The global patient
engagement solutions market is
expected to reach USD 39.3 billion by 2024, according to a new report by Grand
View Research, Inc. The supportive government initiatives and the rising usage
and awareness of mobile healthcare services are expected to impel the market
growth.
The rising prevalence of
chronic conditions is the preliminary factor that is expected to advance the
market growth. The mortality rate of diabetic patients was over 1.0 million in
2012, as stated by the WHO. This hike in the death rate of diabetic patients
reflects the lack of knowledge about the causes, symptoms, and the preventive
measures of the disease. The present patient engagement systems aid in
furnishing patients with educative information; thus, empowering them to make
better healthcare decisions.
The patient engagement
solutions cater to the hospitals in providing financial solutions for effective
utilization of the allocated healthcare budget. Furthermore, the market players
are actively volunteering in obtaining patient feedback regarding the existent
solutions to develop better patient engagement plat forms with enhanced
quality.
Moreover, the favorable
government initiatives and the funding efforts undertaken to promote the
incorporation of patient engagement solutions in the healthcare sector help in
boosting the market growth. For instance, in the U.S., under the Health
Information Technology for Economic and Clinical Health (HITECH) act, the
government spends around USD 20 billion annually on hospitals for the
installation of Electronic Health Records (EHRs), which is expected to help in
improving the workflow and the quality of treatment delivery.
Browse full report by Grand View
Research : http://www.grandviewresearch.com/industry-analysis/patient-engagement-solutions-market
Further key findings from the study suggest:
·
The web-based delivery segment is expected
to be the largest delivery mode growing at a lucrative CAGR over the forecast
period.
·
North America is expected to dominate over
the forecast period with a revenue share of over 40.0% in 2024. Favourable
government initiatives, such as the Affordable Care Act (ACA) initiated by
President Obama and the Health Information Technology for Economic and Clinical
Health (HITECH) act, are anticipated to drive the market growth.
·
Asia Pacific is anticipated to emerge as
the fastest growing region with a CAGR of over 20.0% over the forecast period.
The increasing investments in the healthcare sector, rising awareness with
regard to the varying types of patient engagement portals, and the escalating
geriatric population base are estimated to catapult the demand.
·
Some key players of the market include
Allscripts Healthcare Solutions, Inc., Cerner Corporation, Phytel, Inc.,
Athenahealth, Inc., McKesson Corporation, and MEDecision, Inc.
·
In order to curtail the competition, the
key industry players are actively involved in the development of new solutions
that facilitate the workflow of the existing platforms. For instance,
Allscripts Healthcare Solutions, Inc. provides revenue cycle management
solutions, which help in maintaining the financial health of the medical
systems.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has
segmented the patient engagement solutions market on the basis of the type of
delivery, component, end-use, application, therapeutic area, and region.
Global Patient Engagement Solutions Market, Type of
Delivery Outlook (Revenue, USD Million, 2013 - 2024)
·
On-premise
·
Cloud-based
·
Web-based
Global Patient Engagement Solutions Market, Component
Outlook (Revenue, USD Million, 2013 - 2024)
·
Software
o Standalone
o Integrated
·
Hardware
·
Services
o Consulting Services
o Implementation Services
o Education Services
o Other Services
Global Patient Engagement Solutions Market, End-use
Outlook (Revenue, USD Million, 2013 - 2024)
·
Payers
·
Providers
·
Individual Users
Global Patient Engagement Solutions Market, Application
Outlook (Revenue, USD Million, 2013 - 2024)
·
Health Management
·
Financial Health Management
·
Social Management
·
Home Healthcare Management
Global Patient Engagement Solutions Market, Therapeutic
Area Outlook (Revenue, USD Million, 2013 - 2024)
·
Chronic Diseases
o Obesity
o Diabetes
o Cardiovascular Diseases
·
Women’s Health
·
Mental Health
·
Fitness
·
Others
Patient Engagement Solutions Market Regional Outlook
(Revenue, USD Million, 2013 - 2024)
·
North America
o U.S.
o Canada
·
Europe
o UK
o Germany
·
Asia Pacific
o Japan
o China
·
Latin America
o Brazil
o Mexico
·
MEA
o South Africa
o Saudi Arabia
View press
release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-patient-engagement-solutions-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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