Report ID: SQMIG35A2540
Patient Engagement Solutions Market Size, Share, Growth Analysis, By Component(Software (Standalone Software, and Services), By Therapeutic Area(Chronic Diseases, Fitness, and Others), By Functionality(Telehealth, E-Prescribing, and Billing & Payments), By End Users(Providers and Payers), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2540 |
Region:
Global |
Published Date: August, 2024
Pages:
165
|
Tables:
181 |
Figures:
79
Patient Engagement Solutions Market Competitive Landscape
The patient engagement solutions industry is a rapidly growing field that is appealing to various market players. There are many companies that specialize in EHR and patient engagement solutions, who are eager to improve the connection between patients and medical professionals. These companies can also streamline care coordination and reduce medical expenses. The companies in the market are constantly introducing new systems that can manage patient information, foster better communication among providers, and help population health management.
Patient Engagement Solutions Market Top Player’s Company Profile
- IBM (US)
- McKesson Corporation (US)
- Allscripts (US)
- ResMed (US)
- Epic Systems Corporation (US)
- Orion Health (New Zealand)
- GetWellNetwork (US)
- Athenahealth (US)
- Oneview Healthcare (Ireland)
- MEDITECH (US)
- Cognizant (US)
- Symphony Care (US)
- Harris Healthcare (US)
Patient Engagement Solutions Market
Patient Engagement Solutions Market Report Snapshots
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Patient Engagement Solutions Market size was valued at USD 16.58 Billion in 2022 and is poised to grow from USD 19.49 Billion in 2023 to USD 70 Billion by 2031, growing at a CAGR of 17.54 % in the forecast period (2024-2031).
Patient Engagement Solutions Market Recent Developments 'IBM (US)', 'McKesson Corporation (US)', 'Allscripts (US) ', 'ResMed (US) ', 'Epic Systems Corporation (US) ', 'Orion Health (New Zealand) ', 'GetWellNetwork (US) ', 'Athenahealth (US) ', 'Oneview Healthcare (Ireland) ', 'MEDITECH (US) ', 'Cognizant (US) ', 'Symphony Care (US) ', 'Harris Healthcare (US) '
High Demand for Personalized Care and Patient Engagement: The utilization of patient interaction technologies in individualized care is increasing. This patient engagement solutions market trend shows that the care patient receives is personalized for meeting their unique needs. AI and ML can be utilized for evaluating patient data. Patients can also manage their own health with the help of personalized patient engagement tools and interact with their physicians to know about their health.
North America is witnessing the maximum growth in the patient engagement solutions market. This is mainly due to prominent market players in the region. The increasing adoption of mhealth and EHR and rising investment in patient engagement software by companies are also positively influencing the patient engagement solutions market growth. In recent times, government initiatives are also increasing their initiatives as they are trying to encourage people to use patient engagement solutions. Governments are also increasing their investment in the medical sectors to increase advancements and awareness among people. The US is experiencing huge growth in the North Amercian market due to better cost control and care coordination, fueling the expansion of the market.
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