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.
Global Patient Engagement Solutions Market 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.
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.
Global Patient Engagement Solutions Market is segmented on the basis of product, component, application, and by region. Based on product, the market is segmented into web-based, cloud-based and on-premise. On the basis of application, the market is classified into health management, social and behavioral management, home health management and financial health management. Based on component, the market is segmented into software, service and hardware.
The regions covered in this patient engagement solutions market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of patient engagement solutions market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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.
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. In addition, transformation of new healthcare systems with value added services is also fostering the growth of this market. Patient engagement is highly implemented in healthcare industry which can send information through portals, delivering value to the patient and increasing the level of interaction. However, continued reliance on mail and telephone contact information and high cost of implementation may limit the growth of the patient engagement solutions market.
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. Asia accounted for half of the global burden of cancer, and the World Health Organization (WHO) reported that incidence will increase from about 6.5 million cases in 2012 to 10.7 million by the end of 2030. Breast cancer cases in Asia are expected to rise from nearly 650,000 cases in 2012 to about 921,000 in 2030.
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 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
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