Global Population Based Health Services Market – Industry Trends and Forecast to 2029

Market Analysis and Size

According to the World Health Organization, health is a complete state of social, physical, and mental well-being for a better life. Population-Based Healthcare is concerned with the system set up to improve the health outcomes of a group of people, including the distribution of those outcomes within the group.

• Data Bridge Market Research analyses that the Population Based Health Services market is growing at a CAGR of 21.0% during the forecast period. “Healthcare providers” accounts for the largest end user segment in the population based health services market owning to the presence of government mandates and rise in healthcare costs.

Market Definition

Population-Based Healthcare is concerned with the system set up to improve the health outcomes of a group of people, including the distribution of those outcomes within the group. Population health refers to the programmes, services, tactics, and initiatives used by a population health manager (for example, a health system or an accountable care organisation) to assume accountability for the outcomes of care and the cost of that care for an entire population or subpopulation of a region.

Population Based Health Services Market Dynamics

Drivers

• The rise in the need of electronic health records management

The prevalence of chronic illness is a significant driving force in the population based health services market. Patients seek treatment in hospitals for chronic illnesses. In chronic illness cases, there is a high demand for patient record management and surveillance. The demand for quality treatment has increased in recent years as a result of rising chronic illness cases. The increased demand for treatment necessitates the expansion of healthcare management services. High healthcare investments are another important driving force in the population health management market. It is resulting in the adoption of healthcare information technology.

• The increase in the personalised medicine and value based medicine

The increase in the emphasis on personalised medicine, along with high focus on value-based medicine will assist in expansion of the population based health services market.

• Regulatory Compliance

Maintaining compliance with medical reforms and regulations raises the demand for these solutions.

Opportunities

Better treatment will result from the availability of precise patient information combined with the medical tool. Many health-care industries are adjusting to the population-health-management system. It has proven to be a reliable source for treating diseases such as cancer. The collaboration of the health sector and the analytics market will result in promising market growth opportunities for population based health services. Efforts to develop personalised medicine are possible as a result of these collaborations. All of these expansion opportunities will be highly profitable for the market.

Restraints/Challenges

On the other hand, requirement of huge investments in infrastructure to set up a robust programme is one of the major factors that will obstruct market growth, while data breaches and a lack of data management capabilities and skilled analysts will further challenge the growth of the population based health services market during the forecast period.

• This population based health services market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the population based health services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Covid-19 Impact on Population Based Health Services Market

The COVID-19 pandemic has increased the need for social distancing among physicians and other healthcare professionals, fuelling the demand for population based health services and the accurate and timely exchange of patient health records and claims data for patients with chronic conditions. In this regard, population based health services provide effective tools and framework for the secure exchange, sharing, and retrieval of electronic health information, and claims data. These solutions enable healthcare organisations and patients to exchange and interpret health-related data in real time for clinical and financial decision-making accelerating the growth of population based health services market.

Recent Development

• Phillips Healthcare (Netherlands) collaborated with open Doctor in March 2021. (US). As part of Philips' Patient Management Solution, this collaboration aims to deliver an integrated radiological patient engagement platform that leverages openDoctor's real-time online appointment scheduling services.
• Phillips Healthcare (Netherlands) launched the Patient Flow Management Solution in February 2021. In an emergency, the product provides complete remote information access and allows for a fully portable setup.

Global Population Based Health Services Market Scope

The population based health services market is segmented on the basis of component, delivery mode, solutions and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

• Hardware
• Others

On the basis of component, the population based health services market is segmented into hardware and others.

Mode of Delivery

• Cloud-based
• Web-based
• On-premise

On the basis of mode of delivery, the population based health services market is segmented into cloud-based, web-based and on premise.

Solution

• Data integration and management
• Analytics
• Others

On the basis of solution, the population based health services market is segmented into data integration and management, analytics, and others

End User

• Healthcare Providers
• Healthcare Payers
• Employer Groups
• Government Bodies

On the basis of level of interoperability, the population based health services market is segmented into healthcare providers, healthcare payers, employer groups, and government bodies.

Population Based Health Services Market Regional Analysis/Insights

The population based health services market is analysed and market size insights and trends are provided by country, component, delivery mode, solutions and end user as referenced above.

The countries covered in the population based health services market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the population based health services market due to rising healthcare costs, rising healthcare expenditure, and an increase in the prevalence of chronic diseases in this region.

Asia-pacific is expected to be the fastest growing region in terms of population based health services market growth due to rising healthcare expenditure and increasing demand for effective disease management strategies in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The population based health services market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for population based health services market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the population based health services market. The data is available for historic period 2010-2020.

Competitive Landscape and Population Based Health Services Market Share Analysis

The population based health services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to population based health services market.

Some of the major players operating in the population based health services market are McKesson Corporation, ZeOmega., Verisk Analytics, Inc, Forward Health Group, Inc., Health Catalyst, Athena health, Inc., Cerner Corporation, Medecision, Xerox Corporation, Allscripts, Inc., Fonemed, Well Centive, Inc., i2i Population Health, Conifer Health Solutions, LLC, GE Healthcare, HealthBI, IBM, NXGN Management, LLC, Optum Inc., and Healthagen LLC among others.

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