As per the statistics of TMR, the U.S. population health management
solutions market could earn a revenue of US$ 45.7 bn by 2023 at a
CAGR of 23.9% during the forecast timeframe 2015–2023. By source,
the services market has been predicted to achieve a higher CAGR
between 2015 and 2023.
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The demand in the U.S. population health management solutions market
could gain a good momentum on the back of the strong enforcement of
favorable healthcare acts in the country. The demand for population
health management solutions in the U.S. could be stimulated by the
rising prevalence of chronic ailments in the country. Besides this,
the swelling size of the geriatric population in the country could up
the demand in the market. North America could be reputed as a choice
market for population health management solutions, considering the
increase in total healthcare spending in the last few years. This
could very well provide an unwavering impetus to the U.S. market.
There has been an escalating need for the implementation of effective
population health management solutions due to the alarming rise in
healthcare expenses. The U.S. government could turn to the accurate
tracking of the population’s health and that of population
subgroups through high focus on increased investments and incentives.
Population health management solutions could also be demanded for
accomplishing the need to set up patient-centric healthcare
enterprises and organize an efficacious population health management
practice. As a result, healthcare providers have been foreseen to
integrate population health management solutions at an increasing
rate.
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The U.S. population health management solutions market has been
projected to be significantly hindered by the requirement of hefty
investment for developing suitable infrastructure. Furthermore, end
users could be additionally burdened by the need of the deployment of
skilled workforce for the application of population health management
solutions.
Nevertheless, the U.S. population health management solutions market
has been forecasted to create scores of business opportunities with
the rapid transition of the healthcare sector from a paper-based to a
digitized system. Consequently, the need for healthcare IT services
could accelerate swiftly, further improving the growth of the market.
Moreover, the healthcare sector has been experiencing a shift to a
value-based payment (VBP) to a fee-for-service (FFS) model. This
could push the population health analysis market to attain a robust
revenue growth and convert into a multibillion-dollar industry for
population heath management solutions in the U.S.
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The U.S. population health management solutions market has been
anticipated in a report published by Transparency Market Research
(TMR) to witness various strategies adopted by players to keep step
with technological elevation. Most players could persistently
innovate in the market by means of the development of novel services
and software. Apart from this, there could be an improvisation of
existing offerings to match up the technological advancement in the
market. This could help players to secure a copper-bottomed position
in the industry. Some of the key players dealing with population
health management solutions in the U.S. have been expected to be IBM,
Healthagen, and Health Catalyst.
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