Population Health Management Market Size, Share, Growth Analysis, By Component Outlook(Hardware, Software, Service, Others), By Solution(Data Integration & Management, Analytics, Others), By Delivery Mode(On -Premise, Cloud), By Region - Industry Forecast 2024-2031

Due to its highly advanced health care system, wide acceptance of electronic health records (EHRs) and strong regulatory framework, North America has emerged as the top player in the global population health management market. The increased emphasis on value-based care as well as heavy investments in healthcare IT have enhanced the uptake of PHM solutions across the region. The number of PHM tools is rising due to initiatives of the US government such as the Affordable Care Act that require healthcare providers to concentrate on population health outcomes. With the advertisement of some major players in this rapidly transforming market and a tech savvy population, North America will remain dominant.

The fastest expanding region in the global population health management market is Asia Pacific due to the influence of factors like increased cost of healthcare, continued urbanization, and improved public awareness of modern medical technologies. Digital health solutions and improvements to health systems across the region are being funded by governments to curb the rising burden of chronic diseases. The elderly people as well as newly formed middle class are motivating better ways of managing health. Asia Pacific is an important centre for developing the PHM market owing to its thriving technology industry, increased adoption of EHRs and growing telehealth applications. All of these factors are encouraging innovation.