Market Size of Population Health Management Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 53.41 Billion |
Market Size (2029) | USD 126.86 Billion |
CAGR (2024 - 2029) | 18.89 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Population Health Management Market Analysis
The Population Health Management Market size is estimated at USD 53.41 billion in 2024, and is expected to reach USD 126.86 billion by 2029, growing at a CAGR of 18.89% during the forecast period (2024-2029).
The global population health management market is being driven by the rising geriatric population and increasing burden of chronic diseases, digitalization of healthcare systems and the increasing need for affordable treatment options due to rising healthcare costs. Additionally, the increasing population suffering from chronic diseases, which requires a long period of surveillance and hospital stay, and favorable government policies that are also the other factors supporting the growth of market.
However, with the ongoing trends in population health management, customers face challenges associated with data security and reliability, increasing regulatory compliance, and handling huge amounts of healthcare data. Also the probability of reduced service/product quality is among the few factors expected to restrain the growth of the market.