ID: MRFR/HC/6901-HCR | 100 Pages | Published By Kinjoll Dey on March 2023
Patient Engagement Solutions Market size is expected to cross USD 45,200 Million by 2030 at a CAGR of 15.33%.
$45,200 Million
15.33%
North America
2020-2030
The Patient Engagement Solutions Market size is expected to cross USD 45,200 Million by 2030 at a CAGR of 15.33% during the forecast period 2022-2030. The increasing investments in healthcare information technology (IT)sector, rising prevalence of chronic disorders, and growing adoption of patient engagement solutions in the healthcare sector are set to drive the demand for patient engagement solutions market during the forecast period.
Patient engagement solutions are used to handle health care data and to provide access for patient interaction to the medical team. Patient involvement, however, does not just involve technology such as portal as well as automated messaging. Besides, the method plays an essential role in ensuring patient satisfaction. Various Hardware, software, and services are used to acquire patient health information.
Strategic mergers & acquisitions are also projected to boost patient engagement solutions market growth with companies looking to strengthen their market positions, expand their product portfolios, and improves their brand images.
For instance, in December 2016, Mckesson Corporation announced the acquisition of Rexall Health, a Canada-based pharmacy chain company. The acquisition of Rexall Health has boosted the business of McKesson in Canada. It is now able to serve a wide range of pharmaceutical care and healthcare services.
Patient engagement solutions Market Influencer
Government initiatives and regulations for the implementation of patient-centric care services and technologies is expected to influence the growth of the patient engagement solutions market during the forecast period.
Market Drivers
Market Restraints
Patient engagement solutions Market Segmentation
By Component
By Delivery Mode   Â
By Therapeutic Area
By Application
By End-User
By Region
Patient engagement solutions Market Key Players
Report Attribute/Metric | Details |
---|---|
Market Size | 45,200 Million 2030 |
CAGR | 15.33% (2020-2030) |
Base Year | 2019 |
Forecast Period | 2020-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Component, Delivery Mode, Therapeutic Area, Application, End-User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Allscripts Healthcare Solutions, Inc. (US), Athenahealth, Inc. (US), Cerner Corporation (US), IBM (US), Aetna Inc. (US), Lincor Solutions (US), Mckesson Corporation (US), Medecision, Inc. (US), Orion Health Ltd. (New Zealand), Welvu (US), Oneview Ltd (Ireland), and Get Real Health (US). |
Key Market Opportunities |
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Key Market Drivers |
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Patient engagement solutions are used to handle health care data and to provide access for patient interaction to the medical team.
The patient engagement solutions market is projected to grow at approximately 15.33% CAGR during forecast period (2020-2030).
Allscripts Healthcare Solutions, Inc. (US), Athenahealth, Inc. (US), Cerner Corporation (US), IBM (US), Aetna Inc. (US), Lincor Solutions (US), Mckesson Corporation (US), Medecision, Inc. (US), Orion Health Ltd (New Zealand), Oneview Ltd (Ireland), Welvu (US), and Get Real Health (US), are some of the major players operating in the patient engagement solutions market.
North America holds the largest share in the patient engagement solutions market, followed by Europe and the Asia Pacific, respectively.
Rising technological advances and favorable government initiatives.
The patient engagement solutions market is projected to reach a valuation of USD 45,200 MN by 2030.