Industry Background:
The need for population health services that combine multiple functionalities is increasing, due to the complex nature of care delivery and payment models. PHM solutions can process clinical, financial, and operational data for the improvement of efficiency and patient care. The improving clinical outcomes, lowering the cost of treatments, and increasing government support are the major factors driving the market. Additionally, the increasing population suffering from chronic diseases, which requires a long period of surveillance and hospital stay, and favorable government policies are the other factors supporting the growth of the market.
This growth is primarily driven by Government Support for the Prevention of Diseases and Adoption of Hcit and Rising Geriatric Population and Burden of Chronic Diseases.
Globally, a noticeable market trend is evident High Demand due to the use of cloud Platform
. The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Cerner Corporation (United States), McKesson Corporation (United States), Allscripts Healthcare Solutions, Inc. (United States), Healthagen, LLC. (United States), OptumHealth (United States), IBM Corporation (United States), Epic Corporation, Inc. (United States), Conifer Health Solutions, LLC (United States) and Health Catalyst, LLC (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Allscripts Healthcare Solutions, Inc. acquired Core Medical Solutions (Australia), a Healthcare IT software leader. The acquisition aimed to integrate Allscripts’ Sunrise PAS and EMR module and EMR-agnostic population health solutions including dbMotion with the product offerings of Core Medical Solutions to improve health outcomes.
Market Drivers
- Government Support for the Prevention of Diseases and Adoption of Hcit
- Rising Geriatric Population and Burden of Chronic Diseases
Market Trend
- High Demand due to the use of cloud Platform
- Advancing It and Big Data Capabilities
Restraints
- Issues Related to the Safety of Patient Information
Opportunities
Increasing Focus on Value-Based Medicine and Focus on Personalized Medicine Based on Analytics
Challenges
The requirement of Huge Investments in Infrastructure
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Population Health Management Study Sheds Light on
The Population Health Management Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Population Health Management industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Population Health Management industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.