The Asia Pacific Population Health Management Market would witness market growth of 22.5% CAGR during the forecast period (2019-2025).
The on-premise delivery method is a common way to implement population health management solutions. In this mode of delivery, a licensed program is built that runs on the hospital/clinical premises computers. Healthcare providers are responsible for the procurement, installation, and maintenance of the server by their in-house IT staff or local IT service providers. Decision-makers in healthcare organizations tend to retain access to these technologies on the basis of issues such as regulation, patient data protection, and cost benefits.
Healthcare services dominate the market for population health management products. The growing trend in healthcare illustrates a paradigm shift from paid services to value-based healthcare delivery that pushes health service providers to market growth. They are extensively employed by hospitals to set up an in-house program for analyzing their patient data rather than involving third parties. The software segment will expand at a steady pace due to the growing demand for an integrated healthcare system. The potential to manage multiple business activities on a single platform and accurate analysis of patient data on a well-managed network will drive the software market in the coming years.
The Asia Pacific PHM market is expected to experience the fast growth in the forecast period due to improved healthcare infrastructure and increased expenditure on healthcare. In addition, the prevalence of chronic diseases in the Asia-Pacific region is expected to increase exponentially over the forecast period. Managing the data generated from this rise will require advanced data analysis, which is anticipated to boost the market growth.
Based on Product, the market is segmented into Services and Software. Based on End Use, the market is segmented into Providers, Payers and Employer Groups. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AllScripts Healthcare Solutions, Inc., Cerner Corporation, McKesson Corporation, Tenet Healthcare Corporation (Conifer Health Solutions, LLC), eClinicalWorks LLC, UnitedHealth Group, Inc. (Optum, Inc.), Koninklijke Philips N.V., Athenahealth, Inc. (Veritas Capital), IBM Corporation, and Epic Systems Corporation.
Scope of the Study
• Services and
By End Use
• Payers and
• Employer Groups
• South Korea
• Rest of Asia Pacific
• AllScripts Healthcare Solutions, Inc.
• Cerner Corporation
• McKesson Corporation
• Tenet Healthcare Corporation (Conifer Health Solutions, LLC)
• eClinicalWorks LLC
• UnitedHealth Group, Inc. (Optum, Inc.)
• Koninklijke Philips N.V.
• Athenahealth, Inc. (Veritas Capital)
• IBM Corporation
• Epic Systems Corporation
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