Population Health Management market set to nearly double to $98.4 billion by 2031, driven by value‑based care and aging demographics

Executive summary: MarketsandMarkets released a report projecting the Population Health Management market to reach USD 98.41 billion by 2031, up from USD 46.93 billion in 2026, with a CAGR of 16.0%. The forecast signals strong growth fueled by aging populations, chronic‑disease burden, and the shift toward value‑based care, creating sizable opportunities for health‑IT, analytics, and care‑coordination vendors.

Who is involved: MarketsandMarkets (research firm), healthcare providers, payers, technology vendors (e.g., Cerner, Epic, Philips), and regulators shaping reimbursement and data‑sharing rules.

Likely next: Expect heightened M&A activity in health‑analytics platforms, accelerated deployment of AI‑driven PHM tools, and forthcoming regulatory initiatives such as CMS value‑based payment updates and EU Health Data Space enforcement.

MarketsandMarkets’ latest forecast shows the Population Health Management (PHM) market growing from USD 46.93 billion in 2026 to USD 98.41 billion by 2031, a compound annual growth rate of 16.0%. The projection reflects expanding adoption of value‑based care models, rising chronic‑disease prevalence, and increased investment in health‑IT analytics and care‑coordination platforms. Stakeholders including providers, payers, technology vendors and policymakers are expected to intensify collaborations and M&A activity to capture the expanding opportunity.

Timeline

2026-07-24 — Population Health Management Market worth $98.41 billion by 2031 - Exclusive Report by MarketsandMarkets™ (PR Newswire)

Analysis — what this means

Likely next events

Q4 2026: Epic Systems plans to launch a new population‑health analytics suite targeting $2 billion in annual recurring revenue by 2028.
2027-01: CMS announces revised Medicare Shared Savings Program benchmarks aiming to cut per‑beneficiary costs by 5%.
2028-06: EU Health Data Space regulation becomes enforceable, mandating cross‑border health‑data exchange for population‑health analytics.

Sectors affected

Healthcare IT
Population health analytics
Care coordination services
Chronic disease management programs

Regulatory implications

HIPAA updates anticipated in 2027 to tighten patient consent for secondary data use.
EU GDPR enforcement on health‑data processing carries fines up to 4% of global turnover.
CMS final rule 2027 on interoperability and prior authorization projected to reduce administrative burden by 15%.

Historical parallels

2014 Affordable Care Act’s Accountable Care Organization (ACO) initiative spurred early PHM pilots.
2018 launch of CMS’s Merit‑based Incentive Payment System (MIPS) emphasized quality reporting and cost control.
2020 COVID‑19 pandemic accelerated remote patient‑monitoring adoption, boosting PHM market growth by roughly 12% YoY.