US Patient Engagement Solutions Market Size, Share, Growth Analysis, By Delivery Type(Web-based, Cloud-based, On-premise), By Component(Software, Hardware, Services), By End User(Providers, Payers, Individual users), By Region - Industry Forecast 2024-2031

US Patient Engagement Solutions Market Driver

• The CARES Act also gives Medicare more leeway to cover telehealth services, permits physician assistants, nurse practitioners, and certified nurse specialists to be certified by Medicare for home health services, and raises Medicare payments for hospital stays connected to COVID-19 and durable medical equipment. The demand for and acceptance of patient engagement solutions in important areas around the world are anticipated to expand as a result of such initiatives and legislation.
• Growing public awareness of patient engagement programmes funded by government agencies like the Office of the National Coordinator for Health Information Technology and the Agency of Healthcare Research and Quality is anticipated to boost industry expansion.
• Some of the main growth drivers of this market include the rising acceptance of digital health technology, supportive government initiatives, the prevalence of chronic diseases, and stakeholder investments.

US Patient Engagement Solutions Market Restraint 

• Payers have previously made large investments in infrastructure and exclusive systems. These firms will face a number of cost-related difficulties when moving or integrating these systems with patient engagement solutions. Additionally, they will need to make adjustments to their current systems, which are designed exclusively to meet their present needs. Additionally, switching to cloud-based patient interaction systems will necessitate altering the existing IT architecture, particularly in hospitals that already act as hubs linking numerous doctors, labs, and pharmacists. Therefore, finding the resources to enable widespread interoperability and interconnection could impede the shift for such healthcare institutions to cloud-based patient engagement systems.