Patient Engagement Solution Market
By the end of 2033, it is predicted that the market for patient engagement solutions would be valued US$ 59,737.3 Mn, up from an estimated US$ 17,015.4 Mn in 2022. The market for patient engagement solutions is projected to grow between 2023 and 2033 at a CAGR of 12.2%, reaching US$ 18,836.0 Mn in 2023.
By the end of 2033, it is predicted that the market for patient engagement solutions would be valued US$ 59,737.3 Mn, up from an estimated US$ 17,015.4 Mn in 2022. Patients, professionals, and others work together to improve results using a method called patient engagement. The most latest details on health reports, prescription regimens, and dosages are available to patients.
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This programme allows both the patient and the consultant to control their own healthcare and provide the required therapies. Patient engagement solutions have a number of benefits, including improved healthcare quality, higher patient outreach, fewer complications, lower hospital readmission rates, shorter hospital stays, and cost-effective healthcare. Patient engagement techniques must be more intrusive to encourage individuals to take part in patient education.
The Patient Engagement Solution Market refers to the software and technologies used to improve communication and collaboration between patients and healthcare providers. These solutions aim to empower patients by giving them access to their health information, allowing them to manage their care and treatment, and providing them with tools to stay engaged with their healthcare providers.
These solutions include Electronic Health Records (EHRs), telemedicine, mHealth apps, and patient portals. The market is expected to grow as healthcare organizations look to improve patient outcomes and satisfaction while also reducing costs. Key players in the market include Cerner, Epic Systems, Athenahealth, and Allscripts.
Patient engagement software solutions facilitate patient data management and hospital management. These are patient engagement platforms that automate appointment management, which reduces long waiting hours for patients.
The healthcare sector has shifted from paper to electronic due to speedy growth of digital technology. This has resulted in growth of patient engagement services globally.
Healthcare organizations generate a significant amount of data daily, and managing a lot of data can be a challenging task with in-house equipment. With the help of cloud computing and virtual infrastructure, caregivers can obtain real-time information and offer evidence-based treatment for patients.
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Key Takeaways from Market Study
- The South Asia & Pacific region is expected to create lucrative growth opportunities for market players due to increased need for cost-effective and quality care, and replacement and progression of medical infrastructure in the region.
- Key players in the market are focusing on acquisitions to complement their product portfolios, so as to cater to the needs of a variety of customers. Market participants are also focusing on providing products directly to end users to improve direct customer relations.
Key Players
- Allscripts Healthcare Solutions
- Mckesson Corporation
- Cerner Corporation
- Phytel Inc
- Medecision Inc
- Athenahealth Inc
- Novartis
- Roche Holding AG
- Bayer
- GlaxoSmithkline
- IQVIA
By Solution:
- Software
- Integrated Patient Software
- Standalone Software
- Scheduling Software
- Billing Software
- Secure Messaging Software
- Others
- Services
- Implementation and Integration
- Consulting
- Support & Maintenance
By Deployment:
- Cloud
- On Premise
By Application:
- Health Management
- Social Management
- Home Healthcare Management
- Financial Health Management
- Others
By End User:
- Patients
- Payers
- Healthcare Providers
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- Middle East and Africa
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About the Electronics, Semiconductors, and ICT Division at Persistence Market Research
Expert analysis, actionable insights, and strategic recommendations – the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.
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