Patient Engagement Solutions Market - Global Industry Analysis Trends And Forecast 2015 - 2023

Patient engagement is defined as the ongoing constructive dialogue between the patient and healthcare practitioner. With ongoing and rapid change occurring in the healthcare industry the patient engagement software enables the patient to view test results and communicate with doctors through a electronic data capturing platform.

Patient engagement solutions are vitally important for the following: provides quality treatment, reduces the cost of treatment procedure, better patient experience about treatment, quality improvement in healthcare, improve treatment efficiency and promote patient loyalty for medical practice. It has been observed that patient pays more attention and engaged in their healthcare procedures when they can access to their health information online. Moreover, in recent times healthcare providers are using patient engagement solutions to increase the safety and efficacy of the patient at their convenience. The global patient engagement solutions market can be segmented on the basis of delivery modes, components, therapeutic areas and end users. 

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Advances in healthcare, technology and medicine services demands the need of patient engagement solution to fulfill the patient needs rapidly and conveniently at a lower cost. Hence, the healthcare providers are rapidly adopting patient engagement solutions with the aim of providing better healthcare services to the patient. Therefore, the global demand of patient engagement solution is experiencing a rapid pace worldwide. Moreover, growing health care consumerism and new models of health care delivery and payment also demand the growth of patient engagement solutions worldwide. In addition, rising aging population also increase the demand of patient engagement solutions worldwide.

For instance, the U.S. Census Bureau stated that, fastest growing segment of the U.S. population is geriatric group. According to World Health Organization (WHO) estimates, the global geriatric population would increase from 524 million in 2010 to around 2 billion by 2050. Moreover, the global geriatric population would grow at the fastest rate in developed countries such as the U.S., the U.K. and Japan. However, high installation cost for patient engagement solutions and technical complexity is expected to hinder the global market demand during the forecast period. 

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North America dominates the global patient engagement solutions market due to rising awareness among people and growing demand of patient engagement solutions in this region. Moreover, technological advancement in patient engagement solutions is also accentuating the market growth in North America region. Europe represents the second position in the global patient engagement solutions market due to presence of large geriatric population base in European region. Asia-Pacific is considered as an untapped market due to lack of proper healthcare facilities in some Asian countries. Similarly, Asia-Pacific market for patient engagement solutions is considered as a promising market due to rising market penetration in this region. Additionally, escalating disposable earnings among population also accounted for the market growth in Asia-Pacific countries. Rest of the world (RoW) holds fourth position in the global patient engagement solutions market due to poor economic and health condition in most of the African countries. Patient engagement solutions market growth in RoW region will be fuelled primarily by extensive increase in healthcare infrastructure in Brazil and Mexico.  

Some of the major players operating in this market includes Medecision Inc., Phytel, Inc., Orion Health, Getwellnetwork, Inc., Emmi Solutions LLC, Athenahealth, Inc., Allscripts Healthcare Solutions, Inc., Cerner Corporation among others. 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

This report provides comprehensive analysis of 

• Market growth drivers 
• Factors limiting market growth
• Current market trends 
• Market structure
• Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

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