Transforming Healthcare: A Comprehensive Analysis of the Population Health Management Solutions Market through 2030

Meticulous Research®, a leading market research firm, has published a new report titled "Population Health Management (PHM) Solutions Market by Component (Software, Services), Mode of Delivery (On-premise, Cloud and Web-based), End User (Healthcare Providers, Payers [Private, Public], Employer Groups) - Global Forecast to 2030."

According to the report, the global Population Health Management (PHM) solutions market is expected to reach $75.97 billion by 2030, growing at a CAGR of 10.9% from 2023 to 2030.

PHM solutions are instrumental in enabling healthcare providers and systems to stratify populations, identify care gaps, predict outcomes, and implement early interventions to improve overall health outcomes. The market's growth is driven by the rising prevalence of chronic diseases, an aging population, increasing adoption of healthcare IT solutions, government initiatives focusing on preventive healthcare, the growing emphasis on building disease registries, and escalating global healthcare costs. Additionally, emerging markets and the shift towards value-based care present significant growth opportunities. However, concerns over patient data privacy, confidentiality, and the lack of interoperability present challenges to market expansion.

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Market Segmentation Overview
The global PHM solutions market is segmented by component, mode of delivery, end user, and geography.

Component Segment:

Software
Services

The software segment is expected to dominate the market, driven by the ability of PHM software to enable personalized treatment plans, support better decision-making, and improve clinical outcomes while reducing costs. High patient engagement in clinical care management also contributes to the segment's large market share.

Mode of Delivery Segment:

On-premise
Cloud-based and Web-based

The cloud-based and web-based segment is projected to grow at the highest CAGR over the forecast period, attributed to the increasing demand for these solutions due to their cost-effectiveness, enhanced interoperability, and greater reliability and accessibility.

End User Segment:

Healthcare Providers (including hospitals, clinics, nursing homes, and medical practitioners)
Healthcare Payers (Private and Public)
Other End Users

The healthcare providers are expected to hold the largest market share, as PHM solutions enable providers to create tailored care plans, understand patient population health trends, and identify patients at risk of developing diseases. The high adoption of digital solutions among providers, supported by available funding, also bolsters this segment's market position.

Geographic Segment:

North America
Europe
Asia-Pacific
Latin America
Middle East & Africa

North America is anticipated to lead the market in 2023, owing to the presence of key market players, the widespread availability of PHM solutions, supportive e-health initiatives, and the strong adoption of value-based care approaches in the region.

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Key Players
The report profiles major players in the PHM solutions market, including Allscripts Healthcare, LLC (U.S.), Oracle Corporation (U.S.), Deloitte Tohmatsu LLC (U.K.), Epic Systems Corporation (U.S.), Conifer Health Solutions, LLC (U.S.), GE Healthcare (U.S.), The International Business Machines Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), i2i Population Health (U.S.), McKesson Corporation (U.S.), Medecision (U.S.), Health Catalyst (U.S.), and UnitedHealth Group (U.S.).

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