Patient Engagement Solutions Market to Reach US$ 56.33 Billion during the Forecast Period, 2021-2028| TMR Study

Transparency Market Research's most recent report on the global 𝐩𝐚𝐭𝐢𝐞𝐧𝐭 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐦𝐚𝐫𝐤𝐞𝐭, spanning from 2017 to 2028 for historical data and forecasting from 2021 to 2028, indicates that the surge in the quality of healthcare solutions and services, coupled with the growing adoption of electronic health records, is expected to propel the global market forward throughout the forecast period.

In 2020, the worldwide industry achieved a valuation of US$ 17.56 billion. Projections suggest it will experience a compound annual growth rate (CAGR) of 15.7% between 2021 and 2028, culminating in a value of US$ 56.33 billion by the close of 2028.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4506&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

Market analysts observe a notable trend in governmental initiatives worldwide, which involve the provision of subsidies and incentives to citizens. This trend is contributing to an uptick in demand for patient engagement solutions.

One of the key drivers propelling the global market forward is the increasing necessity for patient engagement and participation in the management of various health conditions. The fostering of meaningful interactions and collaboration between healthcare professionals and patients is expected to be a significant catalyst for the patient engagement solutions market throughout the forecast period.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐏𝐚𝐭𝐢𝐞𝐧𝐭-𝐜𝐞𝐧𝐭𝐫𝐢𝐜 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐃𝐫𝐢𝐯𝐞𝐬 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

Patient engagement solutions encompass a comprehensive array of healthcare services, healthcare information technology solutions, and accompanying hardware, all aimed at enhancing communication and information exchange between healthcare providers and patients. Key drivers such as the growing awareness of mobile health, escalating healthcare expenditure, and supportive regulatory frameworks are fostering opportunities within the market.

These solutions leverage patient-centric healthcare delivery systems to promote value-based care and enhance patient outcomes. By facilitating improved outreach and engagement with patients, fostering trust, enhancing communication between healthcare providers and patients, and bolstering patient adherence through automated reminders, patient engagement solutions play a pivotal role in advancing healthcare delivery.

Moreover, the expanding utilization of wearable healthcare trackers and the proliferation of mobile health applications are broadening the market's scope, further underscoring the significance and potential of patient engagement solutions in modern healthcare.

𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝:

Cerner Corporation,Phytel, Inc.,Axial Exchange,Orion Health,Emmi Solutions LLC,Athenahealth, Inc.,GetWellNetwork, Inc.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Delivery Mode

Self-hosted
Software as a Service (SaaS)
Application Managed Services

End-user

Hospitals & Providers
Healthcare Payers
Pharmaceutical Companies

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬:

Key drivers fueling the growth of the patient engagement solutions market include:

Rise in chronic diseases and the need for effective disease management.
Government initiatives to promote digital healthcare solutions.
Growing emphasis on patient-centered care and preventive medicine.
However, the market faces several challenges, including data security concerns, interoperability issues, and the digital divide among certain population segments.

𝐏𝐥𝐚𝐜𝐞 𝐚𝐧 𝐎𝐫𝐝𝐞𝐫 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.transparencymarketresearch.com/checkout.php?rep_id=4506<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

𝐒𝐞𝐥𝐟-𝐡𝐨𝐬𝐭𝐞𝐝 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

Self-hosted was the largest segment in terms of market share in 2020, as it is the most preferred delivery mode among end-users due to its robust functionality and flexibility

The self-hosted segment is expected to dominate the global market during the forecast period, owing to wide-scale deployment of patient engagement portals by most-large hospitals

Secured data transfer in terms of health records, payment modes, messaging, and others are vital aspects of the self-hosted delivery mode for patient engagement solutions. This can be attributed to security and ease of access of patient engagement portals.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Some notable trends shaping the patient engagement solutions market include:

Integration of artificial intelligence (AI) and machine learning (ML) technologies for personalized patient engagement.
Expansion of telehealth services and virtual care platforms.
Emphasis on user-friendly and accessible patient engagement tools.

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

The future of the patient engagement solutions market looks promising, with continued innovation and adoption of advanced technologies expected to drive growth. As healthcare systems worldwide strive to improve patient outcomes and reduce costs, patient engagement solutions will play an increasingly vital role in achieving these objectives.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐁𝐨𝐨𝐦𝐢𝐧𝐠 𝐒𝐥𝐞𝐞𝐩 𝐀𝐩𝐧𝐞𝐚 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/10/27/2543307/0/en/Booming-Sleep-Apnea-Devices-Market-to-Reach-US-14-7-Bn-during-the-Forecast-Period-notes-TMR-Study.html

𝐁𝐚𝐛𝐲 & 𝐏𝐫𝐞𝐠𝐧𝐚𝐧𝐜𝐲 𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/10/28/2543961/0/en/Baby-Pregnancy-Skincare-Products-Market-to-Gain-Value-of-US-13-5-Bn-by-2031-States-TMR-Study.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

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