Global Population Health Management Market Projected To Hit A CAGR Of 18.1% Over 2016-2020

Date: 2016-11-09

Along with the growing population around the world, the health care is highly demanded nowadays, the healthcare industry is undergoing a fundamental transformation globally as it shifts from a volume-based business to a value-based business. Growing demands from consumers for improved healthcare quality and greater value are forcing healthcare providers and payers to deliver optimized outcomes, according to research, global Population Health management market is projected to hit a CAGR of 18.1% Over 2016-2020.

The growth of the overall population health management market can be attributed to the regulatory mandates by governments, governments across the globe are increasingly working towards reducing healthcare costs, which increases the burden on payers and providers to meet government as well as consumer expectations, thereby compelling them to move towards population health management solutions which enable them to provide improved healthcare at reduced costs.

In terms of geography, the North America is dominating the market around the world, as a number of factors such as regulatory mandates set up under the Affordable Care Act (ACA), implementation of the Hospital Readmissions Reduction Program (HRRP), and rising geriatric population are driving the growth of the North American PHM market.

The region followed by Europe and Asia Pacific, the Asia Pacific is expecting to grow at highest CAGR for the forecast period due to its largest population and positive economy.

The population health management market is highly fragmented with many small and few large players. The companies in this market focus on growth strategies such as client acquisitions; agreements, partnerships, collaborations, and alliances; new product launches; and others (event participation, marketing and promotion, expansion, and educational promotion) to increase their customer base.

Population Health Management market share by region as following:

population-health-management

Read Full Report: http://www.gosreports.com/global-population-health-management-market-research-report-2016/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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