Press release
Patient Engagement Solutions Market Valued at USD 17.30 Billion in 2022, Expected to Grow at a CAGR of 10%
Patient Engagement Solutions Market
This market research report employs a rigorous methodology to provide an accurate assessment of the Patient Engagement Solutions Market. The analysis is grounded in actual data from market participants and regions, with special attention to the pivotal year of 2020 due to its pandemic-related impact.
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What are Patient Engagement Solutions Market Dynamics?
Market Drivers:
M-Health App Adoption: Patient engagement solutions are benefiting from the increasing use of mobile health apps and technologies.
Enhanced Patient Outcomes: These solutions contribute to better health outcomes and personalized patient care.
Government Initiatives: Government policies and programs, such as the CARES Act, are advancing patient-centered care and encouraging the use of healthcare IT solutions.
Market Restraints:
High IT Infrastructure Costs: Installation, maintenance, and updates of expensive healthcare IT systems pose challenges for businesses.
Cloud Migration Challenges: Transitioning to cloud-based patient engagement systems requires adjustments to existing IT architecture.
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Patient Engagement Solutions Market Segmentation?
Delivery Type: Cloud-based deployment is projected to grow at a CAGR of 15.4%, driven by the adoption of cloud technology for intuitive, real-time patient engagement solutions.
Application: Patient engagement solution software revenue increased by 9.9% in 2022, with strong demand expected to continue, driven by an annual growth of 12.5% for solutions and standalone software adoption.
Components: Home healthcare management is expected to grow at a high CAGR of 16.5% due to its benefits in enabling remote patient interactions and data exchange.
by Delivery Type
Web & Cloud-based
On-premise
by Application
Health Management
Social Management
Home Healthcare Management
Financial Health Management
Others
by Component
Software
Services
by End-User
Payers
Provider
Other
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Who are Patient Engagement Solutions Market Key Players?
1. IBM (US)
2. McKesson Corporation (US)
3. Allscripts (US)
4. Cerner Corporation (US)
5. Epic Systems Corporation (US)
6. Orion Health (New Zealand)
7. GetWellNetwork (US)
8. Oneview Healthcare (Ireland)
9. Meditech (US)
10. Cognizant (US)
11. Symphony Care (US)
12. Harris Healthcare (US)
13. Get Real Health (US)
14. Kareo (US)
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Table of content for the Patient Engagement Solutions Market includes:
Global Patient Engagement Solutions Market : Research Methodology
Global Patient Engagement Solutions Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Patient Engagement Solutions Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Patient Engagement Solutions Market Segmentation
Global Market, by Conveyor Type (2021-2029)
Global Market, by Location (2021-2029)
Global Market, by End Users (2021-2029)
Global Regional Patient Engagement Solutions Market (2021-2029)
Regional Market, by Conveyor Type (2021-2029)
Regional Market, by Location (2021-2029)
Regional Market, by End Users (2021-2029)
Regional Market, by Country (2021-2029)
Global Company Profile: Key players
Company Overview by Country
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
North America: Leading with a revenue share of 35% in 2022, North America benefits from early technology adoption, substantial investments in patient engagement software, and growing awareness of healthcare IT solutions.
Europe: With a 2022 revenue share of the second-largest proportion, Europe benefits from publicly supported healthcare systems like the National Health Services (NHS) in the U.K.
Asia Pacific: Anticipated to grow at a lucrative rate of 18.8%, this region benefits from factors such as a large patient population, improving healthcare infrastructure, rising smartphone and internet usage, and local market players.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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