
NEW YORK, Aug. 4, 2023 /PRNewswire/ -- The population health management market size n the US is estimated to grow by USD 5,492.81 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 7.65%. The growth momentum will progress during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report
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Population Health Management Market in the US - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on type, Product (Software and Services), and Deployment (Cloud and On-premises).
- The market share growth by the software segment will be significant during the forecast period. A key benefit of PHM software is its ability to capture and store patient data from healthcare systems to predict patient health. This is done using advanced data and analytics capabilities such as data visualization and business intelligence. Factors include increasing demand for value-based care and increasing prevalence of chronic diseases.
Insights on the market contribution of various segments including country and region wise, historical (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report
Population Health Management Market in the US – Market Dynamics
Key Drivers
The increasing adoption of healthcare IT solutions is a key factor driving market growth. A major benefit of investing in IT hardware and software tools is that it reduces the workload of hospital physicians and support staff, improving patient care quality. In addition, the software facilitates decision-making, provides computerized reminders, and manages patient history in an automated manner, thus reducing human intervention and minimizing the time required to provide accurate patient services. You can keep it to a limit. Hence, these factors are expected to drive market growth during the forecast period.
Major Trends
The increasing adoption of analytics in PHM is a major trend in the market. The ability to extract insightful data from collected clinical and non-clinical activity information is a benefit of integrating analytics and business intelligence. This software streamlines data found deep within the healthcare field to uncover facts that can help healthcare organizations improve their business operations. McKesson, CareCloud, Greenway Medical Technologies, and others are companies that offer analytics in PHM. Hence, the increasing adoption of analytics is expected to drive market growth during the forecast period.
Significant Challenges
Data security and privacy concerns associated with cloud-based PHM solutions are the key challenges hindering the market. Privacy concerns are growing as clinics deploy cloud-based PHM solutions and patient and insurance-related information becomes publicly available. In addition, there is a significant risk of information leakage and data hacking, which can lead to misuse and manipulation of data, resulting in many legal and security issues. Hence, these factors are expected to restrict market growth during the forecast period.
Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!
What are the key data covered in this Population Health Management Market In US report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the population health management market in the US between 2023 and 2027
- Precise estimation of the size of the population health management market in the US and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the population health management market in the US
- A thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of the population health management market in US companies
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Population Health Management Market In US Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.65% |
Market growth 2023-2027 |
USD 5,492.81 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.45 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
athenahealth Inc., CareCloud Inc., Cedar Gate Technologies, CureMD.com Inc., DrChrono Inc., eClinicalWorks LLC, Epic Systems Corp., Global Payments Inc., Greenway Health LLC, Koninklijke Philips NV, McKesson Corp., Medecision Inc., Medical Information Technology Inc., NextGen Healthcare Inc., Oracle Corp., PointClickCare Technologies Inc., Tebra Technologies Inc., Tenet Healthcare Corp., UnitedHealth Group Inc., and Veradigm LLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 06: Executive Summary – Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of companies included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
- Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Population health management market in US 2017 - 2021
- Exhibit 15: Historic Market Size – Data Table on population health management market in US 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 16: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Deployment Segment Analysis 2017 - 2021
- Exhibit 17: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 25: Chart on Product - Market share 2022-2027 (%)
- Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 27: Chart on Comparison by Product
- Exhibit 28: Data Table on Comparison by Product
- 6.3 Software - Market size and forecast 2022-2027
- Exhibit 29: Chart on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 30: Data Table on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 31: Chart on Software - Year-over-year growth 2022-2027 (%)
- Exhibit 32: Data Table on Software - Year-over-year growth 2022-2027 (%)
- 6.4 Services - Market size and forecast 2022-2027
- Exhibit 33: Chart on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 34: Data Table on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Chart on Services - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Services - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product
- Exhibit 37: Market opportunity by Product ($ million)
- Exhibit 38: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Deployment
- 7.1 Market segments
- Exhibit 39: Chart on Deployment - Market share 2022-2027 (%)
- Exhibit 40: Data Table on Deployment - Market share 2022-2027 (%)
- 7.2 Comparison by Deployment
- Exhibit 41: Chart on Comparison by Deployment
- Exhibit 42: Data Table on Comparison by Deployment
- 7.3 Cloud - Market size and forecast 2022-2027
- Exhibit 43: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
- Exhibit 45: Chart on Cloud - Year-over-year growth 2022-2027 (%)
- Exhibit 46: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
- 7.4 On-premises - Market size and forecast 2022-2027
- Exhibit 47: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on On-premises - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Deployment
- Exhibit 51: Market opportunity by Deployment ($ million)
- Exhibit 52: Data Table on Market opportunity by Deployment ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 54: Impact of drivers and challenges in 2022 and 2027
- 9.4 Market trends
10 Company Landscape
- 10.1 Overview
- 10.2 Company landscape
- Exhibit 55: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 56: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 57: Impact of key risks on business
11 Company Analysis
- 11.1 Companies covered
- Exhibit 58: Companies covered
- 11.2 Market positioning of companies
- Exhibit 59: Matrix on company position and classification
- 11.3 athenahealth Inc.
- Exhibit 60: athenahealth Inc. - Overview
- Exhibit 61: athenahealth Inc. - Product / Service
- Exhibit 62: athenahealth Inc. - Key offerings
- 11.4 Cedar Gate Technologies
- Exhibit 63: Cedar Gate Technologies - Overview
- Exhibit 64: Cedar Gate Technologies - Product / Service
- Exhibit 65: Cedar Gate Technologies - Key offerings
- 11.5 DrChrono Inc.
- Exhibit 66: DrChrono Inc. - Overview
- Exhibit 67: DrChrono Inc. - Product / Service
- Exhibit 68: DrChrono Inc. - Key offerings
- 11.6 eClinicalWorks LLC
- Exhibit 69: eClinicalWorks LLC - Overview
- Exhibit 70: eClinicalWorks LLC - Product / Service
- Exhibit 71: eClinicalWorks LLC - Key offerings
- 11.7 Epic Systems Corp.
- Exhibit 72: Epic Systems Corp. - Overview
- Exhibit 73: Epic Systems Corp. - Product / Service
- Exhibit 74: Epic Systems Corp. - Key offerings
- 11.8 Koninklijke Philips NV
- Exhibit 75: Koninklijke Philips NV - Overview
- Exhibit 76: Koninklijke Philips NV - Business segments
- Exhibit 77: Koninklijke Philips NV - Key news
- Exhibit 78: Koninklijke Philips NV - Key offerings
- Exhibit 79: Koninklijke Philips NV - Segment focus
- 11.9 McKesson Corp.
- Exhibit 80: McKesson Corp. - Overview
- Exhibit 81: McKesson Corp. - Business segments
- Exhibit 82: McKesson Corp. - Key offerings
- Exhibit 83: McKesson Corp. - Segment focus
- 11.10 Medecision Inc.
- Exhibit 84: Medecision Inc. - Overview
- Exhibit 85: Medecision Inc. - Product / Service
- Exhibit 86: Medecision Inc. - Key offerings
- 11.11 Medical Information Technology Inc.
- Exhibit 87: Medical Information Technology Inc. - Overview
- Exhibit 88: Medical Information Technology Inc. - Product / Service
- Exhibit 89: Medical Information Technology Inc. - Key offerings
- 11.12 NextGen Healthcare Inc.
- Exhibit 90: NextGen Healthcare Inc. - Overview
- Exhibit 91: NextGen Healthcare Inc. - Product / Service
- Exhibit 92: NextGen Healthcare Inc. - Key offerings
- 11.13 Oracle Corp.
- Exhibit 93: Oracle Corp. - Overview
- Exhibit 94: Oracle Corp. - Business segments
- Exhibit 95: Oracle Corp. - Key news
- Exhibit 96: Oracle Corp. - Key offerings
- Exhibit 97: Oracle Corp. - Segment focus
- 11.14 Tebra Technologies Inc.
- Exhibit 98: Tebra Technologies Inc. - Overview
- Exhibit 99: Tebra Technologies Inc. - Product / Service
- Exhibit 100: Tebra Technologies Inc. - Key offerings
- 11.15 Tenet Healthcare Corp.
- Exhibit 101: Tenet Healthcare Corp. - Overview
- Exhibit 102: Tenet Healthcare Corp. - Business segments
- Exhibit 103: Tenet Healthcare Corp. - Key offerings
- Exhibit 104: Tenet Healthcare Corp. - Segment focus
- 11.16 UnitedHealth Group Inc.
- Exhibit 105: UnitedHealth Group Inc. - Overview
- Exhibit 106: UnitedHealth Group Inc. - Business segments
- Exhibit 107: UnitedHealth Group Inc. - Key news
- Exhibit 108: UnitedHealth Group Inc. - Key offerings
- Exhibit 109: UnitedHealth Group Inc. - Segment focus
- 11.17 Veradigm LLC
- Exhibit 110: Veradigm LLC - Overview
- Exhibit 111: Veradigm LLC - Business segments
- Exhibit 112: Veradigm LLC - Key offerings
- Exhibit 113: Veradigm LLC - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 114: Inclusions checklist
- Exhibit 115: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 116: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 117: Research methodology
- Exhibit 118: Validation techniques employed for market sizing
- Exhibit 119: Information sources
- 12.5 List of abbreviations
- Exhibit 120: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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