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Patient Engagement Technology Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Patient Engagement Technology Market
The patient engagement technology market has grown significantly in recent years. It will increase from $7.06 billion in 2024 to $7.47 billion in 2025, at a CAGR of 5.8%. This growth can be attributed to the implementation of government regulations promoting patient-centric care, the high demand for patient engagement solutions post-pandemic, the increased use of mobile health apps, rising healthcare collaborations, and the growing utilization of telehealth services.
The patient engagement technology market is set to experience strong growth, projected to reach $9.39 billion by 2029 with a CAGR of 5.9%. This growth is due to the shortage of qualified IT professionals, protection of patient information, technological advancements, demand for patient engagement solutions, and the rising adoption of EHR and mHealth solutions. Major trends include the rise of telehealth services, patient-centered healthcare, partnerships among healthcare stakeholders, and the increasing prevalence of chronic diseases.
What Are the Primary Growth Drivers for the Patient Engagement Technology Market?
The growing need for remote care is expected to stimulate the expansion of the patient engagement technology market. Remote care refers to the ability of patients to access healthcare services from home without visiting healthcare facilities in person. This accessibility enhances convenience and promotes higher patient participation in their healthcare. For example, in February 2023, Rock Health, a US-based healthcare organization, reported that 80% of respondents had used telemedicine at some point, up from 72% in 2021. Additionally, 82% of respondents in 2022 reported using telemedicine, marking a 9% increase from 2021. Thus, the growing demand for remote care is fueling the patient engagement technology market.
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Who Are the Dominant Companies Influencing Patient Engagement Technology Market Trends?
Major companies operating in the patient engagement technology market are Mckesson Corporation, Johnson and Johnson, The International Business Machines Corporation, Oracle Corporation, Medtronic Plc, Northwell Health, IQVIA, Cerner Corporation, Epic Systems Corporation, Palantir Technologies, Athenahealth Inc, eClinical Works LLC, Allscripts Healthcare Solutions Inc., Computer Programs and Systems Inc., Medical Information Technology Inc., Medecision Inc., PATIENTPOINT LLC, MEDHOST, Orion Health Limited, GetWellNetwork Inc., HealthHub Patient Engagement Solutions, DrChrono Inc., Luma Health Inc., Lincor Solutions Ltd., CipherHealth Inc., Phytel Inc., Oneview Healthcare Plc, SONIFI Health Incorporated., Get Real Health, WelVU Inc., Yourcareuniverse Inc.
How Is the Patient Engagement Technology Market Evolving?
Companies operating in the patient engagement technology market are focusing on developing AI-powered platforms like ZAIDYN Connected Health to increase their market share. ZAIDYN Connected Health is a platform designed to support pharmaceutical firms, healthcare providers, and payers in healthcare innovation. For example, in October 2023, ZS Associates, a US-based management consulting services company, introduced ZAIDYN Connected Health to promote medication adherence, track chronic illnesses, and enable early intervention in case of complications. This system employs remote patient monitoring to collect health data, enabling healthcare stakeholders to close treatment gaps and address patient needs more effectively.
What Are the Different Segmentations in the Patient Engagement Technology Market?
The patient engagement technology market covered in this report is segmented -
1) By Type: Hardware, Software, Services
2) By Delivery Mode: Web-Based And Cloud-Based, On-Premise
3) By Application: Health Management, Social Management, Home Healthcare Management, Financial Health Management
4) By End User: Providers, Payers, Patients
Subsegments:
1) By Hardware: Patient Kiosks, Wearable Devices, Tablets And Mobile Devices, Telehealth Equipment
2) By Software: Patient Portal Software, Mobile Health Applications, Communication And Messaging Platforms, Telemedicine Software, Analytics Tools
3) By Services: Consulting Services, Implementation Services, Training And Support Services, Engagement Strategy Development
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Which Region Is at the Forefront of the Patient Engagement Technology Market?
North America was the largest region in the patent engagement technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient engagement technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Patient Engagement Technology Global Market Report?
- Market Size Analysis: Analyze the Patient Engagement Technology Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Patient Engagement Technology Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Patient Engagement Technology Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Patient Engagement Technology Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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