Patient Engagement Solutions Market Share: Industry Analysis and Outlook
The Patient Engagement Solutions Market Size was valued at USD 19.45 billion in 2022, and is expected to reach USD 69.25 billion by 2030 and grow at a CAGR of 17.2% over the forecast period 2023-2030.
Patient engagement solutions refer to the tools and technologies that enable healthcare providers to actively involve patients in their own care. These solutions are designed to empower patients, improve communication between patients and healthcare professionals, and enhance patient education and self-management.
The patient engagement solutions market share has been witnessing significant growth in recent years, driven by several factors. Firstly, there is a growing recognition of the importance of patient engagement in improving health outcomes and reducing healthcare costs. Studies have shown that engaged patients are more likely to adhere to treatment plans, have better health outcomes, and require fewer hospital readmissions.
Secondly, advancements in technology have played a crucial role in driving the adoption of patient engagement solutions. The proliferation of smartphones, wearable devices, and internet connectivity has made it easier for patients to access health information, communicate with their healthcare providers, and monitor their own health conditions.
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Key Players Covered in report are: Allscripts Healthcare, LLC, Cerner Corporation (Oracle), Epic Systems Corporation, Koninklijke Philips N.V., Klara Technologies, Inc., McKesson Corporation, NextGen Healthcare Inc., ResMed, and Other players.
KEY MARKET SEGMENTATION:
By Delivery Type
· On-premise
· Cloud-based
By Component Type
· Software & Hardware
o Integrated
o Standalone
· Services
o Consulting
o Support & Maintenance
o Implementation & Training
o Others
By Functionality
· Health Tracking & Insights
· Patient Education
· Communication
· Administrative
· Billing & Payments
· Others
By Therapeutic Area
· Chronic Disease Management
· Health & Wellness
· Others
By Application
· Population Health Management
· In-patient Health Management
· Outpatient Health Management
· Others
By End-user
· Providers
· Payers
· Others
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