Global Patient Engagement Solutions Market Share is valued at USD 9.03 Billion in 2018 and expected to reach USD 26.67 Billion by 2025 with the CAGR of 16.73% over the forecast period.
Increasing need for data oriented decision making solutions, rising geriatric population, surge in incidences of chronic disease with growing demand for self-healthcare are the major factors fuelling the growth of the Global Patient Engagement Solutions Market.
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Scope of Global Patient Engagement Solutions Market Report–
Patient engagement refers to encourage patients in their own care to improve health outcomes by achieving lower costs. Patient Engagement Solutions help the patients to increase their healthcare knowledge to become actively engaged in their health related activities and healthcare choices which lead to the improvements in care and fewer emergency room visits.
Healthcare providers can make better decisions by engaging with patients in the decision making process and these solutions assist in improving the patient-provider relationship. Patient engagement apps ensure synchronization with various health tracking tools such as wearable technologies. These solutions have potential to give its patients access to their health information and send reminders to attend appointments. Using patient engagement platform healthcare providers can send healthcare tips, prescription refill reminders and post diagnosis notes to their patients.
Key Players for Global Patient Engagement Solutions Market Report–
Key players of the patient engagement solutions market are Allscripts, Cerner Corporation, IBM, Epic Systems, McKesson Corporation, Medecision, Athenahealth, Healthagen, GetWell Network, Lincor Solutions, Orion Health and others.
Key Benefits for Global Patient Engagement Solutions Market Report–
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Patient Engagement Solutions Market Dynamics-
Increasing need for data oriented decision making solutions, rising geriatric population, surge in incidences of chronic disease with growing demand for self-healthcare to ensure quality of life in every stages are some of the major factors driving the growth of patient engagement solutions market.
Today’s health systems throughout the world are looking for new and advanced healthcare solutions to make their services more responsive to patients and efficiently addresses public’s health needs. For example; chronic diseases affect nearly 133 million Americans which are more than 40% of the total population of this country. By the end of 2020, this figure is expected to increase to an estimated 157 million with 81 million with multiple conditions.
However, continued reliance on mail and telephone contact information and high cost of implementation may limit the growth of the patient engagement solutions market.
Global Patient Engagement Solutions Market Segmentation:–
By Product:
- Web-based
- Cloud-based
- On-premise
By Application:
- Health Management
- Social and Behavioral Management
- Home Health Management
- Financial Health Management
By Component:
- Software
- Service
- Hardware
By Regional & Country Analysis:
- North America
- US.
- Canada
- Europe
- UK.
- France
- Germany
- Italy
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
North America is Expected to Dominate the Global Patient Engagement Solutions Market
North America is expected to dominate the patient engagement solutions market due to increased healthcare expenditure on delivery based models, rising incidences of chronic cases and growing demand for better patient management services in this region. The aging of the U.S. population and healthcare providers are seeking new ways to adapt advanced healthcare systems with value added services that will eventually drive the growth of this market in North America. Asia pacific is emerging as the fastest growing region in patient engagement solutions market owing to the increasing burden of cancer coupled with awareness about better treatment and earl diagnosis in this region.
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