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Patient Engagement Solutions Market By Component (Hardware, Software, Services), By Delivery Mode (On-Premise, Cloud-Based), By End User (Providers, Payers, Patients), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: LI4081  
|   Life Sciences & Healthcare

As per Intent Market Research, the Patient Engagement Solutions Market was valued at USD 25.8 billion in 2023 and will surpass USD 56.4 billion by 2030; growing at a CAGR of 11.8% during 2024 - 2030.

Software Segment is Anticipated to Grow the Fastest

The software segment is expected to experience rapid growth within the patient engagement solutions market, driven by the increasing adoption of digital health platforms and the integration of electronic health records (EHRs). As healthcare providers continue to embrace digital transformation, software solutions that facilitate patient communication, engagement, and management are gaining prominence. These tools help streamline workflows, enhance patient outcomes, and improve overall healthcare delivery through real-time monitoring and data sharing.

Additionally, the push for value-based care has led to the demand for software solutions that offer personalized care plans and track patient adherence to treatments. The ability to access care remotely through telehealth platforms and mobile health (mHealth) applications further contributes to the growing demand for patient engagement software. With healthcare systems focusing on improving patient experience and outcomes, software solutions are becoming a key enabler for efficient care delivery, making this segment poised for substantial growth.

Patient Engagement Solutions Market By Component

 

 

North America is Expected to Dominate the Patient Engagement Market

The North American region holds the largest share of the patient engagement solutions market, largely due to the presence of advanced healthcare infrastructure, widespread EHR adoption, and supportive government initiatives aimed at improving healthcare outcomes. The U.S. government, in particular, has been a strong proponent of digital health transformation, with programs like the Affordable Care Act and the Medicare Access and CHIP Reauthorization Act (MACRA) incentivizing healthcare providers to adopt patient engagement technologies.

Moreover, North America’s growing elderly population, coupled with the high prevalence of chronic diseases, has heightened the need for continuous care management and remote patient monitoring solutions. The region also benefits from a tech-savvy patient base, which has embraced telemedicine, mobile health apps, and patient portals. As healthcare providers and payers continue to prioritize patient-centered care, North America is expected to maintain its leadership position in the global patient engagement solutions market.

Patient Engagement Solutions Market  share by region

The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market. The report also covers a detailed analysis of the competitive landscape which includes major players, their recent developments, growth strategies, product benchmarking, and manufacturing operations among others. Also, brief insights on start-up ecosystem and emerging companies is also included as part of this report.

Report Objectives:

The report will help you answer some of the most critical questions in the Patient Engagement Solutions Market. A few of them are as follows:

  1. What are the key drivers, restraints, opportunities, and challenges influencing the market growth?
  2. What are the prevailing technology trends in the Patient Engagement Solutions Market?
  3. What is the size of the Patient Engagement Solutions Market based on segments, sub-segments, and regions?
  4. What is the size of different market segments across key regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa?
  5. What are the market opportunities for stakeholders after analyzing key market trends?
  6. Who are the leading market players and what are their market share and core competencies?
  7. What is the degree of competition in the market and what are the key growth strategies adopted by leading players?
  8. What is the competitive landscape of the market, including market share analysis, revenue analysis, and a ranking of key players?

Report Scope:

Report Features

Description

Market Size (2023)

USD 25.8 billion

Forecasted Value (2030)

USD 56.4 billion

CAGR (2024 – 2030)

11.8%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Patient Engagement Solutions Market By Component (Hardware, Software, Services), By Delivery Mode (On-Premise, Cloud-Based), By End User (Providers, Payers, Patients)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Patient Engagement Solutions Market, by Component (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Hardware

      4.1.1. Patient Kiosks

      4.1.2. Wearable Devices

      4.1.3. Interactive Patient Systems

      4.1.4. Monitoring Devices

      4.1.5. Others

   4.2. Software

      4.2.1. Patient Portals

      4.2.2. Mobile Health (mHealth) Apps

      4.2.3. EHR Integration Solutions

      4.2.4. Telehealth Software

      4.2.5. Chronic Disease Management Platforms

      4.2.6. Population Health Management Software

      4.2.7. Health Education Software

      4.2.8. Others

   4.3. Services

5. Patient Engagement Solutions Market, by Delivery Mode (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. On-Premise

   5.2. Cloud-Based

6. Patient Engagement Solutions Market, by End User (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Providers

      6.1.1. Hospitals and Healthcare System

      6.1.2. Ambulatory Care Centers

      6.1.3. Others

   6.2. Payers

   6.3. Patients

   6.4. Others

7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Patient Engagement Solutions Market, by Component

      7.2.7. North America Patient Engagement Solutions Market, by Delivery Mode

      7.2.8. North America Patient Engagement Solutions Market, by End User

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Patient Engagement Solutions Market, by Component

               7.2.9.1.2. US Patient Engagement Solutions Market, by Delivery Mode

               7.2.9.1.3. US Patient Engagement Solutions Market, by End User

         7.2.9.2. Canada

         7.2.9.3. Mexico

         *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. Allscripts

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

      *Similar information will be provided for other companies 

   9.2. Athenahealth

   9.3. Cerner

   9.4. CureMD Healthcare

   9.5. eClinicalWorks

   9.6. Epic Systems

   9.7. GE Healthcare

   9.8. GetWellNetwork

   9.9. IBM

   9.10. Lincor

   9.11. McKesson

   9.12. Medecision

   9.13. Oracle

   9.14. Philips

   9.15. Wipro

10. Appendix

 

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A comprehensive market research approach was employed to gather and analyze data on the Patient Engagement Solutions Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Patient Engagement Solutions Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Reasarch approch - Patient Engagement Solutions Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Patient Engagement Solutions ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Patient Engagement Solutions Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Patient Engagement Solutions Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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