According to the new market research report "Patient Engagement Solutions Market by Component (Software, Services), Delivery (On-Premise, Cloud), Therapy Area (CVD, Diabetes, Obesity, Fitness), Functionality (E-prescribing, Virtual care), End User (Provider, Payer, Patients) - Global Forecast to 2027", The global patient engagement solutions market is projected to reach USD 27.9 billion by 2027 from USD 17.3 billion in 2022, at a CAGR of 10.0% during the forecast period.
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The patient engagement solution market refers to the market for software and tools designed to actively involve patients in their healthcare journey, improve patient outcomes, and enhance the overall patient experience. These solutions leverage technology to empower patients with information, communication, and self-management tools, enabling them to take an active role in their own care.
Patient engagement solutions can encompass a wide range of applications and platforms, including:
Patient portals: Web-based platforms that provide patients with access to their medical records, lab results, appointment scheduling, and secure messaging with healthcare providers.
Mobile health (mHealth) apps: Smartphone applications that enable patients to track their health metrics, receive medication reminders, access educational resources, and communicate with healthcare professionals remotely.
Remote monitoring devices: Wearable devices, such as fitness trackers or smartwatches, that allow patients to monitor their vital signs, activity levels, and other health parameters. The data collected can be shared with healthcare providers for remote monitoring and intervention.
Patient education and engagement tools: Interactive educational resources, videos, and personalized care plans that educate and empower patients to manage their health conditions effectively.
Virtual care platforms: Telemedicine and telehealth platforms that facilitate remote consultations, video visits, and secure messaging between patients and healthcare providers, eliminating the need for in-person visits in certain situations.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.globenewswire.com/en/news-release/2022/06/10/2460626/0/en/Patient-Engagement-Solutions-Market-worth-27-9-billion-by-2027-Report-by-MarketsandMarkets.html
The patient engagement solution market has been growing rapidly in recent years, driven by several factors, including the increasing adoption of digital technologies in healthcare, the shift towards value-based care, and the growing emphasis on patient-centered care. These solutions hold the potential to improve patient satisfaction, reduce healthcare costs, enhance care coordination, and ultimately improve health outcomes.
The market is composed of various vendors, ranging from established healthcare technology companies to startups specializing in patient engagement solutions. Key players in the market include Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions, Inc., IBM Corporation, McKesson Corporation, and Athenahealth, among others.
Report Objectives
- To define, describe, and forecast the global patient engagement solutions market based on component, delivery mode, application, therapeutic area, functionality, end user, and region
- To provide detailed information regarding the major factors (such as drivers, restraints, opportunities, and challenges) influencing the market growth
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To strategically analyze the market structure and profile the key players of the market and comprehensively analyze their core competencies
- To forecast the size of the market segments with respect to four regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
- To track and analyze competitive developments such as product launches, acquisitions, partnerships, agreements, and collaborations in the patient engagement solutions market during the forecast period
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Company information
- Detailed analysis and profiling of additional market players (up to 20)
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