US Patient Engagement Solutions Market

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


Report ID: SQMIC45B2116 | Region: Country | Published Date: February, 2024
Pages: 278 | Tables: 90 | Figures: 76

US Patient Engagement Solutions Market Insights

US Patient Engagement Solutions Market size was valued at USD 5.09 billion in 2019 and is poised to grow from USD 5.87 billion in 2023 to USD 17.64 billion by 2031, growing at a CAGR of 15.28% in the forecast period (2024-2031).

The market for patient engagement solutions is made up of companies (organisations, partnerships, and sole proprietors) that sell passive or active electronic systems intended to interact with patients in order to maintain their health through health management software and technology. Wearables, smartphone apps, educational tools, and other technologies are used by healthcare providers to reassure and engage their patients. In order to make educated health decisions, these technologies give patients instant access to doctors, real-time monitoring of important bodily signs, and electronic record preservation. 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. The COVID-19 pandemic had a major impact on market expansion. In response to the COVID-19 epidemic, market companies launched new products and features, and the government and regulatory agencies encouraged the use of these products by enacting favourable regulations.

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. Additionally, it is anticipated that over the course of the forecast period, demand for patient engagement solutions will rise as a result of improved reimbursement policies and government and non-government organisations providing funding for the implementation of health information exchange systems.

US Patient Engagement Solutions Market  is poised to grow at a sustainable CAGR for the next forecast year.

$3,500
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

US Patient Engagement Solutions Market size was valued at USD 5.09 billion in 2019 and is poised to grow from USD 5.87 billion in 2023 to USD 17.64 billion by 2031, growing at a CAGR of 15.28% in the forecast period (2024-2031).

The existence of several international players defines the market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our US Patient Engagement Solutions market reports, some of the leading quality US Patient Engagement Solutions manufacturers are as follows: IBM (US), McKesson Corporation (US), Allscripts (US), Cerner Corporation (US), Epic Systems Corporation (US), GetWellNetwork (US), athenahealth (US), MEDITECH (US), IQVIA (US), Get Real Health (US), Cognizant (US), Symphony Care (US), Harris Healthcare (US), Kareo (US), CureMD Healthcare (US), eClinicalWorks (US), Lincor Solutions (US), AdvancedMD (US), WellStack(US), IQVIA (US), Vivify Health (US), Medhost (US), Validic (US) MEDISYSINC (US),  Patient point LLC (US) 'Allscripts', 'athenahealth', 'CareCloud', 'Cerner Corporation', 'CipherHealth', 'Docent Health', 'Epic Systems Corporation', 'GetWellNetwork', 'HealthLoop', 'Luma Health', 'Medallia', 'Medfusion', 'Meditech', 'NextGen Healthcare', 'NRC Health', 'Phreesia', 'Practo', 'Press Ganey', 'Qventus', 'Solutionreach'

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.

The adoption of mHealth by both consumers and providers has accelerated due to the rising number of smartphone users worldwide. Due to their ease of installation on smartphones, healthcare apps are growing in popularity with consumers. Patients are becoming more confident in mHealth apps since they can connect to wearable technology to help users maintain their health.

In terms of geography, North America dominates the market for patient engagement solutions. This is ascribed to a rise in the availability of high-quality healthcare services, as well as to more extensive legislative changes and innovative incentive-based payment systems.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

US Patient Engagement Solutions Market

Report ID: SQMIC45B2116

$3,500
BUY NOW GET FREE SAMPLE