Population Health Management Market Size, Share, Growth Analysis, By Component(Software and services), By Application(Healthcare providers, healthcare payers and others) - Industry Forecast 2024-2031

Population Health Management Market size was valued at USD 68.2 billion in 2021 and is poised to grow from USD 81.36 billion in 2022 to USD 333.85 billion by 2030, growing at a CAGR of 19.3% during the forecast period (2023-2030).

Global Population Health Management Market is experiencing significant growth and transformation due to the increasing focus on improving healthcare outcomes and reducing healthcare costs. Population health management refers to the strategic management of health conditions and risk factors across a defined population. The market is driven by various factors, including the rising prevalence of chronic diseases, growing geriatric population, and the need for efficient and cost-effective healthcare solutions. Advances in technology, such as electronic health records (EHRs), data analytics, and telehealth, have played a vital role in enabling population health management initiatives. These technologies allow healthcare providers to collect, analyze, and utilize patient data to identify high-risk individuals, personalize interventions, and monitor health outcomes. Additionally, government initiatives promoting value-based care and accountable care organizations (ACOs) have further propelled the adoption of population health management solutions. The market is characterized by the presence of numerous players offering a wide range of solutions, including software platforms, consulting services, and outsourced care management services. The market is expected to witness continued growth in the coming years as healthcare organizations increasingly recognize the potential of population health management in improving patient outcomes, enhancing operational efficiency, and reducing healthcare costs.

US Population Health Management Market is poised to grow at a sustainable CAGR for the next forecast year.