the market growth in North America"
North America is the largest regional segment for population health management market. It occupies 36% share primarily due to rising prevalence of chronic disease. As per research findings of Center for Disease Control and Prevention (CDC), approximately 130 million U.S. citizens are suffering with some form of chronic ailment. The government is expected to spend 4.8 trillion dollars in the healthcare segment by 2022 which represents 20% of the gross domestic product (GDP). Europe holds second position with 32% market share owing to significant rise in the number of providers pertaining to population healthcare. Asia Pacific represents 21% share on account of improving healthcare infrastructure and rise in per capita income. It serves as a lucrative market opportunity for major players to cater healthcare benefits to ailing patient population.
Software companies providing services pertaining to population health management are Cerner Corporation, Healthagen LLC, Health Catalyst, IBM Corporation, Koninklijke Philips N.V., Lumeris, McKesson Corporation, Persivia, Inc., ZeOmega, UnitedHealth Group.
Historical & Forecast Period
This study report represents analysis of each segment from 2024 to 2034 considering 2025 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2026 to 2034.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Population Health Management market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2024-2034 |
| Base Year | 2025 |
| Forecast Period | 2026-2034 |
| Historical Year | 2024 |
| Unit | USD Million |
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Region Segment (2024-2034; US$ Million)
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Key questions answered in this report
