DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Population Health Management (PHM) Market By Product (Software, Services), By End Use (Healthcare Providers, Healthcare Payers, Employer Groups), And Segment Forecasts, 2014 - 2025" report to their offering.
The Population Health Management (PHM) market was valued at USD 20.7 billion in 2015 and is anticipated to reach a value of USD 89.5 billion by 2025. Global healthcare costs are rising constantly, which is inevitable with the increase in chronic diseases and geriatric population. It is a major concern and the best option available to reduce expenses and contain high-cost medical care. To achieve this, providers need patient-centric data in order to trace patients who are at risk of poor health outcomes. In technical terms, this is known as a change from fee-for-service (FFS) to a value-based payment (VBP) model, which is expected to be the leading market driver for population health management. Major market drivers are increasing efforts to contain rising healthcare costs, rising demand for solutions supporting value-based care delivery, and increasing demand for effective disease management.
Providers accounted for the maximum share in the year 2015. Factors contributing to the growth of medical provider segment are population health management enabling better disease management, reduced inpatient stays, and decrease in overall observation hours, which enable providers to implement best possible care, although employer groups segment is expected to be the fastest growing segment from 2016 to 2025.
North America accounted for the largest share in 2015. The region has a very advanced technological landscape and the largest healthcare system all over the world. The demand for PHM is high in the region due to the fact that major population health management software and service providers are U.S. based. In addition, the U.S. healthcare spending is the largest in the world, which is an increasing concern. Measuring population health outcomes is expected to enable them implement best practices as well as contain costs.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Variables, Trends & Scope
4. Market Categorization 1: Product Estimates & Trend Analysis
5. Market Categorization 2: By End-Use, Estimates & Trend Analysis
6. Market Categorization 5: Regional Estimates & Trend Analysis
7. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/mftfm4/population_health