Patient Engagement Solutions Market Analysis

  • Report ID: 6600
  • Published Date: Oct 24, 2024
  • Report Format: PDF, PPT

Patient Engagement Solutions Market Analysis

Component (Software, Services)

Software segment is expected to hold patient engagement solutions market share of over 70.3% by the end of 2037 due to the availability of various applications and platforms. Easy patient login portals, user-friendly mobile apps, CDSS tools, and other platforms offer personalized experience. Healthcare providers prefer these software solutions to facilitate continuous monitoring and management. In April 2023, Athenahealth launched patient engagement measurement software and services for medical groups and health systems. The network-enabled digital index will provide an overview of the usage of digital tools by patients. The capability to redirect health-related analytical data to the patient at home has also enlarged its demand for remote use.

Application (Health Management, Home Healthcare, Financial Health Management, Social & Behavioral Health)

By application, the patient engagement solutions market is predicted to be majorly influenced by the health management segment. Technologically advanced tools and services play a vital role in the self-management of health at home. The segment is experiencing a surge in demand for improved patient outcomes in various sectors. Automated reminders for medication, appointments, and healthy practices are increasing the adoption of these engaging solutions. Designed programs are proven to be effective for managing symptoms of chronic diseases. Storing personal health records and access to sharing medical history with providers has inflated the demand for these tools for health management. For instance, in July 2021, Amwell launched Conversa Health to offer automated virtual healthcare for chronic disease management.

Our in-depth analysis of the market includes the following segments

Component

  • Software
  • Standalone Software
  • Integrated Software
  • Services
  • Consulting
  • Implementation & training
  • Others

Application

  • Health Management
  • Home Healthcare
  • Financial Health Management
  • Social & Behavioral Health

Functionality

  • Communication
  • Health Tracking & Insights
  • Billing & Payments
  • Document Management
  • Patient Education
  • Others

End use

  • Healthcare facilities
  • Home healthcare
  • Payors
  • Patients
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Author Credits:  Radhika Pawar


  • Report ID: 6600
  • Published Date: Oct 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the patient engagement solutions market was over USD 28.1 billion.

The market size for the patient engagement solutions market is projected to reach USD 145.7 billion by the end of 2037 expanding at a CAGR of 14.7% during the forecast period i.e., between 2025-2037.

The major players in the market are American Well Corporation, Athenahealth, Cerner Corporation, Epic Systems, Garmin, Lincor Inc., McKesson, MEDHOST, Oracle, Orion Health, Teladoc Health, Veradigm LLC, and others.

In terms of component, the software segment is anticipated to garner the largest market share of 70.3% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 45.8% by the end of 2037 and provide more business opportunities in the future.
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