Global Patient Engagement Solutions Market

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 Regional Insights

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.  

Asia Pacific is the fastest growing in the patient engagement solutions market. This is mainly due to government initiatives and businesses promoting patient engagement solutions, boosting the growth of the market. Moreover, the market is also increasing due to the rising commercialization of patient engagement solutions developed by prominent businesses on the international market. Furthermore, due to the increasing demand for new systems and medical infrastructure replacement and advancement, the patient engagement solutions industry will see immense profitable opportunities. The increasing usage of internet and smartphone users, large patient population, and enhancing medical infrastructure and care quality is also propelling market growth of the region. The presence of many local players is also providing lucrative opportunities for the market.  

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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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Global Patient Engagement Solutions Market

Report ID: SQMIG35A2540

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