Patient Engagement Solutions Market Scope
Patient engagement solution is designed to help patients manage their healthcare data and improves financial and operations efficiency. Market players are focusing on technological development. For instance, Heathered a Patient Engagement Management platform provider launched a new Heathered Life Portfolio’ (HELIO), a beta version of a new blockchain-based mobile app for patients. Further, growing healthcare infrastructure in emerging economies and increasing patient pool driving the demand for patient engagement solutions.
According to AMA, the Global Patient Engagement Solutions market is expected to see growth rate of 17.2%
Number of players are present in the market hence fragmented nature of the market. Market players are focusing on technological developments to provide advanced patient engagement solutions. For instance, Allina Health announces a simple and secure way for iPhone users to access medical data from multiple healthcare providers into one place. Further, increasing demand from emerging economies generating lucrative opportunities for the companies providing patient engagement solution. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Patient Engagement Solutions market throughout the predicted period.
McKesson Corporation (United States), Cerner Corporation (United States), Allscripts (United States), IBM (United States), Allina Health (United States), Orion Health (New Zealand) (United States), Getwell Network (United States), Lincor Solutions (Ireland), Yourcare Universe (United States), WelVU (United States), Get Real Health (United States) and Oneview Healthcare (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Luma Health (United States), Athenahealth (United States) and Healthereum (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Patient Engagement Solutions market , by Application (Health Management, Social and Behavioral Management, Home Health Management and Financial Health Management) and Region with country level break-up.
On the basis of geography, the market of Patient Engagement Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
26th March 2019, Allscripts Healthcare Solutions Inc. announced that it is patient engagement platform, FollowMyHealth enters in partnership with Ephraim McDowell Health.
- Emphasizing On Big Data Analytics, Block Chain, and Cloud-Based Technology for Designing Patient Engagement Solutions
- Development of Omni-Channel Tool for Patient Engagement
- Rise in Aging Population
- Rising Demand for Mobile Health Solutions
- Increasing Government Initiatives to Promote Digitization in Healthcare Sector
- Rising Demand of Patient Specific Solution
- Growing Demand for Wearable Healthcare Technology
- Increasing Demand from Emerging Economies Owing to Growing Healthcare Infrastructure
- High Deployment Cost of Patient Engagement Software
- Lack Of Skilled IT Professionals in the Healthcare Industry
- Data Safety and Security Concerns Associated with Patient Engagement Solutions
Key Target AudienceHealthcare Institutions [Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, Pharmacies, Ambulatory Centers, and Outpatient Clinics], Healthcare Insurance Companies/Payers, Healthcare IT Service Providers, Venture Capitalists, Government Bodies, Corporate Healthcare Entities and Accountable Care Organizations
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Patient Engagement Solutions Market?
The Patient Engagement Solutions study can be customized to meet your requirements. The market size breakdown by type , by end use application [Health Management, Social and Behavioral Management, Home Health Management and Financial Health Management].
2. How big is the Patient Engagement Solutions Market?
The Patient Engagement Solutions Market is gaining popularity and expected to see strong valuation by 2026.
3. What is expected growth rate in Patient Engagement Solutions Market?
According to AMA, the Global Patient Engagement Solutions market is expected to see growth rate of 17.2%.