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.
View
summary of this report @ 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
For press release of this report - http://www.grandviewresearch.com/press-release/global-patient-engagement-solutions-market
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