Population Health Management Market 2030: Transforming Care Through Digital Solutions
The global population health management (PHM) market was valued at approximately USD 70.0 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 22.0% from 2024 to 2030. The healthcare sector is experiencing a profound transformation as it shifts from traditional paper-based systems to digital solutions, driving an increased demand for healthcare IT services. This transition is further fueled by the rising need for solutions that assist healthcare providers, facilitating a shift from Fee-For-Service (FFS) payment models to Value-Based Payment (VBP) models. The growing necessity for effective disease management strategies is also expected to propel market growth. The COVID-19 pandemic exerted significant pressure on medical institutions globally, as healthcare systems confronted an overwhelming surge of patients. This crisis highlighted the critical need for dependable diagnostic and treatment solutions. PHM solutions have proven highly beneficial for hea...