Population Health Management Market to Reach $98.41 Billion by 2031
The global population health management (PHM) market is projected to grow from USD 46.93 billion in 2026 to USD 98.41 billion by 2031, at a CAGR of 16.0% during the forecast period. Market growth is being fueled by the increasing need to improve clinical outcomes while reducing healthcare costs through proactive, data-driven care management strategies.
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Population Health Management Market By End User & Component
The growth of the overall industry can be attributed to the implementation of the Affordable Care Act (ACA) in the U.S., government support for the prevention of diseases and adoption of HCIT, growing geriatric population and the subsequent increase in the prevalence of chronic diseases, need for affordable treatment options due to the rising healthcare costs, and advancing IT and big data capabilities....
Population Health Management Market to See Good Time Ahead
The implementation of the Affordable Care Act (ACA) in the U.S., government support for the prevention of diseases and adoption of HCIT, rising geriatric population and the subsequent increase in the prevalence of chronic diseases, need for affordable treatment options due to the rising healthcare costs, and advancing IT and big data capabilities are expected to drive the growth of the population health...
Rise in Adoption Of Population Health Management Solution by Employer Groups
The population health management market is set to pace up as the healthcare industry witnesses a shift to a value based reimbursement system due to the introduction of healthcare and legislative reforms such as the Affordable Care Act (2010) in the U.S. and rising healthcare expenditure across the globe. For instance, the U.S. healthcare expenditure was $2.7 trillion in 2011, accounting for 17.6% of...