Analysts’ Viewpoint on Global Market Scenario
Companies in the global population health management market are accelerating their efforts to leverage revenue opportunities to obtain competitive benefits. Increasing incidences of chronic diseases across the globe, along with rising population of patients globally, demand PHM systems. Stakeholders in the global market should focus on surging challenges in the global market. High investments in infrastructure to set up PHM programs is a major factor hampering market growth. Leading players operating in the global population health management business are focusing on acquisition & collaborative agreements with other established market players. These strategies are likely to fuel the growth of the global market for population health management.
Population health management (PHM) is a system where individuals are classified into groups. These practices are usually observed in the healthcare sector, pharmaceutical industry, and insurance sector. The health management system aids to maintain and improve the health conditions of different groups. Population health management is a patient-friendly platform, which supports regulating treatment costs by providing options of cost-effective alternative options. Furthermore, the platform enables service providers and payers in risk management associated with reimbursement policies. In the recent few years, the healthcare system has evolved to a great extent and turned out to be patient-centric. Population health management reduces risk stratification and eases patient communication, data aggregation, and care coordination. As a whole, the patient care system has improved. Hence, the use of population health management systems has increased exponentially.
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The growing penetration of IT in the field of health care is expected to fuel the expansion of the market in the upcoming years. Benefits offered by population health management systems, such as remote patient monitoring, data integration, and data storage are projected to drive the global market. The penetration of IT solutions, especially in business intelligence solutions and data analytics has been the key factor for the advancement of the population health management industry.
The Integration of IT solution enables car providers to monitor patients remotely, data collection, and data storage. These factors are likely to boost the expansion of the global population health management business. Moreover, growing awareness regarding the benefits of personalized medicine is projected to provide significant growth opportunities for the players operating in the market during the forecast period.
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The burgeoning growth of and technological advancements in health care are creating value-grab opportunities for population health management market players. Rising awareness regarding the adoption of better-personalized medicine is anticipated to offer significant growth opportunities for the players operating in the market in the near future. In addition, there are various tools available, each having different functions in diverse care settings. These tools help in data collection and aid in leveraging healthcare finances for patients and payers, including insurers. Besides accessibility of health care, the PHM program ensures the affordability of health care to the population at large. Lately, various population health management initiatives undertaken by hospital administrators and clinicians are found to be instrumental in decreasing the overall cost of hospitalization, testing new models in disease risk management, and improving medication compliance.
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The global population health management market is likely to witness more opportunities due to the rising awareness about the benefits of this program. The population health management system comprises software and hardware. The services segment is expected to account for a dominant share of the global market in the upcoming years. In addition, data analysis services and post-scale client services are becoming popular among healthcare insurance companies and providers. Moreover, the web-based population health management system is expected to account for the maximum share of the global population health management (PHM) market. This is followed by cloud-based population health management solutions. As per market analysts, there will be a shift in the trend. Due to ease of use and storage facility, people are likely to incline toward the cloud-based segment.
The rapid adoption of various PHM tools has enabled the medical professional to improve the quality of care, and profitability, and plug care management gaps by providing adequate healthcare services to the patient population. The North American population health management market is anticipated to lead globally. The Asia Pacific market for population health management is anticipated to be the fastest-growing market. In recent years, the market has witnessed various opportunities. The growth of the market can be attributed to approaches of government bodies to leverage population health and the application of analytics tools in better care management for the regional population.
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Attribute |
Detail |
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Market Size Value in 2020 (Base Year) |
US$ 25.9 Bn |
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Market Forecast Value in 2028 |
US$ 86.9 Bn |
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Growth Rate (CAGR) |
15.9% |
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Forecast Period |
2017–2028 |
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Quantitative Units |
US$ Bn for Value |
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Market Analysis |
It includes cross segment analysis at regional level. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, pricing analysis, and parent industry overview. |
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Format |
Electronic (PDF) |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Customization Scope |
Available upon request |
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Pricing |
Available upon request |
Population Health Management (PHM) Market – Segmentation
TMR’s study on the global population health management market includes information divided into four segments: mode of operation, component, end-user, and region. Changing industry trends and other market dynamics associated with these segments of the global market are discussed in detail.
| Mode of Operation |
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| Component |
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| End-User |
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| Region |
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The market for Population health management is expected to cross the value of US$ 86.9 Bn by the end of 2028
The global market is estimated to expand at a CAGR of 15.9% from 2021 to 2028
The market for population health management is driven by a rise in government initiatives for the adoption of digital health products
The services segment is expected to account for a dominant share of the global market in 2020, and the trend is expected to continue during the forecast period
Key players operating in the global population health management business include Koninklijke Philips N.V., Lumeris, Health Catalyst, McKesson Corporation, Cerner Corporation, ZeOmega, Healthagen LLC, UnitedHealth Group
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Population Health Management Market
4. Market Overview
4.1. Introduction
4.1.1. Mode of Operation Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Population Health Management Market Analysis and Forecast, 2017–2028
4.4.1. Market Revenue Projections (US$ Mn)
4.4.2. Market Volume/Unit Shipments Projections
4.5. Porter’s Five Force Analysis
5. Key Insights
5.1. Top 3 players operating in the market space
5.2. Key Industry Events (mergers, acquisitions, partnerships, etc.)
5.3. COVID-19 Impact Analysis
6. Global Population Health Management Market Analysis and Forecast, by Mode of Operation
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value & Volume Forecast, by Mode of Operation, 2017–2028
6.3.1. Web-based
6.3.2. Cloud-based
6.3.3. On-premise
6.4. Market Attractiveness Analysis, by Mode of Operation
7. Global Population Health Management Market Analysis and Forecast, by End-user
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value & Volume Forecast, by End-user, 2017–2028
7.3.1. Health Care Providers
7.3.2. Insurance Providers
7.3.3. Pharmaceutical Companies
7.3.4. Others
7.4. Market Attractiveness Analysis, by End-user
8. Global Population Health Management Market Analysis and Forecast, by Component
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Market Value & Volume Forecast, by Component, 2017–2028
8.3.1. Hardware
8.3.2. Software
8.3.3. Services
8.4. Market Attractiveness Analysis, by Component
9. Global Population Health Management Market Analysis and Forecast, by Region
9.1. Key Findings
9.2. Market Value & Volume Forecast, by Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Market Attractiveness Analysis, by Country/Region
10. North America Population Health Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value & Volume Forecast, by Mode of Operation, 2017–2028
10.2.1. Web-based
10.2.2. Cloud-based
10.2.3. On-premise
10.3. Market Value & Volume Forecast, by End-user, 2017–2028
10.3.1. Health Care Providers
10.3.2. Insurance Providers
10.3.3. Pharmaceutical Companies
10.3.4. Others
10.4. Market Value & Volume Forecast, by Component, 2017–2028
10.4.1. Hardware
10.4.2. Software
10.4.3. Services
10.5. Market Value & Volume Forecast, by Country, 2017–2028
10.5.1. U.S.
10.5.2. Canada
10.6. Market Attractiveness Analysis
10.6.1. By Mode of Operation
10.6.2. By End-user
10.6.3. By Component
10.6.4. By Country
11. Europe Population Health Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value & Volume Forecast, by Mode of Operation, 2017–2028
11.2.1. Web-based
11.2.2. Cloud-based
11.2.3. On-premise
11.3. Market Value & Volume Forecast, by End-user, 2017–2028
11.3.1. Health Care Providers
11.3.2. Insurance Providers
11.3.3. Pharmaceutical Companies
11.3.4. Others
11.4. Market Value & Volume Forecast, by Component, 2017–2028
11.4.1. Hardware
11.4.2. Software
11.4.3. Services
11.5. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
11.5.1. Germany
11.5.2. U.K.
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Rest of Europe
11.6. Market Attractiveness Analysis
11.6.1. By Mode of Operation
11.6.2. By End-user
11.6.3. By Component
11.6.4. By Country/Sub-region
12. Asia Pacific Population Health Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value & Volume Forecast, by Mode of Operation, 2017–2028
12.2.1. Web-based
12.2.2. Cloud-based
12.2.3. On-premise
12.3. Market Value & Volume Forecast, by End-user, 2017–2028
12.3.1. Health Care Providers
12.3.2. Insurance Providers
12.3.3. Pharmaceutical Companies
12.3.4. Others
12.4. Market Value & Volume Forecast, by Component, 2017–2028
12.4.1. Hardware
12.4.2. Software
12.4.3. Services
12.5. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
12.5.1. China
12.5.2. Japan
12.5.3. India
12.5.4. Australia & New Zealand
12.5.5. Rest of Asia Pacific
12.6. Market Attractiveness Analysis
12.6.1. By Mode of Operation
12.6.2. By End-user
12.6.3. By Component
12.6.4. By Country/Sub-region
13. Latin America Population Health Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value & Volume Forecast, by Mode of Operation, 2017–2028
13.2.1. Web-based
13.2.2. Cloud-based
13.2.3. On-premise
13.3. Market Value & Volume Forecast, by End-user, 2017–2028
13.3.1. Health Care Providers
13.3.2. Insurance Providers
13.3.3. Pharmaceutical Companies
13.3.4. Others
13.4. Market Value & Volume Forecast, by Component, 2017–2028
13.4.1. Hardware
13.4.2. Software
13.4.3. Services
13.5. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Market Attractiveness Analysis
13.6.1. By Mode of Operation
13.6.2. By End-user
13.6.3. By Component
13.6.4. By Country/Sub-region
14. Middle East & Africa Population Health Management Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Market Value & Volume Forecast, by Mode of Operation, 2017–2028
14.2.1. Web-based
14.2.2. Cloud-based
14.2.3. On-premise
14.3. Market Value & Volume Forecast, by End-user, 2017–2028
14.3.1. Health Care Providers
14.3.2. Insurance Providers
14.3.3. Pharmaceutical Companies
14.3.4. Others
14.4. Market Value & Volume Forecast, by Component, 2017–2028
14.4.1. Hardware
14.4.2. Software
14.4.3. Services
14.5. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
14.5.1. GCC Countries
14.5.2. South Africa
14.5.3. Rest of Middle East & Africa
14.6. Market Attractiveness Analysis
14.6.1. By Mode of Operation
14.6.2. By End-user
14.6.3. By Component
14.6.4. By Country/Sub-region
15. Competition Landscape
15.1. Market Player - Competition Matrix (by tier and size of companies)
15.2. Market Share Analysis, by Company, 2020
15.3. Market Footprint Analysis
15.3.1. By Region
15.3.2. By Mode of Operation
15.3.3. By Component
15.3.4. By End-user
15.4. Competitive Business Strategies
15.5. Company Profiles
15.5.1. Koninklijke Philips N.V.
15.5.1.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.1.2. Product Portfolio
15.5.1.3. SWOT Analysis
15.5.1.4. Strategic Overview
15.5.2. Lumeris
15.5.2.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.2.2. Product Portfolio
15.5.2.3. SWOT Analysis
15.5.2.4. Strategic Overview
15.5.3. Health Catalyst
15.5.3.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.3.2. Product Portfolio
15.5.3.3. SWOT Analysis
15.5.3.4. Strategic Overview
15.5.4. McKesson Corporation
15.5.4.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.4.2. Product Portfolio
15.5.4.3. SWOT Analysis
15.5.4.4. Strategic Overview
15.5.5. Cerner Corporation
15.5.5.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.5.2. Product Portfolio
15.5.5.3. SWOT Analysis
15.5.5.4. Strategic Overview
15.5.6. ZeOmega
15.5.6.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.6.2. Product Portfolio
15.5.6.3. SWOT Analysis
15.5.6.4. Strategic Overview
15.5.7. Healthagen LLC
15.5.7.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.7.2. Product Portfolio
15.5.7.3. SWOT Analysis
15.5.7.4. Strategic Overview
15.5.8. UnitedHealth Group
15.5.8.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.8.2. Product Portfolio
15.5.8.3. SWOT Analysis
15.5.8.4. Strategic Overview
15.5.9. International Business Machines Corporation
15.5.9.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.9.2. Product Portfolio
15.5.9.3. SWOT Analysis
15.5.9.4. Strategic Overview
15.5.10. Persivia
15.5.10.1. Company Overview (HQ, Business Segments, Employee Strength)
15.5.10.2. Product Portfolio
15.5.10.3. SWOT Analysis
15.5.10.4. Strategic Overview
15.5.11. Other players
List of Table
Table 01: Global Population Health Management Market Size (US$ Mn) Forecast, by Component, 2021–2028
Table 02: Global Population Health Management Market Size (US$ Mn) Forecast, by Mode of Operation, 2021–2028
Table 03: Global Population Health Management Market Size (US$ Mn) Forecast, by End-user 2021–2028
Table 04: Global Population Health Management Market Size (US$ Mn) Forecast, by Region, 2021–2028
Table 05: North America Population Health Management Market Size (US$ Mn) Forecast, by Country, 2021–2028
Table 06: North America Population Health Management Market Size (US$ Mn) Forecast, by Component, 2021–2028
Table 07: North America Population Health Management Market Size (US$ Mn) Forecast, by Mode of Operation, 2021–2028
Table 08: North America Population Health Management Market Size (US$ Mn) Forecast, by End-user 2021–2028
Table 09: Europe Population Health Management Market Size (US$ Mn) Forecast, by Country/Sub-region, 2021–2028
Table 10: Europe Population Health Management Market Size (US$ Mn) Forecast, by Component, 2021–2028
Table 11: Europe Population Health Management Market Size (US$ Mn) Forecast, by Mode of Operation, 2021–2028
Table 12: Europe Population Health Management Market Size (US$ Mn) Forecast, by End-user 2021–2028
Table 13: Asia Pacific Population Health Management Market Size (US$ Mn) Forecast, by Country/Sub-region, 2021–2028
Table 14: Asia Pacific Population Health Management Market Size (US$ Mn) Forecast, by Component, 2021–2028
Table 15: Asia Pacific Population Health Management Market Size (US$ Mn) Forecast, by Mode of Operation, 2021–2028
Table 16: Asia Pacific Population Health Management Market Size (US$ Mn) Forecast, by End-user 2021–2028
Table 17: Latin America Population Health Management Market Size (US$ Mn) Forecast, by Country/Sub-region, 2021–2028
Table 18: Latin America Population Health Management Market Size (US$ Mn) Forecast, by Component, 2021–2028
Table 19: Latin America Population Health Management Market Size (US$ Mn) Forecast, by Mode of Operation, 2021–2028
Table 20: Latin America Population Health Management Market Size (US$ Mn) Forecast, by End-user 2021–2028
Table 21: Middle East & Africa Population Health Management Market Size (US$ Mn) Forecast, by Country/Sub-region, 2021–2028
Table 22: Middle East & Africa Population Health Management Market Size (US$ Mn) Forecast, by Component, 2021–2028
Table 23: Middle East & Africa Population Health Management Market Size (US$ Mn) Forecast, by Mode of Operation, 2021–2028
Table 24: Middle East & Africa Population Health Management Market Size (US$ Mn) Forecast, by End-user 2021–2028
List of Figures
Figure 01: Global Population Health Management Market Snapshot
Figure 02: Global Population Health Management Market Size (US$ Mn) Forecast, 2021–2028
Figure 03: Market Value Share, by Component, 2020
Figure 04: Market Value Share, by Mode of Operation, 2020
Figure 05: Market Value Share, by End-user, 2020
Figure 06: Market Value Share, by Region, 2020
Figure 07: Global Population Health Management Market Value Share Analysis, by Component, 2021 and 2028
Figure 08: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Software, 2017–2028
Figure 09: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Services, 2017–2028
Figure 10: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Hardware, 2017–2028
Figure 11: Global Population Health Management Market Attractiveness Analysis, by Component, 2021–2028
Figure 12: Global Population Health Management Market Value Share Analysis, by Mode of Operation 2021 and 2028
Figure 13: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Web-based, 2017–2028
Figure 14: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Cloud-based, 2017–2028
Figure 15: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Services, 2017–2028
Figure 16: Global Population Health Management Market Attractiveness Analysis, by Component, 2021–2028
Figure 17: Global Population Health Management Market Value Share Analysis, by End-user
Figure 18: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Healthcare Providers, 2017–2028
Figure 19: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Insurance Providers, 2017-2028
Figure 20: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Pharmaceutical Companies, 2017–2028
Figure 21: Global Population Health Management Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Others, 2017–2028
Figure 22: Global Population Health Management Market Attractiveness Analysis, by End-user, 2021–2028
Figure 23: Global Population Health Management Market Value Share Analysis, by Region, 2021 and 2028
Figure 24: Global Population Health Management Market Attractiveness Analysis, by Region, 2021–2028
Figure 25: North America Population Health Management Market Size (US$ Mn) Forecast, 2021–2028
Figure 26: North America Population Health Management Market Value Share Analysis, by Country, 2021 and 2028
Figure 27: North America Population Health Management Market Value Share Analysis, by Component, 2021 and 2028
Figure 28: North America Population Health Management Market Value Share Analysis, by Mode of Operation 2021 and 2028
Figure 29: North America Population Health Management Market Value Share Analysis, by End-user, 2021–2028
Figure 30: North America Population Health Management Market Attractiveness Analysis, by Component, 2021–2028
Figure 31: North America Population Health Management Market Attractiveness Analysis, by Mode of Operation, 2021–2028
Figure 32: North America Population Health Management Market Attractiveness Analysis, by End-user, 2021–2028
Figure 33: Europe Population Health Management Market Size (US$ Mn) Forecast, 2021–2028
Figure 34: Europe Population Health Management Market Value Share Analysis, by Country/Sub-region, 2021 and 2028
Figure 35: Europe Population Health Management Market Value Share Analysis, by Component, 2021 and 2028
Figure 36: Europe Population Health Management Market Value Share Analysis, by Mode of Operation 2021 and 2028
Figure 37: Europe Population Health Management Market Value Share Analysis, by End-user. 2021-2028
Figure 38: Europe Population Health Management Market Attractiveness Analysis, by Component, 2021–2028
Figure 39: Europe Population Health Management Market Attractiveness Analysis, by Mode of Operation, 2021–2028
Figure 40: Europe Population Health Management Market Attractiveness Analysis, by End-user, 2021–2028
Figure 41: Asia Pacific Population Health Management Market Size (US$ Mn) Forecast, 2021–2028
Figure 42: Asia Pacific Population Health Management Market Value Share Analysis, by Country/Sub-region, 2021 and 2028
Figure 43: Asia Pacific Population Health Management Market Value Share Analysis, by Component, 2021 and 2028
Figure 44: Asia Pacific Population Health Management Market Value Share Analysis, by Mode of Operation 2021 and 2028
Figure 45: Asia Pacific Population Health Management Market Value Share Analysis, by End-user, 2021-2028
Figure 46: Asia Pacific Population Health Management Market Attractiveness Analysis, by Component, 2021–2028
Figure 47: Asia Pacific Population Health Management Market Attractiveness Analysis, by Mode of Operation, 2021–2028
Figure 48: Asia Pacific Population Health Management Market Attractiveness Analysis, by End-user, 2021–2028
Figure 49: Latin America Population Health Management Market Size (US$ Mn) Forecast, 2021–2028
Figure 50: Latin America Population Health Management Market Value Share Analysis, by Country/Sub-region, 2021 and 2028
Figure 51: Latin America Population Health Management Market Value Share Analysis, by Component, 2021 and 2028
Figure 52: Latin America Population Health Management Market Value Share Analysis, by Mode of Operation 2021 and 2028
Figure 53: Latin America Population Health Management Market Value Share Analysis, by End-user, 2021-2028
Figure 54: Latin America Population Health Management Market Attractiveness Analysis, by Component, 2021–2028
Figure 55: Latin America Population Health Management Market Attractiveness Analysis, by Mode of Operation, 2021–2028
Figure 56: Latin America Population Health Management Market Attractiveness Analysis, by End-user, 2021–2028
Figure 57: Middle East & Africa Population Health Management Market Size (US$ Mn) Forecast, 2021–2028
Figure 58: Middle East & Africa Population Health Management Market Value Share Analysis, by Country/Sub-region, 2021 and 2028
Figure 59: Middle East & Africa Population Health Management Market Value Share Analysis, by Component, 2021 and 2028
Figure 60: Middle East & Africa Population Health Management Market Value Share Analysis, by Mode of Operation 2021 and 2028
Figure 61: Middle East & Africa Population Health Management Market Value Share Analysis, by End-user, 2021-2028
Figure 62: Middle East & Africa Population Health Management Market Attractiveness Analysis, by Component, 2021–2028
Figure 63: Middle East & Africa Population Health Management Market Attractiveness Analysis, by Mode of Operation, 2021-2028
Figure 64: Middle East & Africa Population Health Management Market Attractiveness Analysis, by End-user, 2021–2028
Figure 65: Global Population Health Management Market Share Analysis, by Company, 2020
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Population Health Management Market
