High prevalence of chronic diseases, increased focus of patients on self-managing care, growing medical tourism, investments in healthcare IT, favorable government legislations and awareness initiatives are the key factors contributing to a notable CAGR of Patient Engagement Solutions during forecast period.
Market Size – USD 8.87 Billion in 2018, Market Growth – CAGR of 16.2%, Market Trends – Product launches and research for advanced Patient Engagement Solutions
According to the current analysis of Reports and Data, the global Patient Engagement Solutions market was valued at USD 8.87 Billion in 2018 and is expected to reach USD 30.36 Billion by the year 2026, at a CAGR of 16.2 %. Patient engagement technology has become commonplace in the field of medical care due to the ubiquitous adoption of computers, smartphones, and mobile tablets by the patient. Healthcare technologies are becoming more patient-oriented owing to different requirements from different patients. Traditionally, key patient engagement technologies have included patient portals or secure messaging tools. The growth of the patient engagement solutions market is mainly due to the growing awareness of mobile health and the increasing geriatric population. In addition, an increase in healthcare spending and favorable legislations are expected to contribute to the patient engagement solution market growth. The increasing use of patient engagement solutions draws the government’s attention, and they are likely to implement the most favorable policies in the coming years which is expected to offer substantial growth opportunities for patient engagement market players in the anticipated years. Patient involvement is about encouraging patients in care to improve their health outcomes, improve patient care, and reduce costs. It combines the knowledge, skills, abilities, and willingness of a patient to manage their own care with communications designed to promote positive behaviors.
Key participants in patient engagement solutions market include Allscripts Healthcare Solutions Inc., Lincor Solutions Ltd., Phytel Inc., Orion Health Ltd., McKesson Corporation, Cerner Corporation, Medecision Inc., and Athena Health Inc., YourCareUniverse Inc.
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Further key findings from the report suggest
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Segments covered in the report
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Patient Engagement Solutions market on the basis of Component type, Delivery Mode type, Therapeutic Area type, end use, and region
Component Type (Revenue, USD Million; 2016–2026)
Delivery Mode Type (Revenue, USD Million; 2016–2026)
Therapeutic Area Type (Revenue, USD Million; 2016–2026)
End Use (Revenue, USD Million; 2016–2026)
By Region (Revenue, USD Million; 2016-2026)
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Table of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018 – 2026 Chapter 3. Indicative Metrics 3.1. High prevalence of chronic disease 3.2. Increasing focus of patients on self-care 3.3. Technological advancements 3.4. Need of Investments in Infrastructure Chapter 4. Patient Engagement Solutions Segmentation & Impact Analysis 4.1. Patient Engagement Solutions Segmentation Analysis 4.2. Patient Engagement Solutions Market Value Chain Analysis, 2016-2026 4.3. Regulatory framework 4.4. Patient Engagement Solutions Market Impact Analysis 4.4.1. Market driver analysis 4.4.2. Market restraint analysis 4.5. Key opportunities prioritized 4.6. Patient Engagement Solutions Pricing Analysis 4.7. Industry analysis – Porter’s 4.8. Patient Engagement Solutions PESTEL Analysis
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Chapter 10. Competitive Landscape 10.1. Market Revenue Share by Manufacturers 10.2. Manufacturing Cost Breakdown Analysis 10.3. Mergers & Acquisitions 10.4. Strategy Benchmarking 10.5. Vendor Landscape Chapter 11. Company Profiles 11.1. Medecision, Inc. 11.1.1. Company Overview 11.1.2. Financial Performance 11.1.3. Product Length Benchmarking 11.1.4. Strategic Initiatives 11.2. Allscripts Healthcare Solutions 11.2.1. Company Overview 11.2.2. Financial Performance 11.2.3. Product Length Benchmarking 11.2.4. Strategic Initiatives 11.3. Phytel, Inc. 11.3.1. Company Overview 11.3.2. Financial Performance 11.3.3. Product Length Benchmarking 11.3.4. Strategic Initiatives 11.4. Orion Health Ltd. 11.4.1. Company Overview 11.4.2. Financial Performance 11.4.3. Product Length Benchmarking 11.4.4. Strategic Initiatives 11.5. Athena Health 11.5.1. Company Overview 11.5.2. Financial Performance 11.5.3. Product Length Benchmarking 11.5.4. Strategic Initiatives
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