Patient Engagement Solution Market - Size, Share, Outlook, and Opportunity Analysis

Patient Engagement Solutions (PES) combines a patient’s knowledge, skills, ability, and willingness to manage own health with communications from health provider designed to promote positive behaviors. For instance, if patient is suffering from cardiovascular disease, patient engagement solution takes effort to remind patient about of why, when, how, and where they can get relevant care for CVD, which in turn allows patients to control disease and avoid adverse events.

These solutions allow active participation of patient in management of their health due to increased understanding and knowledge about his/her health, which in effect also helps the better healthcare delivery by physician resulting into reduced cost and timing of treatment. This also helps physician to maintain patient base due to continuous engagement with patient. Furthermore, it assists healthcare organizations to share important health information with patients, educate them about their health conditions, and track progress and outcomes outside the facility walls thereby facilitating chronic disease management, care transitions, and readmissions rate reductions. Moreover, PES provides important health alerts and self-management action plans to patients, their health providers, and family caregivers with the help of relevant personal health information

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Patient engagement solution allows healthcare organization to obtain Accountable Care Organizations designation(which provides quality care at low cost by avoiding unnecessary spending and reducing medical error) by addressing various obstacle in patient engagement such as addressing data lag, closing care gap, and reporting patient progress.

Patient Engagement Solution Market-Market Dynamics

Patient engagement solutions market is expected to witness upward growth during forecast period due to rising prevalence of chronic disease worldwide. Chronic disease such as cancer, cardiovascular disease, diabetes, asthma (chronic lung disease) results into significant deaths each year. According to World Health Organization data (WHO) in 2017, around 40 million people die annually due to chronic disease, which accounts for 70% of all deaths worldwide. Cardiovascular diseases are responsible for 17.7 million death annually, followed by cancers (8.8 million deaths), respiratory diseases (3.9million deaths), and diabetes (1.6 million deaths). Patient engagement solutions benefits the better clinical management of this disease by engaging patient about their health and in turn maintaining patient base for hospital or clinic.

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