Pune, May 15, 2023 (GLOBE NEWSWIRE) -- “The Patient Engagement Solutions Market had a value of USD 19.45 billion in 2022 and is predicted to reach USD 69.25 billion by 2030, with an anticipated growth rate of 17.2% during the forecast period of 2023-2030, as per the report by SNS Insider.”
Market Overview
Patient engagement solutions are particularly relevant in today's healthcare landscape, where patient-centered care is becoming increasingly important. By promoting patient engagement and collaboration, healthcare providers can enhance the quality of care and build stronger relationships with their patients. As healthcare technology continues to evolve, patient engagement solutions are expected to become more sophisticated and widespread, providing patients with new and innovative ways to take control of their health and well-being.
Market Analysis
Supportive initiatives by key market stakeholders such as governments and healthcare organizations have further fueled the growth of the patient engagement solutions market. Initiatives such as the Meaningful Use program in the United States have incentivized the adoption of EHRs, while the increasing focus on value-based care has led to a greater emphasis on patient engagement. Another important factor driving the market is consumerism in healthcare. Patients are increasingly viewing healthcare as a service and are demanding a more patient-centered approach. This has led to the development of solutions that empower patients to take an active role in their health management and decision-making.
Get a Sample Report of Patient Engagement Solutions Market@ https://www.snsinsider.com/sample-request/1782
Key Company Profiles Listed in this Report are:
- Allscripts Healthcare, LLC
- Cerner Corporation (Oracle)
- Epic Systems Corporation
- Koninklijke Philips N.V.
- Klara Technologies, Inc.
- McKesson Corporation
- NextGen Healthcare Inc.
- ResMed & Other Players
Impact of Recession on Patient Engagement Solutions Market 2023
During a recession, there may be a reduction in the availability of funding for healthcare technology startups and smaller companies that specialize in patient engagement solutions market. This can impact innovation and slow down the development of new and more advanced solutions. Despite these challenges, there may also be some opportunities for patient engagement solutions during a recession. For example, as individuals become more cost-conscious, they may be more likely to seek out ways to improve their health outcomes and reduce their healthcare costs. This could lead to an increase in demand for patient engagement solutions that provide patients with the tools and resources they need to manage their health more effectively.
Patient Engagement Solutions Market Report Scope:
| Report Attributes | Details |
| Market Size in 2022 | US$ 19.45 Billion |
| Market Size by 2030 | US$ 69.25 Billion |
| CAGR | CAGR of 17.2% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Patient Engagement Solutions Market: Key Segmentation | • By Delivery Type ( On-premise, Web & Cloud-based) • By Component Type (Software & Hardware, Services, Standalone, Consulting, Integrated, Support & Maintenance, Implementation & Training, Others) • By Functionality (Health Tracking & Insights, Patient Education, Communication, Administrative, Billing & Payments, Others) • By Therapeutic Area (Chronic Disease Management, Health & Wellness, Others) • By Application (Population Health Management, In-patient Health Management, Outpatient Health Management, Others) • By End-user (Providers, Payers, Others) |
| Key Regional Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Key Regional Developments
The rising awareness level among patients and healthcare providers regarding the benefits of patient engagement solutions is driving patient engagement solutions market growth in North America. Governments in the region are also actively investing in the healthcare sector, further accelerating the adoption of these solutions. With the growing demand for patient engagement solutions, the healthcare industry is witnessing a shift towards a patient-centric approach to care. By leveraging these solutions, healthcare providers can improve patient outcomes, reduce healthcare costs, and enhance patient satisfaction levels.
Need any customization research study on Patient Engagement Solutions Market? Enquiry Now@ https://www.snsinsider.com/enquiry/1782
Key Takeaway from Patient Engagement Solutions Market Study
- The on-premise segment is expected to dominate the market. This segment involves the deployment of patient engagement solutions within the premises of healthcare providers, giving them complete control over the management and security of patient data.
- The health tracking and insights segment is poised to dominate the market. This sector is expected to experience significant growth in the coming years due to increasing demand for personalized healthcare and patients' desire to take control of their own health.
Recent Developments Related to Patient Engagement Solutions Market
- Engage Technologies Group and APX Platform have announced their merger to create a comprehensive, full-service medical practice management solution. The merger will bring together the strengths of both companies to provide healthcare organizations with a complete suite of tools and services to streamline their operations and improve patient care.
- Kyruus, a leading provider of patient access and provider network management solutions, has announced the acquisition of Epion Health, a top digital patient engagement company. The acquisition will allow Kyruus to expand its offerings and provide more comprehensive patient access and engagement solutions to healthcare organizations.
Table of Contents
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Patient Engagement Solutions Market Segmentation, By Delivery Type
9. Patient Engagement Solutions Market Segmentation, By Component Type
10. Patient Engagement Solutions Market Segmentation, By Functionality
11. Patient Engagement Solutions Market Segmentation, By Application
12. Patient Engagement Solutions Market Segmentation, By End-user
13. Patient Engagement Solutions Market Segmentation, By Therapeutic Area
14. Regional Analysis
15 Company Profiles
16 Competitive Landscape
17 Conclusion
Buy Single-User PDF of Patient Engagement Solutions Market Report 2023-2030@ https://www.snsinsider.com/checkout/1782
[For more information mail us at info@snsinsider.com]
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominate the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
Access Complete Report Details@ https://www.snsinsider.com/reports/patient-engagement-solutions-market-1782
