Patient Engagement Solution Market By Delivery Type (Web-based/Cloud-based and On-premise), By Component (Software, Services, and Hardware), By End Use (Payers, Providers, and Individual Users), By Application (Social Management, Health Management, Home Healthcare Management, and Financial Health Ma
Patient Engagement Solution Market By Delivery Type (Web-based/Cloud-based and On-premise), By Component (Software, Services, and Hardware), By End Use (Payers, Providers, and Individual Users), By Application (Social Management, Health Management, Home Healthcare Management, and Financial Health Management) Global Analysis to 2023
Published Date: March - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Media and IT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Free Sample Ask for Discount Request CustomizationPatient Engagement Solution Market By Delivery Type (Web-based/Cloud-based and On-premise), By Component (Software, Services, and Hardware), By End Use (Payers, Providers, and Individual Users), By Application (Social Management, Health Management, Home Healthcare Management, and Financial Health Management) Global Analysis to 2023
Patient Engagement Solutions Market
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According to the new report titled " Patient Engagement Solution Market By Delivery Type (Web-based/Cloud-based and On-premise), By Component (Software, Services, and Hardware), By End Use (Payers, Providers, and Individual Users), By Application (Social Management, Health Management, Home Healthcare Management, and Financial Health Management) Global Analysis to 2023"
The valuation of the Patient Engagement Solution market was $23.16 Billion in 2023 and is projected to reach $58.70 Billion by 2032, at a CAGR of 14.27% from 2021 to 2032.
Hey there! Let's talk about the Patient Engagement Solution world. Back in 2023, it was a big deal, worth around $23.16 billion. And get thisit's expected to grow like crazy, by an average of 14.27% each year for the next few years. But what exactly is Patient Engagement Solution? Well, it's like the cool stuff that helps patients get more involved in their own healthcare journey. Think apps, software, and services that give them the power to manage their health and chat with their doctors. These tools cover a wide range of stuff, like patient portals where they can view their medical records and schedule appointments, mobile health apps that track their health, remote monitoring devices that keep an eye on their vital signs, and even telemedicine platforms for virtual doctor visits. There's also educational stuff, like coaching services and health tips, plus analytics that help everyone understand how patients are doing. Healthcare providers, insurance companies, drug companies, and even tech giants are all jumping on the patient engagement bandwagon. They're realizing that by making patients more involved, they can improve the quality of healthcare for everyone, make it more efficient, and make patients happier too.
Home Healthcare Management held the largest share in the Patient Engagement Solution market
In the Patient Engagement Solution market, different applications play important roles, including social management, health management, financial health management, and home healthcare management. Home healthcare management is especially crucial. It gives patients tools, platforms, and services that let them manage their health and get care from the comfort of their own homes. This is especially helpful for people with chronic illnesses, disabilities, or those who need ongoing medical attention. Home healthcare management solutions help patients take their medications on time by reminding them, tracking their doses, and managing refills. They also make it easy for patients, caregivers, and healthcare providers to communicate and work together. This can include secure messaging, scheduling appointments, sharing care plans, and getting real-time updates on a patient's condition. By using home healthcare management solutions, patients can better manage their health, avoid unnecessary hospital visits, and get the care they need from the comfort of their own homes. This is especially important for people who need ongoing support and monitoring outside of traditional healthcare settings.
North America headed the Patient Engagement Solution market in 2023
Unveiling the Rise of Patient Engagement in Healthcare Healthcare professionals in North America are waking up to the power of patient engagement. Why? Because it's the key to better health and lower costs! Think about it like thispatients are no longer just passive recipients of medical care. They want to be involved in making decisions about their own health. Governments are even on board, with laws like MACRA and MIPS giving doctors a financial boost for embracing patient engagement. It's all part of a bigger shift towards patient-centered care, where patients are the bosses of their own healthcare. Technology is also making it easier than ever for patients to get involved. Just think of telehealth, mobile health apps, wearables, and remote monitoring tools. They're like virtual healthcare buddies, letting patients connect with their doctors from afar, track their health data, and make healthier choices. These advancements are especially important as more and more people are living with chronic diseases like diabetes and heart disease. Patient engagement solutions help doctors keep a close eye on patients remotely, make sure they're taking their meds, and guide them in making healthier lifestyle choices. Key Players in the Patient Engagement Space (This section includes a list of key market players, but it's not necessary for the human-like rewrite.)
McKesson Corporation, Allscripts Healthcare Solutions, Orion Health Ltd., GetWellNetwork Inc., Cerner Corporation, Medecision Inc., Phytel Inc., Athenahealth Inc., YourCareUniverse Inc., Lincor Solutions Ltd. etc.
Scope of the Report
Report Attributes | Details |
Market Value (2023) | USD 20.6 Billion |
Forecast Revenue 2033 | USD 113.4 Billion |
CAGR (2024 to 2033) | 18.6% |
North America Share | 36% |
Base Year | 2023 |
Historic Period | 2018 to 2022 |
Forecast Year | 2024 to 2033 |
Keyplayers
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Cerner Corporation (Oracle)
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Epic Systems Corporation
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Allscripts Healthcare, LLC
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McKesson Corporation
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ResMed
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Koninklijke Philips N.V.
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Klara Technologies, Inc.
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Experian Information Solutions, Inc.
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athenahealth, Inc.
Patient Engagement Solutions Market Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the U.S. patient engagement solutions market report on the basis of delivery type, component, type, service type, functionality, therapeutic area, application, and end-user
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Delivery Type Outlook (Revenue, USD Million, 2017 - 2030)
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Web & Cloud-based
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On-premise
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Component Outlook (Revenue, USD Million, 2017 - 2030)
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Software & Hardware
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Services
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Type Outlook (Revenue, USD Million, 2017 - 2030)
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Standalone
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Integrated
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Service Type Outlook (Revenue, USD Million, 2017 - 2030)
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Consulting
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Implementation & Training
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Support & Maintenance
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Others
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- Functionality Outlook (Revenue, USD Million, 2017 - 2030)
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Communication
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Health Tracking & Insights
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Billing & Payments
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Administrative
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Patient Education
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Others
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Therapeutic Area Outlook (Revenue, USD Million, 2017 - 2030)
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Health & Wellness
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Chronic Disease Management
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Others
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Application Outlook (Revenue, USD Million, 2017 - 2030)
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Population Health Management
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Outpatient Health Management
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In-Patient Health Management
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Others
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End-user Outlook (Revenue, USD Million, 2017 - 2030)
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Payers
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Providers
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Others
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Table of Content
Table of Content
Table of Contents
Chapter 1: Understanding the Patient Engagement Market in the United States In this chapter, we'll break down the market into different segments and categories to gain a deeper understanding of its structure. We'll also explore the research methods we used to collect and analyze data, ensuring the accuracy and reliability of our findings. Chapter 2: Key Insights and Trends Here, we'll summarize the overall market outlook, including growth projections and key drivers. We'll also highlight the performance of different market segments and analyze the competitive landscape to identify major players and their strategies. Chapter 3: Dynamics and Variables Shaping the Market This chapter examines the factors that influence the patient engagement market. We'll explore market drivers that promote growth, as well as restraints that may hinder progress. We'll also use industry frameworks like Porter's Five Forces and PESTEL to assess the competitive environment and external factors. Chapter 4: Delivery Type Analysis In this chapter, we'll focus on how patient engagement solutions are delivered. We'll compare web and cloud-based solutions with on-premise options, analyzing their market share, growth trends, and revenue projections. Chapter 5: Component Analysis We'll divide patient engagement solutions into two components: software and hardware, as well as services. We'll examine the market size, growth, and revenue projections for each component to understand their relative importance and contribution to the overall market. Chapter 6: Type Analysis This chapter classifies patient engagement solutions into two types: standalone and integrated. We'll analyze their market shares, growth trajectories, and revenue projections to gain insights into the adoption and trends in each category. Chapter 7: Service Type Analysis We'll delve into the different types of services offered in the patient engagement market, including consulting, implementation and training, support and maintenance, and others. We'll examine their market sizes, growth rates, and revenue projections to understand their significance and impact on the overall market. Chapter 8: Functionality Analysis This chapter explores the different functions or features offered by patient engagement solutions. Communication, health tracking and insights, billing and payments, administrative functions, patient education, and other functionalities will be analyzed to understand their market share, growth, and revenue projections. Chapter 9: Therapeutic Area Analysis We'll segment the patient engagement market based on the specific therapeutic areas it addresses. This chapter will analyze the market size, growth, and revenue projections for health and wellness, chronic disease management, and other therapeutic areas. Chapter 10: Application Analysis This chapter will examine the different applications of patient engagement solutions, including population health management, inpatient health management, and outpatient health management. We'll analyze their market shares, growth rates, and revenue projections to understand their adoption and trends in the healthcare industry. Chapter 11: End-Use Analysis We'll segment the patient engagement market based on its end-users: payers, providers, and others. We'll analyze their market shares, growth rates, and revenue projections to understand the adoption and trends in each end-use sector. Chapter 12: Competitive Landscape Finally, we'll provide a detailed overview of the competitive landscape. We'll categorize different companies, analyze their market shares, and map their strategies to gain insights into the competitive dynamics and identify potential opportunities for growth and innovation.
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