Global Population Health Management Market Outlook to 2026: CAGR Expected to Grow at 25.8% - | Financial Buzz

Global Population Health Management Market Outlook to 2026: CAGR Expected to Grow at 25.8% –

The “Population
Health Management – Global Market Outlook (2017-2026)” report
has been added to’s offering.

The Global Population Health Management Market accounted for $17.2
billion in 2017 and expected to grow at a CAGR of 25.8% to reach $136.6
billion by 2026.

Few factors like government initiatives to control spread of diseases
and acceptance of HCIT, increasing geriatric population and chronic
diseases, execution of the affordable care act in the U.S., necessity
for affordable treatment options and advancement in IT and big data
capabilities are fuelling the market growth. The focus on personalized
medicine and value-based medicine generates abundant opportunities for
the growth of the market.

However, improper data management capabilities and dearth of skilled
professionals, threat to patient information and unwillingness to
migrate from legacy systems are hampering the market growth. The
infrastructure costs incurred to set up a strong population health
management program are a challenge to the market.

By mode of operation, the cloud based operation or usage in healthcare
has dramatically increased becoming both a strategic and operational
necessity. Another big factor in the shift toward the cloud includes the
protections for providers brought about by the new HIPAA revisions. With
these protections the liability for keeping patient data secure has
shifted to healthcare business associates.

Many organizations are in turn, shifting the contractual responsibility
for securing the information to their vendors. Healthcare organizations
are served using Cloud-based solutions to share and integrate
information from different locations or systems in real time, and in the
production of database registries.

Companies Mentioned

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