Press release
Strong Growth Ahead: Patient Engagement Technology Market Size To Grow At Arecord 5.9% Cagr By 2029
Patient Engagement Technology Market
How Big Is the Patient Engagement Technology Market Size Expected to Be by 2034?
The market size of patient engagement technology has seen robust growth in the past few years. It is set to expand from $7.06 billion in 2024 to $7.47 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.8%. This impressive growth in the historical period is primarily due to the establishment of government protocols and initiatives that encourage patient-focused care, a surge in demand for patient engagement solutions in the wake of the pandemic, the increased adoption of mobile health applications, a growing number of collaborations and partnerships within healthcare stakeholders, and the expanding use of telehealth services.
Expected advancements in the patient engagement technology sector should lead to a significant market expansion in the coming years. The market value is projected to reach $9.39 billion by 2029, expanding at a compound annual growth rate (CAGR) of 5.9%. Factors attributing to the expansion during this forecast period include a shortage of proficient IT professionals, the need for patient data security, emerging technological advancements, an escalating demand for patient engagement solutions, as well as a rising inclination towards EHR and mHealth solutions. Prominent trends during this period include an increasing use of telehealth services, a transition towards patient-focused healthcare, a growing number of collaborations and alliances amongst healthcare stakeholders, and a surge in the prevalence of chronic diseases.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14156
What Are the Emerging Segments Within 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
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14156&type=smp
What Long-Term Drivers Are Shaping Patient Engagement Technology Market Trends?
The surge in desires for remote healthcare services is predicted to boost the expansion of the patient engagement technology market. The need for remote care relates to the escalating necessity and anticipation for healthcare services that can be received distantly, eliminating the requirement for face-to-face visits to health clinics. Remote healthcare allows patients to approach healthcare services from their residences. This augmented accessibility and convenience culminate in elevated patient engagement, as people are more prone to dynamically partake in their healthcare when it is accessible and simplified. For example, a study conducted by Rock Health, a healthcare organization based in the US, in February 2023, revealed that 80% of all participants had utilized telemedicine services at some juncture, an increase of eight individuals from 72% in 2021. Additionally, a 9-person increase in telemedicine usage was reported by 82% in 2021, compared to the previous year. Hence, the burgeoning demands for remote care are fueling the expansion of the patient engagement technology market.
Who Are the Top Competitors in Key Patient Engagement Technology Market Segments?
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.
What Patient Engagement Technology Market Trends Are Gaining Traction Across Different Segments?
Leading corporations in the patient engagement technology market are leveraging cutting-edge technologies, such as ZAIDYN Connected Health, to augment their market earnings. ZAIDYN Connected Health is an AI-enabled platform crafted to support pharmaceutical firms, healthcare providers, and payers in contributing innovative solutions to the healthcare sector. For instance, ZS Associates, a US-based business consulting service company, launched this connected health technology in October 2023, to encourage medication compliance, manage chronic diseases, and facilitate early intervention in case of complications. The technology enables remote monitoring of patient health data, helping healthcare sector stakeholders identify gaps in treatment strategies and unmet patient requirements.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/patient-engagement-technology-global-market-report
Which Regions Are Becoming Hubs for Patient Engagement Technology Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Patient Engagement Technology Market?
2. What is the CAGR expected in the Patient Engagement Technology Market?
3. What Are the Key Innovations Transforming the Patient Engagement Technology Industry?
4. Which Region Is Leading the Patient Engagement Technology Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Strong Growth Ahead: Patient Engagement Technology Market Size To Grow At Arecord 5.9% Cagr By 2029 here
News-ID: 4027268 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Patient
Patient Care Advocacy Market Is Going to Boom |• Patient Advocate Foundation â …
Worldwide Market Reports has added a new research study on "Patient Care Advocacy Market" is projected to experience substantial growth in the coming years. This report provides a comprehensive analysis of the market landscape using an integrated approach that includes research methodology, market size evaluation, data compilation, and insights gathered from multiple credible sources.
The study covers critical market elements such as market dynamics, drivers, restraints, challenges, threats, growth opportunities, development…
Patient Portal Market: Empowering Patient-Centric Healthcare
In recent years, the global Patient Portal Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Patient Portal Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Patient Portal Market: Empowering Patient-Centric Healthcare
In recent years, the global Patient Portal Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Patient Portal Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Future Growth: Patient Advocacy Solutions Market Sees Promising Growth in 2024 | …
The latest research study released by Worldwide Market Reports on "Patient Advocacy Solutions Market 2024" holds tons of experience in offering comprehensive and accurate analysis of global as well as regional markets. The analysts and researchers authoring the report have provided a deeper competitive analysis of the Patient Advocacy Solutions market along with exhaustive company profiling of leading market players. This research study of the Patient Advocacy Solutions Market involved…
Growing Demand For Patient Handling Equipment & Patient Positioning Devices To A …
As per Fact.MR, a market research and competitive intelligence provider, the global patient lateral transfer devices market is anticipated to top US$ 500 Mn by 2031, progressing at a CAGR of 7% over the forecast period of 2021 to 2031.
Lateral transfer is a repositioning aid or equipment that reduces friction and makes it easier and safer to transfer patients laterally.
Patient lateral transfer devices are designed to stay with the…
Patient Perspectives - Patient Reported Outcomes Drive Drug Development, But Imp …
GBI Research, the leading business intelligence provider, has released its latest research, Patient Perspectives Patient Reported Outcomes Drive Drug Development, but Improving Patient Involvement Remains a Challenge. The report examines the role of patients in changing the research agenda and helping pharma companies to bring effective medicines that meet real unmet medical needs into the market place. It explores the use of patient reported outcomes in drug development, with a…
