Patient Engagement Solutions Market to Experience Significant...

Patient Engagement Solutions Market to Experience Significant Growth by 2035

Posted 2024-06-06 13:18:01

Patient Engagement Solutions Market Overview

In order to build a sustainable competitive edge in the market, companies are actively focusing on offering wide range of features in their patient engagement solutions. The global Patient Engagement Solutions Market size is estimated to grow from USD 11.4 billion in 2023 to USD 96 billion by 2035, representing a CAGR of 19.44% during the forecast period 2023-2035.

Based on supplier strength, McKesson and Wolters Kluwer emerged as the leading players, having 190 and 187 years of experience in this industry, respectively. The Increasing Traction in the Field of Patient Engagement Solutions is Evident From amount of funding received by companies in the recent past. The maximum funding amount was invested in 2021 30%, followed by 25% invested in 2022.

This rise in funding activity in the past few years can be attributed to the increasing demand for patient engagement solutions and growing drawbacks of conventional healthcare methods. The overall trend represents a favorable growth in the number of funding instances, indicating a growing interest of various stakeholders in patient engagement solutions.

Venture series (55%) emerged as the most common types of funding adopted by investors in this domain indicative of the potential for growth and profitability within the domain, followed by seed funding 16%, other equity 15% and 8.3% debt financing.

Patient Engagement Solutions Market Segmentation

Key segments of Patient Engagement Solutions Market are Distribution by Deployment Option (Cloud-based Solutions, On-Premise Solutions and Web-based Solutions), Type of Solution Offered (Appointment Management Solutions, Electronic Health Record Integration Solutions, Patient Education Solutions, Remote Patient Monitoring Solutions and Other Solutions), Application Area (Financial Health Management, Fitness and Wellbeing, Home Health Management, Research and Development and Social Health Management), End-user (Healthcare Providers, Individuals, Payers and Other End-users), and Key Geographical Regions (North America, Europe, Asia, Middle East and North Africa, and Rest of the World).

Fine-grained sentiment analysis helps shaping patient engagement solutions by decoding emotions, enabling personalized care, and reforming the future of healthcare. Fine-grained sentiment analysis of patients’ experience with patient engagement solution apps highlights valuable insights on the key pain points, features, and suggestions for improvement.

Most common pain points among android and iOS apps are usability issues, followed by app performance and technical issues. Ease and use of accessibility has emerged as the most common key feature offered by android and iOS apps, followed by messaging and communication. The majority (75%) of patients have provided suggestions regarding technical issues and glitches for both android and iOS apps, followed by features and functionality 58%.

As per the base case forecast scenario, the market for patient engagement solutions is estimated to grow at an annualized rate of 18.2%, in the given time period. The opportunity is likely to be well distributed across deployment option, type of solution offered, application area, end-user and geographies. Cloud-based solutions presently captures the largest market share, followed by web-based solutions and on-premise. In addition, EHR integration is expected to capture highest market share based on type of solutions, followed by appointment management, till 2035.

Patient Engagement Solutions Market Key Players

The leading key players in the patient engagement solutions market are athenahealth, Coviu, GetWellNetwork, Health Catalyst, MediBuddy, Mocero Health, Orion Health, Physitrack, SolvEdge, Veradigm, Well-Beat and Wolters Kluwer.

Browse Complete Report at: https://www.rootsanalysis.com/reports/patient-engagement-solutions-market.html

About Roots Analysis

Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture catalysts, and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serving our clients in the best possible way.

The research efforts are driven by a global team. The leadership team brings a wealth of experience within the sector. Their collective experience in pharmaceutical / affiliated domains allows us to tackle various areas of research in a structured way. We also regularly leverage our global network of experts who hold senior leadership positions in reputed firms and organizations worldwide.

All our analysts are trained to produce high-quality research work. They are continuously mentored by senior experts to present an original, unbiased and informed perspective on pressing issues in the industry. On any particular subject, we bring together the best available resources to ensure highest quality in all our reports.

Browse More Related Promotions

https://pulsardirectory.com/listings12739738/lipid-nanoparticle-market-overview

http://andrzejradomski.umcs.lublin.pl/?p=781#comment-3846292

https://lpg.ie/community/profile/rupalimehta/

http://www.pueblosecreto.com/rupalimehta

https://www.checkli.com/rupalimehta

https://ferrariformula1.hu/community/forma-1/cell-sorting-market-revenue-share-key-drivers-trend-analysis-2035/

https://onedio.co/profile/rutikarshete

https://engage.eiturbanmobility.eu/profiles/rupali14mehta/timeline

https://everybodywiki.com/Utilisateur:Rupali14mehta

https://top10bookmark.com/story17225365/modular-construction-market-product-trends-key-companies-revenue-share-analysis-2035

https://community.fandom.com/wiki/User:Rupalimehta12?emailConfirmed=1