The report analyzes and forecasts the Global patient engagement technology Market on a global and regional level. The study offers past data from 2017 to 2021 along with forecasts from 2023 to 2030 based on revenue (USD Million).
Assessment of patient engagement technology dynamics gives a brief thought about the drivers and restraints for patient engagement technology along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in patient engagement technology on a global level.
The report gives a transparent view of the patient engagement technology market. We have included a detailed competitive scenario and portfolio of leading vendors operative in the patient engagement technology market. To understand the competitive landscape in the patient engagement technology market, an analysis of Porter’s Five Forces model for patient engagement technology has also been included.
The study encompasses a market attractiveness analysis, wherein components, services, applications, delivery mode, therapeutic area, end-user, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.
Patient engagement is making patients well-informed about the problem and motivating them to take care of their own medications. This will help the patient to know all possible treatment, medication and recovery options, and other aspects that will support his choice. It provides a number of ways with which a patient can track his progress/recovery through technologies such as mobile devices, wearables, patient portals, mobile applications, etc.
The market for patient engagement technology is growing at a significant rate and is majorly driven owing to the rising initiatives by both developed and developing countries. The demand for the market is also subjected to rise owing to the rapidly increasing awareness among patients about patient engagement technology. Moreover, a rise in the number of deadly diseases such as chronic and infectious diseases are expected to drive the market demand for the target market. Surging healthcare benefits for individuals is further fueling market demand for patient engagement technology.
The patient engagement technology is provoking the interest of stakeholders in the healthcare industry such as healthcare professionals, physicians, payers, providers, technologists, planners, technologists and also the government as it is beneficial for patients’ better health. Additionally, with the adoption of patient engagement technology healthcare is able to reduce costs thereby improving healthcare quality and simultaneously generating demand for the target market. Furthermore, with the rising government initiative and value-for-money technology made available to individuals is anticipated to stimulate market demand. However, lack of proper knowledge and protection of patient information may hinder demand for the patient engagement technology market.
The global patient engagement technology market is segmented on the basis of application into financial health management, health management, social management, and home healthcare management of patients.
The health management segment is projected to hold a substantial market share over the projected period owing to the growing awareness amongst patients is one of the factors driving market growth, followed by home healthcare management which is also anticipated to grow at a significant rate. Increasing workload and commutation time for work is the factor driving the market growth. It is observed that patients treated with home care are much healthier and recover sooner comparatively.
North America is anticipated to show significant growth over the forecast period. It will hold a substantial share owing to the rising concern for healthcare management by senior patients. According to the survey conducted by alignment healthcare, states that about fifty-nine percent of senior patients have concerns related to their health in the near future. This technology will help seniors to manage their health on their own, connect with the providers and also see their health concerns.
Report Attributes | Report Details |
---|---|
Report Name | Patient Engagement Technology Market Size Report |
Market Size in 2022 | USD 6,000 Million |
Market Forecast in 2030 | USD 9,000 Million |
Growth Rate | CAGR of 7% |
Number of Pages | 140 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | YourCareUniverse, Inc., WelVU, Inc., Phytel, Inc., PatientPoint, Orion Health Ltd., Medecision, Inc., Oneview Healthcare, McKesson Corporation, Lincor Solutions Ltd., and GetWellNetwork, Inc., amongst others. |
Segments Covered | By Component, By Services,By Application, By Delivery Mode, By Therapeutic Area By End-User And By Region. |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Leading players in the patient engagement technology market are involved in making technology available for everyone and also focusing on improving the health conditions of patients. Renowned patient engagement technology market players are
North America
These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in [Keyword] business includes. [Company list]
As per [Keyword] market analysis, North America is forecasted to occupied major share in the [Keyword] market.
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The report come up with a segment of the [Keyword] market based on Type, Region, and Application, Also offer a determined view on the [Keyword] market.
The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.
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Patient Engagement Technology
Patient Engagement Technology
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