PHM Market to Exhibit an Outstanding CAGR of 19.9% by 2026; Launch of Ayin Health Solutions by PSJH to Boost Market Revenue

The global population health management (PHM) market size was USD 21.40 billion in 2018 and is projected to reach USD 91.43 billion by 2026, exhibiting a CAGR of 19.9% during the forecast period. The rising emphasis of healthcare professionals towards improving the clinical and financial outcomes of their patients will contribute positively to the population health management (PHM) market growth during the forecast period, mentioned in a report, titled “Population Health Management (PHM) Market Size, Share & Industry Analysis, By Component (Software, and Services), By Platform (Cloud-based, and On-premise), By End User (Healthcare Providers, Healthcare Payers, and Others), and Regional Forecast, 2019-2026” the market size stood at USD 21.40 billion in 2018 and is predicted to exhibit a CAGR of 19.9% between 2019 to 2026.

Launch of Ayin Health Solutions by PSJH to Enable Healthy Growth

Providence Health & Services (PSJH), a non-profit Catholic health care system operating multiple hospitals across 6 states, with headquarters in Renton, Washington announced the launch of a new population health company called Ayin Health Solutions. The new company will leverage PSJH’s learnings about how to address key patient management issues in a real-world clinical environment. The announcement of the company by PHS will boost the population health management (PHM) market trends owing to the new strategies and solutions offering to stabilize businesses and enable new standard of care. Moreover, the new company will also aim in reducing cost and thus improving outcomes through value-based approaches to proactive care. In addition, the launch of innovate products by key players will enhance the PHM market share during the forecast period. For instance, in February 2020 – Pillo Health announced the launch of their product offering of Pillo Remotely, a population health data and device manager which enables better visibility into home health habits, for better participation of the patients in their treatment plans.

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Technological Advancements in Healthcare IT to Propel Market

The rising technological advancements in healthcare IT has resulted in improved and more accurate population health management programs. This factor has aided the adoption of population health management for diverse healthcare needs which includes aggregation of data across various sources. According to Centers for Disease Control and Prevention (CDC), an estimated 1 in 6 adults in the United States suffer from some chronic disease, with 1 in 4 individuals having more than 2 chronic diseases. Moreover, technological advancements in electronic health records (EHR), analytics, blockchain technology and improved population education will further contribute to the growth of the market. In addition, the improvement in reimbursement models coupled with the aforementioned factors will uplift the PHM market share in the foreseeable future.

Product Enhancement by Prominent Players to Enrich Market Competition

The focus of key players towards product enhancement and reinforcing their product portfolio will have a significant effect on the market. The building of diversified product portfolio to cater to the need of healthcare systems and institutions. Moreover, the focus of key players towards product enhancement and innovation will influence the market positively during the forecast period. In addition, companies such as Deloitte, GE Healthcare, and IBM will continue to dominate the market with their presence and product offerings.

The Report Lists the Key Companies in the PHM Market

• Cerner Corporation


• Allscripts Healthcare, LLC


• Deloitte Touche Tohmatsu Limited


• GE Healthcare (General Electric Company)


• International Business Machines Corporation (IBM)


• Koninklijke Philips N.V.

Further Report Findings:

• Regional Analysis:  The market in North America stood at USD 13.84 billion in 2018. The growth in the region is attributed to the advanced healthcare infrastructure and higher adoption of healthcare. Moreover, increasing awareness regarding PHM among the patient population will have a positive impact on the market in the forthcoming years.


• Leading Segment: Software segment is predicted to hold the maximum share during the forecast period owing to the its increasing adoption in the emerging markets. In addition, purchase of new population health management programs by healthcare institutions will boost the segment’s growth.

The Population Health Management (PHM) Market is Segmented into: