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Global Population Health Management (PHM) Market Analysis by Component (Software, Services), by Mode of Delivery (Web-based, On Premise, Cloud -Based), by End Users (Healthcare Providers, Healthcare Payers, Government bodies) and by Region: Global Forecast, 2024 - 2034

  • PUBLISHED ON
  • 2024-09-13
  • NO OF PAGES
  • 231
  • CATEGORY
  • Healthcare & Life Sciences

Market Overview

The Population Health Management (PHM) market is predicted to develop at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2034, when it is projected to reach USD 189.01 Billion, based on an average growth pattern. The market is estimated to reach a value of USD 38.00 Billion in 2024.


SOURCE: We Market Research

Population Health Management (PHM) is a healthcare strategy that analyses and manages individual patient data with the goal of improving group health outcomes. It entails integrating data from several sources, risk stratification, care coordination, and a focus on chronic disease management and prevention. PHM focuses on patient interaction and leverages technology to improve care delivery. The goal is to promote general health, save costs, and assure high-quality treatment for the entire community by addressing individual and group health needs thoroughly and proactively.

The Population Health Management (PHM) market is driven by rising healthcare costs, the prevalence of chronic diseases, and an aging population. Regulatory mandates and the shift to value-based care models further encourage PHM adoption. Technological advancements, including healthcare IT, data analytics, telehealth, and wearable devices, enhance PHM capabilities. The growing emphasis on patient-centered care and the integration of big data and artificial intelligence for predictive analytics also propel the market. These factors collectively drive the growth of PHM by aiming to improve health outcomes, reduce costs, and optimize healthcare resource utilization. 

Market Scope

Report Attributes

Description

Market Size in 2024

USD 38.00 Billion

Market Forecast in 2034

USD 189.01Billion

CAGR % 2024-2034

17.4%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2034

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Component, by Mode of Delivery, by End Users and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

 

Population Health Management (PHM) Industry: Dynamics & Restrains

 

 Market opportunity: 


 We Market Research: Population Health Management (PHM) Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.


Population Health Management (PHM) Segmentation

Market- By Component Analysis

By Component, the Population Health Management (PHM) Market is Categories Software, Services. The Services segment accounts for the largest share of around 59% in 2024.


The services subsegment in the Population Health Management (PHM) market is driven by the need for expert guidance, ongoing support, and customized solutions in implementing and managing PHM systems, ensuring efficient operations, compliance, and improved health outcomes for diverse populations.

The following segments are part of an in-depth analysis of the global Population Health Management (PHM) market:

Market Segments

 

by Mode of Delivery

·         Web-based

·         On Premise

·         Cloud -Based

by End Users

·         Healthcare Providers

·         Healthcare Payers

·         Government bodies

 

Population Health Management (PHM) Industry: Regional Analysis

North America Market Forecast

North America dominate the Population Health Management (PHM) Market with the highest revenue generating market with share of more than 48%. The PHM market in North America is driven by healthcare reforms such as the Affordable Care Act (ACA), which emphasizes preventive care and incentivizes population health management (PHM) through accountable care organizations (ACOs). Advanced healthcare IT infrastructure supports the integration of PHM systems, crucial for managing high rates of chronic diseases like diabetes.


Europe Market Statistics

In Europe, an aging population drives the need for PHM solutions that can manage chronic diseases and enhance care coordination. Governments support PHM adoption through investments in digital health technologies, aiming to modernize healthcare delivery and promote value-based care models. Technological advancements such as widespread adoption of electronic health records (EHRs) facilitate the implementation of PHM strategies, enabling healthcare providers to optimize healthcare resources and improve population health outcomes across diverse demographics.

Asia Pacific Market Forecasts

Asia Pacific is expected to be the fastest-growing regional segment of the Population Health Management (PHM) market during the forecast period. The Asia-Pacific region experiences growth in the PHM market due to increasing healthcare expenditure, driven by economic growth and aging populations. Rising chronic disease burdens necessitate PHM solutions for preventive care and disease management. Expansion of the middle class enhances demand for higher quality healthcare services and supports PHM adoption.


Key Market Players

The Population Health Management Market is dominated by a few large companies, such as

·         Deloitte Touche Tohmatsu Limited

·         GE Healthcare (General Electric Company)

·         International Business Machines Corporation (IBM)

·         Cerner Corporation

·         Koninklijke Philips N.V.

·         Allscripts Healthcare, LLC

·         McKesson Corporation

·         UnitedHealth Group

·         Medecision

·         Others

1.      Global Population Health Management (PHM) Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Population Health Management (PHM) Market Scope and Market Estimation

1.2.1. Global Population Health Management (PHM) Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2024 - 2034)

1.2.2. Global Population Health Management (PHM) Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034

1.3.    Market Segmentation

1.3.1. Component of Global Population Health Management (PHM) Market

1.3.2. Mode of Delivery of Global Population Health Management (PHM) Market

1.3.3. End-user of Global Population Health Management (PHM) Market

1.3.4. Region of Global Population Health Management (PHM) Market

2.      Executive Summary

2.1.    Global Population Health Management (PHM) Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Population Health Management (PHM) Market Industry Development

2.2.    Market Dynamics

2.2.1. Drivers

2.2.2. Limitations

2.2.3. Opportunities

2.2.4. Impact Analysis of Drivers and Restraints

2.3.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.    Porter’s Five Forces Analysis

2.5.1. Bargaining Power of Suppliers

2.5.2. Bargaining Power of Buyers

2.5.3. Threat of Substitutes

2.5.4. Threat of New Entrants

2.5.5. Competitive Rivalry

2.6.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Population Health Management (PHM) Market Estimates & Historical Trend Analysis (2019 - 2024)

4.      Global Population Health Management (PHM) Market Estimates & Forecast Trend Analysis, by Component

4.1.    Global Population Health Management (PHM) Market Revenue (US$ Mn) Estimates and Forecasts, by Component, 2019 to 2034

4.1.1. Software

4.1.2. Services

5.      Global Population Health Management (PHM) Market Estimates & Forecast Trend Analysis, by Mode of Delivery

5.1.    Global Population Health Management (PHM) Market Revenue (US$ Mn) Estimates and Forecasts, by Mode of Delivery, 2019 to 2034

5.1.1. Web-based

5.1.2. On Premise

5.1.3. Cloud -Based

6.      Global Population Health Management (PHM) Market Estimates & Forecast Trend Analysis, by End-user

6.1.    Global Population Health Management (PHM) Market Revenue (US$ Mn) Estimates and Forecasts, by End-user, 2019 to 2034

6.1.1. Healthcare Providers

6.1.2. Healthcare Payers

6.1.3. Government bodies

7.      Global Population Health Management (PHM) Market Estimates & Forecast Trend Analysis, by Region

7.1.    Global Population Health Management (PHM) Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2034

7.1.1. North America

7.1.2. Europe

7.1.3. Asia Pacific

7.1.4. Middle East & Africa

7.1.5. South America

8.      North America Population Health Management (PHM) Market: Estimates & Forecast Trend Analysis

8.1.    North America Population Health Management (PHM) Market Assessments & Key Findings

8.1.1. North America Population Health Management (PHM) Market Introduction

8.1.2. North America Population Health Management (PHM) Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

8.1.2.1.   By Component

8.1.2.2.   By Mode of Delivery

8.1.2.3.   By End-user

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Europe Population Health Management (PHM) Market: Estimates & Forecast Trend Analysis

9.1.    Europe Population Health Management (PHM) Market Assessments & Key Findings

9.1.1. Europe Population Health Management (PHM) Market Introduction

9.1.2. Europe Population Health Management (PHM) Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

9.1.2.1.   By Component

9.1.2.2.   By Mode of Delivery

9.1.2.3.   By End-user

9.1.2.4.        By Country

9.1.2.4.1.     Germany

9.1.2.4.2.     U.K.

9.1.2.4.3.     France

9.1.2.4.4.     Italy

9.1.2.4.5.     Spain

9.1.2.4.6.     Russia

9.1.2.4.7.     Rest of Europe

10.  Asia Pacific Population Health Management (PHM) Market: Estimates & Forecast Trend Analysis

10.1.  Asia Pacific Market Assessments & Key Findings

10.1.1.   Asia Pacific Population Health Management (PHM) Market Introduction

10.1.2.   Asia Pacific Population Health Management (PHM) Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

10.1.2.1.    By Component

10.1.2.2.    By Mode of Delivery

10.1.2.3.    By End-user

10.1.2.4.    By Country

10.1.2.4.1. China

10.1.2.4.2. Japan

10.1.2.4.3. India

10.1.2.4.4. Australia

10.1.2.4.5. South Korea

10.1.2.4.6. ASEAN

10.1.2.4.7. Rest of Asia Pacific

11.  Middle East & Africa Population Health Management (PHM) Market: Estimates & Forecast Trend Analysis

11.1.  Middle East & Africa Market Assessments & Key Findings

11.1.1.   Middle East & Africa Population Health Management (PHM) Market Introduction

11.1.2.   Middle East & Africa Population Health Management (PHM) Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

11.1.2.1.    By Component

11.1.2.2.    By Mode of Delivery

11.1.2.3.    By End-user

11.1.2.4.    By Country

11.1.2.4.1. U.A.E.

11.1.2.4.2. Saudi Arabia

11.1.2.4.3. Egypt

11.1.2.4.4. South Africa

11.1.2.4.5. Rest of Middle East & Africa

12.  South America Population Health Management (PHM) Market: Estimates & Forecast Trend Analysis

12.1.  South America Market Assessments & Key Findings

12.1.1.   South America Population Health Management (PHM) Market Introduction

12.1.2.   South America Population Health Management (PHM) Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

12.1.2.1.    By Component

12.1.2.2.    By Mode of Delivery

12.1.2.3.    By End-user

12.1.2.4.    By Country

12.1.2.4.1. Brazil

12.1.2.4.2. Argentina

12.1.2.4.3. Colombia

12.1.2.4.4. Rest of South America

13.  Competition Landscape

13.1.  Global Population Health Management (PHM) Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2.  Global Population Health Management (PHM) Market Competition White Space Analysis, By End-user

13.3.  Global Population Health Management (PHM) Market Competition Heat Map Analysis, By End-user

13.4.  Global Population Health Management (PHM) Market Concentration & Company Market Shares (%) Analysis, 2022

14.  Company Profiles

14.1.                     Deloitte Touche Tohmatsu Limited

14.1.1.   Company Overview & Key Stats

14.1.2.   Financial Performance & KPIs

14.1.3.   Product Portfolio

14.1.4.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.      GE Healthcare (General Electric Company)

14.3.      International Business Machines Corporation (IBM)

14.4.      Cerner Corporation

14.5.      Koninklijke Philips N.V.

14.6.      Allscripts Healthcare, LLC

14.7.      McKesson Corporation

14.8.      UnitedHealth Group

14.9.      Medecision

14.10.  Others

15.  Research Methodology

15.1.  External Transportations / Databases

15.2.  Internal Proprietary Database

15.3.  Primary Research

15.4.  Secondary Research

15.5.  Assumptions

15.6.  Limitations

15.7.  Report FAQs

16.  Research Findings & Conclusion

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Population Health Management (PHM) Market in 2024?

Population Health Management (PHM) Market was valued at USD 38.00 Billion in 2024.

What is the growth rate for the Population Health Management (PHM) Market?

Population Health Management (PHM) Market size will increase at approximate CAGR of 17.4% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Population Health Management (PHM) Market Are Deloitte Touche Tohmatsu Limited, GE Healthcare (General Electric Company), International Business Machines Corporation (IBM), Cerner Corporation, Koninklijke Philips N.V., Allscripts Healthcare, LLC, McKesson Corporation, UnitedHealth Group, Medecision and Others.

Which region dominates the Population Health Management (PHM) Market?

North America dominates the market with an active share of 48%.

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