Press Release

PHM Market: Increasing Healthcare Facilities to Bode well for the Market

The global population health management (PHM) market size is predicted to reach USD 91.43 billion by 2026, exhibiting a CAGR of 19.9% during the forecast period. The rising shift from fee-for-service (FFS) to a value-based payment (VBP) in healthcare will have a positive impact on the population health management (PHM) market growth during the forecast period. Moreover, the growing awareness regarding value-based payment (VBP) and its holistic approach, which allows clinical outcomes and reimbursement from insurance companies. Thus, the shift from conventional fee-for-service (FFS) reimbursement to value-based payment (VBP) reimbursement will enable speedy growth of the market in the forthcoming years. In addition, the effective accessibility of population health management over diverse specialties and various healthcare institutions will boost the population health management (PHM) market trends.

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Segmentation

By Component

  • Software
  • Services

By Platform

  • Cloud-based
  • On-premise

By End User

  • Healthcare Providers
  • Healthcare Payers
  • Others

By Geography

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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