Patient Engagement Solutions Market: Market Segments: By Component (Hardware, Software and Services); By Delivery Mode (On Premise and Cloud Based); By Application (Health Management, Home Health Management, Social and Behavioral Management and Financial Health Management); By End User (Providers, Payers, Patients and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Product Overview
Core aspect of mobile health technology is patient interaction solutions. During regular examinations and when concerns occur, healthcare providers engage with patients. Patient engagement tools provide regular patient wellbeing and compliance tracking, with real-time reporting to physicians and rapid patient reviews. This may potentially lead to fewer visits to the office, operations, and hospitalisation.
Market Highlights
Patient Engagement Solutions Market is expected to project a notable CAGR of 10.3% in 2030.
Patient Engagement Solutions Market to surpass USD 21.6 billion by 2030 from USD 10.3 billion in 2019 at a CAGR of 10.3% throughout the forecast period, i.e., 2020-30. The main factors driving market growth are enhanced healthcare infrastructure, increased use of mobile health applications, and increased demand for wearable health technology.
Patient Engagement Solutions Market: Segments
Services segment to grow with the highest CAGR during 2020-30
Patient Engagement Solutions Market is segmented by Component as Hardware, Software and Services. Based on component software segment is the largest segment of the market for Patient Engagement Solutions in 2019. The software for patient interaction applications is used in different fields, such as hospital management and home health management.
Patient Engagement Solutions Market: Market Dynamics
Drivers
Growing Popularity Among the Aging Population
Geriatric population is the largest consumer of healthcare solutions, and market growth is positively influenced by their growing participation in healthcare decision-making and wellness activities through the adoption of patient engagement solutions. In addition, the increased prevalence of chronic diseases and the government’s efforts to raise awareness of interaction solutions have further enabled this market to expand during the forestry period.
Restrain
Protection of Patient Information
Concerns regarding the protection of patient health data build obstacles to the transfer of this data between different stakeholders in the healthcare industry. This in fact, impacts patient engagement initiatives in different healthcare institutions and restricts the acceptance of strategies for patient engagement by future end users.
Patient Engagement Solutions Market: Key Players

  • GetWellNetwork, Inc


Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.

  • Lincor
  • Oneview Ltd
  • Orion Health group of companies
  • McKesson Corporation
  • Cerner Corporation
  • Allscripts
  • IBM
  • WelVU
  • Elsevier


Patient Engagement Solutions Market: Regions
Patient Engagement Solutions Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Patient Engagement Solutions Market in North America held the largest market share of XX.X% in the year 2019 due to increased acceptance of health and electronic health records (EHR) and the investment by major corporations in software applications for patient interaction. In addition, the growing level of awareness, coupled with government spending on healthcare, is expected to drive growth in the sector. It is expected that the wider acceptance of emerging technologies among the population would drive regional market growth. During the forecast period, the Asia Pacific market is expected to experience lucrative growth. It is expected that the need to implement new systems and the replacement and expansion of medical facilities would drive the market.
Patient Engagement Solutions Market report also contains analysis on:
Patient Engagement Solutions Market Segments:
By Component:

  • Hardware
  • Software
  • Services


By Delivery Mode:

  • On Premise
  • Cloud Based


By Application:

  • Health Management
  • Home Health Management
  • Social and Behavioral Management
  • Financial Health Management


By Application:

  • Providers
  • Payers
  • Patients
  • Other
  • Patient Engagement Solutions Market Dynamics
  • Patient Engagement Solutions Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints


FAQs on Patient Engagement Solutions Market
? Which segment is anticipated to hold the largest market share?
? At what CAGR is the market anticipated to grow between 2020 and 2030?
? Who are the key players in the Patient Engagement Solutions Market?
? What could be the challenging factors in the growth of Patient Engagement Solutions Market?
? What are the growth drivers for the Patient Engagement Solutions Market?