Press release
Patient Engagement Solutions Market Size to Reach $69.25 Billion by 2030, Driven by Growing Adoption of Digital Healthcare Technologies
The global patient engagement solutions market is projected to reach $69.25 billion by 2030, according to a new report by SNS Insider. The market is expected to grow at a CAGR of 17.2% from 2023 to 2030, driven by the increasing prevalence of chronic diseases, the rising demand for patient-centered care, and the growing adoption of digital healthcare technologies.Patient engagement solutions are software and services that help healthcare providers to improve communication and collaboration with patients, as well as to provide patients with access to educational resources and tools to manage their health. These solutions can help to improve patient outcomes, reduce healthcare costs, and improve the patient experience.
Competitive Landscape
The global patient engagement solutions market is highly competitive. The key players in the market include Allscripts Healthcare, LLC, Cerner Corporation (Oracle), Epic Systems Corporation, Koninklijke Philips N.V., Klara Technologies, Inc., McKesson Corporation, NextGen Healthcare Inc., ResMed, and other players. These players are focusing on developing innovative patient engagement solutions, expanding their geographic reach, and acquiring smaller players to gain a competitive edge.
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Market Segmentation
The global patient engagement solutions market is segmented by Delivery Type, Component Type, Functionality, Therapeutic Area, Application, End-user. The Component segment is expected to be the largest segment of the market during the forecast period. This is due to the increasing demand for cloud-based patient engagement solutions that are easy to use and scalable.
Patient Engagement Solutions Market Segmentation as Follows:
By Delivery Type
On-premise
Cloud-based
By Component Type
Software & Hardware
Integrated
Standalone
Services
Consulting
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
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Key Drivers:
The increasing prevalence of chronic diseases is one of the key drivers of the patient engagement solutions market. Chronic diseases such as diabetes, heart disease, and cancer are a major burden on healthcare systems around the world. Patient engagement solutions can help patients to manage their chronic diseases more effectively, which can lead to better patient outcomes and lower healthcare costs.
The rising demand for patient-centered care is another driver of the patient engagement solutions market. Patients are increasingly demanding a more active role in their healthcare, and patient engagement solutions can help to give patients the information and tools they need to make informed healthcare decisions.
The growing adoption of digital healthcare technologies is also driving the patient engagement solutions market. Digital healthcare technologies such as smartphones, tablets, and wearable devices are making it easier for patients to access healthcare information and services. Patient engagement solutions can help to leverage these technologies to improve communication and collaboration between patients and healthcare providers.
Regional Analysis
The North America region is expected to be the largest market for patient engagement solutions during the forecast period. This is due to the early adoption of patient engagement solutions in the region, the high prevalence of chronic diseases, and the rising cost of healthcare.
Table of Content
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Market Dynamics
Chapter 4. Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)
Chapter 5 Value Chain Analysis
Chapter 6 Porter's 5 forces model
Chapter 7 PEST Analysis
Chapter 8 Patient Engagement Solutions Market Segmentation, By Delivery Type
Chapter 9 Patient Engagement Solutions Market Segmentation, By Component Type
Chapter 10 Patient Engagement Solutions Market Segmentation, By Functionality
Chapter 11 Patient Engagement Solutions Market Segmentation, By Therapeutic Area
Chapter 12 Patient Engagement Solutions Market Segmentation, By Application
Chapter 13 Patient Engagement Solutions Market Segmentation, By End-user
Chapter 14 Regional Analysis
Chapter 15 Company profile
Chapter 16 Competitive Landscape
Chapter 17 Use Case and Best Practices
Chapter 18 Conclusion
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Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Website: https://www.snsinsider.com/
About US:
SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.
We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities.
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