Press release
Patient Engagement Solutions Market to Reach US$ 56.33 Billion during the Forecast Period, 2021-2028| TMR Study
Patient Engagement Solutions
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.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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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.
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ญ๐ข๐๐ง๐ญ-๐๐๐ง๐ญ๐ซ๐ข๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐ซ๐ข๐ฏ๐๐ฌ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
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.
๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐:
Cerner Corporation,Phytel, Inc.,Axial Exchange,Orion Health,Emmi Solutions LLC,Athenahealth, Inc.,GetWellNetwork, Inc.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Delivery Mode
Self-hosted
Software as a Service (SaaS)
Application Managed Services
End-user
Hospitals & Providers
Healthcare Payers
Pharmaceutical Companies
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ:
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.
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
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๐๐๐ฅ๐-๐ก๐จ๐ฌ๐ญ๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
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.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
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.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
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.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐จ๐จ๐ฆ๐ข๐ง๐ ๐๐ฅ๐๐๐ฉ ๐๐ฉ๐ง๐๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ- 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
๐๐๐๐ฒ & ๐๐ซ๐๐ ๐ง๐๐ง๐๐ฒ ๐๐ค๐ข๐ง๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ- 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
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ:
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