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PHM Market to Reach USD 119.16B by 2032

15/01/2025
in News
PHM Market to Reach USD 119.16B by 2032
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Global Population Health Management Market Size to Surpass USD 119.16 Billion by 2032 with a CAGR of 15.58% – SNS Insider

The Population Health Management Market Growth is Driven by Rapid Adoption of Value-Based Care Models and Technological Innovations.

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“According to SNS Insider, The Population Health Management Market, valued at USD 32.30 billion in 2023, is projected to reach USD 119.16 billion by 2032, growing at a 15.58% CAGR over the forecast period of 2024-2032.”

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Population Health Management Trends: The Population Health Management market is being driven by an increasing focus on value-based care, government initiatives, and the rising prevalence of chronic diseases.

PHM systems aggregate patient data from diverse sources, enabling healthcare providers to improve patient outcomes while managing costs effectively. The demand for advanced analytics, integrated care, and real-time patient tracking is significantly boosting the market.

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Innovations in cloud computing, AI, and machine learning have greatly enhanced PHM systems’ capabilities, enabling advanced data analysis and population health insights. Government efforts to promote electronic health records (EHRs) and interoperability are further accelerating market growth. Moreover, the COVID-19 pandemic highlighted the importance of scalable, remote health management solutions, fueling the demand for PHM technologies.

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