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Patient Engagement Solutions Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Category : Healthcare and Pharmaceuticals | Published at : December-2023 | Delivery Format : PDF | Status: Published | Pages : 250

The Patient Engagement Solutions Market Size accounted for USD 19.2 Billion in 2022 and is projected to achieve a market size of USD 88.3 Billion by 2032 growing at a CAGR of 16.8% from 2023 to 2032.

Patient Engagement Solutions Market Key Highlights

  • Global Patient Engagement Solutions Market revenue is expected to increase by USD 88.3 Billion by 2032, with a 16.8% CAGR from 2023 to 2032
  • North America region led with more than 36% of Patient Engagement Solutions Market share in 2022
  • Asia-Pacific Patient Engagement Solutions Market growth will record a CAGR of more than 17.5% from 2023 to 2032
  • By therapeutic area, the chronic disease segment contributed over 41% of revenue share in 2022
  • By application, the outpatient health management segment captured more than 35% of revenue share in 2022
  • Growing adoption of digital health technologies and mobile health apps, drives the Patient Engagement Solutions Market value

Patient Engagement Solutions Market Trends

Patient engagement solutions refer to technologies and strategies designed to actively involve patients in their healthcare. These solutions aim to enhance communication between patients and healthcare providers, promote patient education, and encourage patients to take an active role in managing their health. Patient engagement solutions often include digital tools such as patient portals, mobile apps, remote monitoring devices, and other technologies that facilitate information sharing, appointment scheduling, and access to health records.

The market for patient engagement solutions has experienced significant growth in recent years, driven by the increasing emphasis on patient-centered care, the adoption of digital health technologies, and the recognition of the benefits of involving patients in their healthcare journey. Factors such as the rising prevalence of chronic diseases, the need for efficient healthcare delivery, and the shift towards value-based care models have contributed to the expansion of the patient engagement solutions market. As healthcare systems worldwide continue to prioritize patient-centric approaches and technology integration, the market for patient engagement solutions is expected to further evolve and grow, providing opportunities for innovation and improved patient outcomes.

Global Patient Engagement Solutions Market Trends

Market Drivers

  • Increasing focus on patient-centered care and shared decision-making
  • Growing adoption of digital health technologies and mobile health apps
  • Rising prevalence of chronic diseases and the need for proactive healthcare management
  • Shifting towards value-based care models and improved healthcare outcomes
  • Government initiatives promoting healthcare IT and patient engagement

Market Restraints

  • Concerns regarding data privacy and security in healthcare
  • Resistance to change and traditional healthcare practices

Market Opportunities

  • Expansion of telehealth market and remote patient monitoring solutions
  • Innovation in wearable medical devices market and health-tracking technologies

Patient Engagement Solutions Market Report Coverage

Market Patient Engagement Solutions Market
Patient Engagement Solutions Market Size 2022 USD 19.2 Billion
Patient Engagement Solutions Market Forecast 2032 USD 88.3 Billion
Patient Engagement Solutions Market CAGR During 2023 - 2032 16.8%
Patient Engagement Solutions Market Analysis Period 2020 - 2032
Patient Engagement Solutions Market Base Year
2022
Patient Engagement Solutions Market Forecast Data 2023 - 2032
Segments Covered By Delivery Type, By Component, By Application, By Therapeutic Area, By Functionality, By End Use, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled McKesson Corporation, Orion Health Ltd., Allscripts Healthcare Solutions, Phytel Inc., YourCareUniverse Inc., GetWellNetwork Inc., Athenahealth Inc., Medecision Inc., Cerner Corporation, and Lincor Solutions Ltd.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis
Patient Engagement Solutions Market Dynamics

Patient engagement solutions often include patient portals, mobile apps, telehealth services, remote monitoring devices, and other technologies that facilitate seamless communication between patients and healthcare providers. The applications of patient engagement solutions are diverse and impactful. Patient portals, for instance, provide individuals with secure access to their health records, allowing them to review test results, schedule appointments, and communicate with their healthcare team. Mobile apps can support medication adherence through reminders and educational content, while telehealth services enable virtual consultations, making healthcare more accessible. Remote monitoring devices can transmit real-time health data to healthcare providers, facilitating proactive interventions for individuals with chronic conditions.

The patient engagement solutions market has witnessed substantial growth in recent years and is expected to continue expanding. One of the key drivers behind this growth is the increasing recognition of the importance of patient-centric care and the shift towards value-based healthcare models. As healthcare providers and stakeholders prioritize patient engagement, there is a rising demand for solutions that empower patients to actively participate in their healthcare journey. The integration of digital technologies, such as mobile apps, patient portals, and remote monitoring devices, has played a pivotal role in enhancing communication between healthcare providers and patients, streamlining access to health information, and facilitating more personalized and proactive care. Additionally, the market growth is fueled by the growing prevalence of chronic diseases globally. As the burden of chronic conditions rises, there is a greater emphasis on preventative care, continuous monitoring, and patient self-management.

Patient Engagement Solutions Market Segmentation

The global Patient Engagement Solutions Market segmentation is based on delivery type, component, application, therapeutic area, functionality, end use, and geography.

Patient Engagement Solutions Market By Delivery Type

  • Cloud-based/Web-based
  • On-premise

According to patient engagement solutions industry analysis, the cloud-based/web-based segment held the largest market share in 2022. This growth is primarily attributed to the numerous advantages offered by cloud technology, such as scalability, accessibility, and cost-effectiveness. Healthcare providers are increasingly adopting cloud-based patient engagement solutions as they allow seamless access to information from any location, fostering improved communication between patients and healthcare professionals. The scalability of cloud solutions enables healthcare organizations to adjust resources based on demand, ensuring flexibility in managing patient engagement platforms efficiently. Furthermore, the web-based approach aligns with the growing trend of digital health and telemedicine.

Patient Engagement Solutions Market By Component

  • Software
    • Integrated
    • Standalone
  • Services
    • Support & Maintenance
    • Implementation & Training
    • Consulting
    • Others
  • Hardware

In terms of components, the software segment is dominate the market in 2022. This growth is driven by the increasing adoption of digital tools designed to enhance patient-provider interactions and improve overall healthcare outcomes. Patient engagement software plays a crucial role in facilitating communication, enabling appointment scheduling, and providing access to health records and educational resources. As healthcare organizations prioritize the integration of technology to streamline processes and improve patient experience, the demand for innovative software solutions has surged.

Patient Engagement Solutions Market By Application

  • Population Health Management
  • In-patient Health Management
  • Outpatient Health Management
  • Others

According to the patient engagement solutions market forecast, the outpatient health management segment is expected to witness significant growth in the coming years. The rise of outpatient health management is closely tied to the increasing prevalence of chronic diseases and the need for ongoing, proactive care. Patient engagement solutions in this segment often include remote monitoring tools, mobile applications, and web-based platforms that empower patients to monitor their health parameters, receive real-time feedback, and stay connected with healthcare providers. As healthcare systems globally prioritize the transition from episodic care to continuous care models, outpatient health management solutions become essential in fostering patient engagement, promoting self-management, and preventing the progression of chronic conditions.

Patient Engagement Solutions Market By Therapeutic Area

  • Chronic Diseases
  • Mental Health
  • Women’s Health
  • Fitness
  • Others

Based on the therapeutic area, the chronic diseases segment is expected to witness significant growth in the coming years. Patient engagement solutions tailored for chronic diseases aim to empower patients with tools and resources that facilitate proactive management, lifestyle modifications, and effective communication with healthcare providers. As the burden of chronic diseases rises, there is a growing recognition of the need for comprehensive solutions that go beyond episodic care, focusing on continuous patient engagement to improve outcomes and quality of life. Digital platforms, mobile apps, and remote monitoring devices are key components of patient engagement solutions in the chronic diseases segment.

Patient Engagement Solutions Market By Functionality

  • Communication
  • Billing & Payments
  • Health Tracking & Insights
  • Patient Education
  • Administrative
  • Others

In terms of functionality, the communication segment has been experiencing significant growth in recent years. This segment encompasses a variety of tools and technologies designed to improve communication between healthcare providers and patients, enhancing the overall patient experience and contributing to better health outcomes. Patient engagement solutions in the communication segment include secure messaging platforms, telehealth services, and interactive portals that facilitate real-time communication and information exchange. One of the key drivers behind the growth of the communication segment is the ongoing shift towards patient-centered care models.

Patient Engagement Solutions Market By End Use

  • Payers
  • Individual Users
  • Providers

In terms of end use, the providers segment has been experiencing significant growth in recent years. Patient engagement solutions designed for healthcare providers encompass a range of technologies, including electronic health record (EHR) systems, practice management software, and communication platforms. These solutions are geared towards improving the efficiency of healthcare workflows, enhancing patient-provider communication, and ultimately delivering more personalized and effective care. One of the key drivers behind the growth of the providers segment is the industry-wide transition towards value-based care models. Healthcare providers are seeking innovative solutions to engage patients in their health management, improve adherence to treatment plans, and reduce avoidable hospitalizations.

Patient Engagement Solutions Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Patient Engagement Solutions Market Drivers

Patient Engagement Solutions Market Regional Analysis

North America has emerged as a dominant force in the patient engagement solutions market, driven by a combination of advanced healthcare infrastructure, high technology adoption rates, and a growing emphasis on patient-centric care. The region is home to numerous well-established healthcare providers and technology companies that have been at the forefront of developing and implementing patient engagement solutions. The United States, in particular, has witnessed substantial investments in digital health technologies, leading to the widespread adoption of patient portals, mobile apps, and other engagement tools. Government initiatives, such as the promotion of electronic health records (EHRs) and the focus on value-based care, have further accelerated the growth of patient engagement solutions in North America. The regulatory landscape encourages healthcare providers to adopt technologies that enhance patient engagement, improve outcomes, and reduce healthcare costs. Additionally, the region's proactive approach to integrating telehealth services, especially in response to the COVID-19 pandemic, has contributed to the dominance of North America in the patient engagement solutions market.

Patient Engagement Solutions Market Player

Some of the top patient engagement solutions market companies offered in the professional report include McKesson Corporation, Orion Health Ltd., Allscripts Healthcare Solutions, Phytel Inc., YourCareUniverse Inc., GetWellNetwork Inc., Athenahealth Inc., Medecision Inc., Cerner Corporation, and Lincor Solutions Ltd.

Frequently Asked Questions

The patient engagement solutions market size was USD 19.2 Billion in 2022.

The CAGR of patient engagement solutions is 16.8% during the analysis period of 2023 to 2032.

The key players operating in the global market are including McKesson Corporation, Orion Health Ltd., Allscripts Healthcare Solutions, Phytel Inc., YourCareUniverse Inc., GetWellNetwork Inc., Athenahealth Inc., Medecision Inc., Cerner Corporation, and Lincor Solutions Ltd.

North America held the dominating position in patient engagement solutions industry during the analysis period of 2023 to 2032.

Asia-Pacific region exhibited fastest growing CAGR for market of patient engagement solutions during the analysis period of 2023 to 2032.

The current trends and dynamics in the patient engagement solutions industry include increasing focus on patient-centered care and shared decision-making, growing adoption of digital health technologies and mobile health apps, and rising prevalence of chronic diseases and the need for proactive healthcare management.

The web and cloud-based delivery type held the maximum share of the patient engagement solutions industry.


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