Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 24.7 Billion | USD 51.2 Billion | 12.9% | 2021 |
FrequentlyAsked Questions
The demand for healthcare services is driven by factors such as rising health insurance costs, increased demand for quality healthcare services, the growing number of older people, and the rising incidence of chronic conditions around the world. Patient readmissions, medical errors, and administrative expenditures are all elements that contribute to the high cost of healthcare services.
According to the Market Research report, the global population health management market was worth about 24.7 (USD billion) in 2021 and is predicted to grow to around 52.1 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 12.9 percent.
North America leads the global population health management market because of growing federal healthcare and rising government initiatives. The Asia Pacific market, which includes India, China, Japan, and the rest of Asia Pacific, provides market participants with high-growth opportunities.
Some of the main competitors dominating the global population health management market include - Cerner Corporation, Epic Systems Corporation, Koninklijke Philips, i2i Population Health, Health Catalyst , Optum, Enli Health Intelligence , eClinicalWorks, Orion Health, Allscripts Healthcare Solutions , IBM Corporation, HealthEC LLC , Medecision, Arcadia, athenahealth (US), Cotiviti, NextGen Healthcare, Inc., Conifer Health Solutions , SPH Analytics, Lightbeam Health Solutions, Innovaccer , Citra Health Solutions, Evolent Health, Inc., Lumeris, and Forward Health Group.
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