SAN FRANCISCO, November 9, 2016 /PRNewswire/ --
The Population Health Management (PHM) market was valuedat USD 20.7 billion in 2015 and is anticipated to reach a value of USD 89.5 billion by 2025, according to a new report by Grand View Research, Inc. Global healthcare costs are rising constantly,
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Providers accounted for the maximum share in the year 2015. Factors contributing to the growth of medical provider segment are population health management enabling better disease management, reduced inpatient stays, and decrease in overall observation hours, which enable providers to implement best possible care, although employer groups segment is expected to be the fastest growing segment from 2016 to 2025.
North America accounted for the largest share in 2015. The region has a very advanced technological landscape and the largest healthcare system all over the world. The demand for PHM is high in the region due to the fact that major population health management software and service providers are U.S. based. In addition, the U.S. healthcare spending is the largest in the world, which is an increasing concern. Measuring population health outcomes is expected to enable them implement best practices as well as contain costs.
Browse full research report with TOC on "Population Health Management (PHM) Market by Product (Software, Services), by End Use (Healthcare Providers, Healthcare Payers, Employer Groups), and Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/population-health-management-phm-market
Further Key Findings from the Study Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the population health management market by product, end use, and region.
Access research insight: http://www.grandviewresearch.com/research-insights/population-health-management-phm-market-insights
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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SOURCE Grand View Research, Inc.
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