U.S. Population Health Management Solutions Market Poised to Reach Us$45.7 Bn by 2023, Driven by Increasing Uptake of Healthcare It

A rise in chronic ailments and aging population in the U.S. have emerged as major factors spurring demand from the population health management (PHM) solutions market in the U.S. In a report, titled “U.S. Population Health Management Solutions Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023,” Transparency Market Research has aimed to provide comprehensive insights into the various factors influencing the market’s growth trajectory. The report also includes a holistic analysis of various restraints that could hamper the market’s growthAccording to the report, the U.S. population health management solutions market stood at US$3.4 bn in 2014. Exhibiting CAGR at an impressive rate of 23.9% between 2015 and 2023, the market is expected to reach US$45.7 bn by the end of 2023.

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http://www.transparencymarketresearch.com/us-population-health-management-solutions-market.html

Population health management refers to the methodical and transparent delivery of services aimed at improving the health status of a given demography. PHM solutions focus on delivering better outcomes at lower costs. These programs are designed to aid in keeping patients defined to be in high-disease risk as healthy as possible. It achieves its aim by reducing the need for costly interventions such as hospitalizations, emergency department visits, and invasive diagnosis and procedures.

The market for population health management solutions has been considerably gaining from exceptional growth opportunities in the U.S. The country has been at the fore of adopting novel solutions in healthcare IT, thus bolstering the prospects of the PHM software segment. Consequently, growth opportunities for cloud-based PHM solutions seem quite promising in the U.S. Cloud-based PHM has also emerged as the fastest growing segment in the market in terms of mode of operations.

Based on source, the PHM services segment is poised to report higher CAGR...