Patient Engagement Solutions Market size was over USD 28.1 billion in 2024 and is estimated to reach USD 145.7 billion by the end of 2037, expanding at a CAGR of 14.7% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the patient engagement solutions is projected to be valued at USD 32.2 billion.
The growth is driven by the increasing demand for digitalization of healthcare services. AI adoption in medical communication systems is accelerating patient engagement in this sector. According to a report published by NLM in September 2023, LLMs (Large Language Models) are being implemented by healthcare facilities. This text-based communication system uses machine learning techniques to process large data sets for seamless patient interaction.
The success of telehealth services is influencing the healthcare industry to invest in advanced facilities, such as chatbots, HRA, care gaps, and others. Autogenerated messaging including lab notifications, and medication reminders can elevate patient relations. Such improvement in direct communication also helps medical facilities to incorporate patient inputs in improvising their services. The shift towards value-based care is influencing companies to introduce tracking technologies, raising greater investments in the patient engagement solutions market. In January 2023, Asahi Technologies launched a new digital health ecosystem, which allows patients to track their medications and health conditions.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?