Population Health Management: Software and Services Data Management and Analytics, Targeted Care Management and Coordination, and Patient Engagement: Global Market Analysis and Forecasts
LONDON, Aug. 24, 2017 /PRNewswire/ -- The convergence of the movement toward value-based payments, large-scale infrastructure investments in health information technology together with technology advancements in Big Data, and growing consumerism in healthcare are among the key drivers transforming healthcare delivery worldwide. As healthcare organizations find themselves increasingly at risk for health and financial outcomes, they will rely on population health management software and services to support data collection and analysis to identify and stratify populations, support care teams with the coordination and management of care and outcomes, and engage members to be active in managing their care as they move toward a population health approach to care.
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As the U.S. healthcare system transitions from one based on fee-for-service and volume of patients served, to one based on value, improvements in patient health, and associated decreases in healthcare costs, more organizations will invest in population health management software and services. Tractica forecasts that revenue will increase from $13.5 billion in 2016 to $28.2 billion by 2021, at a compound annual growth rate of 15.8%. Currently, North America leads the market for population health management software and services, driven largely by the United States. Europe is and will remain the second largest market, although the Asia Pacific region will experience the fastest revenue growth of any region.
This Tractica report examines the global market opportunity for population health management software and services, and provides an assessment of market drivers and barriers, applications and use cases, technology issues, and key industry players. It presents revenue forecasts on a global and regional basis during the period from 2016 through 2021. The report focuses on the main applications for population health management software, including data management and analytics, care management and coordination, and patient engagement, as well as services such as outsourced care management, consulting, business services, and implementation.
Key Market Forecasts
- Population Health Management
Software and Services Revenue by
Region, World Markets: 2016-2021
- Population Health Management
Software Revenue by Region, World
Markets: 2016-2021
- Population Health Management
Services Revenue by Region, World
Markets: 2016-2021
- Population Health Management
Software Revenue by Segment, World
Markets: 2016-2021
- Population Health Management
Services Revenue by Segment, World
Markets: 2016-2021
- Population Health Management
Revenue by Organization Type, World
Markets: 2016-2021
End Use Markets
- Healthcare insurance
companies and payer
systems (including
employers)
- Healthcare service
providers and hospital
systems
- Healthcare networks (e.g.,
accountable care
organizations, clinically
integrated networks)
- Technology vendors with
population health
management or electronic
health record offerings
- Digital health-related
applications and remote
care monitoring services
- Pharmaceutical and life
sciences
Software Segments
- Data Management
- Analytics
- Care Management and Coordination
- Patient Engagement
Services Segments
- Implementation and Deployment
- Business Support
- Consulting
- Outsourced Care Management
Geographies
- North America
- Europe
- Asia Pacific
- Latin America
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