The Global Population Health Management Market is projected to reach $66.01 billion by 2028, from a value of $28.24 billion in 2022, by registering a CAGR of 15.2% during the forecast period. Rising healthcare expenditure across the globe, growing demand for value-based healthcare delivery, and rising geriatric population are the major factors propelling the growth of the market. However, high investments in infrastructure and data breach concerns are hampering the market growth. Moreover, increasing focus on personalized medicine is creating ample opportunities across the globe.
Recent Developments
In July 2021, Healthix partnered with The Garage to launch a specialized population health management platform for its membership. Called Municipal, this turnkey platform will serve to organize, manage and analyze Healthixs vast repository of patient data (over 20 million patients), and more.
In March 2021, Philips partnered with openDoctor to deliver an integrated radiology patient engagement platform that leverages openDoctors real-time online appointment scheduling services as part of Philips newly launched Patient Management Solution.
In Dec 2020, Cerner Corporation acquired Kantar Health. With this acquisition, Cerner plans to harness data to improve the safety, efficiency and efficacy of clinical research across life sciences, pharmaceuticals and health care at large. This acquisition is expected to allow Cerners Learning Health Network SM client consortium to more directly engage with life sciences for funded research studies.
In March 2019, McKesson Corporation collaborated with Navigating Cancer to offer an enhanced Patient Relationship Management (PRM) platform for community-based oncologists. This platform is a comprehensive clinical workflow tool for oncology teams and patients that provides integrated, personalized care.
Competitive Landscape
Optum Inc., Medecision, IBM Corporation, Athenahealth, Healthec, LLC, Allscripts Healthcare Solutions, Epic Systems Corporation, Eclinicalworks, Health Catalyst, Cerner Corporation, Arcadia, I2I Population Health, Cotiviti, Enli Health Intelligence, Healthix, Philips, and McKesson Corporation are some of the major players in the global Population Health Management market.
