Population Health Management Market Projected to Reach $663.75 Billion by 2034

A Healthcare Professional Holding a Stethoscope with Symbolic Figures Illustrating Growth, Representing the Population Health Management Market

The global population health management market, valued at USD 104.57 billion in 2025, is projected to experience significant growth, reaching approximately USD 663.75 billion by 2034.

This expansion represents a robust compound annual growth rate (CAGR) of 22.05% over the forecast period, highlighting the market’s rapid development and increasing importance.

According to a study published by IMRC group a sister firm of Precedence Statistics, the global population health management market was valued at USD 85.59 billion in 2024 and is expected to grow significantly, reaching approximately USD 533.83 billion by 2033.

Revolutionizing Global Healthcare with Advanced Digital Integration

Metric Value
Global PHM Market Size (2024) USD 85.59 billion
Projected PHM Market Size (2033) USD 533.83 billion
Annual Deaths from Noncommunicable Diseases (WHO) 41 million (74% of global deaths)
Adoption of Digital Healthcare by Providers (2023, NIH) 80%
U.S. Government Investment in Healthcare IT (2022, HHS) USD 400 million
Improvement in Rural Healthcare Outcomes (EUPHA) 15%

Population health management (PHM) encompasses software and services designed to enhance patient care while reducing healthcare costs.

These solutions are widely adopted by governments and healthcare organizations to address communicable and noncommunicable diseases, with a focus on prevention.

The World Health Organization (WHO) highlights that noncommunicable diseases claim 41 million lives annually, representing 74% of global deaths.

The market is witnessing substantial growth, driven by the increasing adoption of digital technologies in healthcare.

Studies have reported that, by 2023, over 80% of healthcare providers globally had integrated digital solutions to improve patient satisfaction and healthcare delivery.

This surge is supported by government investments, such as the USD 400 million allocated by the U.S. Department of Health and Human Services (HHS) in 2022 for healthcare IT systems.

PHM solutions also enhance workflow automation, coordination, and clinical outcomes.

The World Bank, in a 2022 report on integrated PHM platforms, demonstrated how these tools reduced the burden on hospitals during the COVID-19 pandemic by enabling remote patient monitoring and resource management.

Organizations like the European Public Health Association (EUPHA) have recognized the potential of PHM in addressing healthcare disparities, with nations adopting PHM strategies observing a 15% improvement in rural healthcare outcomes.

Market Trends

Trend Supporting Data
Prevalence of Chronic Diseases (CDC) 6 out of 10 U.S. adults have at least one chronic illness
Cost Reduction with PHM (AHA, 2022) 20% decrease in healthcare costs among value-based care programs
Telehealth Utilization (World Bank) Expanded access to underserved populations; improved public health systems

Increasing Cases of Chronic Diseases


Chronic illnesses have emerged as a key driver for the adoption of population health management (PHM) systems, as they pose a growing burden on healthcare systems worldwide.

According to the Centers for Disease Control and Prevention (CDC), approximately 6 out of 10 adults in the U.S. suffer from at least one chronic condition. PHM systems play a crucial role in managing patient data, aiding in both the prevention of diseases and the care of affected individuals.

Rising Healthcare Costs

Escalating healthcare costs are prompting institutions globally to implement advanced PHM technologies. These systems improve population health through data-driven strategies, enabling proactive care that optimizes health outcomes while reducing expenses.

The American Hospital Association (AHA) reported that the adoption of PHM platforms in 2022 led to a 20% reduction in healthcare costs for healthcare systems engaged in value-based care programs.

Expanding Use of Telehealth


The integration of telehealth with PHM platforms has accelerated significantly. These combined solutions provide unified analytics that enhance decision-making for patients, care managers, and providers alike. A report by the World Bank emphasizes that telehealth utilization strengthens health systems, supports public health, and extends care to underserved populations.

Regional Insights

Region Highlights
North America – Dominated the market in 2023
50% of U.S. healthcare organizations implemented EHRs (CDC, 2023)
USD 196.1 billion healthcare investment by Canada (2023)
Asia Pacific – Fastest-growing market
USD 1 billion World Bank loan for India’s healthcare infrastructure (2022)

North America is Leading the Market

North America dominated the population health management market in 2023, driven by the widespread adoption of advanced healthcare technologies and supportive regulatory frameworks.

The Centers for Disease Control and Prevention (CDC) reported that more than 50% of healthcare organizations in the U.S. had implemented electronic health records (EHRs) that seamlessly integrate PHM systems.

Additionally, the American Medical Association (AMA) highlighted the growing adoption of value-based care models, further boosting PHM solution usage.

Government investments also played a significant role; for instance, in February 2023, the Canadian government announced an investment of USD 196.1 billion over 10 years, including USD 46.2 billion in new funding to support healthcare across provinces and territories.

Asia is The Fastest Growing Region


Asia Pacific is anticipated to experience the fastest growth in the PHM market during the forecast period, fueled by government initiatives to strengthen healthcare infrastructure. In 2022, the World Bank approved a USD 1 billion loan to support India’s Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission.

Additionally, the region’s rapidly increasing population and the emphasis on digitizing healthcare systems are key factors driving market growth.

References

  1. Centers for Disease Control and Prevention (CDC). Chronic Disease Overview. CDC Website
  2. World Health Organization (WHO). Noncommunicable Diseases Factsheet.ย  WHO Website
  3. National Institutes of Health (NIH). Digital Healthcare Integration Report, 2023. NIH Website
  4. American Hospital Association (AHA). Costs of Caring: Value-Based Care Impact.ย  AHA Website
  5. U.S. Department of Health and Human Services (HHS). Healthcare IT Investment Report, 2022.ย  HHS Website
  6. World Bank. Integrated Population Health Management Platforms Report, 2022.ย  World Bank Documents
  7. European Public Health Association (EUPHA). Addressing Healthcare Inequalities through PHM Strategies. EUPHA Website
  8. Canadian Government. 2023 Healthcare Investment Announcement.ย  Canada.ca
  9. IMRC Group. Population Health Management Market Study, 2024.ย  IMRC Group Website
  10. World Bank. Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission Loan Report, 2022. World Bank India Health Infrastructure Mission