Patient Engagement Solutions Market Size, Share, Growth Report 2030

Patient Engagement Solutions Market

Patient Engagement Solutions Market - by Component (Hardware, Software, and Services), by Delivery Mode (On-Premises and Cloud-Based), by Application (Health Management, Social and Behavioral Management, Home Health Management, and Financial Health Management), by Therapeutic Area (Chronic Diseases, Women's Health, Fitness, and Others), and by End-User (Providers, Payers, Individual Users, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 15-Apr-2019 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-4029 Status : Published

The global Patient Engagement Solutions market, which accrued revenue worth nearly USD 12.62 billion in 2018 and is slated to garner earnings worth USD 48.24 billion by 2025, is set to grow at a CAGR of 21.2% during the period from 2018 to 2025. The report offers valuation and analysis of the Patient Engagement Solutions market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information.

Patient Engagement Solutions Market

Patient Engagement Solutions Market: Overview

The global Patient Engagement Solutions market, which accrued revenue worth nearly USD 12.62 billion in 2018 and is slated to garner earnings worth USD 48.24 billion by 2025, is set to grow at a CAGR of 21.2% during the period from 2018 to 2025. The report offers valuation and analysis of the Patient Engagement Solutions market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. 

Patient Engagement Solutions Market: Introduction

Patient engagement services assist in effectively managing the healthcare data of the patients along with facilitating the interaction of the patients with the medical staff. Apart from this, these solutions offer optimal access to physicians along with personal healthcare information to the patients, thereby assisting them in taking effective self-care measures. The surge in patient outreach, enhanced healthcare quality, a lesser proportion of hospital readmission, reduced timespan of hospital stays, and lesser complications. Furthermore, patient engagement solutions share data & communication for aiding patients along with enhancing workflow proficiencies. It increases patient-physician interaction virtually as well as personally and reduces administrative charges along with assisting healthcare firms to impart effective diagnosis and high-quality healthcare services to the patients. Apart from this, it facilitates sharing of clinical summaries with subjects & healthcare staff along with providing the facility to patients pertaining to tracking of their personal information through quick accessing of electronic health records.

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Patient Engagement Solutions Market: Growth Drivers

Escalating trends of facilitating the utilization of mobile health apps as well as health data trackers for the patients for accessing personal healthcare records along with the need to increase patient engagement with healthcare firms will prompt the growth of the market over the forthcoming years. Strict execution of government laws along with the launching of new schemes promoting patient-centric healthcare activities will enlarge the scope of the market over the forecast timespan. Burgeoning demand for patient engagement solutions in the healthcare & medical sectors will steer the expansion of the patient engagement solutions industry over the ensuing years.

Furthermore, in 2020, EU health ministers signed a joint statement for setting up an eHealth common area for facilitating the mobility of electronic health records across the EU countries. The statement also ensures eHealth to be a major component of Europe 2020 blueprint. All such strategic moves will prompt the market surge over the upcoming years. Citing another instance, in the U.S., Affordable Care Act was introduced in 2010 and it has resulted in rising in the number of owners subscribing to patient engagement services. This, in turn, will further steer the business landscape over the forthcoming years.

North America To Establish Dominant Position In Market Over 2020-2026

The expansion of the market in the region over the estimated timeline is owing to large-scale acceptance of mHealth and electronic health records in the countries like the U.S. Apart from this, growing level of awareness along with huge government investments in the healthcare sector are predicted to drive the regional market trends. Additionally, wide acceptance of new healthcare technologies & patient-care systems in the medical industry will further leverage the growth of the industry across the region during the forecast timeline.

Key players influencing the growth of the market are Oneview Healthcare, Lincor Solutions, McKesson Corporation, Medecision, Inc., Allscripts, YourCareUniverse, IBM, Athenahealth, WelVU, Cerner Corporation, Orion Health, GetWellNetwork, Get Real Health, and Phytel, Inc.

This report segments the global patient engagement solutions market into:

Global Patient Engagement Solutions Market: By Component

  • Hardware
  • Software
    • Standalone Solutions
    • Integrated Solutions
  • Services
    • Consulting Services
    • Implementation Services
    • Training & Education Services
    • Others
      • Post-Sale and Maintenance Services
      • Advertising Services
      • Enrollment Services

Global Patient Engagement Solutions Market: By Delivery Mode

  • On-Premises
  • Cloud-Based

Global Patient Engagement Solutions Market: By Application

  • Health Management
  • Social and Behavioral Management
  • Home Health Management
  • Financial Health Management 

Global Patient Engagement Solutions Market: By End-User

  • Providers
    • Hospitals
    • Physicians
  • Payers
    • Private
    • Government
  • Individual Users
  • Others

Global Patient Engagement Solutions Market: By Therapeutic Area

  • Chronic Diseases

    • Diabetes
    • Cardiovascular Disease
    • Obesity (Weight Loss Management)
    • Others
  • Women's Health
  • Fitness
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Escalating trends of facilitating the utilization of mobile health apps as well as health data trackers for the patients for accessing personal healthcare records along with need to increase patient engagement with the healthcare firms will prompt the growth of the market over the forthcoming years. Strict execution of government laws along with the launching of new schemes promoting patient-centric healthcare activities will enlarge the scope of the market over the forecast timespan. Burgeoning demand for patient engagement solutions in the healthcare & medical sectors will steer the expansion of the patient engagement solutions industry over the ensuing years.

According to the report, the global patient engagement solutions market was valued at approximately USD 12.62 billion in 2018 and is expected to generate around USD 48.24 billion by 2025, at a CAGR of around 21.2% between 2019 and 2025.

North America is likely to make noteworthy contributions towards overall market revenue. The regional market growth over 2020-2026 can be credited to large-scale acceptance of mHealth and electronic health records in the countries like the U.S. Apart from this, growing level of awareness along with huge government investments in the healthcare sector are predicted to drive the regional market trends. Additionally, wide acceptance of new healthcare technologies & patient-care systems in the medical industry will further leverage the growth of the industry cross the region during the forecast timeline.

The key players profiled in the report include Oneview Healthcare, Lincor Solutions, McKesson Corporation, Medecision, Inc., Allscripts, YourCareUniverse, IBM, Athenahealth, WelVU, Cerner Corporation, Orion Health, Getwellnetwork, Get Real Health, and Phytel, Inc.

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