Patient Engagement Solutions Market Size, Share, Analysis Report

Patient Engagement Solutions Market Size By Therapeutic Area (Women’s health, Fitness, Chronic diseases, Other therapeutic areas), By Application (Social and Behavioural Management, Financial Health Management, Health Management, Home Health Management), By Delivery Mode (Cloud Based, On Premise), By Component (Software, Services, Hardware), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global Patient Engagement Solutions market is expected to grow upto US$ 29.90 Billion by 2028, at CAGR of about 10.70% during the forecast period.

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MARKET SNAPSHOT

Major Players

  • Kareo
  • Meditech
  • Epic System Corporation
  • Curemd Heathcare
  • Advancedmd
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    10.70%

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The global Patient Engagement Solutions market is expected to grow upto US$ 29.90 Billion by 2028, at CAGR of about 10.70% during the forecast period.

    The development of this market is driven by the application of government regulations and initiatives to help patient-centric care, increasing demand for patient engagement solutions, and the growing utilization of mobile health apps.

    Patient engagement solutions support patients manage their healthcare information and agrees for greater interataction of the medical team with the patients. It is important for to deliver the necessary tools to actively engage in the management of their own health. Better access to healthcare workers and personal healthcare information supports patients to supports effective self-care. increased patient outreach, Cost-effective healthcare, lower hospital readmission rates, fewer complications, shorter hospitalization periods, and enhanced quality of health care are some of the benefits associated with patient engagement solutions. It parts information and communication to provision patient and to expand workflow efficiencies. Furthermore, it supports to decrease administrative costs. Patient engagement solutions improve patient-provider communication and possesses both the patient and care team up to date about the individual health data. Healthcare organizations must expand quality and efficiency with few resources with the support of the solution. It supports physicians in providing better diagnosis and more coordinated care by recording information about patients’ healthcare and also agrees for the sharing of clinical summaries among care teams. There is rising interest among patients to track their personal health by accessing electronic health records. Furthermore, the rising trend of mobile health applications and wearable health data trackers are influencing consumers to access their personal healthcare records, in turn, growing demand for patient engagement solutions.

    The global Patient Engagement Solutions market is segregated on the basis of Therapeutic Area as Women’s health, Fitness, Chronic diseases, and Other therapeutic areas. Based on Application the global Patient Engagement Solutions market is segmented in Social and Behavioural Management, Financial Health Management, Health Management, and Home Health Management. Based on Delivery Mode the global Patient Engagement Solutions market is segmented in Cloud Based and On Premise.

    Based on Component, the global Patient Engagement Solutions market is segmented in Software, Services, and Hardware.

    The global Patient Engagement Solutions market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Patient Engagement Solutions market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Kareo, Meditech, Epic System Corporation, Curemd Heathcare, Advancedmd, Onview Healthcare, Get Real Health, Harris Healthcare, Medhost, Lincor Solution, and others are among the major players in the global Patient Engagement Solutions market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Patient Engagement Solutions Market has been segmented as below:

    Patient Engagement Solutions Market, By Therapeutic Area

    • Women’s health
    • Fitness
    • Chronic diseases
    • Other therapeutic areas

    Patient Engagement Solutions Market, By Application

    • Social and Behavioural Management
    • Financial Health Management
    • Health Management
    • Home Health Management

    Patient Engagement Solutions Market, By Delivery Mode

    • Cloud Based
    • On Premise

    Patient Engagement Solutions Market, By Component

    • Software
    • Services
    • Hardware

    Patient Engagement Solutions Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Patient Engagement Solutions Market, By Company

    • Kareo
    • Meditech
    • Epic System Corporation
    • Curemd Heathcare
    • Advancedmd
    • Onview Healthcare
    • Get Real Health
    • Harris Healthcare
    • Medhost
    • Lincor Solution

    The report covers:

    • Global Patient Engagement Solutions market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Patient Engagement Solutions market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Patient Engagement Solutions market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Patient Engagement Solutions market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Patient Engagement Solutions market share. Major industry players with significant revenue share include Kareo, Meditech, Epic System Corporation, Curemd Heathcare, Advancedmd, Onview Healthcare, Get Real Health, Harris Healthcare, Medhost, Lincor Solution, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Patient Engagement Solutions industry trends
    • Find complete analysis on the market status
    • Identify the Patient Engagement Solutions market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent developments in Healthcare Analytics Market are as follows:

    Allscripts Healthcare Solutions

    • 07-2020: Allscripts and its clients have taken important movements to ensure effective care delivery in the communities they serve. With steadfast dedication to patient health, caregivers from both large hospital systems and independent physician practices around the world continue to excel in the face of the unprecedented crisis to support manage their patients and combat the spread of the virus.
    • 06-2020: Allscripts Healthcare Solutions has declared a new partnership with the Patient Access Network Foundation, an independent, national 501 organization enthusiastic to serving federally and commercially insured people living with life-threatening, chronic and rare diseases with the out-of-pocket costs for their prescribed medications.

    McKesson Corporation

    • 09-2018: McKesson Medical-Surgical Inc has contracted an exclusive agreement with ILÚM Health Solutions, part of Merck & Co, Inc.’s Healthcare Services and Solutions business, which delivers innovative technology and services to support infectious disease management, to serve the U.S. community hospital market.
    • 09-2016: McKesson Pharmacy Systems is delighted to declare the release of Pharmaserv version 7.5 for general availability. The centerpiece of this new release is the integration of the Clinical Programs Solution McKesson’s proprietary clinical services platform into the workflow of the pharmacy management system.

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    1. Introduction

        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology

        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview

        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Patient Engagement Solutions Market, By Therapeutic Area

        5.1 Introduction
        5.2 Women’s health
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Fitness
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Chronic diseases
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Other therapeutic areas
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast

    6. Patient Engagement Solutions Market, By Application

        6.1 Introduction
        6.2 Social and Behavioural Management
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Financial Health Management
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Health Management
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Home Health Management
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast

    7. Patient Engagement Solutions Market, By Delivery Mode

        7.1 Introduction
        7.2 Cloud Based
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 On Premise
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast

    8. Patient Engagement Solutions Market, By Component

        8.1 Introduction
        8.2 Software
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Services
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
        8.4 Hardware
            8.4.1 Market Overview
            8.4.2 Market Size and Forecast

    9. Patient Engagement Solutions Market, By Geography

        9.1 Introduction
        9.2 North America
            9.2.1 North America Patient Engagement Solutions, By Therapeutic Area
            9.2.2 North America Patient Engagement Solutions, By Application
            9.2.3 North America Patient Engagement Solutions, By Delivery Mode
            9.2.4 North America Patient Engagement Solutions, By Component
        9.3 Europe
            9.3.1 Europe Patient Engagement Solutions, By Therapeutic Area
            9.3.2 Europe Patient Engagement Solutions, By Application
            9.3.3 Europe Patient Engagement Solutions, By Delivery Mode
            9.3.4 Europe Patient Engagement Solutions, By Component
        9.4 Asia-Pacific
            9.4.1 Asia-Pacific Patient Engagement Solutions, By Therapeutic Area
            9.4.2 Asia-Pacific Patient Engagement Solutions, By Application
            9.4.3 Asia-Pacific Patient Engagement Solutions, By Delivery Mode
            9.4.4 Asia-Pacific Patient Engagement Solutions, By Component
        9.5 Rest of the World
            9.5.1 Rest of the World Patient Engagement Solutions, By Therapeutic Area
            9.5.2 Rest of the World Patient Engagement Solutions, By Application
            9.5.3 Rest of the World Patient Engagement Solutions, By Delivery Mode
            9.5.4 Rest of the World Patient Engagement Solutions, By Component

    10. Competitive Insights

        10.1 Key Insights
        10.2 Company Market Share Analysis
        10.3 Strategic Outlook
            10.3.1 Mergers & Acquisitions
            10.3.2 New Product Development
            10.3.3 Portfolio/Production Capacity Expansions
            10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            10.3.5 Others

    11. Company Profiles

        11.1 Kareo
            11.1.1 Company Overview
            11.1.2 Product/Service Landscape
            11.1.3 Financial Overview
            11.1.4 Recent Developments
        11.2 Meditech
            11.2.1 Company Overview
            11.2.2 Product/Service Landscape
            11.2.3 Financial Overview
            11.2.4 Recent Developments
        11.3 Epic System Corporation
            11.3.1 Company Overview
            11.3.2 Product/Service Landscape
            11.3.3 Financial Overview
            11.3.4 Recent Developments
        11.4 Curemd Heathcare
            11.4.1 Company Overview
            11.4.2 Product/Service Landscape
            11.4.3 Financial Overview
            11.4.4 Recent Developments
        11.5 Advancedmd
            11.5.1 Company Overview
            11.5.2 Product/Service Landscape
            11.5.3 Financial Overview
            11.5.4 Recent Developments
        11.6 Onview Healthcare
            11.6.1 Company Overview
            11.6.2 Product/Service Landscape
            11.6.3 Financial Overview
            11.6.4 Recent Developments
        11.7 Get Real Health
            11.7.1 Company Overview
            11.7.2 Product/Service Landscape
            11.7.3 Financial Overview
            11.7.4 Recent Developments
        11.8 Harris Healthcare
            11.8.1 Company Overview
            11.8.2 Product/Service Landscape
            11.8.3 Financial Overview
            11.8.4 Recent Developments
        11.9 Medhost
            11.9.1 Company Overview
            11.9.2 Product/Service Landscape
            11.9.3 Financial Overview
            11.9.4 Recent Developments
        11.10 Lincor Solution
            11.10.1 Company Overview
            11.10.2 Product/Service Landscape
            11.10.3 Financial Overview
            11.10.4 Recent Developments
        11.11 GETWELLNETWORK, INC
            11.1.1 Company Overview
            11.1.2 Product/Service Landscape
            11.1.3 Financial Overview
            11.1.4 Recent Developments
        11.12 Cerner Corporation
            11.12.1 Company Overview
            11.12.2 Product/Service Landscape
            11.12.3 Financial Overview
            11.12.4 Recent Developments
        11.13 Orion Health Ltd.
            11.13.1 Company Overview
            11.13.2 Product/Service Landscape
            11.13.3 Financial Overview
            11.13.4 Recent Developments
        11.14 ATHENAHEALTH
            11.14.1 Company Overview
            11.14.2 Product/Service Landscape
            11.14.3 Financial Overview
            11.14.4 Recent Developments
        11.15 IBM
            11.15.1 Company Overview
            11.15.2 Product/Service Landscape
            11.15.3 Financial Overview
            11.15.4 Recent Developments
        11.16 McKesson Corporation
            11.16.1 Company Overview
            11.16.2 Product/Service Landscape
            11.16.3 Financial Overview
            11.16.4 Recent Developments
        11.17 Allscripts Healthcare Solutions
            11.17.1 Company Overview
            11.17.2 Product/Service Landscape
            11.17.3 Financial Overview
            11.17.4 Recent Developments

    The Patient Engagement Solutions Market has been segmented as below:

    Patient Engagement Solutions Market, By Therapeutic Area

    • Women’s health
    • Fitness
    • Chronic diseases
    • Other therapeutic areas

    Patient Engagement Solutions Market, By Application

    • Social and Behavioural Management
    • Financial Health Management
    • Health Management
    • Home Health Management

    Patient Engagement Solutions Market, By Delivery Mode

    • Cloud Based
    • On Premise

    Patient Engagement Solutions Market, By Component

    • Software
    • Services
    • Hardware

    Patient Engagement Solutions Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Patient Engagement Solutions Market, By Company

    • Kareo
    • Meditech
    • Epic System Corporation
    • Curemd Heathcare
    • Advancedmd
    • Onview Healthcare
    • Get Real Health
    • Harris Healthcare
    • Medhost
    • Lincor Solution

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