The report offers an accurate forecast estimation of the Patient Engagement Solutions Market based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Patient Engagement Solutions Market.
Patient engagement solutions are used to manage healthcare data and give access to the database of patient contact details to medical teams. Patient engagement relies on technology, such as a portal or automated message, and the procedure is essential for ensuring patient satisfaction. To get patient health information, a variety of hardware, software, and services are employed. Demand for patient engagement solutions is expected to increase due to technological advancements, increase in the number of ambulatory services, and favorable government initiatives.
The healthcare industry is undergoing significant transformations, as it is striving to provide value-based treatment. Patients are increasingly demanding meaningful and personalized experiences from their healthcare providers, and this trend is getting momentum. Patient involvement is a technique that healthcare practitioners are using to improve patient satisfaction and health outcomes. Patient involvement entails both patients and healthcare professionals to participate in the management and care of patients, which provides an environment in which patients feel they are a part of the team, allowing them to collaborate with healthcare professionals to find a viable solution.
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Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
Some major companies profiled in the global market report include Cerner Corporation (Oracle), NXGN Management, LLC, Epic Systems Corporation, Allscripts Healthcare, LLC, McKesson Corporation, ResMed, Klara Technologies, Inc., Koninklijke Philips N.V., Athenahealth Inc., and CPSI.
Key Points of Patient Engagement Solutions Market:
- Extensive coverage of the analysis of the Patient Engagement Solutions market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Patient Engagement Solutions market
- Complete data about the key manufacturers and vendors in the Patient Engagement Solutions market
Emergen Research has segmented the global patient engagement solutions market on the basis of component, functionality, delivery mode, application, end-use, therapeutic area, and region:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Software Hardware
- Standalone
- Integrated
- Service
- Consulting
- Training Implementation
- Support Maintenance
- Others
- Functionality Outlook (Revenue, USD Billion; 2019–2030)
- Communication
- Health Tracking Insights
- Billing Payments
- Administration
- Patient Education
- Others
- Delivery Mode Outlook (Revenue, USD Billion; 2019–2030)
- On-premise Solution
- Cloud-based Solution
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Home Health Management
- Population Health Management
- Outpatient Health Management
- In-Patient Health Management
- Financial Health Management
- End-use Outlook (Revenue, USD Billion; 2019–2030)
- Providers
- Payers
- Patients
- Others
- Therapeutic Area Outlook (Revenue, USD Billion; 2019–2030)
- Health Wellness
- Chronic Disease Management
- Others
- Software Hardware
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Some Key Highlights from the Report
- Cloud-based distribution helps to promote a hassle-free exchange of knowledge between patients and healthcare professionals, as bulk data can be kept on these systems and remote access is also possible.
- Software hardware segment accounted for largest revenue share in 2021, due to continuous development of patient engagement solutions and their expanding applications in consulting, education, and implementation. Electronic solutions are simple to set up and use, and they enable easy access to vital pharmaceutical information, along with allowing healthcare practitioners to share drugs remotely.
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