Patient Engagement Solutions Market Will Reach USD 39.3 Billion By 2024:Grand View Research, Inc.
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 research report on global Patient Engagement Solutions Market: 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
- Standalone
- Integrated
- Hardware
- Services
- Consulting
Services
- Implementation
Services
- Education
Services
- 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
- Obesity
- Diabetes
- Cardiovascular
Diseases
- Women’s
Health
- Mental
Health
- Fitness
- Others
Patient Engagement Solutions Market Regional Outlook
(Revenue, USD Million, 2013 - 2024)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
- Saudi
Arabia
Access 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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information: www.grandviewresearch.com
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