Global Patient Engagement Solutions Market Size study, byDelivery Type (Web & Cloud-based, On-premise), By Component (Software & Hardware, Services) by Functionality ( Communication, Health Tracking & Insights, Billing & Payments, Administrative, Patien

Global Patient Engagement Solutions Market Size study, byDelivery Type (Web & Cloud-based, On-premise), By Component (Software & Hardware, Services) by Functionality ( Communication, Health Tracking & Insights, Billing & Payments, Administrative, Patient Education, Others), by Therapeutic Area (Health & Wellness,Chronic Disease Management,Others), By Application, (Population Health Management, Outpatient Health Management, In-patient Health Management, Others By End User(Payers, Providers. Others)and Regional Forecasts 2022-2028

Global Patient Engagement Solutions Market is valued approximately USD 16 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 17% over the forecast period 2022-2028.Implementation of changing government regulations and healthcare initiatives to promote patient-centric care, high demand for patient engagement solutions in the post-pandemic era, and growing use of m-health apps are the factors driving the growth of this market.According to a 2021 survey conducted by NextGen Healthcare, 83% of ambulatory healthcare survey respondents believed that patient engagement solutions were critical to organizational financial success and patient outcomes. In the coming years, favourable government initiatives are likely to have an impact on market growth. For example, the FDA launched the Patient and Caregiver Connection programme in 2018. Throughout the treatment's evaluation and surveillance, the programme aimed to foster engagement with patients, patient advocates, and caregivers.In March 2019, Columbia Asia Hospitals in Malaysia, India, Indonesia, and Vietnam collaborated with MphRx to launch a patient engagement application suite. The goal of this programme is to digitally transform healthcare services, improve patient engagement, and lead to clinical excellence. However, interoperability for patient engagement solutions, as well as a shortage of skilled IT professionals in the healthcare industry, are expected to limit the market's growth during the forecast period.

The key regions considered for the global Patient Engagement Solutions Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.During the forecast period, the Asia Pacific market is expected to grow at a lucrative rate. Growing internet and smartphone penetration, a large patient population, improving healthcare infrastructure and care quality, and the presence of local players are some of the key factors expected to offer lucrative growth opportunities to the market over the forecast period. Economic development in countries such as India and China is also assisting this region's growth. North America held the largest revenue share because of the presence of key players, increasing adoption of mhealth and EHR, and growing investment in patient engagement software by major companies. Furthermore, rising awareness, combined with increased government spending on the healthcare sector, is expected to accelerate growth. Europe held the second-largest share `.
because of publicly funded systems such as the National Health Service (NHS) in the United Kingdom,
Major market player included in this report are:
Cerner Corporation (Oracle)
NextGen Healthcare, Inc.
Epic Systems Corporation
Allscripts Healthcare, LLC
McKesson Corporation
ResMed
Koninklijke Philips N.V.
Klara Technologies, Inc.
CPSI
Experian Information Solutions, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByDelivery Type:
Web & Cloud-based
On-premise

By Component:
Software & Hardware
Services
By Functionality:
Communication
Health Tracking & Insights
Billing & Payments
Administrative
Patient Education
Others
By Therapeutic Area:
Health & Wellness
Chronic Disease Management
Others
By Application:
Population Health Management
Outpatient Health Management
In-patient Health Management
Others
By End-user:
Payers
Providers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Patient Engagement Solutions Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Cerner Corporation (Oracle)
NextGen Healthcare, Inc.
Epic Systems Corporation
Allscripts Healthcare, LLC
McKesson Corporation
ResMed
Koninklijke Philips N.V.
Klara Technologies, Inc.
CPSI
Experian Information Solutions, Inc.

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