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Population Health Management Market Report Size, Share and Industry Analysis by Component, by Mode of Delivery, by End User and Regional Forecast 2019-2028
The population health management market is majorly focused on the process of improving clinical healthcare outcome of defined group of individual through improved care co-ordination and patient engagement supported by the various software and service population health management products.

COVID-19 Impact Analysis on Global Population Health Management Market

The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360-degree analysis of micro and macro-economic factors on the population health management market. In addition, complete analysis of changes on the population health management market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. 

The population health management during the COVID-19 has witnessed specific rising demand across the globe. As Covid-19 has fundamentally changed the how healthcare system deliver the service and reveled the tenuousness of care delivery based on face to face office visits and fee for service reimbursement models. Furthermore, population health management support in improvising the public health while mitigating risk in a value based paradigm.  Thereby, rising adoption of population health management market products in different end user during the COVID-19 and emerging Omicron cases worldwide has specifically contributed in growth with positive outcome. 

Market Overview - Global Population Health Management Market

Market Drivers

The major driving factor certainly boosting the market is government mandates & support for healthcare IT solutions providing global opportunities to improve the health with the increasing adoption of healthcare IT solution. Alternatively, in India, Avekxa’s Akhil Swasthy Hetu Ayojan is one the most comprehensive population health management program to increase the reach and quality of preventive and primary health care in rural India. The program is constructed in line with Ayushman Bharat Scheme launched by Government of India for NCD focused by NHM. Adding to that the rising burden of disease population, geriatric population, changing dynamic in healthcare has specifically increased the need for curtail escalating healthcare costs. Besides, Increasing geriatric population and subsequent growth in burden of chronic diseases, increasing penetration of the use of IT in the field of healthcare has led the demand for market.

Market Opportunity

The increased in advanced analytics and predictive modelling application has specially enable the healthcare end user to treat each patient in personalized way in order to produce the best possible outcomes. For example, with the new precision medicine and treatment ideas the population health management is expected to gain new growth opportunities for the market. 

Market Growth Challenges

The major factor challenge for the market growth is lack of data management capabilities and skilled analysts. The lack of data management capabilities among the healthcare analysts certainly affects the market growth as only limited number of healthcare facilities have experts handling the large data. This feature of the market is expected to create the hurdle for the market over the estimated time period

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Market Segmental Overview

The population health management market comprises of different market segment like component, mode of delivery, end user, and geography. 

Population Health Management Market by Component

The component segments is studied for software and services. Software is expected to dominate in the global population health management market in 2021 and maintain its dominance over the estimated time period (2021-2028). The increasing adoption of software in healthcare providers, healthcare payers among others to improve the efficiency and operating cost of practice as well as enhance the quality of patient care has propelled the demand for market. The software ideally helps to aggregates healthcare systems and store the patient data for analysis providing better predict patient health condition is the major factor propelling the market growth. On the other services, is expected to have healthy growth for market in upcoming years. 

Population Health Management Market by Mode of Delivery

The population health management market, mode of delivery includes segment on premise and cloud based. On Premise is likely to gain major market share for the global population health management market. The on-premise mode of delivery offers the offline access which specifically plays a key role for healthcare setting. Besides, on premises infrastructure also speeds up the deployment times. Similarly, cloud-based services is anticipated to have growth at highest pace during the forecast period. As cloud based are access over internet and further provide accessibility of data over multiple platform. 

Population Health Management Market by End User

The market has its major end user in healthcare providers, healthcare payers, employer groups, government bodies. Healthcare provider is expected to lead in the global population health management market. The market precisely support the healthcare provider to manage the population with chronic diseases. Also, using the population health management products, the healthcare provider can identify the patient within their network who have advanced or chronic illness and may need more focused care. Besides, the market products helps to reduce the odds of patient developing more serious and expensive condition in future. Alternatively, healthcare payers, employer groups, government bodies are expected to have rising growth for market in upcoming years. 

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