Emerging Trends to Drive Patient Engagement Solutions Market Growth at 18.2% CAGR Through 2029

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Patient Engagement Solutions Market Size Growth Forecast: What to Expect by 2025?_x000D_
Over the recent years, there has been a notable expansion in the market size for patient engagement solutions. Projections indicate a growth from $23.04 billion in 2024 to $25.87 billion in 2025, representing a compound annual growth rate (CAGR) of 12.3%. Factors such as a shift towards value-based care, patient education and empowerment, emphasis on preventive healthcare, customization of health plans and care journeys, and strategies for population health management have been instrumental in driving growth during the historic period._x000D_
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How Will the Patient Engagement Solutions Market Size Evolve and Grow by 2029?_x000D_
The market size of patient engagement solutions is anticipated to witness significant expansion in the upcoming years. The market value is projected to attain a size of $50.43 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 18.2%. This anticipated growth during the forecast period is attributed to the adoption of remote patient monitoring, personalized medication, patient-reported results, emphasis on health literacy, the application of data analytics for management of population health, implementation of precision medicine strategies, concentration on health equity, and improved personalization via predictive analytics. Key trends for the forecast period include the incorporation of telehealth and remote monitoring, data interoperability, integration with Electronic Health Records (EHRs), two-way dialogue and teleconsultation, an emphasis on user-oriented design, and initiatives for patient education and health literacy._x000D_
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What Drivers Are Propelling the Growth of Patient Engagement Solutions Market Forward?_x000D_
The rise in chronic diseases has greatly boosted the evolution of the patient engagement solutions market. Patient engagement tools are essential in chronic disease control, as these individuals consistently keep a check on their health and slight alterations in their physical state. These solutions keep patients informed and involved with their healthcare program and ensure adherence to treatment pathways. This results in more compliant patients, heightened communication, advanced proactiveness, decreased expenses, and improved quality of healthcare. For instance, the World Health Organization, a Switzerland-based division of the United Nations, forecasted in February 2024 that there will be an expected 35 million new cancer cases by 2050, a rise of 77%, contrasted with the predicted 20 million cases in 2022. Therefore, the increasing prevalence of chronic diseases is anticipated to further fuel the expansion of the patient engagement solution sector during the forecast period._x000D_
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Which Emerging Trends Are Transforming the Patient Engagement Solutions Market in 2025?_x000D_
Technological advancements are becoming a critical trend in the patient engagement solutions realm. Numerous leading firms in the market are concentrating on delivering high-tech solutions incorporating cutting-edge features, including salesforce CRM, video API, text API, as well as AI and ML-powered patient engagement, in a bid to cement their stronghold in the industry. Take for example, UST, a U.S.-founded digital transformation solutions provider, and Well-Beat, an Israeli start-up that brings the human element to healthcare through behavioral AI. In March 2022 they collaborated to create a cloud-based patient engagement system that compiles patient histories from brief surveys, medical records, and connective hardware, providing intelligent pacing and a tailored patient experience._x000D_
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What Are the Key Segments in the Patient Engagement Solutions Market?_x000D_
The patient engagement solutionsmarket covered in this report is segmented - _x000D_
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1) By Component: Software And Hardware, Services_x000D_
2) By Delivery Type: Web And Cloud-Based, On-Premise_x000D_
3) By Application: Health Management, Home Health Management, Social and Behavioral Management, Financial Health Management_x000D_
4) By Therapeutic Area: Chronic diseases, Women's Health, Fitness, Other Therapeutic Areas_x000D_
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Subsegments:_x000D_
1) By Software And Hardware: Patient Portals, Mobile Health Applications, Remote Monitoring Devices, Wearable Devices, Telehealth Platforms, Electronic Health Records (EHR) Integration Tools _x000D_
2) By Services: Consulting Services, Implementation And Integration Services, Training And Education Services, Technical Support And Maintenance, Data Analytics And Reporting Services_x000D_
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Who Are the Key Players Shaping the Patient Engagement Solutions Market's Competitive Landscape?_x000D_
Major companies operating in the patient engagement solutions market include Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions Inc., McKesson Corporation, athenahealth Inc., International Business Machines Corporation, Medecision Inc., Orion Health Ltd., GetWellNetwork Inc., Oneview Healthcare PLC, Medical Information Technology Inc., IQVIA Holdings Inc., Computer Programs and Systems Inc., Cognizant Technology Solutions Corporation, Harris Computer Corporation, Kareo Inc., CureMD Healthcare Inc., eClinicalWorks LLC, AdvancedMD Inc., WellSky Inc., CipherHealth Inc., drchrono Inc., Luma Health Inc., PatientPoint LLC, Experian Health PLC, Agilon Health Inc., Medtronic plc, Physitrack Health Pty. Ltd. _x000D_
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What Geographic Markets Are Powering Growth in the Patient Engagement Solutions Market?_x000D_
North America was the largest region in the patient engagement solutions market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient engagement solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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